Find Masters in Risk Management
Master Degree Programs in Risk Management
A Master’s program is designed for students who have completed their undergraduate studies and are prepared to work at the graduate level. These degree programs expose students to professional tools and knowledge while honing their real world capabilities. In most cases, students complete their Master’s program within one to two years (with full time study).
What Is a Master’s Program in Risk Management?
A Master’s program in Risk Management gives students the tools needed to evaluate the financials risks of an enterprise or business project. Students study a balanced mixture of economics, accounting, statistics and business strategy. Some institutions offer the chance to specialise in topics like corporate or start-up risk management. Common coursework includes:
- Financial Analysis and Strategies: Students must have a foundational accounting knowledge for successful risk management. This course shows students the formulas and strategies behind strong financial management.
- International Markets: Especially for students looking for a corporate future, understanding international markets and how they affect local markets is incredibly important. This course focuses on filling that knowledge gap.
- Employee Benefit Plan Design: Students learn how important he employee benefit plan is to minimizing the risk of lawsuits, maintaining positive company culture and sound financial management.
- Crisis Management: All businesses have close calls, so students study real world example of how to effectively navigate a crisis. They learn how to control resources, find funding and stay in the black.
- Business Insurance: Students learn how to control finances and prepare for unexpected obstacles with the proper business insurance coverage.
What Are the Benefits of Getting a Master’s in Risk Management?
After completing their degree, most students qualify for high paying jobs despite their entry-level status. While at school, students enjoy a learning support system composed of professors, peers and mentors. After graduation, these connections form the beginnings of their professional network and may serve to connect them with employers.
What Kind of Career Can You Expect With a Master’s in Risk Management?
When students graduate, they have the preparation and qualifications to successfully apply to and complete Doctorate level programs in their field of study. Graduates wishing to enter directly into the job market frequently find themselves employed as:
- Risk Manager: These professionals can be found in firms specialising in securities, insurance and investments. They generally supervise the operations of specific accounts and advise colleagues as necessary.
- Risk Management Specialist: These individuals are essentially risk managers who have chosen to specialise in a niche like real estate risk management. They may work within an agency, for a business or as a consultant.
- Actuary: These professionals are essentially statisticians with a strong risk management focus. They analyse the current state of businesses to determine or quantify the level of risk. Most work for insurance companies.
Now that you know more about Master degree programs in Risk Management and the resulting career prospects, are you ready to find a program that fits you? As you vet potential programs, look closely at the curricula and specialisations offered. If they match your career goals and individual interests, the program might be a great match.