College Offers Risk Management MBA

By Oshins, Alice H. | Risk Management, April 1990 | Go to article overview

College Offers Risk Management MBA


Oshins, Alice H., Risk Management


by Alice H. Oshins Students and professionals working toward a master's degree in business administration at The College of Insurance can choose a new program of specialization-risk management. Where once the college offered an MBA with a concentration in insurance, finance and actuarial science, now risk management has been added to the list of degrees. According to Ellen Thrower, president of The College of Insurance, the MBA in risk management is designed to meet the needs of full-time students and professionals already working in the field. "Our mission is broader than it was in the past," Ms. Thrower says. "We are incorporating risk management because of the increasing importance of risk management."

Ms. Thrower says the program was created out of a need that was voiced by industry professionals and students with an interest in the field. Mostly, she says, the program reflects the importance of risk management to any company or industry. "As an institute of higher learning," she says, "we want to be involved in that growth."

The MBA with a concentration in risk management requires 16 courses totaling 48 credits. Students are required- to complete courses providing a foundation in business, a major area in risk management, elective courses in international business, insurance, business ethics and law, and a capstone course in business policy issues. Students will also be required to complete the Associate in Risk Management (ARM) designation.

The degree can be completed in the traditional format, whereby all courses are taken at The College of Insurance in New York. It is also offered in what the college calls a nontraditional approach designed for working professionals and students who do not live close enough to the college to complete all their course work there. …

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