Companies that conduct effective risk management can avoid the pitfalls of making bad investment decisions. In many cases, a bad investment decision can result in substantial financial loss. Therefore, most companies highly value skilled risk management specialists. You can learn the skills required to be risk manager by earning a MBA in risk management.
According to the Bureau of Labor Statistics, most companies that hire risk managers prefer candidates with MBAs or master’s degrees in related fields.
Those currently with full-time jobs can earn a MBA in risk management without attending classes on a campus by enrolling in an online program. Students enrolled in MBA programs in risk management will be required to complete courses in environmental and property risk, liability issues in the workplace, and insurance.
Earning a MBA in risk management usually pays off since risk managers are in high demand in the insurance, financial planning, and brokerage industries. During 2008, the average salary for financial managers was more than $85,000 a year.
Explore graduate degrees in Risk Managment
Southern New Hampshire University
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