Risk ManagementRisk Management
This is sort of what your mother used to do when she wouldn’t let you swing upside down over a pile of rocks, or when she refused to let you go on a date with that guy who had the pierced lip and a tattoo that read “Heartbreaker.” Though she was ruining your social life, she was, in her own way, also managing your risk. Unfortunately, unlike a sixth sense, you’re not born with Risk Management expertise. Risk Management is a science that helps businesses and individuals determine the potential outcomes of their actions. Should you invest in that undeveloped real estate in central Florida? Or what about that new dot-com? In these situations, and similar ones, Risk Management specialists help people understand the consequences of their endeavors. They are the personal trainers of the business world, helping their clients map out strategies that take into account their aspirations and liabilities. Risk management majors are in demand in just about every industry. From Fortune 500 corporations to a three-man skydiving company, a major in Risk Management will make you a valuable asset to almost any business.
The best preparation for a major in Risk Management is to not do anything of which your parents wouldn’t approve. In addition to this, become a lover of statistics. You’ll be studying a lot of them in college and even generating them yourself. Solid understanding of calculus helps in predicting trends as well. To turn numbers into argument, take writing-intensive courses, like AP English.