Whether for private companies or public policy design, effective risk analysis requires expertise in the critical factors now driving global change, including technology, climate, politics, regulatory uncertainty, migration, pandemics, and extremism.
Based at the SAIS Europe campus in Bologna, Italy, students in the Master of Arts in Global Risk (MAGR) program develop sophisticated risk management and analysis skills through a comprehensive and interdisciplinary approach. The 13-month, full-time, cohort-based MAGR combines intellectual tools from economics, finance, political science, history, and international relations to create qualified professionals who understand the drivers of instability that characterizes the past decade in world affairs.
The MAGR degree provides students with the skills, concepts, and analytical techniques required to understand and manage global risk factors in public policy and private-sector decision-making. Graduates are currently employed in the private sector in finance, manufacturing, energy, and consulting roles, and working for multilateral and governments.
Campus: Bologna, Italy
Duration: 11 months, Full-time
Course delivery: In-person
The MAGR builds on the school’s strengths in multi-disciplinary analysis by introducing students to a broad array of concepts and tools from finance, social sciences and international relations.
Renowned for their interdisciplinary scholarship and innovative work in the field of risk, Johns Hopkins SAIS faculty teach thematic courses to complement the program's more traditional training in quantitative methods.
|Microeconomic Risk and International Trade|
|Introduction to Statistics|
|Math Review for Risk Assessment|
|Instability and Political Change in Consolidated Democracies|
|Macroeconomic Risk and International Finance|
|Fundamentals of Corporate Finance|
|Risk in Economics and Politics|
|Strategic Foresight for Political Risk Analysis: Working with Scenarios|
|Quantitative Methods for Risk Assessment|
|Focused summer internship or an original 10,000-word research paper|
The program starts with an intensive introduction to fundamental economic concepts and mathematical skills during a four-week summer term.
During the fall semester, students develop their economic understanding and start focusing on political and political-economy risks: they explore the methodological problems associated with the analysis of risk and uncertainty and the different approaches to managing risk; how established democratic societies can rapidly become politically unstable; and develop quantitative approaches to risk assessment. Students also take a course in corporate finance providing the fundamentals in asset evaluation and investment analysis.
The spring semester provides the opportunity for students to develop the main tools for geo-political risk analysis through scenario planning. Moreover, candidates deepen their study of the principal sources of risk at the national and international levels. Students are also introduced to the main techniques for quantitative risk analysis employed in the financial industry and take two additional elective courses.
Students then begin to work on their capstone project. Students may choose between a 8-12-week, focused summer internship or an original 10,000-word research paper under the supervision of a Johns Hopkins SAIS faculty member. The capstone must be completed during their second summer term.
Students in the MA in Global Risk degree program can select any elective offered at the SAIS Europe campus including the following courses:
|Basic Issues of Sub-Saharan Africa's Political Development||3|
|European Union: Integration and Disintegration||3|
|Foreign Policy Analysis||3|
|Policies and Politics of the American Emergency State||3|
|Economic Survey of Latin America: Global Players or Market Strayers||3|
|Europe and the Middle East||3|
|Financial Derivatives and Risk Management||4|
|Renewable Energy: Markets, Technologies & Projects||3|
|The Twin Pillars of the Gulf: Iran, Saudi Arabia & their Gulf Neighbors||3|
Faculty Research Seminar
MAGR students have access to extracurricular programming, such as the faculty research seminar series, where distinguished guests including scholars, diplomats, central bank governors, and business leaders deliver evening lectures and engage with students in an informal setting.
Global Risk Conference
Each year, the Global Risk Conference brings together experts and prominent speakers in order to support rigorous discussions of the risk factors threatening global stability.