What You Should Know About This Degree
While a bachelor’s degree in risk management focuses on ensuring that students are able to effectively foresee and manage potential risks within the organizations they serve, other degrees, such as a bachelor’s in compliance or auditing, focus on helping students prepare for a career in helping organizations comply with regulations. While these degrees are similar in what they teach, they do prepare students for different types of careers.
When selecting an online bachelor’s in risk management program, it’s vital to check schools’ accreditation status. Programs with proper accreditation offer credits that can more easily be transferred to other programs and schools.
Most commonly, students who graduate from risk management programs take on careers in insurance underwriting. However, a variety of other options may be available to you, including insurance agent, claims adjuster, risk manager, or financial advisor.
If you choose to pursue a career in the insurance industry, additional certifications, such as a broker license, may be required in your state.
Here are some questions to ask when researching online bachelor’s in risk management programs:
- How long does it take to complete this degree online? Most online bachelor’s degree programs require a commitment of about four years to complete your program. That being said, many schools offer risk management programs that allow you to work at your own pace over a longer period, and others may offer fast-track degree programs that take about two years.
- Am I eligible for this program? While some universities will allow you to enroll in their risk management bachelor’s degree programs online without previous experience, most require students to have high math scores on SAT tests.
While researching online degree programs, be sure to keep track of deadlines and application requirements for the programs that interest you.
Additionally, it’s important to consider how you’ll finance your degree. If you need financial aid, make sure to send in applications on time. You might also want to look at available scholarships and grants, but be sure to carefully follow application guidelines when you apply for these, as each has its own requirements.