Why pursue a career in risk management?

Question:

Why pursue a career in risk management?

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Answer:

A career in risk management is an excellent career choice for many reasons. A person with a career in risk management is responsible for the identification, assessment, and reporting associated with potential operational or financial risks in a diverse group of industries, companies, and corporations. For example, a risk manager may be responsible for calculating the risk associated with an amusement ride at a theme park, calculating the risk associated with driverless cars, or determining the risk associated with a business in the vintage wine industry. As such, a career in risk management would be suitable for someone who enjoys making decisions, working in interesting situations, strives to make a difference in someone's life, and who wants to become a leader in their career. Jobs in risk management are abundant and stable, even for people who have just graduated with their bachelor's degree from an accredited college or university. According to the United States Bureau of Labor Statistics, the median salary in 2019 for a Management Analyst was $85,260 per year and this career is projected to experience a 14% in job growth between 2018 and 2028.

For more information about college programs in risk management, check out this article: Risk Management Degree Program Overviews.

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