Created in 2000 and the result of close collaboration with businesses, the Specialized Master's® in Risk Management is in line with the philosophy that guided its creation: only a cross-functional, multidisciplinary, and integrated approach to risk, based on solid scientific foundations, can enable us to face current uncertainties and support business development.


Major uncertainties affect all economic sectors, in terms of the environment, society, and governance. As a result, risk and crisis management has become essential in all organizations seeking trained and skilled employees who are ready to face this emerging new world. The Specialized Master's in Risk Management trains these professionals.
Led by teacher-researchers, it draws on both the latest scientific findings in the field and the best professional practices of some forty contributors working in industry, banking, insurance, and consulting.
100% of its graduates are employed within six months of completing their training.
PROGRAM
Content
The training program is structured into five skill sets, which are taught from early October to late March:
- BLOCK 1 - Designing a comprehensive risk management policy consistent with the organization's strategy and activities
- BLOCK 2 - Managing the organization's operational risks (industrial, professional, and environmental)
- BLOCK 3 - Overseeing financial assessment and financial and insurance coverage of the organization's risks
- BLOCK 4 - Leading crisis management and business continuity management for the organization
- BLOCK 5 - Leading the rollout of a global risk management strategy
After each module, a roundtable discussion between practitioners and faculty members is organized on a specific topic. A field trip allows students to put what they have learned into perspective with the realities of the business world.
Trainees participate in the annual conference ofAMRAE (Association of Risk and Insurance Managers in Business). A week-long seminar in various companies is organized abroad.
CALENDAR
- Duration: 420 hours of training
- Teaching period: October/May – alternating between two weeks at school and two weeks in a company
- Professional period: June/September – full-time in a company
ASSESSMENT METHODS
The assessment is based on the risk manager competency framework defined in the National Directory of Professional Certifications. It is based in particular on the following exercises:
- Group projects
- Professional scenarios
- Written and oral summary exercises
- Case study
- Meeting facilitation
- Thematic summary note in English on the seminar abroad
- Professional thesis
Graduation rate: 87%
KEY FEATURES
- Training recognized by companies
- A comprehensive approach to risk that is unique in France
- 75% of professional speakers
- A week-long seminar abroad
- Supported by cutting-edge research in risk management
- 1st in Eduniversal 2025 Ranking of the best Masters, MS & MBA programs in global risk management
- 8.4/10 - Reviews of Specialized Master's Degree in Risk Management (MGR)
- A training course registered with the National Directory of Professional Certifications (RNCP38925)
OUTLETS
Professions
- Companies: Consulting firms, industrial companies, banking and insurance sector.
- Functions: Risk manager, ERM consultant, Operational safety engineer, Risk management manager, HSE manager, Insurance underwriter, Operational risk officer, etc.
100% of graduates find employment within six months of completing their training. One-third of them work in industry, one-third in banking, finance, or insurance, and one-third in consulting.
Industrial partners
Aon, Groupe Bel, CEA, Crédit Agricole, Crisotech, Diot-Siaci, EDF, Electra, EY, Fresenius Medical Care, Hannover Re, HDI Global SE, INRS, IRSN, Kyu, onepoint, RATP Group, SCOR, Sonepar, Veepee.com, Verlingue, Verspieren.
Academic partners
Arts et Métiers, Ecole Normale Supérieure de Rennes, The American College of Greece, CNAM, University of Evry, PolyTech'Grenoble, University of Paris Est-Créteil
Employment rate: 100% after 6 months
Skills acquired
- Formalize risk appetite and decision-making in uncertain situations, taking into account associated cognitive biases.
- Identify the organization's risks (financial, industrial, environmental, and professional) and analyze them (risk mapping).
- Design risk management processes with associated indicators
- Propose risk management solutions (technical, organizational, insurance, or financial)
- Managing crises and business continuity
- Implement the risk management system
ADMISSION REQUIREMENTS AND PROCESS
PUBLIC
- Employees
- Students
- Job seekers
PREREQUISITES
- Engineering or university degree (5 years of higher education)
- Bachelor's degree with at least 3 years of professional experience
- Equivalent foreign degree
- Possible exemption
ADMISSION PROCESS
- Recruitment session starting in January 2025
- Online application:Admissions | Arts et métiers artsetmetiers.fr)
- Selection and interviews of candidates starting in February 2025
- Final registration until September 2025
Recruitment panel
- February 10, 2026: selection interview (1st session)
- Deadline for receipt of applications: January 27, 2026
- March 17, 2026: selection interview (2nd session)
- Deadline for receipt of applications: March 3, 2026
- April 20, 2026: selection interview (3rd session)
- Deadline for receipt of applications: April 6, 2026
- May 18, 2026: selection interview (4th session)
- Deadline for receipt of applications: May 4, 2026
- June 15, 2026: selection interview (5th session)
- Deadline for receipt of applications: June 1, 2026
- July 6, 2026: selection interview (6th session)
- Deadline for receipt of applications: June 28, 2026
Teaching methods
The training is work-study (2025-2026 schedule) with an average of two weeks in the company and two weeks on campus until the end of May, followed by a four-month full-time period in the company between June and September. During the course periods, there are also company visits, participation in AMRAE meetings, and a seminar abroad.
Accessibility
This training course may be accessible to people with disabilities. If you are affected, please contact us to see if specific support can be provided.
TRAINING COSTS
- €14,000 not subject to VAT
These fees include classes, written materials, and educational support.
Application fee: €75 - Training may be eligible for funding depending on the trainee's situation and various criteria.
Several solutions are available: Professional training contract, Apprenticeship contract, Transition Pro, CPF, Pôle emploi, etc. To find out what funding you are eligible for and how to access it, please contact us by email at:mgr@ensam.eu
Program language: English & French
ECTS credits: 75
RNCP: 38925
Contacts
- Program Director: Marc Lassagne - Email:mgr@ensam.eu / Tel: +33 (0)1 44 24 63 03
- Address: 151 Boulevard de l'Hôpital, 75013 Paris