The Insurance and Risk Management major provides students with basic competency in the functional areas of insurance and risk management. The program provides students with an educational foundation that is needed to prepare for professional exams and national licenses in individual and commercial insurance, and risk management. This major combines the applications of analytical skills to the challenges in the commercial insurance industry. This program leads to careers in business, insurance, and risk management.
For department information or additional degree requirements, go to the Business, College of department page.
For related information from the Bureau of Labor Statistics, http://www.bls.gov/ooh/business-and-financial/financial-analysts.htm
| Total Credits Required | 120 |
| General Education |
30-40
|
| Business Core* | 32 |
| ACT 230 Principles of Accounting I | 4 |
| ACT 240 Principles of Accounting II | 4 |
| FIN 351 Financial Management I | 4 |
| MGT 221 Business Law I: Legal Environment of Business | 4 |
| MGT 240 Organizational Behavior and Management | 4 |
| MGT 325 Operations Management | 4 |
| MGT 344 Managerial Communication | 4 |
| MKT 230 Introduction to Marketing | 4 |
| Insurance and Risk Management Core | 32 |
| CIS 222 Quantitative Business Problem Solving | 4 |
| CIS 440 Management Information Systems | 4 |
| FIN 201 Introduction to Risk Management | 4 |
| FIN 375 Commercial Insurance | 4 |
| FIN 433 Insurance Operations | 4 |
| MGT 436 Strategic Management | 4 |
| Electives | 8 |
| Choose two courses from the ACT, EC, FIN, MA, MGT prefixes.** | |
| Other Required Courses | 8 |
| EC 201 Microeconomic Principles | 4 |
| EC 202 Macroeconomic Principles | 4 |
| General Education Requirements | |
| MA 113 Finite Mathematics [QUAR] | 4 |
| DATA 109 Introduction to Statistics [QUAR] | 4 |
| PSY 100 Introduction to Psychological Science [SCII] | 4 |
| SO 101 Introductory Sociology [PERS] or | 4 |
This major does not require a minor.
* Courses in business core cannot be double counted toward another major or minor.
** Courses will be chosen with consent of the adviser.
Bulletin Year:
2022 - 2023 Undergraduate Bulletin
| View the current NMU Catalog.