Risk Management & Insurance
Ranked 11th in the country by U.S. News & World Report
Risk Management and Insurance focuses on methods of developing financial protection against loss with emphasis on insurance principles, solving risk management problems, and socioeconomic security programs. This major has become a greater focus for the Darla Moore School of Business over the last several years as companies have increasingly faced more challenges around the globe.
There are a number of insurance scholarships available for undergraduate students majoring in risk management and insurance and in actuarial mathematics. Applications for the 2015-16 academic year are due on March 6, 2015. Click here to download the application. The deadline for the 2015-16 academic year has passed. The new scholarship application will go online in January 2016.
Careers in Risk Management and Insurance
Graduates with degrees in risk management and insurance are employed as:
- Underwriters in life, health, or property and casualty insurance industries
- Insurance brokers
- Investment analysts
- Risk managers for insurance companies and multinational corporations
- Marketing representatives for companies in life, health or property and casualty insurance industries
US News & World Report ranks our program 11th in the country.
Gamma Iota Sigma
Join Gamma Iota Sigma and get more involved with the risk management and insurance community.
See below for a listing of the undergraduate risk management and insurance courses. And here's a Sample Syllabus.
FINA 341 – Management of Risk and Insurance
This course covers basic principles of risk management and insurance, such as the risk management process, law of large numbers, role of insurer capital, organizational structure of insurance companies, insurance pricing, solvency and price regulation, moral hazard, adverse selection, contractual provisions, legal doctrines, loss control, legal liability and various public policy issues.
FINA 442 – Life Insurance
This course provides an in-depth analysis of various life and health (L&H) insurance contracts, the management of L&H insurers, and current public policy issues related to the L&H insurance industry.
FINA 443 – Property & Liability Insurance
This course provides an in-depth analysis of various property and casualty (P&C) insurance contracts, the management of P&C insurers, and current public policy issues related to the P&C insurance industry.
FINA 469 – Investment Analysis and Portfolio Management
This course provides an overview of the various investment instruments available in the market place, portfolio theory and the valuation models used to price securities.
FINA 490 -- Property and Casualty Insurance Operations
FINA 444 – Corporate Risk Management
This course covers how corporate risk management can add value, models for measuring and assessing risk (e.g., value at risk), various methods of managing risk, including mitigation, insurance, derivatives and alternative risk transfer.