Overview: Calculating risk has become integral to managing profit margins. Our curriculum is focused on equipping you with practical and marketable skills in identifying the risks faced by companies. Graduate-level business courses present the various forms of insurance and benefits for employees, as well as legal issues and fraud management techniques that keep corporations running smoothly. Earn your MBA in Risk Management by adding an additional 24 credits. Within 5 years of beginning the certificate program, students have the option to earn their MBA by applying to the program and completing the 24-credit core requirement. Area of Study Business Next Start Date Start Anytime Credits15 Cost/Credit$662 Total Cost$9,930 “I can use what I learned now, in the career I have!” CUW Online student Goals / Objectives Understanding of complex labor laws supporting employees and protecting the company Familiarity with common risks that allow you to implement prevention plans for a host of industry-wide issues Knowledge of domestic and international industrial safety measures, risk management techniques, and environmental regulations Ability to apply loss prevention techniques to positively impact sales and profits Mastery of the unique accounting systems for insurance, pension, and institutional decisions Understanding of annuities, types of health and life coverages, employee benefits, unemployment, disability, and old-age insurance In-depth knowledge of investments available to businesses, such as stocks, bonds, derivatives, and mutual funds, and their associated risks Understanding of the characteristics of securities and how to evaluate them for risks Career Outlook Insurance Underwriter Claims Investigator Financial Manager Risk Management Consultant Labor Relations Manager Organizational Planning Director Inventory Administrator Benefits and Wage Manager Want to see salary averages for your career? We've compiled national and regional salary information from the government and have paired it up with careers related to our programs. Check it out! NationalAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingGuamPuerto RicoVirgin Islands CareerBuyers and Purchasing AgentsFinancial Analysts and AdvisorsFinancial SpecialistsCompensation and Benefits ManagersInsurance UnderwritersClaims Adjusters, Examiners, and InvestigatorsLabor Relations SpecialistsCompensation, Benefits, and Job Analysis Specialists Risk Management Legal Aspects of Business (MBA 870) - Credits: 3 Course Description Legal Aspects of Business entails the study of the contemporary and legal issues facing managers and the development of practical skills for analyzing decision-making from both the legal and ethical standpoints. Issues will be studied from the position of managerial decision-making with an emphasis on the establishment of sound, well-grounded policies intended to prevent and resolve disputes. Fraud Management (MBA 876) - Credits: 3 Course Description Fraud Management is designed to provide students with a basis understanding of the principles of occupational fraud, emphasizing circumstances with which any management team may ultimately be confronted . The course covers fraud in the areas of skimming, cash larceny, check fraud, register schemes, and misappropriation of cash and assets. A brief overview of corruption and interviewing of employees when a fraud is suspected is also included. Risk Management and Insurance (MBA 922) - Credits: 3 Course Description Risk Management and Insurance is an introduction to the tools of insurance and risk management . Property, life, health, and liability insurance will be discussed. Statutory Accounting (MBA 923) - Credits: 3 Course Description Statutory Accounting deals with the unique accounting system for insurance, pension, and institutional decisions. Health, Life and Social Insurance (MBA 924) - Credits: 3 Course Description Health, Life and Social Insurance investigates annuities, types of health and life coverages, employee benefits, and unemployment, disability, and old-age insurance. Securities Analysis (MBA 925) - Credits: 3 Course Description Securities Analysis is the study of investment choices and the analysis of each for the investment decision . Stocks, bonds, derivatives, and mutual funds are all examined. Understanding the characteristics of securities and how to evaluate them using financial spreadsheets and internet applications toward making a capital decision is emphasized. Applying for "Graduate Certificate in Risk Management" at Concordia Online is quick and easy. Apply Online Now!