Best institutions to study Risk Management
A program that focuses on the principles of business risk measurement, mitigation, and management.
17 U.S. institutions graduated 236 Risk Management students in 2024–25 (IPEDS). It is CIP 52.0215, a specialization of Business Administration (CIP 52.02), and leads most directly to the General and Operations Managers occupation (BLS SOC 11-1021).
About Risk Management programs
A program that focuses on the principles of business risk measurement, mitigation, and management. Includes instruction in business analytics, foundations of insurance and risk management, investments, life and health insurance, loss prevention, property and liability insurance risk assessment, risk control, risk financing, and security.
Source: National Center for Education Statistics, Classification of Instructional Programs (CIP 2020).
The Risk Management program, part of the Business Administration field, focuses on the principles of business risk measurement, mitigation, and management. This program is designed for students interested in understanding how to assess and control risks in various business environments, making it ideal for those looking to pursue a career in management or finance.
Students will gain knowledge in business analytics, insurance fundamentals, risk assessment, and loss prevention. Core skills developed include critical thinking, effective communication, and financial analysis, preparing graduates for various roles in risk management and business operations.
Credentials awarded
What Risk Management graduates earned in 2024–25, by award level (IPEDS completions).
- Bachelor's degree162 graduates / yr · 6 institutions69%
- Award of at least 12 weeks but less than 1 academic year32 graduates / yr · 7 institutions14%
- Postbaccalaureate certificate25 graduates / yr · 2 institutions11%
- Post-master's certificate10 graduates / yr · 1 institution4.2%
- Master's degree7 graduates / yr · 1 institution3.0%
Graduates over time
Risk Management completions reported to IPEDS each year, all award levels combined.
| Year | Graduates |
|---|---|
| 2020 | 432 |
| 2021 | 396 |
| 2022 | 34 |
| 2023 | 174 |
| 2024 | 174 |
| 2025 | 236 |
CIP 52.0215 was introduced in CIP 2020, so the series starts when institutions began reporting under the new code.
Top 17 institutions for Risk Management, ranked by graduates
Graduates (IPEDS completions), 2024–25. Award levels show which credentials each institution confers in this specialization.
| # | Institution | Graduates / yr | Grad rate | Net price | Field earnings* (1 yr) |
|---|---|---|---|---|---|
| 1 | Temple University Philadelphia, PAPublicBachelor's | 135 | 75% | — | $58,307 |
| 2 | Robert Morris University Moon Township, PAPrivate not-for-profitPost-degree cert. | 20 | 66% | $24,175 | $46,589 |
| 3 | Florida SouthWestern State College Fort Myers, FLPublicAward of at least 12 weeks but less than 1 academic year | 12 | 39% | — | $44,481 |
| 4 | Le Moyne College Syracuse, NYPrivate not-for-profitBachelor's | 12 | 73% | $20,356 | $46,124 |
| 5 | Butler University Indianapolis, INPrivate not-for-profitBachelor's | 11 | 80% | $35,696 | — |
| 6 | Arizona State University Campus Immersion Tempe, AZPublicAward of at least 12 weeks but less than 1 academic year | 10 | 68% | — | $61,117 |
| 7 | University of Iowa Iowa City, IAPublicMaster's | 10 | 75% | — | $46,264 |
| 8 | Seton Hill University Greensburg, PAPrivate not-for-profitMaster's | 7 | 67% | $19,887 | — |
| 9 | St Petersburg College St. Petersburg, FLPublicAward of at least 12 weeks but less than 1 academic year | 5 | 38% | — | $46,632 |
| 10 | Saint Martin's University Lacey, WAPrivate not-for-profitPost-degree cert. | 5 | 52% | $22,131 | $47,962 |
| 11 | Santa Fe College Gainesville, FLPublicAward of at least 12 weeks but less than 1 academic year | 2 | 53% | — | $45,590 |
| 12 | Middle Tennessee State University Murfreesboro, TNPublicBachelor's | 2 | 54% | — | $44,608 |
| 13 | Faulkner University Montgomery, ALPrivate not-for-profitBachelor's | 1 | 37% | $25,801 | $36,990 |
| 14 | Northern Arizona University Flagstaff, AZPublicAward of at least 12 weeks but less than 1 academic year | 1 | 61% | — | $47,884 |
| 15 | Broward College Fort Lauderdale, FLPublicAward of at least 12 weeks but less than 1 academic year | 1 | 39% | — | $48,880 |
| 16 | Saint Johns River State College Palatka, FLPublicAward of at least 12 weeks but less than 1 academic year | 1 | 49% | — | $37,325 |
| 17 | Brenau University Gainesville, GAPrivate not-for-profitBachelor's | 1 | 33% | $21,115 | — |
* Median earnings 1 year after graduation for the broader Business Administration field (CIP 52.02) at these institutions; College Scorecard does not publish earnings at the 6-digit level.
Offered in 10 states
Where Risk Management graduates come from. Each state links to all Business Administration programs offered there.
| State | Institutions | Graduates / yr | Top institution by graduates |
|---|---|---|---|
| Pennsylvania | 3 | 162 | Temple University135 / yr |
| Florida | 5 | 21 | Florida SouthWestern State College12 / yr |
| New York | 1 | 12 | Le Moyne College12 / yr |
| Arizona | 2 | 11 | Arizona State University Campus Immersion10 / yr |
| Indiana | 1 | 11 | Butler University11 / yr |
| Iowa | 1 | 10 | University of Iowa10 / yr |
| Washington | 1 | 5 | Saint Martin's University5 / yr |
| Tennessee | 1 | 2 | Middle Tennessee State University2 / yr |
| Alabama | 1 | 1 | Faulkner University1 / yr |
| Georgia | 1 | 1 | Brenau University1 / yr |
Careers & outlook
The payoff after graduation: occupation 11-1021, General and Operations Managers, and its national outlook.
