Online MBA Degree in Risk Management
Online MBA in Risk Management
This MBA area of concentration goes well beyond the traditional concept of risk management, which is usually focused on investment and insurance risks that are subject to tangible analysis. Today risk management includes the sophisticated dissection of complicated investment instruments that contain a portfolio of properties, each with its own set of risk elements. Risk management also has to do with business continuity, which involves keeping a business afloat in the midst of financial difficulties. The MBA in Risk Management requires a substantial amount of analytics study which in turn necessitates focusing on the software tools and the data utilized for risk analysis. Often a sophisticated risk analysis requires the virtual construction of business models that can be used to look at the impact of various outcomes.
1. Walden University has a MBA in Risk Management available as a 36 credit hour program, for which the average completion time is 22 months. Courses are taken sequentially in eight week modules. The Risk Management specialization includes MBA core courses in Managing & Leading: A Contemporary Approach, Accounting for Business Management, Business Strategy for Competitive Advantage, Financial Management,. Bringing the degree into focus are the specialization courses in Applications in Corporate Finance, and Innovation & Technology
2. Boston University offers a Masters in Management degree online with specialization in Business Continuity, Security & Risk Management. The Masters in Management has become a mainstream alternative to the MBA grind and a degree in management from a university such as BU will be an embellishment of any resume. The core courses for this degree include introductory subjects such as Quantitative & Qualitative Decision Making, and International Business, Economics & Cultures. The courses focusing on risk management include System-Wide Risk Strategy, Planning & Compliance, Project Risk & Cost Management, and IT Security Policies & Procedures.
3. Colorado Technical University has a Masters in Management that is designed for IT risk management, an important component of corporate security and business continuity. The traditional elements of risk management are incorporated into information assurance today because of the economic exposure associated with violation of IT security. This degree is accredited by the Project Management Institute (PMI) as a solid course of study in the protection of information and the design of security systems for the minimization of risks associated with data theft.
4. Creighton University offers a Masters of Security Analysis & Portfolio Management which is a degree designed for professionals interested in risk management within the investments sector. This is a specialized field of risk management that has become particularly relevant since the massive investment losses suffered by millions of participants in the stock market during 2008 - 2009. Classes for this program include Fixed Income & Derivatives, Quantitative Analysis, International Trade, Alternative Investments and Portfolio Management, Capital Markets, Equity Analysis, and Financial Statement Analysis.
5. Argosy University has a MBA program with specialization in Corporate Compliance that addresses a particular area of risk exposure for businesses. Corporate compliance is an internal as well as external issue; the audits necessary for compliance review are protective of corporate assets as well as informative about internal operations. The core curriculum for this program includes these courses: Financial Management, Management Decision Models, Managerial Applications of Technology, and Perspectives in Change Leadership. Specialization classes include Corporate Compliance, International Regulatory Compliance, and Fraud Examination: Theories & Methods.