Study risk management abroad

As a risk management student, you’ll learn how to identify, anticipate, and manage the risks faced by businesses and organizations. It’s a cross-curricular subject that draws on theories from economics, business, and insurance.

After developing a thorough understanding of risk management theories and principles, you’ll apply them to real-world scenarios. You’ll then learn how to design and implement effective strategies that can prevent or mitigate losses.

The modern era is full of uncertainty. From the crashing of international markets to the outbreak of a global pandemic, companies across the world must do all they can to protect their assets. Studying abroad will provide you with the personal and professional skills needed to launch a successful career anywhere you choose.

Depending on where you study, a bachelor’s degree in risk management will take three or four years to finish. Most universities encourage students to complete an optional industrial placement between their second and final year of study. Sandwich years are a fantastic opportunity to gain hands-on experience and test-drive potential careers.

Some universities also offer combined honors degrees. Combined honors students split their time between risk management and another related subject. Popular pairings include business, finance, investment, or security.

If you’re eager to advance your understanding in the field, you could pursue a postgraduate qualification. Master’s degrees usually require one year of full-time study, or two years of part-time learning. A research-oriented PhD will add another four or five years to your university experience.

Lectures, seminars, tutorials, and workshops will form the bulk of your timetable. However, some universities arrange guest presentations from industry experts too. Assessment methods are tailored to meet the requirements of each module, but you’ll probably complete exams, written assignments, presentations, and research projects.

Although you can choose elective modules that suit your interests, you must take core units in these following areas too:

• Fundamentals of risk management
• Risk in society and business
• International economic issues and challenges
• Business law
• Risk analysis and control techniques
• Principles of insurance and risk transfer
• Project management and responsible leadership
• Crisis management strategies

As a risk management graduate, you’ll have the expertise needed to steer an array of businesses and organizations towards success.

You could apply your transferable skillset to countless sectors, including banking, healthcare, insurance, and manufacturing. Although your job prospects are endless, here are some of the most popular roles secured by graduates:

• Financial risk manager
• Insurance broker
• Investment analyst
• Accountant
• Investment banker
• Financial advisor
• Accountant
• Stockbroker

If you’d like some extra support with getting onto the career ladder, most universities have an employability office that can help. The advisors provide professional and practical assistance with things like work experience and job applications.