The Master of Science in Enterprise Risk Management (ERM) at Columbia University's School of Professional Studies is designed to equip graduates with an advanced and comprehensive skill set in enterprise risk management. The program covers all aspects of ERM, including frameworks, risk governance, risk identification, risk quantification, risk-reward decision-making, and risk messaging. Students learn to apply value-based ERM strategies, quantify diverse risk types (strategic, operational, financial, insurance), design and implement tailored ERM frameworks, and communicate risk concepts to promote successful ERM adoption. The program is available both on-campus in New York City and online, offering flexibility for working professionals. Courses emphasize applied, practical tools proven in industry contexts, as well as communication and leadership skills. It is recognized as one of the most comprehensive ERM programs globally, with graduates securing roles at top employers like Morgan Stanley, Goldman Sachs, and the UN.