B.S in Risk Management and Insurance
The Risk Management & Insurance program is designed to provide students with the knowledge and skills for a career in the insurance industry and enterprise risk management field. In the RMI Program, students will explore the various functional areas, such as underwriting, claims, and loss control that are related to RMI. Students will become skilled in identifying, accessing, and managing the types of risks facing financial institutions, corporations, and individuals and in recommending appropriate insurance coverages.
Accreditation
The BS in Risk Management and Insurance (RMI) is accredited by the Council for Business Schools and Programs (ACBSP), a leading specialized accreditation body for business education around the world.
Summary of Requirements
The program will consist of: General Education requirements; business pre-major requirements; business core requirements; RMI major requirements; major electives; and free electives as shown below:
|
2022-2023 |
| Core Curriculum |
43 |
| Pre-Major Courses |
10 |
| Major and Related Courses |
72 |
| Major Elective Courses |
6 |
| Total |
131 |
Requirements for a Major in Risk Management and Insurance:
Students must be accepted into the Risk Management and Insurance major before taking 300-level or above courses in the Department of Business. For continuation in the major, a student must maintain a minimum cumulative GPA of 2.75 in major and non-major courses. A risk management and insurance major must complete at least one internship in the field and are strongly encouraged to achieve at least one Microsoft Office Specialist certification prior to graduation.
Required pre-major courses 10 (13)* hours
| BUS 101 | Introduction to Business | 3 |
| BUS 181 | Computer Skills for School and Workplace | 3 |
| MAT 102 | Introductory Probability and Statistics | 3 |
| MAT 130 | Precalculus | 4 |
MAT 102: *Three hours count toward the general education math requirement
Required core courses 54 hours
Required Risk Management and Insurance courses 18 hours
| RMI 201 | Introduction to Risk Management and Insurance | 3 |
| RMI 301 | Property and Casualty Insurance | 3 |
| RMI 310 | Insurance Company Operations | 3 |
| RMI 315 | Underwriting | 3 |
| RMI 401 | Topics in Risk Management and Insurance | 3 |
| RMI 410 | Enterprise Risk Management | 3 |
Major Electives courses 6 hours
Choose two courses:
Program Outcomes
Accurately apply fundamental business concepts, models, and principles to address hypothetical or real-world business issues. (Common Business Knowledge & Inquiry)
Communicate effectively in both American Sign Language and written English in various formats and styles to a variety of audiences in multiple business contexts.
(Communication)
Apply technological tools and statistical and quantitative reasoning skills in analyzing and evaluating numerical information to support evidence-based business decisions.
(Quantitative Reasoning & Technological Skills)
Critically assess business problems and develop well-supported solutions.
(Critical Thinking & Problem Solving)
Critically evaluate all business opportunities and challenges using a global business perspective.
(Global Dimension)
Consistently act in a professional, ethical, and socially responsible manner, and collaborate effectively in teamwork when required.
(Ethics & Social Responsibility)
RMI Discipline Specialty Knowledge and Inquiry
Analyze and assess coverage adequacy in common insurance policies.
Apply RMI knowledge and technical tools in evaluating, treating, and monitoring risk factors facing various business entities.
Articulate effective insurance policy recommendations based on critical analysis in written reports and presentations.