Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Degree Overview: Bachelor of Science (B.S.) Degree in Risk Management

Majors Overview May 13, 2014

Individuals or companies employ risk management professionals for the purpose of limiting exposure to and managing the risk of economic downturns. A bachelor’s degree is required for most risk management positions.

Bachelor of Science (B.S.) Degree Programs in Risk Management

Students enrolled in a Risk Management bachelor’s degree program are trained to work with both businesses and individuals; their role is to forecast risk, safeguard against financial loss, and develop plans for handling loss whenever it occurs. The bachelor’s degree program explores risk management theory, in addition to techniques for understanding loss and its effects. Broader studies of business law, global issues, and economic theory are often incorporated in these math-oriented programs. Specialization options are also included in some programs in areas such as life insurance, property risk, and corporate risk management.

Education Requirements

Specific high school coursework is not usually required by schools offering Risk Management programs at the bachelor’s degree level. However, students would benefit from a strong background in math. Admission criteria typically require incoming students to hold a GED certificate or a high school diploma, in addition to submitting SAT or ACT scores.

Coursework

During the risk management program, students complete various theoretical courses covering law, business, insurance, and risk management topics, with internship experience required in some programs. Coursework may commonly include topic areas such as:

•Individual financial planning
•Corporate risk management
•Property and liability insurance
•Principles of risk management
•Legal issues in risk management
•Employee benefits
•Analyzing financial markets

Job and Wage Outlook

In 2010, there were over 527,000 individuals employed as business managers (who, along with finance officers, treasurers, and credit managers, are included among risk managers) across the United States (U.S. Bureau of Labor Statistics). A slower-than-average job growth rate of 9% has been predicted for these experts over the 2010-2020 decade. In May 2012, risk managers and other business managers took home an average annual wage of $109,740.

Continuing Education Choices

Graduates with a bachelor’s degree in risk management may choose from various licensure and certification options that, though not demanded by employers, could boost the employment prospects of these professionals. Among other agencies, the Public Risk Management Association and the American Risk and Insurance Association offer risk management certification. Experts in this field commonly pursue continued education by earning a master’s degree in business administration or risk management, though professional experience is often valued more highly by employers.

Searching Searching ...

Matching School Ads
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses
  • Full Sail's curriculum combines elements of creativity, art, technical prowess, and academic achievement
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Students gain real-world experience by working with industry-standard tools and technologies
  • Online Courses
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Alumni have appeared in reality competition shows such as Top Chef and Project Runway
  • Design, media arts, fashion, and culinary programs available, with over 50 locations nationwide
  • Designated Program Coordinators focus on improving program content and ensure that students have the resources needed to learn
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of tradition and achievement to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • There's still time to apply to Grand Canyon University and pursue your education. Learn more today!
  • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
  • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
  • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
  • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
  • Talk to us today to learn more about financial aid and start dates!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
  • Online Courses
1 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
2 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Does the Human Mind Fascinate You? Study Psychology! Choose Your Degree:
  • Bachelor of Science in Psychology
  • Master of Science in Psychology with an Emphasis in General Psychology
  • Master of Science in Psychology with an Emphasis in Industrial and Organizational Psychology
  • Convenient online program options available for the master's and bachelor's degree.
  • Speak to an enrollment counselor today and find the degree that is right for you!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!