Insurance & Risk Management Degree and Programs

Are you interested in finance--but not in investment banking? Consider a career in insurance and risk management. Risk management involves analyzing situations, determining possible outcomes, and managing the risk involved to reduce costs and maximize profits. Most people come in with a college degree in business or a related field, but many companies also hire graduates with a general liberal arts background and give them in-depth on the job training.

Your Insurance and Risk Management Career

For long-term advancement, many professionals find that a graduate degree, such as an MBA, is indispensible. As an insurance and risk management specialist, you can pursue a career as an actuary, underwriter, or claims adjuster. According to the Bureau of Labor Statistics, the best areas of insurance to pursue are in the medical and financial services fields, as many other areas have declined due to growth in direct mail, off-shoring, and Internet sales.