School of Business
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.
Program Requirements
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)
Course Sequence
Courses may be taken in any order provided individual course prerequisites are satisfied.