Risk management internship education requirements

Updated January 8, 2025

4 min read

There are several educational requirements to become a risk management internship. Risk management interns usually study finance, business, or economics. 75% of risk management interns hold a bachelor's degree, and 18% hold an master's degree. We analyzed 2,535 real risk management internship resumes to see exactly what risk management internship education sections show.

The most common colleges for risk management interns are the Pennsylvania State University and the Pennsylvania State University.

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

There are certain risk management internship certifications that you should consider. These risk management internship certifications include Certified Financial Risk Manager (FRM) and Certified Risk Manager (CRM).

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

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

The most common degree for risk management interns is bachelor's degree, with 75% of risk management interns earning that degree. The second and third most common degree levels are master's degree degree at 18% and master's degree degree at 4%.

Bachelor's, 75%

Master's, 18%

Associate, 4%

High School Diploma, 1%

Other Degrees, 2%

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

You should major in finance to become a risk management internship. 24% of risk management interns major in finance. Other common majors for a risk management internship include business and economics.

Finance, 24%

Business, 16%

Economics, 10%

Accounting, 9%

Other Majors, 41%

Most common colleges for risk management interns

Risk management interns often get their degrees at Pennsylvania State University, Teachers College of Columbia University, and New York University. Here are the most common colleges for risk management interns in the US based on their resumes.

Risk management internship common college	Percentages
Pennsylvania State University	9.56%
Teachers College of Columbia University	8.37%
New York University	7.17%
Ohio State University	6.37%
University of Iowa	5.58%

Show more common risk management internship colleges

Best majors for risk management interns

Rank	Major	Percentages
1	Finance	23.9%
2	Business	16.4%
3	Economics	9.9%
4	Accounting	8.8%
5	Mathematics	7.1%

Show more common risk management internship majors

Best colleges for risk management interns

The best colleges for risk management interns are Northwestern University, University of Pennsylvania, and Vanderbilt University.

A risk management internship 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 interns. 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 interns.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

5. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

6. University of Notre Dame

Notre Dame, IN • Private

In-state tuition

$53,391

Enrollment

8,568

7. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

8. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

9. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

10. Vanderbilt University

Nashville, TN • Private

In-state tuition

$49,816

Enrollment

6,840

20 best online courses for risk management interns

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3. Informed Risk Taking: Risk Management Process - Analysis

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Risk Management Strategies : Risk Analysis Techniques : Risk Management Principles : Risk Management Process : Methods...

4. Financial Risk Management (FRM): Foundational FRM Principles

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(960)

Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation...

5. Interest Rate Swaps: Structure, Pricing & Risk Management

4.5

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Interest Rate Swaps Risk Management Hedging OTC Clearinghouses Swap Valuation Floating Interest Rates...

6. Risk Management: An Introduction

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7. Learn Risk Management: Risk Planning in Agile and Scrum

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8. Project Management Fundamentals: Risk Management

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9. Risk Management for Cybersecurity and IT Managers

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The management's guide to understanding Risk Management decisions in cybersecurity and information technology (IT)...

10. ISO 31000. Risk manager training

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Understand the framework for managing risk proposed by ISO 31000 and the risk techniques of IEC 31010...

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

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12. Certified Risk Management FMEA ISO 31000 Expert Accredited

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Certified Risk Management Expert ISO 31000: 2018 FMEA Enterprise Risk Management Risk Assessment Risk Analysis...

13. Project Risk Management

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Practice of identifying , analyzing, prioritizing and mitigating risks...

14. Risk Management 101 for IT Professionals: Essential Concepts

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Learn the Fundamentals of Risk Management for IT and Cybersecurity Professionals...

15. Risk Management for PMI Certification

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Get Ready for PMI Risk Management Professional Certification Exam...

16. ISO/IEC 27005:2022. Information security risk management

4.6

(878)

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

17. Risk Management: Hazard Identification & Risk Assessment

4.3

(741)

Risk Management: Hazard Identification & Risk Assessment (HIRA), Hazard Control & Mitigation, Risk Evaluation Techniques...

18. The Agile Methodology for Project Risk Managers

(348)

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

19. Enterprise Risk Management

4.5

(3,561)

Develop the Risk Based Thinking for your Business Processes Apply ERM in 5 Simple Steps to any Business...

20. Implementing the NIST Risk Management Framework (RMF)

4.6

(544)

A practitioner's guide to using the NIST Risk Management Framework (RM) to protect your business or organization...

Top 10 most affordable universities for risk management interns

The most affordable schools for risk management interns are Baruch College of the City University of New York, california state university - long beach, and brooklyn college of the city university of new york.

If the best universities for risk management interns 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 interns.

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. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

3. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

4. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

5. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

6. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

7. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

8. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

Top 10 hardest universities to get into for risk management interns

The hardest universities for risk management interns to get into are Northwestern University, University of Pennsylvania, and Vanderbilt University.

Some great schools for risk management interns 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 interns 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

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

SAT average

1,492

3. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

4. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

7. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

8. University of Notre Dame

Notre Dame, IN • Private

Admissions rate

18%

SAT average

1,502

9. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

10. Stanford University

Stanford, CA • Private

Admissions rate

SAT average

1,497

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

The easiest schools for risk management interns to get into are Oklahoma Wesleyan University, barry university, and notre dame college.

Some schools are much easier to get into. If you want to start your career as a risk management internship 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 interns.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

3. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

4. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

5. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

6. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

7. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

8. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

9. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

10. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

Average risk management internship salary by education level

According to our data, risk management interns with a Doctorate degree earn the highest average salary, at $74,345 annually. Risk management interns with a Master's degree earn an average annual salary of $68,527.

Risk management internship education level	Risk management internship salary
Master's Degree	$68,527
High School Diploma or Less	$38,563
Bachelor's Degree	$54,866
Doctorate Degree	$74,345
Some College/ Associate Degree	$38,555

Risk management internship education FAQs

What is the best college for Risk Management Interns?

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Updated January 8, 2025

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.

Updated January 8, 2025

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