M.S. in Risk Management Programs
Required courses in Risk Management (all courses are 3 credits)
The following courses are required of all M.S. in Risk Management students. All courses are 3 credits. Students may not enroll in these courses until general prerequisites for admission listed above have been completed.
RM 701 Enterprise Risk Management (Fall)
RM 705 Risk Transfer to Financial Markets (Spring)
Pre- or co-requisite RM 701- Enterprise Risk Management (Fall). RM 703- Investment Analysis (Fall, Spring) or BUS 350 is recommended.
RM 706 Risk Transfer to Insurance Markets (Fall, Spring)
RM 790 Applied Dynamic Financial Analysis (capstone) (Fall)
Pre- or co-requisite RM 701-Enterprise Risk Management (Fall), RM 702-Accounting for Risk Management, RM 704- Risk Measurement, RM 705- Risk Transfer to Financial Markets, and RM 706- Risk Transfer to Insurance Markets (Fall, Spring), and RM 710- Fixed Income Instruments.
Concentration Courses
In addition to the required courses, students must take the additional courses listed below for their chosen area of concentration. Students may not enroll in these courses until the prerequisites for the chosen concentration and for the program have been completed.
Accounting Concentration (18 credits)
RM 704 Risk Measurement (Fall)
Pre- or co-requisite RM 701- Enterprise Risk Management (Fall).
ECO 715 Advanced Corporate Finance (Fall, Spring)
ACC 712 Advanced Financial Accounting Theory (Fall, Spring)
ACC 723 Advanced Auditing Theory and Practice (Fall, Spring)
ACC 747 Communications and Accountants (Fall, Spring)
ACC 757 Taxation of Business Entities (Fall, Spring)
Finance Concentration (18 credits)
RM 702 Accounting for Risk Management (Fall)
Pre- or co-requisite RM 701- Enterprise Risk Management (Fall).
RM 704 Risk Measurement (Fall)
Pre- or co-requisite RM 701- Enterprise Risk Management (Fall).
RM 707 Financial Statement Analysis (Spring)
Prerequisite RM 702- Accounting for Risk Management (Fall) or equivalent.
RM 708 Financial Econometrics (Spring)
Prerequisite RM 704- Risk Measurement (Fall), or ECO 721- Econometrics, or permission of the instructor.
RM 709 Portfolio Management (Fall)
Pre- or co-requisite RM 703- Investment Analysis (Fall, Spring) or BUS 350- Investment Analysis, and RM 710- Fixed Income Instruments
RM 710 Fixed Income Instruments (Spring)
Prerequisite RM 704- Risk Measurement (Fall) or RM 703- Investment Analysis (Fall, Spring) or equivalent.
DFA Modeling Concentration (18 credits)
RM 702 Accounting for Risk Management (Fall)
Pre- or co-requisite RM 701- Enterprise Risk Management (Fall).
ECO 715 Advanced Corporate Finance (Fall, Spring)
RM 709 Portfolio Management (Fall)
Pre- or co-requisite RM 703- Investment Analysis (Fall, Spring) or BUS 350- Investment Analysis, and RM 710- Fixed Income Instruments.
RM 710 Fixed Income Instruments (Spring)
Prerequisite: RM 704- Risk Measurement (Fall) or RM 703- Investment Analysis (Fall, Spring) or equivalent.
CSCI 765 Computational Finance (Spring)
Prerequisites CSCI 700- Algorithms I; or, for students in the Risk Management Program, CSCI 314- Data Structures for Finance, or the equivalent, and Economics 249- Statistics as Applied to Economics and Business or the equivalent.
RM 791 Dynamic Financial Analysis Modeling (Spring)
Pre- or co-requisites RM 701- Enterprise Risk Management (Fall), and either RM 705- Risk Transfer to Financial Markets (Spring), or RM 706- Risk Transfer to Insurance Markets (Fall, Spring).
