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Peter Arkley Institute for Risk Management

  • Peter Arkley Institute for Risk Management

    Peter Arkley Institute for Risk Management

    The Peter Arkley Institute for Risk Management educates the next generation of risk management leaders for an increasingly complex and interconnected business environment. A curriculum focused on stimulating critical thinking and sharpening analytical skills equips students to meet the risk challenges of tomorrow.

    Born out of a collaboration with the Southern California risk management industry, the Institute emphasizes professional development through internships, mentorships, and networking events.

Real World — Right Now

The Rise of Risk Management

As managing risk has become a core component of business strategy, USC Marshall’s Arkley Institute for Risk Management is introducing a new generation of future business leaders to the field through education, mentorship, and jobs.


  • The Bachelor of Science in Business Administration with an emphasis in Risk Management provides students with an understanding of the processes and tools necessary for effective risk management across a variety of industries, including financial services, technology, real estate, healthcare, pharmaceuticals, entertainment, sports, and insurance, to name a few. The degree signals to potential employers that the graduate has acquired skills that are useful in facing the challenges of an increasingly complex and interconnected business environment.

    Those students declaring a Minor in Risk Management are able to participate in a mentorship program overseen by the Peter Arkley Institute for Risk Management. The mentorship program pairs students with risk management professionals for the academic year.

Fall 2024 Courses

For Fall 2024, all risk management courses will have the RISK course code. Please see Course Catalogue for details.


  • Emerging Leaders Program
    21st Century Leadership

    Emerging Leaders Program

    The Emerging Leaders Program offers undergraduate students the opportunity to experience an academic and professional development program on USC’s campus in Los Angeles, California followed by a paid internship in the risk management industry at various U.S. locations during the summer. Participating employers from the Risk Management Advisory Council are committed to creating a diverse and inclusive workplace culture and believe recruiting talent through the Emerging Leaders Program can contribute to achieving this goal.

    Eighteen students from the University of Southern California, two Historically Black Colleges and Universities, Howard University and Prairie View A&M University, a Hispanic-Serving Institution, University of Texas at El Paso, and the University of the West Indies were the second cohort in this program during the summer of 2023.

    Notice of Nondiscrimination Statement: This program is open to all qualified participants without regard to disability, race, sex, etc. For additional protected characteristics, see USC'S NOTICE OF NONDISCRIMINATION STATEMENT.

"Whether you are working in or studying risk management, just know it will always be relevant and invaluable to whatever you do in life. It will never be antiquated and always be necessary."

Michel Abud '19

Internships and Full-Time Opportunities

The Peter Arkley Institute for Risk Management resulted from a collaboration with local risk management firms to prepare students for a professional career within the risk management industry. Internships strengthen this collaboration and provide students insight to the skills needed to succeed in this field and a step towards full-time positions.

Mentorship Program

The Mentorship Program pairs students (mentees) declaring a Minor in Risk Management or an Emphasis in Risk Management with risk management professionals (mentors) for the academic year.


The level of risk and uncertainty faced by companies over the past few years is unprecedented in the modern era and shows no sign of abating. It is in this unique risk management environment that the Securities and Exchange Commission asked registrants to reconsider their approach to risk factor disclosures in their SEC filings, to enable appropriate and thoughtful analysis by the investment community and other stakeholders. In order to understand the impact of these changes, Deloitte and the Peter Arkley Institute for Risk Management at the USC Marshall School of Business are conducting a series of analyses on the risk factor disclosures filed by the S&P 500 companies.


  • Risk Management Society at USC/Gamma Omicron Chapter

    Risk Management Society at USC/Gamma Omicron Chapter

    USC students established the Risk Management Society at USC during the fall semester 2018. The purpose of this organization is to explore and promote academic and career issues related to the field of risk management, insurance, and actuarial science, and to help those interested in the industry network outside of the classroom and develop professional skills relevant to the industry.

The Importance of Risk Management

To be successful, businesses must be able to manage their risks, that is, identify, analyze, mitigate, and communicate their risks. Risk management enables businesses to protect their balance sheets, income, employees, customers, and society from adverse events, such as natural disasters and product failures.



USC Risk Management Exchange

The USC Risk Management Exchange, issued every two weeks, provides thought leadership from the firms serving on the Advisory Council. Please provide the following information and click submit to be added to the USC Risk Management Exchange: