Risk Management Schools In Massachusetts
Massachusetts has is only one accredited risk management school where risk management faculty who teach risk management classes can find employment. The trends in Massachusetts' risk management academic community can be evaluated by looking at the statistics and graphs below. Academia in risk management includes risk management training at the risk management masters degree level.
Schools
Cities
Statistics
Professional Trends
Massachusetts Vs. National Risk Management Employment
| Massachusetts | 5,680 |
| National | 235,170 |
Of all of the risk management professionals that work in the US, approximately 3% work in Massachusetts state.
Employment Growth for Risk management professionals In Massachusetts
| 6,530 | 6,140 | 6,370 | 6,180 | 5,680 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Massachusetts, the field of risk management is shrinking. There were 850 less risk management professionals working in Massachusetts in 2010, than there were in 2006. So, in four years, the number of risk management professionals has shrunk by 13%. This decline is slower than the change in the number of risk management professionals around the country. Nationally, the number of risk management professionals has grown by 21% from 2006 to 2010.
Risk Management VS. All Professions salaries in Massachusetts
| $76,443 | $81,647 | $84,317 | $85,057 | $83,317 |
| $49,058 | $52,712 | $53,675 | $55,178 | $56,645 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
The salaries paid to risk management professionals are growing in Massachusetts. The mean salary for risk management professionals in 2006 was $76,443 per year. And in 2010 the mean salary was $83,317 per year.
Salary percentiles for Risk management professionals in Massachusetts
10th percentile |
$49,160 |
25th percentile |
$59,463 |
50th percentile |
$78,107 |
75th percentile |
$101,707 |
90th percentile |
$127,207 |
Thus, risk management professionals' salaries grew by 8% in 4 years. State trends for all professions mirror this growth. Within the field of risk management, there is a huge variation in pay, with the highest paid risk management professionals earning 159% more money than those in the bottom 10% of the pay bracket in Massachusetts state.
Average Salaries for Risk management professionals and related professions in Massachusetts
Business Administration |
$102,900 |
Business Management |
$119,986 |
Emergency Management |
$77,580 |
Finance |
$80,209 |
Property Management |
$80,990 |
Risk Management |
$83,317 |
Small Business |
$119,110 |
In Massachusetts, risk management professionals earn, on average, less than professionals in related fields.
Educational Trends
Risk Management programs available for each degree type for all schools in Massachusetts
associate |
0 |
bachelor |
0 |
master |
2 |
doctor |
0 |
Certificate |
0 |
| Total | 2 |
The number of students graduating from the only accredited risk management school in Massachusetts is decreasing. In 2006 there were 104 risk management graduates from risk management courses in Massachusetts and in 2010 there were 49 graduates.
This represents a 53% decrease in the number of risk management degree or certificate school graduates in Massachusetts state. Most of these graduates, or 100%, earned a master's degree in risk management.