MSRI Overview
Now more than ever, companies are realizing the importance of risk management. And because the formal study of insurance is underdeveloped, professionals are having to “learn on the job” from senior-level management. Graduates of our online master’s degree in Risk and Insurance are highly desirable job candidates with the functional expertise to assess, minimize, and mitigate risk, plus the broad-based business skills to add value to any corporate team.
Develop Key Skills
The online Butler Master of Science in Risk and Insurance (MSRI) program will prepare graduates to:
- Apply specialized topics exclusive to risk and insurance to business risk situations, including property and casualty, health and life insurance, and insurance-linked securities.
- Assess risk and formulate appropriate approaches to minimize and mitigate the potential cost of risk.
- Use current and emerging tools to analyze and recommend alternative risk financing methods.
- Develop risk management and insurance solutions using advanced data analytics methods and communication strategies.
- Demonstrate managerial capabilities by applying financial management, team management, and leadership skills.
- Apply professional and ethical decision-making standards.
As a graduate of Butler’s MSRI program, you’ll be able to enter or accelerate your career with insurance carriers and brokers, and have access to some of the best jobs available for corporate risk managers.
AACSB Accredited
The Butler MSRI is accredited by AACSB, the highest standard of achievement for business schools worldwide. Less than five percent of business schools have earned this prestigious accreditation. To earn AACSB accreditation, schools go through a rigorous internal assessment and peer review process by a team of education experts.
Risk Management defines a clear approach to identifying and minimizing risks. Risk Insurance is a subdivision of Risk Management and is designed as a solution for when highly unlikely risks occur.
The risk management and insurance master’s program provides students with a fundamental understanding of the effect of risks on individuals and organizations. It also equips them to properly evaluate these risks and devise a plan for addressing risks with the tools available to the modern risk manager.
Risk Management and Insurance prepares graduates to advance their careers in insurance, employee benefits, and corporate risk management. These jobs include but are not limited to: Risk Analyst, Insurance Analyst, Loss Control Representative, Business Risk Manager, and Risk Management Consultant.
Salary for Risk Management ranges from $77,157 and $102,517 annually. This varies depending on the job responsibilities, location, and company.