
This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Risk Analyst evaluates data to assess risk for clients and businesses, guiding decisions and policies while communicating findings clearly.
Get qualified to work as a Risk Analyst with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Risk Analyst generally earns $2,346 per week ($121,992 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
This industry is likely to see strong growth in employment numbers in coming years. There are currently 3,300 people working in this field in Australia and many of them specialise as a Risk Analyst. Risk Analysts may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
A Bachelor of Statistics is an ideal qualification if you’re planning a career as a Risk Analyst. This course covers a range of topics including applied statistics, data analytics, mathematics and probability, quantitative research methods, regression modelling, problem solving and scientific computing. A Bachelor of Science (Statistics) may also be suitable.
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For those considering a career in finance and risk management, our Risk Analyst courses in Geelong provide a range of options tailored for experienced learners. With a diverse selection of 14 advanced courses available, candidates seeking to enhance their skills can choose from qualifications such as the Graduate Diploma of Applied Finance and the Master of Actuarial Science. These qualifications are recognised for equipping graduates with the necessary knowledge to excel as Risk Analysts in the competitive job market.
Education providers like The University of Melbourne and Swinburne University of Technology offer a variety of high-quality courses in Geelong, including the Bachelor of Commerce (Finance) and the Bachelor of Business (Analytics and Analysis). These programmes are designed not only to impart theoretical knowledge but also to provide practical understanding needed for impactful decision-making in risk analysis.
In addition to core Risk Analyst courses, individuals may also find related job roles appealing. Positions such as Business Analyst and Risk Manager are integral to organisational success, making the skills acquired from courses like the Bachelor of Science (Statistics) and the Graduate Certificate in Safety, Risk and Reliability Engineering relevant and beneficial.
Graduates from these esteemed institutions not only prepare themselves for roles in risk analysis but also open doors to other career opportunities in banking and finance. For instance, becoming a Quantitative Analyst or an Applied Statistician are viable pathways that leverage analytical skills honed through rigorous coursework. Additionally, emerging fields such as computational mathematics through programs like the Bachelor of Science (Applied Mathematics) are increasingly sought after in today's data-driven environment in Geelong.
Ultimately, enrolling in Risk Analyst courses in Geelong can significantly enhance one’s qualifications and marketability within the finance sector. Those looking to advance their careers in analytics and decision-making will benefit from a profound understanding of risk management, inherent in these advanced courses. With several recognised training providers in the region, aspiring Risk Analysts can confidently pursue their professional development within Geelong's robust educational landscape.