Risk Management

Information on the Risk Management Major offered by the Penn State Smeal College of Business.

Organizations face a wide array of risks in today's rapidly changing and complex business environment. Operations can be disrupted by a variety of unanticipated factors, ranging from external forces like natural disasters and political risks to internal factors like faulty product design and flawed financial systems. CEOs make risky strategic decisions in an increasingly competitive marketplace where the cost of missteps is high. In recent years, firms have encountered new risks in the form of terrorism, global litigation, and the growing costs of human resources.

Careers in Risk Management

Corporations and nonprofits have turned to enterprise risk management in an effort to protect themselves from the adverse consequences of all of the above risks. Risk analysis touches a wide range of systems including management and control risk and legal, political, economic, and property risk assessment. This rigorous program of study is designed to prepare students for careers in risk management, financial services (including risk management and real estate), and government agencies that demand quantitative and qualitative skills needed to meet modern risk assessment requirements.

Risk Management Degree Requirements and Sample Schedules

You can find more information on the Risk Management major on the Risk Management Department's website.