2013-14 Catalogs

BS in Business Administration - General Management Major with Risk Management and Insurance Track

The risk management and insurance track prepares students for careers in the insurance industry (including insurance carriers and underwriters, insurance agencies or brokerages, insurance service fields) and its allied fields, such as banking, financial planning, accounting, real estate, stockbrokerage, and third party administration. Students learn a blend of theoretical and practical concepts and apply this knowledge to risk management and insurance. The program develops analytical and critical thinking skills that will aid students throughout their careers.

What do risk management and insurance careers look like?
Although the insurance industry employs millions in the U.S., the careers that can be found in risk management and insurance still fly under the radars of many students. Those who land jobs in this industry tend to stay for a reason. The industry is relatively more stable than most others and the opportunities within it are thriving as the U.S. population ages, wealth grows, and new risks evolve. That you help individuals and businesses protect themselves against catastrophic losses and help them anticipate the next big risk can make careers in risk management and insurance personally fulfilling. Depending on your specific job, you may be in a position to help clients understand their risks, advise them about the options they have to manage those risks, and help them explore different ways to finance and control the risks.

Looking for more information about our Risk Management and Insurance program?  Contact Dr. Dana Kerr, CPCU, ARM at 207.780.4059 or dkerr@usm.maine.edu

Learn about our programs from RMI majors.

In addition to the requirements listed in the BS, the following requirements apply to the Risk Management and Insurance Track:

Students must earn a grade point average of 2.33 or higher in the 15 credits applied toward the major.

Requirements:
     RMI 320 Introduction to Risk Management and Insurance
     RMI 330 Health, Life, and Disability Insurance
     RMI 350 Managing Risk with Property and Liability Insurance
     Select 6 credits of 300-level or higher ACC, BUS, ECO (310 only), FIN or RMI courses, including - RMI 395 Internship in Insurance.