rni wrote:
moss..i understand that ... that's why my question mentioned 'particularly risk management' ..Now Stern has a program dedicated to risk management ..so it implies that they would have pretty solid curriculum structure for the mba program too.So I was expecting something on these lines
Also I would also want to know a list of safety finance schools..all the schools mentioned here are quite competitive!
Stern is pretty unique in its focus on risk management. Stern happens to have a Nobel Prize winning professor who focuses on that area. His counterpart I believe works at San Diego State, so maybe they have something similar. So while Stern would certainly be a good choice, aside from that unique situation the fact is that most finance curricula are going to be very similar, and few MBA curricula are going to have much focus on risk management. If you're very focused you can usually take extra math classes outside the business school. Some schools, including NYU and Columbia, have finance-related courses in the math department. And no matter where you go you can sit for the FRM.
You may want to consider a Master of Finance degree (or mathematical finance or financial engineering). They place a lot of alumni in risk management and have the added benefit of being one year programs (and therefore half the cost), but they typically have stricter quantitative entrance requirements- in general you have to have at least differential equations on your transcript.
Aside from Stern, some less competitive schools that you will probably want to consider are Fordham and Baruch which have the benefit of being in New York City. In fact, even if you go to Harvard or Wharton, not many risk management jobs are going to be recruited on campus, so these might actually be preferable options for you due to their cost and location. But before you apply I'd suggest strongly considering whether you really need an MBA to achieve your goals or if a masters degree and/or FRM would suffice.