Return to: 7210 Department of Risk Management and Insurance
The Master of Science program is designed particularly for students who already have an undergraduate degree in business administration and wish to study one of the disciplines in which a major is offered in greater depth. Students who do not have an undergraduate background in business but have already established a career in a field related to one of the M.S. majors may find that the specialized degree can be tailored to fit career needs.
The requirements for each of these major fields of study are given in the following sections.
Haci Akcin, Director, 404-413-7467, hakcin1@gsu.edu
The mission of the Master of Science in Quantitative Risk Analysis and Management (QRAM) program is to provide students with a solid understanding of the application of mathematics in economics and finance to address contemporary risk management issues. Emphasis is placed on the diagnosis, analysis, pricing and customization of solutions to risk management problems, broadly defined to include both financial and operational risk exposures. The program is designed to prepare students for analytical and technical positions within financial institutions, risk management advisory organizations, and the treasury departments of non-financial corporations. Quantitative in focus, the program is well suited for students with undergraduate and graduate degrees in mathematics, statistics or similar technical disciplines. Students with an MBA or undergraduate degree in economics, finance or actuarial science, who can demonstrate the necessary skills in mathematics, also make excellent candidates.
The MS in Quantitative Risk Analysis and Management can be completed in 16 months over three semesters. Since the core courses are designed in a lockstep format, students should be prepared to begin their core sequence during the fall semester. Students who have not completed the foundational requirements for the degree should apply for admission during either the spring or summer semester so they can complete the prerequisites before the core sequence begins in the fall. Please contact the QRAM program director for advice about the appropriate time when you should apply to enter the program.
Two dual-degree options are available: one in which students will earn both the Master of Actuarial Science degree and the Master of Science in Quantitative Risk Analysis and Management (MAS/QRAM); and one in which students will earn both the Master of Science in Analytics degree and the Master of Science in Quantitative Risk Analysis and Management (MSA/QRAM). The programs provide students with increased career opportunities in the financial services industries specializing in the application of quantitative methods to solve complex business problems in an era of financial services and capital markets convergence.
