Risk Management Career

A career in risk management sounds like a very challenging job. It is indeed challenging but very promising as well.  The responsibility of a risk manager is to supervise and manage programs in that will minimize risk or losses within an organization.  He is tasked to identify and evaluate the risks that may affect business operations and transactions.  It is job to know price changes of goods and changes in currency.  Being updated with the economic changes allows one to apply techniques and strategies that would allow an organization to survive and adjust.  A risk manager must be able to lead, train and motivate his team to achieve risk management goals.

How to become a Risk Manager

Starting a career in risk management requires one to earn a bachelor’s degree in risk management, finance or other related fields. One may continue his studies and pursue a master’s degree in business administration focusing on risk management.  One can also get an internship or work as a loss control representative.  This will allow one to apply what he had learned in the real world or risk control and management.  Gaining much work experience makes one a better candidate for a risk management position.  To become a sought-after risk manager, one must obtain a professional certification.  Continuously educate oneself and update one’s skills to be able to advance n the ever changing world of the financial industry.

Risk Management Courses, training, program

Risk management courses allow one to gain a background in the fundamentals in risk management, risk tools and methods, strategy formulation and execution, risk communication, risk identification and assessment.  On-the-job trainings by employers provide much for an aspiring risk manager.  It allows one to gain more knowledge and skills required in this type of career.

TOP 5 colleges/Universities

University of Pennsylvania, Pennsylvania

The University of Georgia, Georgia

University of Illinois at Urbana, Illinois

University of Wisconsin-Madison, Wisconsin

New York University, New York

Risk Management Jobs, opportunities, salaries/pay

A risk manager may find employment in various private or public organizations.  Through this career one is able to earn from $81,399 to $113,115 per year.

Category: Management Careers

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