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Requirements for the Risk Management & Insurance Major

All students majoring in Risk Management & Insurance must complete the following GEP requirements (please see section in the catalog on the General Education Program for details).

Signature courses: six courses

Variable courses: six to nine courses

Integrated Learning Component (ILC): three courses, including:

Required:

ECN 102

Macroeconomics

MAT 123

Differential Calculus

 

Or

MAT 156

Applied Calculus II*

 

Or

MAT 162

Calculus II*

* The Finance Department recommends that students who satisfy the GEP Math Beauty requirement by taking either MAT 155 or MAT 161 take the second course in the sequence (MAT 156 or MAT 162) as the second RMI ILC course. However, these students also have the option of fulfilling this ILC requirement by taking any other MAT class (100-level or above, excluding first-year seminars). All RMI majors must take at least one calculus course (MAT 123, MAT 155, or MAT 161), and two Math classes in total (excluding first-year seminars).

For the third ILC course, students must take one additional course (excluding first year seminars) from Economics, English, Math,or Philosophy, Political Science, Psychology, or Sociology.

Free electives: six courses

Business Foundation: ten courses

ACC 101

Concepts of Financial Accounting

ACC 102

Managerial Accounting

DSS 200

Introduction to Information Systems

DSS 210

Business Statistics

DSS 220

Business Analytics

FIN 200

Introduction to Finance

MGT 110

or 120

Essentials of Organizational Behavior or Essentials of Management

MGT 360

Legal Environment of Business

MKT 201

Principles of Marketing

BUS 495

Business Policy

Major Concentration: six courses

Required Courses

RMI 200

Introduction to Risk Management & Insurance

RMI 300

Property and Casualty Insurance

RMI 301

Corporate Risk Management

Electives in major:

Three courses including one in RMI and two additional from the following:

Risk Management and Insurance

RMI 401

Alternative Risk Financing

RMI 470

Topics in RMI

RMI 493-494

Individual Research in RMI

Finance

FIN 201

Markets & Institutions

FIN 300

Intermediate Finance

FIN 301

Investments

FIN 302

International Finance

FIN 303

Small Business Finance

FIN 304-305

Honors Research in Finance

FIN 400

Mergers & Acquisitions

FIN 401

Student Managed Funds

FIN 402

Portfolio Management

FIN 403

Derivative Securities

FIN 470

Selected Topics in Finance

FIN 493-494

Individual Research in Finance

Financial Planning

FPL 200

Personal Financial Planning

FPL 300

Retirement Plan

FPL 301

Estate Planning

FPL 400

Financial Plan Development

FPL 470

Topics in Financial Planning

FPL 493-494

Individual Research in Financial Planning

Requirements for the Risk Management and Insurance Minor

ACC 101

Concepts of Financial Accounting

FIN 200

Introduction to Finance

RMI 200

Introduction to Risk Management & Insurance

RMI 300

Property and Casualty Insurance

RMI 301

Corporate Risk Management

One elective:

This elective must be a 300- or 400-level RMI course. FIN or FPL courses cannot be used to satisfy the requirements of the RMI minor unless approved by the Finance Department chair.

The first two courses in the RMI minor are the financial core: Concepts of Financial Accounting (ACC 101) and Introduction to Finance (FIN 200). These two courses can be double-counted toward a Business student’s major, and do not have to be replaced with additional courses for the minor. Students are responsible for completing the prerequisites to the courses required for the minor. The RMI minor requires students to complete four RMI courses. The one exception to this is for students majoring in Actuarial Science, described below. These courses cannot be double-counted in the student’s major.

Requirements for the Risk Management & Insurance Minor for Actuarial Science Majors

Six required courses:

ACC 101

Concepts of Financial Accounting

FIN 200

Introduction to Finance

FIN 300

Intermediate Finance

RMI 200

Introduction to Risk Management & Insurance

RMI 300

Property and Casualty Insurance

RMI 301

Corporate Risk Management