Risk Manager
Prepares an organisation for financial uncertainties, minimising threats and reducing losses.
Overview
In finance, risk refers to the degree of uncertainty and/or potential financial loss inherent in an investment decision. A Risk Manager's responsibility is to use his expertise to help his or her organization prepare for such uncertainties, minimize threats to its interests, and reduce losses. The actions of the Risk Manager have a direct impact on the company's financial performance, efficiency, output, and overall success.
Where they work
- Banks
- Financial Institutions
Work environment
It is a desk job. Local travel is part of the job role as you will be attending meetings. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organisation to organisation.
Opportunities for work exist for differently abled in this field.
Skills and interests
This career might suit you if…
- You are a careful and organised person
- You can keep accurate records of expenses and income
- You are good at Maths
- You like to analyse problems/situations
Eligibility and education roadmap
Please check the duration of the course during enrolment.
Route 1
- 1Complete 10+2 in the Commerce or Science stream
- 2Complete Bachelor's in any Engineering/Computer Science/Information Technology/Computer Application/Mathematics or related subject
Alternative route 2
- 1Complete Bachelor's degree and follow it up with a Master's in the same or allied field
Forms, exams and applications
Exam names above are as printed in the source card. Application windows, eligibility and syllabi change — always check the official notification for current dates.
Where to apply
This course is offered by the Department of Information Technology.
Government institutes
- Delhi Technological University, New Delhi
- Lalbhai Dalpatbhai College of Engineering, Ahmedabad, Gujarat
- Indian Institute of Engineering Science and Technology, Kolkata, West Bengal
- Government Polytechnic, Nashik, Maharashtra
- Government Polytechnic, Mumbai, Maharashtra
- Aligarh Muslim University, Aligarh, Uttar Pradesh
- NIMS University, Jaipur, Rajasthan
- Government Polytechnic For Girls, Ahmedabad, Gujarat
Private institutes
Please check if the institute is affiliated and accredited before applying.
- Manipal Institute of Technology, Manipal, Karnataka
- PSG Tech Coimbatore, Coimbatore, Tamil Nadu
- Dayananda Sagar College of Engineering, Bengaluru, Karnataka
- Vellore Institute of Technology, Vellore, Tamil Nadu
- Birla Institute of Technology, Jharkhand
These institute lists are indicative examples from the source card, not a ranked or complete directory. Always verify accreditation on the institute's official website.
Career outcomes
Growth path
- 1Risk Management Trainee
- 2Risk Management Analyst (Credit Card Portfolio)
- 3Financial Manager
Expected income
₹45,833 – ₹1,25,833 per month or more
The figures are indicative and subject to change.
SourceRelated careers to explore
Compliance Officer
Ensures a company follows external regulations and its own internal guidelines.
Financial Analyst
Uses company data to assess profitability, liabilities, strengths, weaknesses and future potential.
Student action plan
What you can do this month
- Read this whole roadmap and note any subjects, exams or institutes you don't recognise yet.
- Talk to a teacher or school counsellor about how your current subjects connect to Commerce, Science, Maths.
- Look for a school club, competition or online course related to analysing.
- Shortlist 2–3 institutes from the list above and check their official website for current admission details.
- Save this career and compare it with 1–2 others you're considering.
Example from the field
Rohit Mahajan — President, Risk Advisory, Deloitte India. He has over 21 years of experience in advising companies across jurisdictions in India and globally. He has done his Bachelor's in Accountancy from Delhi University. He has experience in multiple business practices including Risk Advisory, Financial Assurance, Anti-Bribery and Anti-Corruption Management.
SourceThis profile is shared for training/educational purposes only, as printed in the source card.
Sources and update notice
- Career card source: Exploring Career Paths with Career Cards, Volume 1, printed page 249 (NCERT / UNICEF India / PSSCIVE Bhopal, First Edition, April 2025).
- Income source: https://in.talent.com/salary?job=risk+analyst
- Last reviewed on this site: 2026-08-21
Eligibility, fees, exam patterns and admissions change often. Always verify current details on official institute, exam-body or government websites before making decisions.