Degrees in Risk Management

Risk managers are responsible for assessing and quantifying business risks and then taking measures to reduce or control the risks. Risk management involves covering several different areas in a firm or just concentrating on a single department. Risk managers make use of various financial tools, such as swaps, derivatives, futures and options contracts to attain their objective. People looking to make a career in risk management should be good at math and statistics.
  1. MBA in Insurance and Risk Management

    • The insurance and risk management department at the Wharton School, University of Pennsylvania offers an MBA program with a concentration in insurance and risk management. Some of the topics students are introduced to during the course are public sector risk management, insurance company management, investment policy, marketing, financing, pricing and underwriting. Students graduating from this MBA program are offered jobs by consulting firms, financial institutions, insurance brokerage firms, risk management departments in large corporations, pension fund management firms, commercial and investment banks.

    MS in Risk Management for Executives

    • This master's program for executives in risk management offered by New York University's Leonard N. Stern School of Business is a one-year, part-time program. The degree is offered in partnership with the Amsterdam Institute of Finance. This program is recommended for seasoned executives who want exposure to concepts relating to risk management. The Professional Risk Managers' International Association has extended a provisional accreditation to this master's program which adds more credibility to the program.

    MS in Enterprise Risk Management

    • The master's program in enterprise risk management offered by St. John's University prepares students for a career in risk management. The program recognizes the interdisciplinary nature of business and integrates insurance, finance, accounting and management concepts. This is a one-year program offered full-time at the university's Manhattan campus. Some of the concepts students are introduced to during this program are risk research tools, management of risk, risk foundations, business hazards and management, operations management, corporate financial management and enterprise risk policy.

    MBA in Risk Management

    • This master's program offered by Walden University offers specialization in risk management. The course lasts 22 months and students are taught concepts relating to risk management and corporate finance during the specialization year. This specialization program has a two-course sequence which includes applications in corporate finance and field study. During the field study course, each student is assigned assigned a faculty member from the School of Management to develop a project in the student's chosen area of risk management. This program was devised keeping the American Institute for Chartered Property Casualty Underwriters in mind.

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