Risk Management Schools In Minnesota
There are 5 accredited risk management schools in Minnesota for faculty who teach risk management classes to choose from. The following statistics and charts help analyze the current state of the risk management academic community in Minnesota, and the future trends in risk management training at the following levels:
- Risk Management Certificate
- Bachelors degree in Risk Management
- Masters degree in Risk Management
Schools
Cities
Statistics
Professional Trends
Minnesota Vs. National Risk Management Employment
| Minnesota | 6,760 |
| National | 235,170 |
Of all of the risk management professionals that work in the US, approximately 3% work in Minnesota state.
Employment Growth for Risk management professionals In Minnesota
| 5,730 | 5,620 | 6,220 | 6,740 | 6,760 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Risk Management is a growing field in Minnesota. There were 1,030 more risk management professionals working in Minnesota in 2010, than there were in 2006. Thus, in Minnesota, this field has grown by 18% in four years. This growth is slower 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 Minnesota
| $74,037 | $75,933 | $78,363 | $75,247 | $80,853 |
| $45,649 | $48,094 | $49,813 | $50,330 | $51,158 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
As the number of risk management professionals is growing, the salaries paid to risk management professionals are increasing in Minnesota. Risk management professionals earned a yearly mean salary of $74,037 in 2006. They earned a yearly mean salary of $80,853 in 2010.
Salary percentiles for Risk management professionals in Minnesota
10th percentile |
$47,613 |
25th percentile |
$55,320 |
50th percentile |
$70,853 |
75th percentile |
$96,733 |
90th percentile |
$122,613 |
Thus, there was a 8% growth in risk management professionals' salaries. State trends for all professions mirror this growth. There is a 158% pay differential between the highest paid risk management professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of risk management in Minnesota.
Average Salaries for Risk management professionals and related professions in Minnesota
Business Administration |
$89,057 |
Business Management |
$97,543 |
Emergency Management |
$58,310 |
Finance |
$70,874 |
Property Management |
$55,890 |
Risk Management |
$80,853 |
Small Business |
$109,320 |
In Minnesota, 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 Minnesota
associate |
0 |
bachelor |
4 |
master |
1 |
doctor |
0 |
Certificate |
1 |
| Total | 6 |
As the number of risk management professionals is increasing in Minnesota state, the number of students graduating from the 5 accredited risk management schools in Minnesota state is decreasing. In 2006 there were 53 risk management graduates from risk management courses in Minnesota and in 2010 there were 44 graduates.
Thus there was a 17% percent decrease in the number of risk management school degree or certificate graduates in Minnesota. Most of these graduates, or 67%, earned a bachelor's degree in risk management.