Risk Management

Description of the Risk Management major

Welcome to the Risk Management Major 

Risk Management Video

The Smeal College of Business offers the Risk Management (R M).  The research and disciplinary focus of the Department is on risk assessment, mitigation and management connecting disciplines such as actuarial science, business law, decision analysis, insurance, international business, and real estate. Our expert faculty members enable students to be exposed to a variety of approaches and disciplines as they prepare for careers in many private and public sector fields.

In addition, the Department is also home to the Institute for Real Estate Studies and the Smeal Office of International Programs.  Smeal also offers two of the most popular minors at the University, the International Business (I B) minor and the Legal Environment of Business (LEBUS) Minor.

Bachelor of Science degree in Risk Management (R M)

Risk Management is a rigorous program of study designed to prepare students for positions in production, finance or financial services (including actuarial science, risk management, and real estate), and government agencies that demand quantitative and qualitative skills needed to meet modern risk assessment requirements. Risk analysis touches a wide range of systems including management and control of enterprise risk, legal, political, economic, and property risk assessment.

Risk Management is a senior corporate function designed to increase the value of a firm through the optimal treatment of risk. R M encompasses a variety of risks, including strategic, financial, hazard, and operational risks. Students majoring in R M are prepared to work in corporate risk management departments, risk management consulting, regulatory compliance, and a variety of financial services industries, including insurance, personal credit, and benefits management.