Gain innovative expertise managing risk

The risk management and insurance specialization provides a business-accelerator environment that combines a strong core curriculum in fundamental business disciplines with expertise in managing organizational risk.

  • Develop exceptionally strong critical thinking and analytical skills.
  • Benefit from a wide variety of interactions with business professionals in risk management, insurance operations, consulting, brokerage, and related health care fields.
  • Note that Wisconsin MBA graduates specializing in risk management and insurance are placed at leading firms, earning an average salary of six figures.
GCIE Global Centers of Insurance Excellence

Global Center of Insurance Excellence

Our program has been designated a Global Center of Insurance Excellence by the International Insurance Society. We are one of 20 institutions worldwide to receive this honor, which recognizes our commitment to the industry.

Jenna Herr 

Wisconsin is widely recognized for producing stellar leaders in risk management and insurance. Professor Joan Schmit described at my visit all the ways the program could help me pursue my interest in the field. But she also explained how I could integrate my interest in tech and analytics. It was a very different approach from other schools, where those passions were considered ancillary to the core curriculum.

—Jenna Herr (MBA ’19)
Senior Risk and Compliance Specialist at Kearney

Jenna was named one of 100 MBAs to Watch, Poets & Quants 2019.
Read more about Jenna's story

RMI MBA Students

The Experience You Need to Lead

Under the guidance of renowned faculty, leading executives, and innovative researchers, you will gain the practical and technical experience you need to lead your organization to success.

  • Applied projects with prominent companies
  • Internationally renowned conferences
  • Alumni and leading practitioner presentations
Gain insights with hands-on learning


Average base salary
(Class of 2019)

Make a Major Impact on Your Career

Prepare for leadership in whatever field of risk management and insurance you choose, in a variety of roles, including rotational corporate development programs. Our graduates have accepted full-time positions with six-figure salaries at some of the nation’s most respected firms.

Explore your career potential
MBA Students

Grow Your Career Network

Students in the risk management and insurance specialization are supported by an advisory board and an extensive alumni network of leading consultants, CEOs, and CFOs in a wide range of specialties and industries. Students value the mentor-driven engagement of our alumni in their career development.

Meet our community of leaders

A Specialized Curriculum

The Wisconsin MBA curriculum integrates a strong foundation in general management with highly focused preparation in your chosen career field, starting with your first semester. This immediate immersion prepares you for success in an internship.

See your focused curriculum

The Student Experience

“From the fundamentals of risk management and insurance to cutting-edge InsureTech practices, I gained knowledge and hands-on learning experiences that broadened my horizons extensively. The Wisconsin MBA experience was a great investment in my future career success.”

—Xiaoming Gu, MBA

Hear from current students

Risk Management and Insurance Specialization Quick Guide

Learn more about the dedicated team members who provide you with one-on-one support. You can also access an informative overview of this career specialization to save, print, or share.

Download our quick guide