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Risk management consultant education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a risk management consultant. Risk management consultants usually study business, finance, or accounting. 65% of risk management consultants hold a bachelor's degree, and 21% hold an master's degree. We analyzed 1,555 real risk management consultant resumes to see exactly what risk management consultant education sections show.

The most common colleges for risk management consultants are the New York University and the New York University.

There are also many online risk management consultant courses to help get the education required to be a risk management consultant.

There are certain risk management consultant certifications that you should consider. These risk management consultant certifications include Certified Risk Manager (CRM) and Certified Professional in Healthcare Risk Management (CPHRM).

What education do you need to become a risk management consultant?

What degree do you need to be a risk management consultant?

The most common degree for risk management consultants is bachelor's degree, with 65% of risk management consultants earning that degree. The second and third most common degree levels are master's degree degree at 21% and master's degree degree at 6%.
  • Bachelor's, 65%
  • Master's, 21%
  • Associate, 6%
  • Doctorate, 4%
  • Other Degrees, 4%

What should I major in to become a risk management consultant?

You should major in business to become a risk management consultant. 25% of risk management consultants major in business. Other common majors for a risk management consultant include finance and accounting.

Most common colleges for risk management consultants

Risk management consultants often get their degrees at New York University, University of California - Davis, and University of Phoenix. Here are the most common colleges for risk management consultants in the US based on their resumes.
Risk management consultant common collegePercentages
New York University8.57%
University of California - Davis6.86%
University of Phoenix6.86%
Pennsylvania State University6.29%
University of Iowa6.29%

Best majors for risk management consultants

RankMajorPercentages
1Business24.8%
2Finance13.5%
3Accounting6.5%
4Economics6.3%
5Management6.1%

Best colleges for risk management consultants

The best colleges for risk management consultants are Northwestern University, University of Pennsylvania, and University of Southern California.

A risk management consultant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for risk management consultants. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become risk management consultants.

1. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

3. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

4. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

5. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

6. George Washington University, The

Washington, DC • Private

In-state tuition

$55,230

Enrollment

12,161

7. Lehigh University

Bethlehem, PA • Private

In-state tuition

$52,930

Enrollment

5,030

8. Pennsylvania State University

University Park, PA • Private

In-state tuition

$18,454

Enrollment

40,108

9. University of Georgia

Athens, GA • Private

In-state tuition

$11,830

Enrollment

29,474

10. University of Rochester

Rochester, NY • Private

In-state tuition

$53,909

Enrollment

6,348

20 best online courses for risk management consultants

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17. Risk Management for Cybersecurity and IT Managers

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Understand the framework proposed by ISO for managing information security risks in an organization...

19. The Agile Methodology for Project Risk Managers

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The Agile Project Management and Risk Management for Project Professionals Full Course...

20. The Risk Management Certification Program (PMI-RMP) (PMBOK7)

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Planning Risk Management, Identifying Risk, Analyzing Risk and Responding to Risk by PMBOK6 (PMBOK7 Updated)...

Top 10 most affordable universities for risk management consultants

The most affordable schools for risk management consultants are Baruch College of the City University of New York, university of florida, and brigham young university.

If the best universities for risk management consultants are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for risk management consultants.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

4. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

5. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

6. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

7. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

8. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

9. University of Houston - Victoria

Victoria, TX • Private

In-state tuition

$6,491

Cost of attendance

19,075

10. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

Top 10 hardest universities to get into for risk management consultants

The hardest universities for risk management consultants to get into are Northwestern University, University of Pennsylvania, and University of Southern California.

Some great schools for risk management consultants are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for risk management consultants based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

4. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

7. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

8. Lehigh University

Bethlehem, PA • Private

Admissions rate

22%

SAT average

1,380

9. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

10. University of Notre Dame

Notre Dame, IN • Private

Admissions rate

18%

SAT average

1,502

Top 10 easy-to-apply-to universities for risk management consultants

The easiest schools for risk management consultants to get into are Oklahoma Wesleyan University, holy names university, and notre dame de namur university.

Some schools are much easier to get into. If you want to start your career as a risk management consultant without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for risk management consultants.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

4. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

6. Wayland Baptist University

Plainview, TX • Private

Admissions rate

98%

SAT average

1,003

7. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

8. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

Average risk management consultant salary by education level

According to our data, risk management consultants with a Doctorate degree earn the highest average salary, at $103,954 annually. Risk management consultants with a Master's degree earn an average annual salary of $99,574.
Risk management consultant education levelRisk management consultant salary
Master's Degree$99,574
Bachelor's Degree$92,154
Doctorate Degree$103,954

Risk management consultant education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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