Risk Management and Insurance, Bachelor of Business Administration (B.B.A.)
A Bachelor of Business Administration degree in Risk Management and Insurance offers opportunities for graduates to pursue careers with large companies, insurance agencies or the start-up of their own business. A large number of challenging career possibilities are available in all parts of the world, including Underwriters, Claims Adjusters, Risk Analysts, Account Executives, Insurance Sales, and Financial Planners.
Students learn how to plan and evaluate insurance coverage for property, life, and death benefits, analyze and manage risks; plan employee benefit programs for small and large companies, and annuity and estate planning for individuals. Students also learn about operating and managing an insurance agency or large insurance company.
Program Requirements
CIP Code: 52.1701
Summary Checklist for General Education
| Code | Title | Hours |
|---|---|---|
| Element 1 | ||
| A: Written Communication | 3 | |
| B: Written Communication | 3 | |
| C: Oral Communication | 3 | |
| Element 2 | ||
| Quantitative Reasoning | 3 | |
| Element 3 | ||
| A: Arts | 3 | |
| B: Humanities | 3 | |
| Element 4 | ||
| Natural Sciences | 6 | |
| Element 5 | ||
| A: Historical Science | 3 | |
| B: Social Behavioral Science | 3 | |
| Element 6 | ||
| Diversity of Perspectives Experiences | 6 | |
| Total Hours | 36 | |
Students are expected to complete Elements 1 and 2 within their first 60 hours of college credit.
Major
| Code | Title | Hours |
|---|---|---|
| University Graduation Requirements | ||
| General Education | 36 | |
| Student Success Seminar | ||
| BUS 100 | Professional Development One | 1 |
| Upper division courses (42 hrs. distributed throughout Major/Supporting/Gen Ed/Free Electives categories) | ||
| Major Requirements | ||
| Business Core Courses | ||
| Professional Development Series: | ||
| BUS 200 | Professional Development Two | 1 |
| BUS 300 | Professional Development Three | 1 |
| BUS 400 | Professional Development Four | 1 |
| Nature of Business: | ||
| BUS 101 | Nature of Business | 3 |
| Fundamentals Series: Environment and Tools of Business | ||
| Environment of Business | ||
| BUS 204 | Fundamentals of Business Law and Ethics | 3 |
| Tools of Business | ||
| BUS 206 | Fund of Prob Solving w Excel | 3 |
| BUS 207 | Fund of Interpersonal Bus Comm | 3 |
| BUS 209 | Fundamentals of Financial and Managerial Accounting | 3 |
| Essential Series: Functions of Business | ||
| BUS 301W | Essentials of Formal Communication | 3 |
| or BUS 301 | Essentials of Formal Communication | |
| BUS 302 | Essentials of Finance | 3 |
| BUS 303 | Essentials of Org Behav/HR Mgt | 3 |
| BUS 304 | Essentials of MIS | 3 |
| BUS 305 | Essentials of Marketing | 3 |
| BUS 306 | Essentials of Supply Chain Mgt | 3 |
| Mastery of Business: | ||
| BUS 402 | Integrated Strategic Mgmnt | 3 |
| Supporting Course Requirements | ||
| Fundamentals Series: Environment and Tools of Business | ||
| Element 2, three hours, and Element 5B, three hours, included above | ||
| Environment of Business | 3 | |
| Fundamentals of Microeconomics (Element 5B) G | ||
| Fundamentals of Macroeconomics | ||
| Choos one of the following three options: | ||
| Algebra: Polynomials (Element 2) G | ||
| And | ||
| Algebra: Functions & Matrices (Element 2) G | ||
| Or | ||
| College Algebra (Element 2) G | ||
| Or | ||
| Applied Calculus (Element 2) G | ||
| Choose one of the following: | 3-4 | |
| Business Statistics | ||
| Applied Statistics | ||
| Major Core | ||
| RMI 370 | Principles of Risk and Insurance | 3 |
| RMI 372 | Commercial Property Risk Management and Insurance | 3 |
| RMI 374 | Fundamentals of Life and Health Insurance | 3 |
| RMI 378 | Risk Management | 3 |
| MKT 310 | Professional Selling | 3 |
| Choose from nine additional hours of Risk Management and Insurance electives of the following: | 9 | |
| Applied Learning in Insurance (Choose from nine additional hours of Risk Management and Insurance electives of the following or advisor approved electives:) | ||
| Excess & Surplus Lines | ||
| Personal Risk Management | ||
| Claim Handling Principles and Practices | ||
| Business Law for Insurance | ||
| Life Insurance and Estate Planning | ||
| Employee Benefit Planning | ||
| Insurance Company Operations | ||
| Seminar in Insurance (up to a maximum of six hours total) | ||
| Traffic Crash Causation and Investigation | ||
| Law of Contracts, Property, and Business Organizations | ||
| Law of Commercial Transactions | ||
| Small Business Management Innovation and Entrepreneurship | ||
| Personal Money Management | ||
| Entrepreneurial Finance | ||
| Personal Financial Planning | ||
| Principles of Investments | ||
| Community Financial Literacy | ||
| Fire Prevention | ||
| Fire Behavior and Combustion | ||
| Fire Detection and Suppression Systems | ||
| Human Behavior In Fire | ||
| Fire Arson and Explosion Investigation | ||
| Sales Management | ||
| Special Topics in Sales & Marketing | ||
| Introduction to Safety Studies | ||
| Legal Aspects of Occupational Safety | ||
| Principles of Occupational Safety and Health Legislation | ||
| Workers Compensation | ||
| Free Electives | ||
| Choose 13-14 hours of non-business electives | 13-14 | |
| Total Hours | 120 | |
- G
Course also satisfies a General Education element. Hours are included within the 36 hr. General Education Requirement above.