Degree Requirements
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 (See Curricula): six courses
Variable courses (See Curricula): six to nine courses
Integrated Learning Component (ILC): three course, including:
Required:
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ECN 102 |
Macroeconomics |
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MAT 119 |
Applied Business Calculus |
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Or |
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MAT 156 |
Applied Calculus II |
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Or |
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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 including
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Concepts of Financial Accounting |
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Managerial Accounting |
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Introduction to Information Systems |
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Business Statistics |
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Quantitative Methods for Business |
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Introduction to Finance |
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Essentials of Organizational Behavior or Essentials of Management |
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Legal Environment of Business |
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Principles of Marketing |
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Business Policy |
Major Concentration: six courses
Required Courses
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Introduction to Insurance |
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Property and Casualty |
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Risk Management |
Electives in major:
three courses including one in RMI and two additional from the following:
Risk Management and Insurance
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Life and Health RM |
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Topics in RMI |
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Individual Research |
Finance
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Markets & Institutions |
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Intermediate Finance |
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Investments |
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International Finance |
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Small Business Finance |
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FIN 304-305 |
Honors Research |
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Mergers & Acquisitions |
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Student Managed Funds |
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Portfolio Management |
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Derivative Securities |
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Selected Topics |
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Individual Research |
Financial Planning
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Personal Financial Planning |
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Retirement Plan |
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Estate Planning |
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Topics in Financial Planning |
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Individual Research |
Risk Management and Insurance Minor Requirements: six courses
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ACC 101 |
Financial Accounting |
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FIN 200 |
Introduction to Finance |
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RMI 200 |
Introduction to Insurance |
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RMI 300 |
Property and Casualty Insurance |
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RMI 301 |
Risk Management |
One elective:
This elective must come 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: Financial Accounting (ACC 101) and Introduction to Finance (FIN 200). These two courses can be double-counted toward a student’s major, and do not have to be replaced in the minor. Students are responsible for completing the prerequisites to these courses outside 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:
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ACC 101 |
Financial Accounting |
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FIN 200 |
Introduction to Finance |
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FIN 300 |
Intermediate Finance |
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RMI 200 |
Introduction to Insurance |
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RMI 300 |
Property and Casualty Insurance |
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RMI 301 |
Corporate Risk Management |
