Risk Management Schools In Illinois
In Illinois, there are 8 accredited schools where risk management classes faculty can find employment. The graphs, statistics and analysis below outline the current state and the future direction of academia in risk management in the state of Illinois, which encompasses risk management training at the risk management bachelors degree level.
Schools
Cities
Statistics
Professional Trends
Illinois Vs. National Risk Management Employment
| Illinois | 10,230 |
| National | 235,170 |
Approximately 5% of the country's risk management professionals work in Illinois state.
Employment Growth for Risk management professionals In Illinois
| 14,330 | 15,050 | 13,660 | 11,590 | 10,230 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Risk Management is a shrinking field in Illinois. In Illinois, 4,100 less risk management professionals were working in 2010, than there were in 2006. Thus, the field of risk management has shrunk by 29% in Illinois. This decline is faster than the national trend for risk management professionals which shows a 21% increase in the number of risk management professionals working around the nation.
Risk Management VS. All Professions salaries in Illinois
| $76,917 | $78,167 | $80,293 | $79,817 | $80,307 |
| $46,261 | $48,114 | $49,602 | $50,552 | $51,250 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
As the number of risk management professionals is declining, the salaries paid to risk management professionals are increasing in Illinois. In 2006 risk management professionals made a mean salary of $76,917 per year, and in 2010 they made $80,307 per year.
Salary percentiles for Risk management professionals in Illinois
10th percentile |
$45,740 |
25th percentile |
$56,457 |
50th percentile |
$73,697 |
75th percentile |
$98,723 |
90th percentile |
$123,580 |
This represents a 4% growth in salaries. This growth is mirrored by state trends for all professionals. In the state of Illinois, there is a huge variation in pay, within the field of risk management. The pay differential between the highest paid risk management professionals and those in the bottom 10% of the pay bracket is 170%
Average Salaries for Risk management professionals and related professions in Illinois
Business Administration |
$86,937 |
Business Management |
$98,601 |
Emergency Management |
$42,250 |
Finance |
$79,477 |
Property Management |
$59,140 |
Risk Management |
$80,307 |
Small Business |
$112,950 |
Risk management professionals in Illinois earn, on average, less than their counterparts in related professions.
Educational Trends
Risk Management programs available for each degree type for all schools in Illinois
associate |
0 |
bachelor |
9 |
master |
0 |
doctor |
0 |
Certificate |
0 |
| Total | 9 |
The number of students graduating from the 8 accredited risk management schools in Illinois is increasing. In 2006, 114 students graduated from risk management courses in Illinois. And in 2010, 134 students graduated.
This represents a 18% increase in the number of risk management degree or certificate school graduates in Illinois state. A majority of these graduates, or 100%, graduated with a bachelor's degree in risk management.