RISK MANAGMENT & INSURANCE CURRICULUM

Graduation Requirements for Concentration in Risk Management & Insurance

FINN 3271 Principles of Risk Management and Insurance

FINN 3272 Life Insurance and Professional Financial Planning

FINN 3273 Property and Casualty Insurance

FINN 3275 Advanced Risk Management and Insurance

And one (1) additional course from the following:

FINN 3276 Employee Benefits

FINN 3222 Investments

MKTG 3213 Personal Selling and Sales Management

MGMT 3277 Entrepreneurship

Students selecting the above track will receive a Bachelor of Science in Business Administration degree with a Major in Finance.

In addition to completing the College core and mathematics/statistics (6 hours) requirement: MATH 1120; ACCT 2121; ECON 2101; ECON 2102; STAT 1220; INFO 2130; ECON 3125; OPER 3100; MKTG 3110; FINN 3120; INFO 3130; MGMT 3140; BLAW 3150; MGMT 3160 AND MGMT 3280 = 48 HOURS,


Risk Management and Insurance Concentration Majors must complete 15 hours of course work in the concentration presented above and have a GPA of at least 2.0 in all hours attempted for the College of Business (48 hours shown above).  No course may be repeated more then twice.

FINN 3271 Principles of Risk Management and Insurance (3)

A study of the different types of nonspeculative risks faced by individuals and businesses and the possible alternative methods of treating such risks. An examination of the specific application of these methods with regard to life health, property, casualty and liability contracts. (Fall, Spring)

FINN 3272 Life Insurance and Professional Financial Planning (3)

This course explains the uses of life insurance, annuities, health insurance and Social Security in the financial planning context. It explains the integration of social security benefits, employer-provided benefits, and individually purchased life insurance and investments into comprehensive financial plans. Students successfully completing this course should understand the need for and main techniques of financial planning in contemporary U.S. society. (Fall, Spring)

FINN 3273 Property and Casualty (3)

Involves an analysis of the needs of business and individuals for property and casualty insurance and the nature of coverage available. Includes an examination of property and casualty insurance products with an emphasis on contract language, case law, the use of contracts, the type of coverage afforded, and underwriting procedures. (Fall)

FINN 3275 Advanced Risk Management (3)

Provides an in-depth analysis of techniques that firms can use to handle non-speculative pure risks. Risk handling devices and how they are applied to business problems are discusses. Some of the techniques examined include self-insurance, captives, financial instruments, and retentions. Included is an analysis of loss data and how it can be utilized to select a risk handling technique. (Fall, Spring)

FINN 3276 Employee Benefits (3)

Provides an analysis of group plans (e.g.: medical, life, disability and retirement), stock option plans, profit sharing plans and statutory benefits (e.g.: workers' compensation and social security). Includes a review of legislation affecting these plans. Non-traditional plans (e.g.: child care, flex time, wellness programs) are also examined. (Spring)

FINN 3222 Investments (3)

Prerequisite: FINN 3120. Major topics are security analysis and portfolio management. The viewpoint is that of the investment professional concerned with evaluation of individual securities and management of security portfolios. (Fall, Spring, Evening)

MKTG 3213 Professional Selling and Sales Management (3) 

Prerequisite: MKTG 3110. An overview of skills and knowledge involved in individual selling and management of sales programs. Emphasis on sales and sales management theories and their applications. (Fall, Spring)

MGMT 3277 Entrepreneurship (3)

Prerequisite: INFO 2130. Review of the processes by which continuous and discontinuous innovations are developed into intellectual property and then utilized as the basis for intellectual property commercialization.  Cognitive aspects of innovation and creativity are covered as well as issues with patents, copyrights, trademarks, and intellectual property protection.  the course presents a commercialization model by which innovations are developed into commercial products. (Fall)