9 Affordable Online Risk Management Degrees (2025)

Affordable online degrees in risk management are offered through many accredited institutions throughout the United States.

If you are considering an undergraduate degree in risk management, explore options that may include a degree in business administration, cybersecurity, or insurance and risk management.

Earn your affordable online risk management degree through an accredited institution that also accepts transfer credits and offers grant or scholarship opportunities.

Affordable Risk Management Degrees Online

Find affordable risk management degrees online below.

1. American Women's College Bay Path University

American Women's College Bay Path University offers an online Bachelor of Science in cybersecurity in risk management degree program that consists of 120 credit hours of required courses.

Earn your BS in cybersecurity in risk management degree for $410 per credit hour and takes less than four years to complete.

The risk management major curriculum includes courses such as intrusion, incident response, and crisis management, data privacy, and risk management.

2. Eastern Kentucky University

Eastern Kentucky University provides a Bachelor of Business Administration in risk management and insurance degree program that is delivered in an online format with free textbooks.

The affordable BBA in risk management degree costs $434 per credit hour and can be earned by completing 120 credit hours of courses.

Required courses include:

• principles of risk and insurance
• risk management
• commercial property risk management and insurance

Transfer up to 90 approved credit hours to save time and money.

3. Grand Canyon University

Grand Canyon University offers a Bachelor of Science in risk management degree program that can be completed online.

The online risk management degree program involves 120 credit hours of required courses such as strategic management, implementing risk management strategies, and global risk management practices.

The cost of tuition for the BS in risk management program is $485 per credit hour. Transfer credits and submit applications for grant and scholarship opportunities to lower the cost of tuition.

4. Indiana State University

Indiana State University offers an online Bachelor of Science in insurance and risk management degree program that consists of 120 credit hours of required courses.

Required courses include introduction to risk and insurance, commercial risk management, individual study in insurance and risk management, and more.

Earn your insurance and risk management degree online at Indiana State University for $351 to $456 per credit hour and prepare for a career in risk management.

5. Mississippi State University

The risk management and insurance program at Mississippi State University awards a Bachelor of Business Administration in finance degree after completing 123 credit hours of courses.

Earn your BBA in finance with a concentration in risk management and insurance for $402.75 per credit hour.

Examples of required courses include:

• enterprise risk management
• strategic management
• principles of management

Career opportunities include being a risk analyst, risk management consultant, financial planner, and more.

6. Old Dominion University

Complete your online risk management and insurance degree at Old Dominion University. ODU provides two options for earning your risk management and insurance degree.

Additional options include:

• degree completion if you have college credits
• full degree from start to finish

Earn your online risk management and insurance degree for $250 to $426 per credit hour depending on if you are a Virginia resident, non-Virginia resident, or active-duty military member.

7. Temple University

Earn your affordable Bachelor of Business Administration in risk management and insurance degree online at Temple University for $22,824 to $41,544 per year depending on the state you live in.

The risk management and insurance degree program consist of 124 credit hours of course requirements and offers three tracks to focus on a specific area of interest.

Find internal scholarships at Temple University such as the Maguire Business Scholars Program to help lower the cost of your degree.

8. University of Central Missouri

The University of Central Missouri offers a Bachelor of Science in environmental, safety, and risk management degree completion program that is delivered online.

The online risk management degree program covers topics such as systems safety, occupational risk management, and statistical analysis for risk management.

Earn your affordable risk management degree online in two years for $277.50 per credit hour. Use the UCM Scholarship Finder tool for opportunities to reduce tuition costs.

9. University of Wisconsin, Whitewater

Earn a Bachelor of Business Administration in safety and risk management degree online at the University of Wisconsin, Whitewater,

The BBA in safety and risk management degree program is offered at the affordable rate of $395 per credit hour and involves several required courses.

Examples of required courses include:

• operations management
• strategic management
• legal issues and risk management

See if you qualify for financial aid opportunities by submitting a Free Application for Federal Student Aid.

How Much Does an Online Degree in Risk Management Cost?

An affordable risk management degree that can be completed online costs between $250 to $485 per credit hour depending on part-time or full-time enrollment, the program, and college.

The cost of your affordable online degree in risk management may also depend on the state you reside in at the time of enrollment.

How To Make an Online Risk Management Degree Affordable

There are several ways to make an online risk management degree affordable.

Consider the following financial aid options for reducing the cost of tuition:

• submit a Free Application for Financial Student Aid
• submit applications for grant and scholarship opportunities
• explore tuition reimbursement program opportunities if you are employed

Choose an affordable online risk management degree program and find tuition assistance options including tuition waivers, military discounts, and more.

Is An Online Risk Management Degree Worth It?

An online risk management degree is worth it if you are interested in pursuing a career that involves identifying and analyzing risks to prevent or mitigate issues.

If you are interested in a non-traditional way of completing your degree, an online risk management degree program will provide the flexibility you need to take care of other responsibilities.

Find an Affordable Degree in Risk Management Online Today

An affordable online degree in risk management can be found by exploring program options provided by accredited institutions that accept financial aid awards from grants, scholarships, and other tuition assistance opportunities.