The risk management and insurance major provides students with a fundamental understanding of the effect of risks, especially pure risks, on individuals and organizations. It also equips them to properly evaluate these risks and devise a plan for addressing risks with the tools available to the modern risk manager. The program includes a foundation course in risk management as well as electives in insurance company operations, types of insurance, the use of derivatives, and other skills-related courses. It prepares graduates for most entry-level jobs in an insurance company, in the management of employee benefits, and in corporate risk management.
Risk Management and Insurance Student Learning Outcomes
Graduates will be able to:
- Explain the effects of risk, especially pure risk, on the lives of individuals and organizations
- Properly evaluate risks and select the appropriate risk management tool to deal with those risks