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Risk Management

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Risk Management Graduate Program Admissions Application Procedure

Admission Windows/Contact Information​:
Fall Admission 
Priority Deadline April 1 (Students who wish to apply for a scholarship must apply by April 1).  Otherwise, the Fall application deadline is normally May 1.

For Fall 2021 we have Extended the Deadline to July 15
If accepted, students are 
  permitted to register for Summer and Fall courses.  
Spring Admission
Deadline October 30

If accepted, students are 
permitted to register for
Spring courses.

The Risk Management Graduate Program: General Admissions Process​

Whether applying for a Masters in Risk Management or the 12-credit Advanced Certificate in Risk Measurement, all applicants (except those well-qualified QC undergraduate students mentioned belowneed to submit

1. Application

2. Official transcripts from all schools

3. Two letters of recommendation (academic or professional)

4. 500 word essay that answers the question: “Why do you want to enter the program?”   

5. Resume

6. GMAT or Equivalent* 

7. TOEFL > 100 if an applicant is from a non-primary English speaking country.  A TOEFL < 100 means that an accepted candidate will need to take ESL at Queens College before starting the coursework, and potentially during the program.  A TOEFL < 100 will not be the basis for admission denial. 

*GMAT Equivalencies include: GRE, CFA (Level 1), CPA (1), SOA/CAS exam (1), LSAT, MCAT, 10+ years of related work experience, or alternatively, we now offer an Internal Entrance Exam.  This is a content-based exam (based on select CFA material).  For information on what to prepare for the Internal Entrance Exam see: IEE.pdfIEE.pdf.  Complete your application and then send our Program Assistant an email to schedule your Internal Entrance Exam date.

The Admissions Decision

Here are factors that go into the committee’s decisions:

  • The transcript:  Grades in college, specific courses taken, and their academic rigor. Because the program is analytical and quantitative, a transcript with grades in courses that are directly related to the curriculum, such as math and finance, will be strengthen an application relative to a transcript with the same grades in courses unrelated to the curriculum. However, prospective applicants who have done well with a rigorous liberal arts background, even without substantial math, finance, accounting, or computer science coursework, are strongly encouraged to apply. Course prerequisites can be met after acceptance to the program. Most accepted students have not met all prerequisites.  
  • Recommendations: The recommendations give the applicant opportunity to tell the committee something about his or her work habits and character that are not otherwise visible in the transcript, resume, or test scores. 
  • Essay:  We encourage applicants to write the essay in their own voice. Even if English is not the applicant’s primary language, the committee would prefer to read an authentic essay, written by the applicant in his or her own voice. 
  • Resume: The resume gives the committee a more complete perspective of the applicant.
  • The committee evaluates duration and relevance of one’s work experience to risk management. Related experience is interpreted broadly, including internal audit, assurance, compliance, financial analysis and budgeting, financial services industry functions generally, such as custody, underwriting, or settlement, and insurance brokerage, among others. An applicant who would be able to significantly leverage his or her career prospects by virtue of completing the degree program is encouraged to apply.  
  • GMAT or equivalent: The GMAT is an opportunity for an applicant to demonstrate aptitude for analytical and critical thinking. Generally, the committee looks for good scores in the Quantitative section of the test, but good scores in the Verbal and Analytical writing sections, as well as the Integrated Reasoning may also factor significantly. 
  • ​Putting it all Together: The committee also evaluates the totality of the application. Were the grades in college a factor of working full time to pay for tuition? Has the applicant passed Level 1 of the CFA, or Exam P of the Society of Actuaries, either of which is a major accomplishment and indicates that the applicant is prepared to do well in the program? Does the applicant have excellent grades in academically challenging courses but did not perform as expected on the GMAT due to lack of preparation? The committee makes every effort to evaluate candidates in context with their life and academic experiences. 

Preparing to Apply

​1. Read about the curriculum and about Queens College.
2. Start an application online at Queens College graduate admissions. Click here​: Office of Graduate Admissions​
3. Contact your undergraduate university and have transcripts sent.​
4. Prepare for GMAT. Budget study time over the next few months and set your date. Keep a schedule of preparing for the test. Arrange for study materials. **
5. Contact supervisors or professors to provide a recommendation for you. All they need to do is agree to provide a recommendation and the application system will contact them. 
6. Update your resume.
7. Write your essay. Limit it to 500 words.
8. Prepare one document that has both your resume and essay together. The application system allows only one uploaded document. 
9. Schedule an appointment to meet Professor Cara Marshall, Director of Admission for the Risk Management Program. And, arrange to visit a class or event on campus and arrange to meet a current student.​

** If you are already preparing for the CFA, SOA, CPA or other exam, you may opt to take submit those results when they become available.​  Alternatively, you can choose to take our Internal Entrance Exam instead.  For information on what to prepare for the Internal Entrance Exam see: IEE.pdfIEE.pdf. ​



Frequently Asked Questions

  • Admissions are based on a rolling process within the admission window.
  • Decisions are usually made within 30 days after an application is complete.
  • In certain cases, the Admissions Committee may request an interview with the applicant. 

Direct Admission for Well-Qualified Queens College Undergraduate Students

Queens College undergraduates majoring in Accounting, BBA, Computer Science, Economics, Environmental Science, or Mathematics may be automatically admitted into the MS in Risk Management (in the concentration of their choice) if they meet the following three criteria:

(i) a major GPA of 3.7, and

(ii) an overall GPA of 3.5 or higher, and 

(iii) completed at least 12 weeks of employment or internship related to their field of study before matriculating into the Risk Management MS program.

Students who believe they meet these criteria should contact the Program Director and submit proof of relevant internship/work experience as well as a Queens College transcript. 

An application will be required, but the: essay, letters of recommendation, and GMAT or equivalent will be waived.

If you do not meet the qualifications for direct admission, see the general admissions​ process above.​

Additional Resources:

 Office Information


Our Office has moved to Kissena Hall
Fall 2021: Noelle Ogawa is in the office
Thursdays only from 12:00-5:00

Noelle is available Mondays-Thursdays
from 12:00-5:00 
via email or phone 

Program Director:
Cara Marshall, PhD
See office hours and make appointment:

Kissena Hall 309
(718) 997-5387

Program Assistant:
Noelle Ogawa
Kissena Hall 310
(718) 997-5507





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