Every industry has risks – so every industry needs risk managers. Prepare for this role with one of the best online risk management degrees.
Risk management is an interdisciplinary field. You'll need a strong foundation in accounting, economics, management, business law, and financial analytics.
Experts in risk management are in demand, now more than ever. If you think you have what it takes to thrive in this dynamic field, get started with one of these online bachelor's degrees.
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Explore our featured online programs and find the right match for you today.
What kind of bachelor's degree in risk management should you get?
A traditional college program allows you to personally interact with teachers and mentors on a daily basis. You'll be able to study and learn alongside a community of your peers.
But on-campus programs have their drawbacks, too. For one thing, unless you live within commuting distance of your dream school, you'll either have to relocate or settle for the nearest college that offers your program.
Online degrees are different. You can enroll in many top-ranked online programs from anywhere in the country – without uprooting your life in the process. These programs are flexible enough to accommodate your schedule, even if you have a full-time job or family obligations.
Interested in learning more about distance education? Visit our ranking of the Best Online Colleges.
How much money do people make with a risk management degree?
The U.S. Bureau of Labor Statistics provides some insight into the typical salaries for careers in risk management.
According to 2017 data, the median pay for a personal financial advisor is $90,640 per year. Insurance underwriters have a median pay of $69,760 per year, while financial analysts have a typical annual salary of $84,300.
The job outlook for personal financial advisors is especially strong: The BLS predicts a growth rate of 15 percent in these jobs between 2016 and 2026.
What can you do with a degree in risk management?
A typical risk management bachelor's degree will prepare you to find work as a risk consultant, business analyst, or financial planner.
Several of the programs on our list feature a dual emphasis on risk management and insurance. After earning a degree from one of these programs, you'll also be able to pursue a career as an insurance broker, claims adjuster, or underwriter.
A bachelor's program can pave the way for a more advanced degree in risk management, such as a Master of Science or a Master of Business Administration.
What are the requirements for a degree in risk management?
Risk management is a field that demands an aptitude for critical thinking and excellent communication skills. An undergraduate degree will help you develop these abilities – but if they're strengths of yours already, you'll be ahead of the curve.
Specific admissions requirements range from minimal to highly competitive, depending on the school. At the least, you'll need a high school diploma or GED and consistent, reliable internet access so that you can complete your online coursework.
More selective programs will want to see rigorous high school courses, a strong GPA, and competitive scores on the ACT or SAT.
What are the best online degrees in risk management?
Choosing a college is a huge decision, and it can be a very difficult one. Our goal is to make it a little easier on you.
To do that, we examine a number of factors that we've deemed highly relevant to prospective students. The programs on our list are evaluated for student satisfaction, institutional reputation, academic quality, and student return on investment.
From all of us at College Choice, we wish you the best of luck as you begin the next phase of your academic career!
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