Online MBA in Risk Management

Online Risk Management MBA programs teach students not only to be effective and efficient managers, but also all about insurance theory and practice.

What is an Online MBA in Risk Management Program?

An online MBA in Risk Management is a degree program that gives its students ample amount of practice before heading into the field. It teaches its students legal, actuarial, financial, and economic principles that are intertwined throughout the corporate aspect of insurance and risk management.

Is an Online MBA in Risk Management Program right for me?

An online MBA in Risk Management is right for you if you enjoy being behind the scenes and don’t like a lot of attention, are interested in the ins and outs of the company you chose to work for and like to see things grow as a result of your work. Those who pursue an online MBA in Risk Management are also extremely organized, have supreme quantitative and analytical skills, able to think quickly, communicate well, have great leadership skills, and have an understanding for dealing with different types of people.

How long does it take to obtain an Online MBA in Risk Management Degree?

For full-time students this program is a simple two-year degree. However, if students chose to attend only part-time or half-time it could take up to four years to complete. Some universities do offer the option of an accelerated program that can be completed in just 18 months.

What are the admission requirements for Online MBA in Risk Management Programs?

Most online MBA programs would like their students to have at least 3-5 years of work experience under their belt before pursing an online MBA in Risk Management. Students also have to have an undergraduate degree from an accredited university, a high GPA of at least 3.0 and a good GMAT score (over 500). Depending on the program, universities may ask for a few letters of recommendation and/or a personal interview.

What skills will I learn in an Online MBA in Risk Management Program?

Students who pursue an online MBA in Risk Management will develop strong analytical, leadership, effective communication, organization, and critical thinking skills. Along with skills such as understanding the legal, actuarial, financial, and economic principles that are intertwined throughout the corporate aspect of insurance and risk management.

What courses will I take in an Online MBA in Risk Management Program?

The online MBA in Risk Management wants its students to be well-rounded and well-versed in all aspects of business, therefore some basic business administration courses will be required. After the first year in the program students will start taking more and more career-specific courses, some of those courses include:

  • Risk Management
  • Risk and Crisis Management
  • Markets for Pure Risks
  • Employee Benefit Plan Design and Financing
  • Business Insurance and Estate Planning
  • Managing Pure Risks: Operations and Markets
  • Fundamentals of Actuarial Science
  • Applied Statistical Methods of Actuaries
  • Actuarial Statistics
  • Financial Strategies and Analysis: Insurance

What types of jobs are available after obtaining an Online MBA in Risk Management Degree?

There is an abundance of jobs available to those with an online MBA in Risk Management because every company that offers insurance to its employees is going to need a team of people to explain, create, and enforce benefits. Some positions include: consulting, risk management, employee benefit management, insurance company management, and personal financial planning.

What are the career and job opportunities for those with an online MBA in Risk Management Degree?

The gradual increase of companies that provide personal financial planning creates a need for those with an online MBA in Risk Management. Graduates of this degree program get paid an average of $103,000 annually.

Comments

One Response to “Online MBA in Risk Management”
  1. RUBEN DARIO MAFFIOLD DAGER says:

    Hi Iwant to get information about Online MBA in Risk Management, where, when and how much coud be the cost for one of this courses.

    Thanks in advance

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