Overview: Help your company manage risks and avoid financial pitfalls with our online MBA. While suited for anyone within the academic requirements, this concentration is ideal for students with experience in the insurance industry. Our curriculum is focused on ways to best identify, analyze, and manage short- and long-term risks within a large company in order to maximize profit margins. Learn the intricacies of different types of insurance and benefits for employees, as well as legal issues and fraud management techniques that keep corporations efficient. With Concordia University Online, develop high-level corporate leadership skills and gain Christian perspectives that will enrich your everyday life, professionally and personally. At Concordia University Online, you will receive the benefit of worldwide practitioner instructors, individualized programs that start at your convenience, and unique perspectives from a diverse MBA student body, more than 40 percent of which is international. The Concordia University Online School of Business does not require graduate students to take the GMAT or GRE, or write a thesis as part of their admission process. Instead, a Capstone course is required at the end of your program to prove your skill level. Area of Study Business Next Start Date Start Anytime Credits39 Cost/Credit$662 Total Cost$25,818 Also offered at: » Ann Arbor Center » Dearborn Center » Frankenmuth Center I want to thank you for always being so kind during my time at Concordia. You have been amazing and I appreciate your timeliness for all of my ‘urgent’ requests. Thank you! CUW Online ossa Goals / Objectives Understanding of complex labor laws supporting employees and protecting the company Familiarity with common risks, allowing you to implement prevention plans for a host of industry-wide issues Ability to apply loss prevention techniques to businesses 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 and their associated risks, such as stocks, bonds, derivatives, and mutual funds 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 CareerInsurance UnderwritersClaims Adjusters, Appraisers, Examiners, and InvestigatorsFinancial ManagersCompensation, Benefits, and Job Analysis SpecialistsFinancial AnalystsFinancial Analysts and AdvisorsPersonal Financial Advisors Risk Management Choose 15 credits 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. MBA Core Curriculum Managerial Economics (MBA 800) - Credits: 3 Course Description Managerial Economics provides a clear and balanced presentation of relevant economic theories and instruments. The focus of this course will be on the application of these relevant theories and the tools of analysis of decision-making science to examine how a firm makes optimal managerial decisions in the face of the constraints it faces. It will teach students how to deal with the nature of the firm, and how and why it is organized the way it is, in order to make students better, more efficient and more highly rewarded executives. The course should be thought of as applied economics, emphasizing those topics of the greatest interest and importance to managers. These topics include demand, production, cost, pricing, market structure and government regulations. A strong grasp of the principles that govern economic behavior is an important managerial asset. Students will learn how to apply these principles in appropriate situations. Undergraduate economics prerequisite required. Applied Statistical Methods (MBA 815) - Credits: 3 Course Description Applied Statistical Methods studies statistical methods used in business decision-making, including the use of both descriptive and inferential techniques, probability, regression, and research study designs . Application and integration of statistical methods in business-related fields is emphasized along with the use of computer analysis. Undergraduate statistics prerequisite required. Corporate Finance (MBA 830) - Credits: 3 Course Description Corporate Finance studies the function of finance and the flow of funds within the corporation. This course emphasizes financial analysis, decision-making, planning and controlling, capital acquisition and use, and strategic planning. Prerequisite: undergraduate finance or equivalent. Undergraduate finance prerequisite required. Accounting: Financial Analysis for Decision Making (MBA 840) - Credits: 3 Course Description Accounting: Financial Analysis for Decision Making is the study of the interpretation and use of Accounting reports in decision making. Topics covered include financial statements, forecasting of financial performance/budgeting, cost-profit relationships, break-even analysis, and management planning and control. Undergraduate accounting prerequisite required. Business Ethics (MBA 875) - Credits: 3 Course Description Business Ethics studies contemporary business issues facing managers . Emphasis will be on developing theoretical skills for analyzing ethical issues and competing claims, and formulating sound well-grounded policies. Also covered will be development of an understanding of how society develops and changes ethical norms. Leadership and Organizational Behavior (MBA 880) - Credits: 3 No course description at this time. Human Resources Management (MBA 910) - Credits: 3 Course Description Human Resources Management is a study of the management and administrative issues related to group and individual performances and their effective contribution to the organizational objectives . Strategies for successful self-management, team building and delegation will be emphasized. Strategic Management (MBA 890) - Credits: 3 Course Description Capstone: Taken Last. Strategic Management incorporates utilization of a textbook, Capstone Foundation simulation, and other resources such as Internet and workplace materials. Undergraduate marketing prerequisite required. Applying for "Risk Management (MBA Concentration)" at Concordia Online is quick and easy. Apply Online Now!