Risk Management & Insurance

Prerequisites General Business:

Students are required to hold a previous BBA or master’s degree in business OR take two business courses from outside the Actuarial Science, Risk Management and Insurance (ASRMI) and Finance Departments.

Foundation

The foundation preparation required of the doctoral candidate at the School of Business majoring in Risk Management and Insurance includes:

1. Actuarial Science, Risk Management and Insurance

  • GEN BUS 805: Introduction to Decision Theory
  • GEN BUS 806: Advanced Statistical Methods
  • RMI 700: Principals of Risk Management
  • RMI 920: Seminar in Actuarial Science, Risk Management & Insurance I
  • RMI 930: Seminar in Actuarial Science, Risk Management & Insurance II

    And at least one of the following:
  • RMI 610: Property Risk Management
  • RMI 615: Liability Risk Management
  • RMI 620: Employee Benefits Management
  • RMI 630: Life and Health Insurance
  • RMI 815: Risk Financing Techniques

2. Economics

  • Econ 711: Economic Theory-Microeconomic Sequence
  • Econ 302: Intermediate Macroeconomic Theory
  • Econ 709: Economic Statistics and Econometrics I
  • Econ 710: Economic Statistics and Econometrics II

3. Statistics

  • Stat 309: Introduction to Statistical Methods
  • Stat 310: Introduction to Mathematical Statistics

4. Finance

  • Two courses at the 800 level or higher.

5. Minor Program

All students must complete a minor program of 10 credits in a department other than the School of Business (external minor) or a combination of courses from major departments within and outside of the School of Business.