MS/MBA degree in Risk Management

Discover Financial Services nihanta
Oct 16 12 Comments

Anyone done this? Where at? Just curious what is needed in terms of back ground how hard etc.

Engineering education background but experience in banking risk reporting area. Curious if I could do it.

YOE 10 TC 120k

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TOP 12 Comments
  • Chase DaimeJimon
    Why? You guys will get so outdated if you do this, the better combo if you want to be in risk management is the quant path then experience. Imagine a MS in Applied Maths with focus in Financial Maths or directly one in financial maths. Those degrees IMHO would not help in your career.
    Oct 17 2
    • BNY Mellon Oskr
      Agree
      Oct 17
    • KPMG wVrb06
      This is spot on. I work in Risk Management and i can assure you those degrees dont mean much. Feel free to PM me.

      YOE: 7
      TC: 170k
      Oct 17
  • Bank of America wonderbro
    You don't need any degrees for risk unless you want to be a modeler. It's all just experience. Most management in banking don't have fancy degrees except for quants traders and investment bankers. All ops risk etc don't bother. Banks rarely even sponsor adv degrees for execs because they just don't believe in it.
    Oct 17 0
  • Wells Fargo krHX44
    I was looking at this degree as well, with a background in banking & compliance reporting. I chose to pursue a masters of data analytics to be more marketable to different industries if need be. I have a feeling a risk program would be easier than what I got myself into.
    Oct 17 0
  • BNY Mellon Oskr
    I suspect real experience will be more valued than a grad level RM degree. That said, your technical undergrad will be useful as risk can be quite quantitative.
    Oct 17 0
  • Charles Schwab 839165
    Why bother.
    Oct 23 1
    • Discover Financial Services nihanta
      OP
      I take it you are doing pretty good
      Oct 24
  • Moody's nightSun
    Is it because of WLB of risk management? Otherwise on TC wise it doesn't outbid SWE roles in the same company at the same level.
    Oct 17 1
    • Discover Financial Services nihanta
      OP
      I don't have background for SWE. And don't see myself becoming a coding ninja
      Oct 17
  • Discover Financial Services nihanta
    OP
    Appreciate responses. While I don't expect to get a huge bump in TC, I thought this might give structured thought to work at hand. I will look at quant
    Oct 17 0
  • PNC tvdhve
    Following. Been considering this as well.
    Oct 17 0

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