Best institutions to study Financial Risk Management
A program that focuses on the strategies used to define and manage acceptable financial risk for companies.
2 U.S. institutions graduated 6 Financial Risk Management students in 2024–25 (IPEDS). It is CIP 52.0810, a specialization of Finance and Financial Management Services (CIP 52.08), and leads most directly to the Financial Managers occupation (BLS SOC 11-3031).
About Financial Risk Management programs
A program that focuses on the strategies used to define and manage acceptable financial risk for companies. Includes instruction in banking and bank regulations, derivative securities, interest rate and credit markets, financial engineering of systematic risk, and equity, bond, futures, and options markets.
Source: National Center for Education Statistics, Classification of Instructional Programs (CIP 2020).
The Financial Risk Management program focuses on strategies to define and manage acceptable financial risk for companies. This program is ideal for students interested in understanding banking regulations, derivative securities, and various financial markets, preparing them for a dynamic career in finance and management services.
Students in this program will gain essential skills in reading comprehension, critical thinking, and mathematics. Coursework typically covers customer service, economics, and administration, equipping graduates with the knowledge needed to excel in financial risk management roles.
Credentials awarded
What Financial Risk Management graduates earned in 2024–25, by award level (IPEDS completions).
- Bachelor's degree5 graduates / yr · 1 institution83%
- Award of at least 1 but less than 2 academic years1 graduates / yr · 1 institution17%
Graduates over time
Financial Risk Management completions reported to IPEDS each year, all award levels combined.
| Year | Graduates |
|---|---|
| 2020 | 1 |
| 2021 | 1 |
| 2022 | 0 |
| 2023 | 2 |
| 2024 | 2 |
| 2025 | 6 |
CIP 52.0810 was introduced in CIP 2020, so the series starts when institutions began reporting under the new code.
Top 2 institutions for Financial 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 | Grand Canyon University Phoenix, AZPrivate not-for-profitBachelor's | 5 | 43% | $21,535 | $53,853 |
| 2 | Centenary University Hackettstown, NJPrivate not-for-profitAward of at least 1 but less than 2 academic years | 1 | 56% | $17,490 | — |
* Median earnings 1 year after graduation for the broader Finance and Financial Management Services field (CIP 52.08) at these institutions; College Scorecard does not publish earnings at the 6-digit level.
Offered in 2 states
Where Financial Risk Management graduates come from. Each state links to all Finance and Financial Management Services programs offered there.
| State | Institutions | Graduates / yr | Top institution by graduates |
|---|---|---|---|
| Arizona | 1 | 5 | Grand Canyon University5 / yr |
| New Jersey | 1 | 1 | Centenary University1 / yr |
Careers & outlook
The payoff after graduation: occupation 11-3031, Financial Managers, and its national outlook.
Graduates of the Financial Risk Management program can pursue careers as Financial Managers, with a strong job outlook projected at 14.8% growth and approximately 74,600 annual openings. The median wage for this occupation is $161,700, typically requiring a Bachelor's degree.
Top-paying metros
Career pathways for CIP 52.0810
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 |
|---|---|---|---|---|
Financial Managersprimary SOC 11-3031 | $166,570 | +14.8% Much faster than average | ~74,600 | Bachelor's degree |
General and Operations Managers SOC 11-1021 | $105,770 | +4.4% About as fast as average | ~308,700 | Bachelor's degree |
Financial and Investment Analysts SOC 13-2051 | $102,740 | +5.7% Faster than average | ~25,100 | Bachelor's degree |
Insurance Underwriters SOC 13-2053 | $81,370 | -2.6% Decline | ~8,200 | Bachelor's degree |
Business Teachers, Postsecondary SOC 25-1011 | $99,080 | +5.7% Faster than average | ~8,100 | Doctoral or professional degree |
Financial Risk Specialists SOC 13-2054 | $117,330 | +6.5% Faster than average | ~4,800 | Bachelor's degree |
Credit Analysts SOC 13-2041 | $83,510 | -4.4% Decline | ~3,700 | 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 Financial 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
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Oversee the flow of cash or financial instruments.
- Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- Recruit staff members.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
Tools and technology used
Other Finance and Financial Management Services specializations
The 8 other 6-digit CIP codes under Finance and Financial Management Services (CIP 52.08).
- FinanceCIP 52.080149,441 graduates / yr753 institutions
- Financial Planning and ServicesCIP 52.08044,744 graduates / yr94 institutions
- Banking and Financial Support ServicesCIP 52.08031,011 graduates / yr76 institutions
- Investments and SecuritiesCIP 52.0807348 graduates / yr24 institutions
- Finance and Financial Management ServicesCIP 52.0899273 graduates / yr36 institutions
- Public FinanceCIP 52.0808partial data36 graduates / yr4 institutions
- International FinanceCIP 52.0806partial data34 graduates / yr3 institutions
- Credit ManagementCIP 52.0809partial data6 graduates / yr3 institutions
See all Finance and Financial Management Services programs →
Common questions
What degree do I earn from this program?+
You can earn a Bachelor's degree or an Award of at least 1 but less than 2 academic years.
What skills will I develop?+
You will develop skills in critical thinking, active listening, and mathematics.
What careers can I pursue after graduation?+
You can work as a Financial Manager, General and Operations Manager, or Financial Analyst, among other roles.
What is the job outlook for Financial Managers?+
The job outlook for Financial Managers is much faster than average, with a growth rate of 14.8%.
What is the CIP code for Financial Risk Management?+
Financial Risk Management is CIP 52.0810 in the NCES Classification of Instructional Programs (CIP 2020), a 6-digit specialization within Finance and Financial Management Services (CIP 52.08). NCES defines it as: A program that focuses on the strategies used to define and manage acceptable financial risk for companies. Includes instruction in banking and bank regulations, derivative securities, interest rate and credit markets, financial engineering of systematic risk, and equity, bond, futures, and options markets.
How many institutions offer Financial Risk Management programs?+
2 U.S. institutions reported Financial Risk Management graduates in IPEDS 2024–25, across 2 states, awarding 6 credentials in the year. That is 0.0% of all Finance and Financial Management Services graduates.
How much do Financial Risk Management graduates earn?+
Earnings are not published at the 6-digit CIP level by any federal source. The Financial Managers occupation, which Financial Risk Management most directly leads to, pays a median of $166,570 a year nationally (BLS OEWS May 2025), and graduates of the broader Finance and Financial Management Services field report median earnings of $53,853 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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