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.

Libya is situated in the North Africa in a region called Maghreb. It is officially called the State of Libya. Libya has huge population in schools with over 270,000 of the 1.7 million students already taking tertiary education. There is free and mandatory basic and secondary education.

Earning a Bachelor of Arts (BA) degree is an academic achievement upon completing a series of courses over the course of three or four years. The subjects that are studied in order to earn this degree vary widely under the disciplines of the liberal arts and sciences.