Why Earn a Master's Degree in Loss Prevention?
Businesses and government agencies need specially trained management professionals to help their organizations prevent loss, reduce risk, eliminate exposures, and withstand disasters. With a Master's Degree in Loss Prevention you will be prepared to manage loss control programs, identify and analyze risk factors, improve compliance with regulations, and recommend process, management, and organizational changes that will reduce the probability of loss.
Master's Degree in Loss Prevention Occupational Outlook
Loss prevention and control is a factor in many industries, and the rate of growth varies for each. The rate of employment for occupational health and safety specialists is expected to increase at an average rate through 2014, reflecting the continuing public demand for a safe and healthy work environment. The September 11, 2001 attacks and large-scale natural disasters have put a greater focus on emergency preparedness in the public and private sectors, with a resulting increase in security and disaster management occupations. In the manufacturing industry, employment growth for occupational health and safety specialists will result from steady increases in government and company regulations and policies (www.bls.gov).
Master's Degree in Loss Prevention Salary Information
Salaries for loss prevention specialists vary by specialty, industry, and region. Safety and Loss Prevention Managers in the construction industry earn a median base salary of $80,678 (www.salary.com).
Coursework for Master's Degree in Loss Prevention Diploma
Individuals earning a Master's Degree in Loss Prevention will study a multidisciplinary curriculum covering many areas of loss prevention and control. Some courses may include:
- Safety, Security & Emergency Management Administration
- Regulations and Compliance
- Worker Rights and Protections
- Emergency Preparedness
- Emergency Response
- Strategic Planning for Safety and Security
- Strategic Planning for Emergencies
- Auditing of Safety, Security, Fire, and Disaster Plans
- Industrial Health and Safety Management
- Compliance Practices and Issues
- Business Risk Management
- Leadership in Emergency Situations
- Environmental and Personal Exposures
- Homeland Security Policy
- Analysis of Hazards and Threats to Homeland Security
Skills Learned for a Master's Degree in Loss Prevention
A Master's Degree in Loss Prevention Diploma program will provide training and skills needed to manage an organization's loss prevention activities. Some skills might include:
- Skills in developing, testing, and auditing loss prevention plans
- Skills in identifying critical tasks and processes
- Skills in Identifying and evaluating hazards and risks
- Risk management skills
- Project management skills
- Leadership skills