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Business

Enterprise Risk Management (MS) at Northwestern University

Northwestern University, United States

Programme overview

Enterprise risk management is a cross-functional discipline that integrates strategy, regulation, data, technology, and human decision-making to help organizations anticipate uncertainty and remain resilient. The Master of Science in Enterprise Risk Management prepares professionals to lead risk-informed decisions across complex, regulated, and technology-enabled environments. All students begin with a shared core foundation that develops enterprise-wide risk expertise.

Faculty: School of Professional Studies  |  Study mode: full-time  |  Location: Evanston, IL, United States

What you will study

The program culminates in an applied capstone practicum, where students complete a real-world enterprise or technology risk engagement and deliver a board-level risk assessment or governance framework. Coursework emphasizes regulatory compliance and consumer protection, decision-making under uncertainty, operational risk and resilience, business continuity and crisis management, enterprise change leadership, and data analytics for risk management.

Career pathways

Graduates are prepared to lead organization-wide risk programs, oversee resilience and continuity planning, and guide stakeholders through regulatory, operational, and strategic disruption. Employers across industries are seeking professionals with expertise in risk frameworks, data-driven analysis, regulatory insight, and leadership.

Official programme page

Application information

Entry requirements

The admissions team reviews each application holistically, taking into account professional experience, goals, and letters of recommendation in addition to academic history.

Tuition is charged per credit, so the total depends on the modules you register for each year. Current fees are listed in the official fee schedule.

Graduate applications for 2026-27 open September 15, 2026; deadlines vary by programme. The Graduate School application fee is $95 and nonrefundable, paid by credit or debit card.

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