2020-21 Catalogs

Minor in Risk Management and Insurance

The insurance industry is very strong in New England and that creates incredibly rewarding career opportunities with a variety of different types of insurance organizations. The minor in risk management and insurance is designed to permit undergraduate majors from outside the School of Business a chance to develop more in-depth knowledge of the risk management process and the insurance industry so they can take advantage of those opportunities. Students may pursue only one School of Business minor.

Students who wish to pursue the minor must complete a declaration form available online on the USM Registration & Scheduling website. The requirements for admission to the minor are completion of at least 12 credits at USM with a grade point average of 2.33 or higher.






The Risk Management and Insurance minor is 15 credits. RMI minors need a 2.33 cumulative grade point average in the five courses taken in the minor. A student may transfer to the minor up to 6 credit hours of comparable courses.


The minor in risk management and insurance is 15 credit hours, including 9 credit hours required in:

RMI 320 Introduction to Risk Management and Insurance

RMI 330 Health, Life and Disability Insurance

RMI 350 Managing Risk with Property and Liability Insurance

And six credits of elective courses - choose any two from the following list:

ACC 110 Financial Accounting Information for Decision Making

ACC 418 Principles of Fraud Examination (ACC 110)

BUS 201 Personal Finance

BUS 280 Legal Environment of Business

BUS 340 Managing Organizational Behavior

BUS 347 Triple Bottom Line Business (BUS 260 and 280, or permission)

CRM 216 White-collar Crime (CRM 100 or permission)

CMS 255 Business and Professional Communication

ITC 100 Introduction to Construction Management

ITP 210 Technical Writing (ENG 100 or permission)

ITP 310 Facility Planning

ITP 350 Teambuilding and Facilitation

ITP 381 Human Resource Development

ITS 300 Ergonomics/Time Study

ITS 320 Occupational Safety and Health

ITT 241 Information and Communication Technologies

LOS 300 Organizational Theory

LOS 301 Group Dynamics LOS 350 Leadership

POS 360 Terrorism and the American Public

PSY 340 Behavior Modification (PSY 101)

SBS 362/LOS 599/HON 299 Introduction to Regulatory Compliance: Applying to Scissors to Red Tape

SWO 374 Sexual Harassment in Education and Work (permission)

SWO 375 Gender and Aging (permission)

TAH 221 Tourism and Hospitality Management

TAH 321 Lodging Operations and Systems (TAT 101 or TAH 221)


Courses may be taken in any order provided individual course prerequisites are satisfied.