Risk Management & Insurance, Minor

Minor in Risk Management & Insurance (640003M)

The professional opportunities in risk management and insurance are expanding rapidly. This program provides an opportunity for students to earn a recognized credential in RMI while completing another major at the University.

Requirements for Admission

Students must be admitted into a 4-year major program.

College of Business Undergraduate Programs
http://www.uakron.edu/business/advising 
(330) 972-7042 
businessadvising@uakron.edu 
College of Business room 260

The following information has official approval of The Department of Finance and The College of Business, but is intended only as a guide. Completion of this minor is contingent upon many factors, including but not limited to: class availability, total number of required credits, work schedule, finances, family, course drops/withdrawals, successfully passing courses, prerequisites, among others.

Please refer to the University Requirements for Minor Areas of Study for specific graduation information regarding minors.

Summary

Required Courses12
Electives6
Total Hours18

Required Courses

RMI 414Risk Managment: Property and Casualty 13
RMI 415Risk Management: Life and Health Insurance 13
RMI 418Insurance Operations (Fall only) 13
RMI 461Enterprise Risk Management (Spring only)3
Total Hours12

Electives

Select two of the following:6
ECON 380Money & Banking
or FIN 338 Financial Markets & Institutions
ECON 410Intermediate Microeconomics
ECON 427Economic Forecasting
STAT 471Introduction to Actuarial Science
STAT 472Actuarial Models
BLAW 323International Business Law (Spring only)
FPL 200Foundations of Personal Finance
FIN 300Introduction to Finance 2
or FIN 301 Principles of Finance
FIN 302Intermediate Corporate Finance
FIN 341Contemporary Investments
or FIN 343 Investments
FIN 436Commercial Bank Management 1
FIN 437International Business Finance 1
FIN 438International Banking 1
FIN 448Advanced Portfolio Management
FIN 473Financial Statement Analysis 1
FIN 489Advanced Financial Analytics
FIN 490Selected Topics in Finance 1
FIN 495Research Project in Finance 1
FIN 499Independent Study: Finance 1
RMI 460Risk and Insurance Analytics
HRM 341Human Resource Management
SALES 275Professional Selling
Total Hours6
1

Must be admitted to 4 year degree granting major.

2

MATH 145 Algebra for Calculus (or higher level courses MATH 149 Precalculus MathematicsMATH 215 Concepts of Calculus or MATH 221 Analytic Geometry-Calculus I is a required prerequisite for this course. If MATH 145 has not already been taken, please consult with your academic advisor regarding placement into this course. If students do not place into MATH 145, they may be required to take additional courses in the Math sequence in order to take MATH 145. Statistics courses such as STAT 250 and STAT 260 are not appropriate substitutions or prerequisites for 3450:145.

For more information on UA’s placement testing services, please call 330.972.6511, email testing@uakron.edu or visit Schrank Hall North room 153.