Risk Management Schools In Indiana
Indiana has 7 accredited risk management schools where risk management faculty who teach risk management classes can find employment. The following statistics and charts help analyze the current state of the risk management academic community in Indiana, and the future trends in risk management training at the following levels:
- Bachelors degree in Risk Management
- Masters degree in Risk Management
Schools
Cities
Statistics
Professional Trends
Indiana Vs. National Risk Management Employment
| Indiana | 3,810 |
| National | 235,170 |
Of all of the risk management professionals that work in the US, approximately 2% work in Indiana state.
Employment Growth for Risk management professionals In Indiana
| 3,110 | 3,060 | 3,410 | 3,710 | 3,810 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Risk Management is a growing field in Indiana. In Indiana, 700 more risk management professionals were working in 2010, than there were in 2006. Thus, the field of risk management has grown by 23% in Indiana. This growth 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 Indiana
| $66,593 | $73,213 | $79,340 | $81,273 | $78,463 |
| $41,263 | $43,445 | $44,845 | $44,830 | $45,974 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
In Indiana, as the number of risk management professionals is growing, the salaries earned by risk management professionals are increasing. The mean salary for risk management professionals in 2006 was $66,593 per year. And in 2010 the mean salary was $78,463 per year.
Salary percentiles for Risk management professionals in Indiana
10th percentile |
$43,790 |
25th percentile |
$56,487 |
50th percentile |
$74,253 |
75th percentile |
$95,647 |
90th percentile |
$117,041 |
Thus, risk management professionals' salaries grew by 15% in 4 years. This growth is mirrored by state trends for all professionals. Within the field of risk management, there is a huge variation in pay, with the highest paid risk management professionals earning 167% more money than those in the bottom 10% of the pay bracket in Indiana state.
Average Salaries for Risk management professionals and related professions in Indiana
Business Administration |
$84,833 |
Business Management |
$97,257 |
Emergency Management |
$42,770 |
Finance |
$69,123 |
Property Management |
$52,130 |
Risk Management |
$78,463 |
Small Business |
$111,030 |
Risk management professionals in Indiana earn, on average, less than their counterparts in related professions.
Educational Trends
Risk Management programs available for each degree type for all schools in Indiana
associate |
0 |
bachelor |
7 |
master |
1 |
doctor |
0 |
Certificate |
0 |
| Total | 8 |
As the number of risk management professionals is increasing in Indiana state, the number of students graduating from the 7 accredited risk management schools in Indiana state is also increasing. In 2006, 40 students graduated from risk management courses in Indiana. And in 2010, 55 students graduated.
Thus there was a 38% percent increase in the number of risk management school degree or certificate graduates in Indiana. A majority of these graduates, or 88%, graduated with a bachelor's degree in risk management.