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Risk Management and Insurance Program

Program Goals and Objectives

GOALS

The primary goal is to provide students with a conceptual knowledge and skills in risk management and insurance and expose them to real world settings by enhancing their analytical and critical thinking skills and preparing them for careers as underwriters, claim adjusters, agents or brokers, etc. in the insurance industry as well as careers in risk management in financial institutions and elsewhere.

OBJECTIVES

Risk Management and Insurance students will:

  1. Demonstrate knowledge of conceptual framework for making risk management decisions to increase business value and individual welfare. Describe risk-shifting through pooling and key features of insurance markets and understand the effects of the rationale for public policies that affect risk and its allocation.
  2. Analyze the essential details of insurance contracts and insurance markets.
  3. Interpret the relationship between risk management and other functional areas, including marketing, management, quantitative analysis, accounting, finance, and general business operations.