Graduates of the Risk Management program can pursue careers as General and Operations Managers, Financial Managers, and Insurance Underwriters, among others. The job outlook for related occupations is about as fast as average, with an expected growth rate of 4.4% and an annual opening of approximately 308,700 positions. The median wage in this field is $102,950, typically requiring a Bachelor's degree.
Top-paying metros
Career pathways for CIP 52.0215
The occupations the NCES crosswalk maps this 6-digit code to, with BLS pay and 10-year outlook.
| Occupation | US median pay | Growth | Openings / yr | Typical entry education |
|---|---|---|---|---|
General and Operations Managersprimary SOC 11-1021 | $105,770 | +4.4% About as fast as average | ~308,700 | Bachelor's degree |
Financial Managers SOC 11-3031 | $166,570 | +14.8% Much faster than average | ~74,600 | Bachelor's degree |
Insurance Underwriters SOC 13-2053 | $81,370 | -2.6% Decline | ~8,200 | Bachelor's degree |
Financial Risk Specialists SOC 13-2054 | $117,330 | +6.5% Faster than average | ~4,800 | Bachelor's degree |
Actuaries SOC 15-2011 | $130,000 | +21.8% Much faster than average | ~2,400 | Bachelor's degree |
Job Zone Four: Considerable Preparation Needed
- Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
- Experience
- A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
- Training
- Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Related careers
Skills & knowledge in Risk Management programs
From the U.S. Dept. of Labor for the occupation this specialization most leads to.
Skills you'll build
Knowledge areas
Abilities that matter most
Day-to-day work activities
What graduates do on the job
- Review financial statements, sales or activity reports, or other performance data to measure productivity or goal achievement or to identify areas needing cost reduction or program improvement.
- Direct and coordinate activities of businesses or departments concerned with the production, pricing, sales, or distribution of products.
- Direct administrative activities directly related to making products or providing services.
- Prepare staff work schedules and assign specific duties.
- Direct or coordinate financial or budget activities to fund operations, maximize investments, or increase efficiency.
- Plan or direct activities, such as sales promotions, that require coordination with other department managers.
Tools and technology used
Other Business Administration specializations
The 16 other 6-digit CIP codes under Business Administration (CIP 52.02).
- Business Administration and ManagementCIP 52.0201348,906 graduates / yr2,305 institutions
- Organizational LeadershipCIP 52.021316,743 graduates / yr548 institutions
- Business AdministrationCIP 52.029912,575 graduates / yr296 institutions
- Operations Management and SupervisionCIP 52.020511,666 graduates / yr144 institutions
- Logistics, Materials, and Supply Chain ManagementCIP 52.020311,155 graduates / yr377 institutions
- Project ManagementCIP 52.02116,015 graduates / yr190 institutions
- Office Management and SupervisionCIP 52.02042,955 graduates / yr196 institutions
- Non-Profit/CIP 52.0206
Public/ Organizational Management 2,409 graduates / yr175 institutions - Retail ManagementCIP 52.02121,362 graduates / yr62 institutions
- PurchasingCIP 52.0202800 graduates / yr35 institutions
- Transportation/CIP 52.0209
Mobility Management 502 graduates / yr31 institutions - E-Commerce/CIP 52.0208
Electronic Commerce 414 graduates / yr35 institutions - Science/CIP 52.0216
Technology Management 399 graduates / yr29 institutions - Research and Development ManagementCIP 52.0210318 graduates / yr24 institutions
- Customer Service ManagementCIP 52.0207237 graduates / yr17 institutions
Show 1 more CIP codes with no U.S. programs reported+
- Research Administration52.0214
No institution reported completions for these codes in the latest IPEDS year, so they have no page.
Common questions
What degree do I earn from this program?+
You can earn a Bachelor's degree, a certificate of at least 12 weeks, or a postbaccalaureate certificate.
What skills will I develop?+
You will develop skills in critical thinking, active listening, and financial analysis.
What careers can I pursue with this degree?+
You can work as a General Manager, Financial Manager, or Insurance Underwriter, among other roles.
What is the job outlook for this field?+
The job outlook is about as fast as average, with a growth rate of 4.4% and 308,700 annual openings.
What is the CIP code for Risk Management?+
Risk Management is CIP 52.0215 in the NCES Classification of Instructional Programs (CIP 2020), a 6-digit specialization within Business Administration (CIP 52.02). NCES defines it as: A program that focuses on the principles of business risk measurement, mitigation, and management. Includes instruction in business analytics, foundations of insurance and risk management, investments, life and health insurance, loss prevention, property and liability insurance risk assessment, risk control, risk financing, and security.
How many institutions offer Risk Management programs?+
17 U.S. institutions reported Risk Management graduates in IPEDS 2024–25, across 10 states, awarding 236 credentials in the year. That is 0.1% of all Business Administration graduates.
How much do Risk Management graduates earn?+
Earnings are not published at the 6-digit CIP level by any federal source. The General and Operations Managers occupation, which Risk Management most directly leads to, pays a median of $105,770 a year nationally (BLS OEWS May 2025), and graduates of the broader Business Administration field report median earnings of $46,589 one year after graduation (College Scorecard).
About the data on this page
Every figure comes from an official federal or public source. Here is each one and the release it is currently on.
Program definitions are from the NCES Classification of Instructional Programs (CIP 2020). Skills, knowledge, abilities, work activities, tools, and job zones are from the O*NET database by the U.S. Department of Labor, used under the CC BY 4.0 license.
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