(Bachelor of Science Degree)
(Concentrations in Insurance and Risk Management)
The Risk Management and Insurance Major is designed to prepare undergraduates for positions within the risk management and insurance industry. This is an exciting discipline that has tremendous opportunities and applications. Students will learn about the quantitative aspects of risk and portfolio valuation, risk management best practices for corporations, risk transfer, risk retention, alternative methods, and insurance operations. Addressing risk through measurement and management reduces uncertainty that corporations, individuals, and small businesses are confronted with. A thorough understanding of risk management is a valuable asset in business. Students are encouraged to select career options in insurance including claims, underwriting, and customer representatives. Careers in risk management and portfolio analysis or financial planning are also possibilities. For students with an interest in a specialized sector of insurance or health care they may be interested in health care administration. Entrepreneurial ventures benefit from sound risk management policies. There are numerous applications for the quantitative and qualitative skills that are included in this major.
Total credit hours required for degree: 120
Learning Objectives
Graduates from this program will be able to:
- demonstrate analytical and critical thinking skills.
- demonstrate effective oral communications skills.
- demonstrate effective written communications skills.
- demonstrate quantitative skills.
- demonstrate an awareness of the global business environment.
- demonstrate competence in the use of technology.
- identify and analyze legal and ethical issues in business.
- demonstrate knowledge of the risk management process.
- demonstrate fundamental knowledge of quantitative risk analysis.
- demonstrate knowledge of insurance and non-insurance risk management techniques.
- demonstrate knowledge of risk management best practices for businesses.
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