BS Major in Risk and Insurance

The risk management and insurance program provides a survey of risk management and insurance in four required courses and provides depth of understanding through a set of elective courses.  The required first course, RMI 2301, is designed for students most of whom would not major in risk management.  RMI 2301 provides potential majors with an introduction to risk management topics and tools that can be built upon in the other courses of the concentration; a second purpose of the course is to provide all students with knowledge of selected insurance topics that will help them to better manage their personal finances and to develop an appreciation for corporate risk management that will aid them in their careers.

The 130 credit BS degree with a concentration in risk management and insurance provides students with an understanding of risk and the methods for managing the financial consequences of risk, including loss control and insurance, to achieve the firm’s overall risk-return targets.  The concentration consists of four designated courses plus three elective risk and insurance courses.  The suggested sequencing of designated courses follows:

Sophomore
RMI2301: Principles of Risk & Insurance
 
Junior     
RMI3360: Corporate Risk Management
RMI3361: Insurance & Alternative Risk Transfer

Senior
RMI4390: Insurance Industry Structure & Operations
The elective courses from which a student may chose include:
RMI3334: Property & Liability Insurance
RMI3335: Life, Health, Pension & Social Ins
RMI4364: Reinsurance
RMI3350: Risk Seminar

Upper-division students in the Risk and Insurance major are encouraged to enroll in in-house professional development offerings on related topics, many of which prepare for professional designation examinations (such as the CPCU, CLU, ChFP or ARM) and offer pragmatic technical industry knowledge. Many of these non-credit seminars prepare you for professional designation examinations, through the Center for Professional Education. As a matriculated student, subject to approval, you pay only half of the cost of these courses.  Professional designations strongly increase your marketability upon graduation.