Master’s in Risk Management in the United States
Best Master’s in Risk Management in the United States
It takes approximately four years to complete an undergraduate degree. While this is useful for finding an entry-level career, it is a good idea to consider going on to earn a Master’s degree. More entry-level jobs all around the globe require at least a postgraduate education. A majority of Master’s programs take only one to two years to complete, but they offer advanced skills and knowledge for a specific area of study. If you enjoy business and problem solving, then earning a Master’s in Risk Management in the United States might be a good idea for you. Some of the best universities for this program include
- University of Pennsylvania
- Ball State University
- Concordia University – Ann Arbor
- Pace University
- Kellstadt Graduate School of Business
- Georgia State University
- La Salle University
- Lynn University
- Maryville University of Saint Louis
- Baruch College
- St. John’s University – Manhattan
- Boston University
- University of Michigan
- CUNY Bernard M. Baruch College – Zicklin School of Business
What Is a Master’s in Risk Management?
It takes one to two years to earn a postgraduate degree in risk management, though many lean toward only one year. This area of study focuses on the various liabilities and risks, which may be physical or financial, in any business. It is common for study to focus on aspects such as insurance, which deals directly with risks and liabilities. However, coursework might branch out to other areas of business as well. Common course topics to cover in this degree include
- Contract analysis
- Business Ethics
- Accounting & Finance
- Financial Planning
- Risk Management
Some programs require some sort of Master’s project or thesis before students graduate. Admissions into the program might require prior business experience or at least a Bachelor’s degree in a related discipline. In addition, students might need to set postgraduate examinations including the GMAT or GRE. English is the primary language for universities in the US. International students applying to a postgraduate program need to provide proof of English proficiency with a TOEFL, IELTS, or similar fluency test score.
There are many campus programs for risk management that include internships and even travel to countries outside of the US. However, online programs may also exist for those who cannot attend campus courses for any reason. If earning your degree over the internet sounds appealing, you will want to research the program options available at US universities carefully. Make sure the degree program will meet your ultimate academic and career needs before enrolling.
What Are the Benefits of Getting a Master’s in Risk Management?
Earning your Master’s degree is a smart move in the modern business world. Many entry-level careers in business require at least a postgraduate education. You definitely need a Master’s if you plan on moving up into management. A postgraduate degree helps employers to notice you over applicants who do not have as high of a degree. Master’s degree holders also have a higher potential salary than graduates with only a Bachelor’s degree.
There is practical experience available with earning your Master’s as well. Many US university business faculty members are experts and professionals in business. This means you get to learn directly from people already successful in the field. Universities also tend to help business students find internships and work opportunities after graduation. This will help you to build your business network, which comes in useful when you’re looking for a career.
It is also possible to earn your risk management degree while working full time. If you are already a business professional, getting a risk management degree and certification could qualify you for promotions. Another unique benefit when you study at a US university is that you get to experience the rich and varied culture of the United States.
What Kind of Career Can You Expect With a Master’s in Risk Management?
There are many different careers for which you might qualify with a Master’s in Risk Management. Some career paths might require you to earn additional certification. You will want to select a university program that will help you to accomplish this. Possible career options include but are not limited to
- Product Analyst
- Financial Analyst
- Pension Analyst
- Risk Management Analyst
- Contract Writer
- Sales Representative
There are numerous programs to choose from around the US to earn your Master’s in Risk Management. Start searching for the ideal program to get you on the right career path today.