Online degree programs are available for almost all branches of education now these days and definitely there are many advantages and disadvantages for online programs. Advantages will be that you have no need to attend a regular school, no need to maintain a time, no need to meet a teacher, no need to travel long hours and you can join any institute world over, etc. are some of those benefits.
Risk Management degrees courses are also conducted over online programs. Risk Management is all about assessment of risk involved while conducting your business or doing a work. It is very important to assess the risk before you really face them. Risk assessment and measures to reduce those risks will be the basis for a healthy business such as a financial institution where they have to lend or loan. If those loans are not returned in time or defaulters increased the very existence of the institution will be in danger.
There are degree programs and MBA programs available for this particular discipline. Degree is a minimum requirement asked by many employers. Since it is a field where you have to use your sense to predict the risk involved, a student with quantitative skills will be best suited for such profession. Risk management people very much required in places such as stock trading and people with deep knowledge in trading of securities or working knowledge in trading desk will be advantageous.
There are many universities and other institutions providing online degree programs such as Kaplan University, Phoenix University, Walden University, Colorado Technical University Online, Kaplan University, DeVry University, Ashford University, University of Liverpool, Virginia University, Keiser University, Harisson College, etc are some of those universities and they are offering degree programs like BS in Business Administration – Risk Management, MS in Finance, MBA in Risk Management, Bachelor of Science in Finance, BSBA – Risk Management, MS in Finance – Financial Analysis, Bachelors Business Administration, Bachelors – Technical Management, Master of Science in Corporate Finance, Doctorate of Business Administration, Associates of Business Administration and many more courses. Also, there are a lot of Risk Management Certifications such as – Financial Risk Manager (FRM) and Professional Risk Manager (PRM) – both these courses require 500 to 600 hours of study. Risk and Insurance Management Society Fellow, Certified Risk Manager, etc are some other certifications. Cost for such a program could be $300 to $700 per credit hour.
Salaries with respect to the managerial level people will be more than $100,000 per annum and also there are people drawing more than $150,000 annually.
Since it is a very crucial position in the organization, you will be in an important position which can give you necessary job satisfaction. Also, it can be a demanding role where you have to put in your 100% for the benefit of the organization, compromising your time and effort.