Emphasis – Risk Management

Managing risk to maximize opportunity

Risk Management

Students will acquire the skills to help organizations manage the risks of an increasingly complex and interconnected business environment

Description

The Risk Management Emphasis 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.

Mentorship Program

A student declaring the Risk Management Emphasis also has the opportunity to participate in the Risk Management Program Mentorship Program and be paired with a mentor from the risk management industry for the academic year.

Requirements

This Emphasis is available only to current Marshall undergraduates who have attained sophomore standing and have completed at least one semester in residence at USC.

Students must complete ACCT 380x (Introduction to Enterprise Risk Management) prior to entering the Emphasis. The Emphasis requires completion of at least 16 units of risk management upper divisional coursework. Additional details are available in the catalogue entry.

Please note that students can only declare one Emphasis.

Apply Here

Emphasis Faculty Advisor

Professor and Risk Management Program Director Kristen Jaconi
Email Address: kjaconi@marshall.usc.edu

Recommended Coursework

Required Course

Electives

Complete at least 12 units of electives.

Complete 4-8 units from the following courses:

Complete additional units from the following courses:

* Prerequisite required that is not part of this major.

FAQs related to the Emphasis in Risk Management

Which course can help students determine if this Emphasis is right for them?

The core risk management course (ACCT 380x: Introduction to Enterprise Risk Management) is  a requirement for entry to the Emphasis as well as the best course that will help students determine if this Emphasis is right for them. We encourage students interested in the Risk Management Emphasis to enroll in ACCT 380x as early as possible. Students learn the basic elements of risk management and its importance to the survival and flourishing of all sorts of organizations from start-ups and non-profits to the largest public companies and governmental agencies.

- Hide
What other resources/experiences can help students determine if this Emphasis is the right fit?

The USC Risk Management Program oversees the Risk Management Emphasis. To learn more about the Program, careers, and professional development activities, students can visit the Risk Management Program website.

The Risk Management Society at USC (RMS) is a student organization whose mission is to promote awareness of the risk management industry among USC students. Please email RMS (rmsusc@gmail.com) if you are interested in speaking with an officer at RMS about the Emphasis and careers in risk management.

Several Marshall alumni have completed the Risk Management Minor (as the Risk Management Emphasis was not available until mid-2021) and are pursuing careers in a variety of fields, including banking, consulting, and insurance. They are happy to speak with students. Please reach out to Professor and Risk Management Program Director Kristen Jaconi at kjaconi@marshall.usc.edu if you would like to speak to recent graduates.

The USC Risk Management Program oversees the Risk Management Emphasis. An Advisory Council of over 60 representatives from the business community supports the Program. Advisory Council members are happy to speak with students about the benefits of pursuing the Risk Management Emphasis. Please reach out to Professor and Risk Management Program Director Kristen Jaconi at kjaconi@marshall.usc.edu if you would like to speak to an Advisory Council member.

In addition, each semester the USC Risk Management Program hosts a networking and recruiting event, Meet the Risk Management Professionals, focused on careers in risk management. Over 40 employers, including banks, consulting firms, and insurance firms, participated in these events during the past academic year.

Recent Risk Management Minor graduates put together a video describing how they benefited from the Risk Management Minor.

- Hide
What qualities/skills are good for students to have when going into this Emphasis?

Students who enjoy solving problems and are intellectually curious and open-minded will thrive in the Risk Management Emphasis.

- Hide
What skills or knowledge will students gain from this Emphasis?

Students will gain critical skills in how to identify, assess, control, finance, and report risk. Students will also begin to perceive the world differently, through a lens of risk, adding a level of sophistication to their understanding of the business environment, its complexity and interconnectedness.

- Hide
For what careers or industries will this Emphasis prepare students?

All careers and industries involve risk management. Many companies have risk managers and risk management departments. The more mature risk management programs tend to be found in highly regulated industries, such as banking, energy, and healthcare. Given the growing complexity and interconnectedness of the global economy, more and more employers are seeking talent with risk management skills. Students who have completed the Risk Management Minor have taken entry-level positions in a variety of industries, including asset management, banking, consulting, and insurance.

In addition, each semester the USC Risk Management Program hosts a networking and recruiting event, Meet the Risk Management Professionals, providing an opportunity for students to explore careers in risk management. Over 40 employers, including banks, consulting firms, and insurance firms, participated in these events during the past academic year.

- Hide
Why would students choose this Emphasis?

A Risk Management Emphasis will stand out on students’ resumes. Not many colleges and universities offer an Emphasis or any degree in Risk Management. The risk management courses often open up professional opportunities students did not recognize prior to taking the courses.

- Hide
What are the differences between the Risk Management Minor and the Risk Management Emphasis?

For Marshall and Leventhal students, the Risk Management Minor requires 20 units of courses—the core course requirement, ACCT 380x (Introduction to Enterprise Risk Management), and 16 additional units outside Marshall and Leventhal. The Risk Management Emphasis requires 16 units of courses, all of which are Marshall and Leventhal courses.

- Hide
Can students pursue two Emphases, including a Risk Management Emphasis?

No. Students can only pursue one Emphasis. If students are interested in pursuing two Emphases, one of those being the Risk Management Emphasis, students could pursue the other Emphasis and a Risk Management Minor. 

- Hide
Should students pursue a Risk Management Minor or a Risk Management Emphasis?

It is the student’s decision. For Marshall and Leventhal students, the Risk Management Minor requires 20 units, whereas the Risk Management Emphasis requires 16 units. Thus, Marshall students may find it easier to pursue the Risk Management Emphasis and, if they have additional space in their course plan, take on other Minors. Students should speak with their academic advisers to understand the courses needed to complete the Risk Management Minor or the Risk Management Emphasis.

- Hide
What makes the Risk Management Emphasis unique?

Two particular programs make the Risk Management Emphasis unique: First, a student declaring the Risk Management Emphasis can participate in the Risk Management Program Mentorship Program. A student is paired with a mentor from the risk management profession for the academic year.

In addition, each semester the USC Risk Management Program hosts a networking and recruiting event, Meet the Risk Management Professionals, providing an opportunity for students to explore careers in risk management. Over 40 employers, including banks, consulting firms, and insurance firms, participated in these events during the past academic year.

- Hide
If students declare the Risk Management Emphasis, can students participate in the Risk Management Program Mentorship Program?

Yes. A student declaring the Risk Management Emphasis can participate in the Risk Management Program Mentorship Program.

- Hide
Should students currently pursuing the Risk Management Minor switch to pursue the Risk Management Emphasis?

It is the student’s decision. Students should speak with their academic advisers to understand the courses needed to complete the Risk Management Minor or pursue the Risk Management Emphasis. For Marshall and Leventhal students, the Risk Management Minor requires 20 units, whereas the Risk Management Emphasis requires 16 units. Thus, Marshall students may find it easier to pursue the Risk Management Emphasis and, if they have additional space in their course plan, take on other Minors.

- Hide
Can students satisfy these requirements when they study abroad?

Unfortunately, at the moment these requirements can be satisfied only at USC and study abroad units cannot be used.

- Hide