Risk Management Schools In New Jersey
In New Jersey, there are 2 accredited schools where risk management classes faculty can find employment. The following statistics and charts help analyze the current state of the risk management academic community in New Jersey, and the future trends in risk management training at the risk management masters degree level.
Schools
Cities
Statistics
Professional Trends
New Jersey Vs. National Risk Management Employment
| New Jersey | 11,240 |
| National | 235,170 |
Approximately 6% of the country's risk management professionals work in New Jersey state.
Employment Growth for Risk management professionals In New Jersey
| 7,380 | 8,230 | 9,260 | 10,120 | 11,240 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of risk management professionals is growing in New Jersey. In New Jersey, 3,860 more risk management professionals were working in 2010, than there were in 2006. This represents a 52% growth in the field. This growth is faster 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 New Jersey
| $83,553 | $85,900 | $85,873 | $85,253 | $84,657 |
| $50,031 | $52,191 | $53,328 | $54,026 | $55,877 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Risk Management
- Dark Yellow: All Professions
The amount earned by risk management professionals is increasing in New Jersey. The mean salary for risk management professionals in 2006 was $83,553 per year. And in 2010 the mean salary was $84,657 per year.
Salary percentiles for Risk management professionals in New Jersey
10th percentile |
$51,043 |
25th percentile |
$60,690 |
50th percentile |
$77,877 |
75th percentile |
$101,447 |
90th percentile |
$130,873 |
Thus, risk management professionals' salaries grew by 1% in 4 years. State trends for all professions mirror this growth. In New Jersey state, within the field of risk management, there is a huge variation in pay. The highest paid risk management professionals earn 156% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Risk management professionals and related professions in New Jersey
Business Administration |
$116,543 |
Business Management |
$126,438 |
Emergency Management |
$63,230 |
Finance |
$82,836 |
Property Management |
$70,540 |
Risk Management |
$84,657 |
Small Business |
$162,420 |
Risk management professionals in New Jersey earn, on average, less than their counterparts in related professions.
Educational Trends
Risk Management programs available for each degree type for all schools in New Jersey
associate |
0 |
bachelor |
1 |
master |
1 |
doctor |
0 |
Certificate |
0 |
| Total | 2 |
As the number of risk management professionals is increasing in New Jersey state, the number of students graduating from the 2 accredited risk management schools in New Jersey state is also increasing. In 2006 there were 5 risk management graduates from risk management courses in New Jersey and in 2010 there were 17 graduates.
There was an increase in the number of risk management school degree or certificate graduates in New Jersey by 240%. Most of these graduates, or 50%, earned a bachelor's degree in risk management.