MBA in Enterprise Risk Management

Flexible Online Format

Most professionals can’t pause their careers to earn an advanced degree. That’s why we designed the online Enterprise Risk Management MBA concentration to fit seamlessly into your life.

Courses are delivered in eight-week modules, offering a flexible, guided structure that lets you focus on one or two subjects at a time. All classes are taught by experienced faculty members who teach on campus and online, ensuring continuity and quality across every format.

You’ll interact through discussion boards, case studies, and virtual sessions that bring real-world risk scenarios to life. Whether you study full-time and finish in about 18 months or choose a slower pace, you’ll have the flexibility and support to succeed.

Courses in the Enterprise Risk Management MBA Concentration

From financial modeling to operational strategy, your MBA coursework will build a panoramic understanding of how organizations identify, quantify, and respond to risk.

A typical course sequence may include:

• Managerial Economics – explore how fiscal and monetary forces influence business decisions.
• Quantitative Analysis and Decision Making – use data-driven methods to assess uncertainty.
• Ethics in Leadership – evaluate decision-making frameworks in times of high pressure.
• Corporate Finance and Accounting – examine how financial structures shape organizational exposure.
• Risk Assessment – learn techniques to measure and monitor enterprise-wide risk.
• Insurance and Risk Management – analyze risk transfer, coverage options, and regulatory trends.
• Business and Insurance Law – interpret the legal frameworks that guide liability and compliance.
• Capstone Seminar – integrate MBA and risk-management principles into a real-world project.

Your electives act as building blocks for your desired specialization. You might explore Property-Casualty Insurance Contracts, Reinsurance Principles, or Commercial Property Risk Management to deepen your expertise, or choose courses that strengthen your strategic and leadership skills.

Because the ERM MBA concentration builds on business foundations, you’ll refine your analytical ability while developing the communication and foresight leaders rely on.

Career Outlook for Those With MBAs in Enterprise Risk Management

Global events have made risk literacy a leadership essential. Businesses now prioritize professionals who can balance opportunity with caution and transform data into action.

According to the U.S. Bureau of Labor Statistics, professionals with an MBA in Enterprise Risk Management are well-positioned for leadership roles that blend strategy, finance, and organizational planning. Salaries vary by region and experience, but risk management professionals in Michigan and across the U.S. consistently earn above-average pay.

Salary Potential

*Sources: U.S. Bureau of Labor Statistics, May 2024, Indeed, and ZipRecruiter, 2025.

Career Paths for Accounting MBAs

An MBA in Enterprise Risk Management opens doors across sectors, including finance, healthcare, energy, manufacturing, technology, and government. Graduates often move into positions such as:

• Enterprise Risk Manager or Director
• Operational Risk Lead
• Compliance and Risk Officer
• Risk Consultant or Analyst
• Chief Risk Officer

You’ll graduate prepared to guide organizations toward sustainable growth while helping them navigate complexity with confidence.

Expanding Opportunities

Every industry faces risk, but few professionals are prepared to manage it strategically. With an MBA in Enterprise Risk Management, you’ll bring a systems-level perspective to leadership, connecting data, operations, and human decision-making.

The University of Olivet’s emphasis on ethical leadership and applied learning ensures your skills translate immediately to your workplace. The program also aligns with key professional designations, including FRM (Financial Risk Manager) and CRM (Certified Risk Manager), positioning you to pursue advanced credentials if you choose.

Whether you’re managing risk for a global corporation or advising small enterprises, your MBA will equip you to think ahead and lead through change.