Program Details

Program Details

Bachelor of Science Degree • School of Business and Justice Studies

Risk Management and Insurance Major

Program Details

Program Description

The Risk Management and Insurance major is designed for students interested in
  • the risk management and insurance industry, or
  • the insurance and employee benefits areas of firms, not-for-profit organizations, and governmental agencies.

The focus of the program is on understanding the principles of risk management and insurance and techniques for risk measurement, mitigation and management. In addition, the principles for the appropriate applications of insurance as well as strategies for managing all aspects of the insurance industry will be included in the comprehensive major.

The major curriculum is structured to incorporate:

  • analytical thinking
  • quantitative analysis
  • team building
  • innovative problem solving

This major is oriented to gaining an integrated perspective on the full range of risk faced by a firm, its employees, and customers or clients. An organizing theme will be anticipating, combating, and managing risk exposure in the context of a commitment to principles of ethics and social responsibility.
Total credit hours required for degree: 120


(See also General Education Core)

Course Credit Hours Year Taken
Core 34-55  
Major Course Requirements
Accounting 201 Financial Accounting 3  2
Accounting 202 Managerial Accounting 3 2
Business Law 302 Law of Business: Transactions and Organizations 3 2,3
Economics 131 Principles of Microeconomics 3 1
Economics 141 Principles of Macroeconomics 3 1
Economics 241 Statistics 3 2
Economics/Finance 343 Money and Banking 3 3,4
Finance 333 Corporate Finance 3 3,4
Finance 351
Economics 348
Financial Management
Business and Economic Forecasting


Finance 357 Financial Planning and Portfolio Analysis 3 3,4
Mathematics 143 & 144

Mathematics 201
Mathematical Analysis for Business and Economics (I and II)
Calculus I


RMI 273 Introduction to Risk Management and Insurance 3 2,3
RMI 483 Risk Management 3 4
One 300- or 400-level course in Accounting, Economics. Finance, Management, Marketing, or Risk Management and Insurance, or one course in Mathematics at the 200-level or higher



Concentration in Insurance
Select four of the following:
RMI 325 Principles of Insurance: Life, Health, and Annuities    
RMI 326 Principles of Insurance: Property and Liability    
RMI 415 Employee Benefits    
RMI 445 Enterprise Risk Management    
RMI 470 Internship    
Elective 300- or 400-level course in Economics, Finance, or Risk Management and Insurance    
  12  3,4

Concentration in Risk Management
Select four of the following:
FIN 352 Investments    
RMI 367 Derivative Markets    
RMI 375 Quantitative Analysis of Risk    
RMI 445 Enterprise Risk Management    
RMI 470 Internship    
Elective 300- or 400-level course in Economics, Finance, or Risk Management and Insurance    
  12  3,4
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.


Contact Us

Stephanie Nesbitt, J.D.

Stephanie Nesbitt, J.D.

Assistant Professor of RMI
112 DePerno Hall
(315) 792-5292

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