Risk management focuses on the process of identifying, assessing and controlling threats to an organization's capital and earnings. These threats can stem from a variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters. A Master’s in Risk Management allows students to develop a thorough understanding of risk and how to position the organization to better leverage and increase supply chain responsiveness and resilience. They also learn how to effectively communicate across boundaries and develop and implement a crisis management communications plan. Finally, they can develop plans to protect reputation, information, financial assets, and personnel. In other words, they can improve decision making at all levels of the organization. Upon graduation, the most common career paths include risk manager and risk analyst roles but there are many others such as risk assessor, risk auditor and risk strategist.
