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.

There are several private universities that can be found throughout Guatemala. Despite this, it still has some of the lowest literacy levels in all of Central America. Those looking to study in this country may have to pay higher tuition due to the privatized school systems.

A master’s program is a focused degree that requires about two years of classwork, research, and possibly a thesis paper to earn. This advanced program of study allows students to further specialize their schooling in an area that interests them.