Risk Management Schools In Michigan
In Michigan, there are 6 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 Michigan, which encompasses risk management training at the following levels:
- Risk Management Certificate
- Bachelors degree in Risk Management
Schools
Cities
Statistics
Professional Trends
Michigan Vs. National Risk Management Employment
| Michigan | 11,220 |
| National | 235,170 |
Of all of the risk management professionals in the country, nearly 6% are in the state of Michigan.
Employment Growth for Risk management professionals In Michigan
| 10,340 | 10,870 | 11,000 | 11,420 | 11,220 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Michigan, risk management is a growing field. There were 880 more risk management professionals working in Michigan in 2010, than there were in 2006. Thus, the field of risk management has grown by 9% in Michigan. This is slower than the trend for risk management professionals around the US. Nationally, the number of risk management professionals has grown by 21% between 2006 and 2010.
Risk Management VS. All Professions salaries in Michigan
| $67,390 | $73,630 | $74,603 | $77,453 | $75,860 |
| $45,563 | $47,071 | $48,208 | $48,728 | $49,286 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
The amount earned by risk management professionals is increasing in Michigan. Risk management professionals earned a yearly mean salary of $67,390 in 2006. They earned a yearly mean salary of $75,860 in 2010.
Salary percentiles for Risk management professionals in Michigan
10th percentile |
$46,290 |
25th percentile |
$56,493 |
50th percentile |
$73,237 |
75th percentile |
$91,677 |
90th percentile |
$113,750 |
This represents a growth in salaries of 11%. 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 146% more money than those in the bottom 10% of the pay bracket in Michigan state.
Average Salaries for Risk management professionals and related professions in Michigan
Business Administration |
$86,443 |
Business Management |
$93,703 |
Emergency Management |
$61,110 |
Finance |
$67,721 |
Property Management |
$47,100 |
Risk Management |
$75,860 |
Small Business |
$106,400 |
Risk management professionals in Michigan earn, on average, less than their counterparts in related professions.
Educational Trends
Risk Management programs available for each degree type for all schools in Michigan
associate |
0 |
bachelor |
4 |
master |
0 |
doctor |
0 |
Certificate |
2 |
| Total | 6 |
As the number of risk management professionals is increasing in Michigan state, the number of students graduating from the 6 accredited risk management schools in Michigan state is also increasing. In 2006 there were 23 risk management graduates from risk management courses in Michigan and in 2010 there were 49 graduates.
There was an increase in the number of risk management school degree or certificate graduates in Michigan by 113%. 67% of these graduates received an bachelor's degree in risk management.