Insurance and Risk Management Major

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The Insurance and Risk Management major provides students with basic competency in the functional areas of insurance and risk management. The program provides students with an educational foundation that is needed to prepare for professional exams and national licenses in individual and commercial insurance, and risk management. This major combines the applications of analytical skills to the challenges in the commercial insurance industry. This program leads to careers in business, insurance, and risk management.

For department information or additional degree requirements, go to the Business, College of department page.

For related information from the Bureau of Labor Statistics, http://www.bls.gov/ooh/business-and-financial/financial-analysts.htm

Total Credits Required: 120

General Education 30-40

Recommended General Education Courses

Courses listed below are recommended though not required:

EC 202 - Macroeconomic Principles [SCII] 4 Credits
FIN 224 - Personal Financial Management [INTT] 4 Credits
IS 116 - Cybersecurity Fundamentals [PERS] 4 Credits
MGT 121 - Introduction to Business [PERS] 4 Credits
PSY 100 - Introduction to Psychological Science [SCII] [LAB] 4 Credits
SO 101 - Introductory Sociology [PERS] 4 Credits or
SO 113 - Social Problems [PERS] 4 Credits

Insurance and Risk Management Core 32 Credits

CIS 222 - Quantitative Business Problem Solving 4 Credits
CIS 440 - Management Information Systems 4 Credits
FIN 201 - Introduction to Risk Management 4 Credits
FIN 375 - Commercial Insurance 4 Credits
FIN 433 - Insurance Operations 4 Credits
MGT 436 - Strategic Management 4 Credits

Electives 8 Credits

Choose two courses from the ACT, EC, FIN, MA, MGT prefixes.**

Business Core* 32 Credits

ACT 230 - Fundamentals of Financial Accounting 4 Credits
ACT 240 - Fundamentals of Managerial Accounting 4 Credits
FIN 351 - Financial Management I 4 Credits
MGT 221 - Legal Environment of Business 4 Credits
MGT 240 - Organizational Behavior and Management 4 Credits
MGT 325 - Operations Management 4 Credits
MGT 344 - Managerial Communication 4 Credits
MKT 230 - Introduction to Marketing 4 Credits

Other Required Courses 12 Credits

EC 201 - Microeconomic Principles 4 Credits
DATA 109 - Introduction to Statistics [QUAR] [MATH] 4 Credits
MA 111 - College Algebra [QUAR] [MATH] 4 Credits or
MA 113 - Finite Mathematics [QUAR] [MATH] 4 Credits or
MA 115 - Precalculus [QUAR] [MATH] 4 Credits or
Proctored math placement score of MA 115 or above***

Notes:

This major does not require a minor.

*Courses in Business Core cannot be double counted toward another major or minor.

**Courses will be selected with assistance from the advisor/department.

***Students who meet this requirement through the proctored math placement test can work with their adviser to attain a credit waiver for the missing 4 credits.