Risk management involves the identification, prioritization and assessment of financial risks. Students learn to help businesses reach their goals by reducing uncertainty. In the process, specific resources are applied with the goal of minimizing, controlling and monitoring possible losses or unfortunate events.

Graduate diplomas are typically not offered in the United States. The American equivalent of a diploma is referred to as a professional certification. Each university has a different set of requirements for admission, so students should perform in-depth research on programs before applying.