Risk Management

The Department of Risk Management in the Smeal College of Business at Penn State University with Actuarial Science, Enterprise Risk Management and Real Estate options.

The Penn State Smeal College of Business Risk Management Department offers educational opportunities for students interested in exploring risk analysis in a variety of business environments, as well as faculty research and expertise in a wide range of topics. 

Degree Programs

At the undergraduate level, the Risk Management major includes offerings in Actuarial Science, Enterprise Risk Management, and Real Estate. The Department also offers one of the two most popular minors at the College, the Legal Environment of Business (LEBUS) minor. Opportunities to explore risk and decisions are available through the full-time Smeal MBA Program and Executive MBA Program, and the Smeal Ph.D. Program offers an emphasis in Real Estate.

The Risk Management Department would like to announce the creation of a new certificate program. The Real Estate Analysis & Development (READ) Certificate has recently been created for Smeal majors.

Faculty and Research

The research and disciplinary focus of the department is on risk assessment, mitigation, and management, connecting disciplines such as actuarial science, business law, decision analysis, insurance, international business, and real estate. Our expert faculty members teach in all of these areas enabling students to be exposed to a variety of approaches and disciplines as they prepare for careers in many private and public sector fields.

The department also works closely with the Institute for Real Estate Studies to promote education, scholarship, and outreach in the area of real estate. The Institute serves as a vital conduit for leading edge research and serves as the physical presence for real estate education at Penn State.