Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Degree Overview: Master of Business Administration (MBA) Degree in Risk Management

Majors Overview May 21, 2015

Get information about Master of Business Administration (M.B.A.) degree programs in Risk Management and their education requirements, coursework, career choices, wage outlook, and continuing education choices.

Master of Business Administration (M.B.A.) Programs in Risk Management

Businessmen and women who complete a risk management specialization within the Master of Business Administration (M.B.A.) degree can expect to be adept at managing and reducing organizational liability. Apart from standard business coursework, topic areas such as financial risk and insurance risk management are also covered. Hands-on training opportunities, including field experiences, are included in some programs, in addition to classroom lectures. Students typically complete these programs in two years. Graduates can usually seek opportunities in corporate risk management and insurance brokerage.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree. Although a bachelor’s degree could be in any major, some schools expect candidates to have at least two years of business-related work experience. Students may also need to submit scores from the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE).

Coursework

Coursework is devised to impart advanced business knowledge in management, marketing and finance, as relating to risk financing, employee retention, general liability and insurance. Schools typically expect students to take business courses in managerial accounting, organizational behavior, and resource management. Programs can be for those interested in risk theory and insurance underwriting.

Students learn about the financial impact of group insurance, pensions, and employee benefits, in addition to risk management as applicable to financial derivatives, options strategies, and speculative markets. Participation in a practicum or internship experiences may also be included. Core coursework may cover subject areas such as:

•Financial analysis
•Corporate risk management
•Investments
•Business ethics
•Worker benefits
•Corporate finance
•Supply chain design

Career Choices

Program graduates can seek jobs in the liability departments of various businesses, in addition to consulting firms and insurance firms. As MBA programs feature topics in general business, graduates are trained to seek opportunities in several business-oriented positions such as management, human resources, marketing and finance. They may pursue possible job titles such as:

•Organizational planning director
•Benefits and wage manager
•Labor relations manager
•Risk management consultant
•Inventory administrator

Wage Outlook

In December 2013, risk management consultants brought in an average annual wage of $78,009. Over the same time-period, labor relations managers and inventory managers earned respective average annual wages of $94,244 and $44,550.

Continuing Education Choices

Program graduates may seek continued education to broaden their career options by enrolling in graduate certificate programs whereby their resume will grow, and they can stay informed about current business trends. MBA graduates can avail certificate programs such as specializations in marketing, management, information systems, and finance.

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, 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
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Program areas include Culinary Arts, Culinary Management, and more
  • Students are taught cooking styles from around the globe, including Classical European, Asian, and Latin cuisine
  • Curriculum designed to prepare students for a career as a chef, with course topics that include Culinary Techniques, Management by Menu, and Nutrition
  • Alumni have appeared in reality competition shows such as Top Chef
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Online bachelor's and master's level Business programs are available.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Online Courses
  • Does psychology interest you? See if Grand Canyon University could be a good fit for your journey in discovering the human mind!
  • GCU offers a Bachelor of Science in Psychology and a Master of Science in Psychology with an emphasis in either General Psychology or Industrial & Organizational Psychology.
  • The College of Humanities and Social Sciences at GCU provides a job focused education, blending the study of traditional humanities in a modern context.
  • GCU offers a variety of learning options, including: traditional degree programs offered at our main campus, online degrees, or evening classes meeting once a week at various locations.
  • Founded in 1949, GCU is a regionally accredited, private Christian university and is recognized as offering some of the best online education programs in the nation.
  • Request information and learn more about our program offerings, start dates, financial aid and more!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
ECPI University , Newport News
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
South University , Virginia Beach
  • Program options include Accounting, Business Administration, Leadership, and more.
  • Curriculum focuses on developing leadership, critical thinking, problem-solving, and communication skills.
  • Programmatic accreditation by the Accreditation Council for Business Schools and Programs (ACBSP) at select campuses.
  • Business programs are available at many of the 11 campus locations across the United States.
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Gives students the opportunity to earn their associate’s degree in the culinary arts field in less than 15 months
  • Located in Norfolk and Newport News, Virginia.
  • Offers externship experiences to students for experience in the field.
  • Hosts regular career fairs for employer recruitment.
  • Has student housing available.

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
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses
  • Online bachelor's and master's level Business programs are available.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Online Courses
  • 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

Login to your account

Can't remember your Password ?

Register for this site!