Jun 24, 2024  
2017 Undergraduate Catalog 1.1 (WINTER - SPRING) 
2017 Undergraduate Catalog 1.1 (WINTER - SPRING) [ARCHIVED CATALOG - Consult with Your Academic Advisor for Your Catalog Year]

Risk Management and Insurance (B.S.)

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(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.

Academic Requirements

See Core  section of this catalog.

Core: 34-55 Credit Hours

42 Credit Hours

Concentration in Insurance

Select four of the following:

12 Credit Hours

Concentration in Risk Management

Select four of the following:

34-55 Credit Hours


The student must complete sufficient elective courses to earn at least the minimum credit hours required for this degree, and at least 60 credit hours of the 120 required must be in the liberal arts and sciences.

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