Prepare To Identify, Analyze and Manage Risks in Organizations
Grand Canyon University’s Bachelor of Science in Risk Management program can prepare you for a future career working in risk management and insurance. This program was created to help students set themselves up for the opportunity to obtain jobs in risk, insurance, corporate finance and banking. Upon completion of this risk management degree, you may be able to identify, analyze and manage risks within an organization.
Benefits of Pursuing Your Degree in Risk Management From GCU
GCU offers risk management students a comprehensive business education that may be applicable to many industries and careers. Benefits of completing your risk management degree from GCU include:
- Completing a curriculum instilled with a Christian worldview, emphasizing the role of servant leadership in the workplace and conscious capitalism
- Earning your degree while embracing the three guiding pillars established by the Colangelo College of Business; servant leadership, ethics and entrepreneurism
- The option of multiple modality offerings to give you the opportunity to earn your degree in a format that best fits your lifestyle
Risk Management Courses Offered in This Degree Program
In GCU’s Bachelor of Science in Risk Management program, you can learn about the risk management process including identifying and analyzing risk, understanding how risk impacts businesses/individuals and what mitigation techniques such as insurance may be available to protect assets. In addition, you can study organizational and enterprise risk management. Finally, you will be taught about the accounting cycle and the construction of financial statements, examine the market forces of supply and demand under different market structures, discuss the basic functions of the monetary system, analyze the macro economy in terms of long-run economic productivity and growth and in terms of short-run fluctuations, build financial models to help analyze a company and more.
To graduate from this 120-credit program, you must pass risk management courses. Course topics covered in this program include:
- Statistics for business
- Ethical and legal business issues
- Business finance
- Managerial accounting
- Behavior and management in organizations
- Risk management
- Principles of property and casualty insurance
- Principles of life and health insurance
Career Pathways for Risk Management Graduates
After completing GCU’s Bachelor of Science in Risk Management degree program, you will have the opportunity to be well versed in methods of mitigating and managing risk within an organization. BS degree in risk management graduates may go on to become:
- General and operations managers
- Financial managers
- Credit analyst
- Financial and investment analysts
- Insurance underwriters
- Financial risk specialists
Risk Management Degree FAQs
If you’re exploring a possible career in risk management, read through some frequently asked questions to learn more about this career path and earning your bachelor’s degree.
To learn more about enrolling in your risk management degree online or on campus at GCU, fill out the form on this page to get in contact with a university counselor.
1 COVID-19 has adversely affected the global economy and data from 2020 and 2021 may be atypical compared to prior years. The pandemic may impact the predicted future workforce outcomes indicated by the U.S. Bureau of Labor Statistics as well. Accordingly, data shown is effective September 2022, which can be found here: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Business and Financial Occupations, retrieved on June 26, 2023.
2 The earnings referenced were reported by the U.S. Bureau of Labor Statistics (“BLS”), Financial Risk Specialists, as of May 2021, retrieved on June 26, 2023. Due to COVID-19, data from 2020 and 2021 may be atypical compared to prior years. The pandemic may also impact the predicted future workforce outcomes indicated by the BLS. BLS calculates the median using salaries of workers from across the country with varying levels of education and experience and does not reflect the earnings of GCU graduates as financial risk specialists. It does not reflect earnings of workers in one city or region of the country. It also does not reflect a typical entry-level salary. Median income is the statistical midpoint for the range of salaries in a specific occupation. It represents what you would earn if you were paid more money than half the workers in an occupation, and less than half the workers in an occupation. It may give you a basis to estimate what you might earn at some point if you enter this career. You may also wish to compare median salaries if you are considering more than one career path. Grand Canyon University can make no guarantees on individual graduates’ salaries as the employer the graduate chooses to apply to, and accept employment from, determines salary not only based on education, but also individual characteristics and skills and fit to that organization (among other categories) against a pool of candidates.
General Education Requirements
General Education coursework prepares Grand Canyon University graduates to think critically, communicate clearly, live responsibly in a diverse world, and thoughtfully integrate their faith and ethical convictions into all dimensions of life. These competencies, essential to an effective and satisfying life, are outlined in the General Education Learner Outcomes. General Education courses embody the breadth of human understanding and creativity contained in the liberal arts and sciences tradition. Students take an array of foundational knowledge courses that promote expanded knowledge, insight, and the outcomes identified in the University's General Education Competencies. The knowledge and skills students acquire through these courses serve as a foundation for successful careers and lifelong journeys of growing understanding and wisdom.
Upon completion of the Grand Canyon University's University Foundation experience, students will be able to demonstrate competency in the areas of academic skills and self-leadership. They will be able to articulate the range of resources available to assist them, explore career options related to their area of study, and have knowledge of Grand Canyon's community. Students will be able to demonstrate foundational academic success skills, explore GCU resources (CLA, Library, Career Center, ADA office, etc), articulate strategies of self-leadership and management and recognize opportunities to engage in the GCU community.
- UNV-112, Success in Science, Engineering and Technology & Lab: 4
- UNV-103, University Success: 4
- UNV-303, University Success: 4
- UNV-108, University Success in the College of Education: 4
Graduates of Grand Canyon University will be able to construct rhetorically effective communications appropriate to diverse audiences, purposes, and occasions (English composition, communication, critical reading, foreign language, sign language, etc.). Students are required to take 3 credits of English grammar or composition.
- UNV-104, 21st Century Skills: Communication and Information Literacy: 4
- ENG-105, English Composition I: 4
- ENG-106, English Composition II: 4
Graduates of Grand Canyon University will be able to express aspects of Christian heritage and worldview. Students are required to take CWV-101/CWV-301.
- CWV-101, Christian Worldview: 4
- CWV-301, Christian Worldview: 4
Graduates of Grand Canyon University will be able to use various analytic and problem-solving skills to examine, evaluate, and/or challenge ideas and arguments (mathematics, biology, chemistry, physics, geology, astronomy, physical geography, ecology, economics, theology, logic, philosophy, technology, statistics, accounting, etc.). Students are required to take 3 credits of intermediate algebra or higher.
- MAT-154, Applications of College Algebra: 4
- MAT-144, College Mathematics: 4
- PHI-105, 21st Century Skills: Critical Thinking and Problem Solving: 4
- BIO-220, Environmental Science: 4
Graduates of Grand Canyon University will be able to demonstrate awareness and appreciation of and empathy for differences in arts and culture, values, experiences, historical perspectives, and other aspects of life (psychology, sociology, government, Christian studies, Bible, geography, anthropology, economics, political science, child and family studies, law, ethics, cross-cultural studies, history, art, music, dance, theater, applied arts, literature, health, etc.). If the predefined course is a part of the major, students need to take an additional course.
- HIS-144, U.S. History Themes: 4
- PSY-102, General Psychology: 4
- SOC-100, Everyday Sociology: 4
* Please note that this list may contain programs and courses not presently offered, as availability may vary depending on class size, enrollment and other contributing factors. If you are interested in a program or course listed herein please first contact your University Counselor for the most current information regarding availability.
* Please refer to the Academic Catalog for more information. Programs or courses subject to change.