Risk Management and Insurance, B.B.A.

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Program Academic Regulations

Degree Requirements

Focus on Insurance Track Required Major Courses

Students who lack broad knowledge of insurance principles, markets, and institutions are strongly encouraged to begin their course of studies with RMI 3500 .

RMI 3500 - Principles of Risk Management and Insurance 3 Credit Hours
RMI 4020 - Property and Liability Insurance 3 Credit Hours
RMI 4300 - Risk Management 3 Credit Hours
RMI 4000 - Personal Financial Planning 3 Credit Hours
RMI 4700 - Insurance Operations 3 Credit Hours

and pick one of the following:

RMI 4010 - Life Insurance 3 Credit Hours
RMI 4015 - Contracts Risk Analysis 3 Credit Hours
RMI 4530 - Employee Benefit Plans 3 Credit Hours
RMI 4391 - Risk Management and Insurance Field Study 1 to 3 Credit Hours
RMI 4530 - Employee Benefit Plans 3 Hours
RMI 4025 - Law, Policy and Risk Regulation 3 Credit Hours
FI 4020 - Financial Analysis and Introduction to Loan Structuring 3 Credit Hours
LGLS 4050 - Legal Transactions and Risk 3 Credit Hours

Focus on Quantitative Risk Management Track Major Courses

These courses should be taken in the following order, but please speak to the Departmental Advisor to obtain advise about sequencing.

RMI 3750 - Risk Modeling 3 Credit Hours
RMI 4150 - Theory of Risk 3 Credit Hours
RMI 4005 - Introduction to Risk Analytics and Applications 3 Credit Hours
RMI 4035 - Financial Risk and Regulation 3 Credit Hours
FI 4000 - Fundamentals of Valuation 6 Credit Hours
RMI 4045 - Advanced Financial Risk Management 3 Credit Hours
RMI 4990 - The Risk Analysis Clinic 3 Credit Hours

Other Required Courses for Risk Analysis Track:

MATH 1220 must be taken in place of the non-RCB electives. For students with appropriate mathematics background, MATH 1220 should be taken in core area A in place of MATH 1111 (college algebra) or in place of MATH 1113 (precalculus) in core Area D.
Students who make one or both of these substitutions will choose one or two non-RCB electives, as appropriate. RMI 3750 must be completed with a grade of C or higher. ECON 4950 is a prerequisite to RMI 4050 and should be included as a Non-RCB elective.

It is highly recommended that new RMI majors with an interest in risk analysis consult with their major adviser at their earliest convenience so that an efficient program can be constructed in accordance with the unique nature of the track and course scheduling requirements.

If students cannot take the Risk Analysis Clinic due to timing or availability issues, the Departmental Advisor will suggest an acceptable substitute elective.

Obtaining a letter of completion for the Risk Analysis track is based on completion of all the recommended courses.