High School
Recommended classes include mathematics, business, accounting, economics, and computer science. English and speech classes will help you to develop your communication skills. Of course, any college-preparatory courses (e.g., science, history, government) will be useful.
Postsecondary Education
A bachelor’s degree in risk management, insurance, accounting, finance, economics, business, or a related field is required to become a risk manager. Some firms prefer their risk managers to have an advanced degree, such as master’s of business administration (MBA) or a master’s in risk management. Take classes that focus on alternative investments (especially private equity) to expand your knowledge of the field. Private equity firms are highly selective when it comes to hiring, so attending a top-tier college and earning excellent grades will improve your chances of getting hired.
Other Education or Training
Continuing education classes, workshops, online tutorials, and webinars are offered by the Global Association of Risk Professionals, Public Risk Management Association, and RIMS—The Risk Management Society. Topics include risk assessment, risk control, and government regulation. Contact these organizations for more information.
Certification
The Institute of Risk Management offers the international certificate in risk management to applicants who pass multiple-choice and written examinations. Visit https://www.theirm.org/qualifications/international-certificate-in-enterprise-risk-management.
- Investment Underwriters
- Private Equity Accountants and Auditors
- Private Equity Business Development Directors
- Private Equity Chief Dealmakers
- Private Equity Compliance Professionals
- Private Equity Financial Managers
- Private Equity Investor Relations Specialists
- Private Equity Lawyers
- Private Equity Marketing Specialists
- Private Equity Research Analysts and Associates