The degree program prepares students to advance careers in management while succeeding in the modern business sector.

Degree Benefits:

  • Financial Managers generate an average annual income of $134,180*
  • Job growth rate of 17% for Financial Managers*

Career Options Include:

  • Underwriter
  • Insurance Broker
  • Financial Analyst
  • Account Manager

*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Financial Managers, on the Internet at https://www.bls.gov/ooh/management/financial-managers.htm (visited March 24, 2022).

Find an online bachelor's or master's degree:

FREQUENTLY ASKED QUESTIONS

First, you’re going to have to take a set number of credits at minimum each quarter or semester. If you have chosen a major in Risk Management and Insurance without any concentrations, you’ll likely be able to complete your courses and earn your degree sooner.


Even better, one university will allow you to earn academic credit for several forms of applied education and real-world experience including job-related courses and military training.


This university requires it’s Risk Management and Insurance majors to earn at least 120 semester hours for a Risk Management and Insurance Bachelors. For those students who want to earn a B.S. in Risk Management and Insurance, they will need to take at least 120 semester hours to graduate. If you take at least 12 credit hours per semester, you’ll earn your degree in five years; if you take 15 credit hours per semester, you’ll graduate in closer to four years.

Before choosing a major there are some important facts you should know about.


Before you enroll in a college, make sure that they have the major you are considering. For Risk Management and Insurance Bachelors, many universities have whole departments devoted to the subject. If that is the case, then make sure they have the specific branch of Risk Management and Insurance that interests you. If you are starting out at a community college, they may not have a specific degree for Risk Management and Insurance, but they may offer the right math and science courses you will need as prerequisites. Investigate how well your community college work will synch with your later work in a university before registering.


This is a very important question to ask yourself. Your major should play a big part in the schools you are considering. Not every college may offer the major of your choice, so doing your homework is the first step of the selection process.

A Risk Management and Insurance Bachelor’s degree will certainly require to consist of some really particular training courses. Generally, a bachelor's degree in Risk Management and Insurance looks like an associate level doubled, but associates courses (the first two years) focus more on general studies. While the 3rd-5th years focus more on specific studies related to Risk Management & Insurance. Below is a sample of online bachelor's degree courses so you can see the kind of curriculum that will be typically found. Universities will differ in their specific studies needs. Compare colleges very carefully on the courses they will require you to take to gain your bachelor's degree in Risk Management & Insurance. Sample courses you may need:

  • Financial Accounting
  • Managerial Accounting
  • Business Law
  • Introduction to Microeconomics
  • Principles of Finance
  • Principles of Management
  • Marketing
  • Project and Team Management
  • Principles of Risk Management & Insurance
  • Commercial Lines Property & Casualty Insurance
  • Life & Health Insurance
  • Insurance Company Operations
  • Risk Management & Insurance Capstone

Only 41% of students actually manage to finish their Risk Management & Insurance degree on time. There are a variety of factors that could potentially play a part in unexpectedly extending your college career, such as:


Work. Working over 25 hours per week can get in the way of academics.


Credit Hours. Most colleges will define a full course load as 12 credit hours per semester. If you do the math, you will see that you actually need to take 15 credit hours per semester in order to graduate on time.


Transferring. Many students end up transferring during their college career. Many times, there are hiccups with transferring credits. This can put you behind, or even cause you to end up losing your credits altogether.


Be aware of these common mistakes, so that you don't make them yourself.

Accreditation is a very important facet of your career since, if the college you attend is accredited by a reputable association, the Risk Management & Insurance degree you earn from that college will have more value and some employers include this information when evaluating you for employment.


The reason why accreditation is so important is that, without it, it’s hard to determine what kind of standards the training programs hold and if they are up to date with technology and innovation.


A college gets accredited voluntarily by an association of their choice. The association will interview and inspect the college thoroughly to see if they meet their standards of everything from cleanliness to academics and, if the college passes the inspection, the association puts their stamp on them as an assurance that they meet all their requirements.


Employers today want only the best of the best working for them. Some businesses are even willing to pay for the education of potential candidates. So, when it comes to degrees, most employers look at the accreditor of the school you earned your degree from, since this says a lot about the kind of education you acquired. If an employer is willing to go so far as to pay for a student’s education, imagine what kind of salary they will offer to those holding a degree from a highly reputable association.

Depending on your school and if you are paying in-state or out-of-state tuition, a Risk Management & Insurance bachelor's degree can cost as little as $30,000 or as much as $300,000. The key difference in the price will depend on whether you attend a public, in-state school or a private school. Note that if you attend a public school in another state that you will probably pay twice (or more) of the base tuition. Private schools can be more or less expensive depending on the prestige of the school for Risk Management & Insurance or if they are charging additional fees for out-of-state students to attend the college.

You can’t afford to take time to redraft your resume, write attention-grabbing cover letters, schedule job interviews, practice your interview skills, or parry salary offers. Not when you’re student-teaching and getting ready to graduate.


That is why most universities and colleges have offices where career and placement service professionals can help you with all of the above. If your resume needs to be updated or even totally rewritten, they will help you. If you need to brush up on your interview skills, they can assist you.


Some campuses even hold professional development workshops. These may include networking skills, resume writing, and interviewing skills.