Master of Science in Risk & Insurance

An in-demand master’s degree.

Students in the Master’s in Risk and Insurance program gain the insurance and leadership skills to advance within this growing  industry.

Shape our economic future.

Our two-year, fully online, cohort-based Master’s in Risk and Insurance (MSRI) program provides the best of both worlds: specialized courses about property and casualty, employee benefits, and the operation of a captive insurance entity, paired with foundational business courses typically offered in an MBA program.

You’ll learn from experienced and accessible faculty who bring years of real-world success to the table. Butler students graduate well prepared to succeed—and quickly advance—in the expanding risk management and insurance industry.

Insurance + MBA Courses

The MSRI curriculum includes foundational risk and insurance courses in the areas of property and casualty as well as employee benefits, plus a series of MBA courses. In addition to online courses, the program includes two required in-residence experiences that occur at the beginning and end of the program.

Join a nationally ranked program

U.S. News & World Report ranked the Master’s in Risk and Insurance No. 33 in the nation for online business programs. The rankings compared non-MBA online master’s programs from 211 colleges and universities.

Dugan Hall interior

Applying to the MSRI Program

2023 Application Now Open

The priority application deadline to join the 2023 cohort is February 1, 2023.

“I want to be the best risk manager I can be.”

“The greatest benefit of the Butler MSRI program was helping me realize what I wanted out of a career in risk management. The program gave me the tools I needed to approach risk management and insurance differently and challenge myself to tackle tough issues head on.”


Cameron Alford, MSRI, ARM
Assistant Risk Manager | Risk & Insurance Management


Cameron Alford