Bachelor of Science (B.S.) in Business with a Concentration in Risk Management and Insurance/Financial Planning Undergraduate Programme By Virginia Commonwealth University |TopUniversities

Bachelor of Science (B.S.) in Business with a Concentration in Risk Management and Insurance/Financial Planning

Main Subject Area

Business and Management StudiesMain Subject Area

Programme overview

Main Subject

Business and Management Studies

Degree

Other

Study Level

Undergraduate

The concentration in risk management and insurance prepares students for careers in the insurance industry on all levels including (but not limited to) underwriting, claims adjusting, employee benefits, risk modeling and analysis, risk management in all sectors of the economy, financial planning, and graduate-level study of risk management. Learning goals The goal of the risk management and insurance concentration is provide students with skills in financial management, risk management and financial planning. Graduates will be able to analyze and communicate findings on complex financial issues. Learning outcomes Upon completing this program: Students will be able to identify risks, measure them and find mitigating solutions using all financial hedging instruments and insurance. The students will use relevant data to measure risks and solutions including design risk/awards and forecasting, loss reserves, frequency and severity. The students will be using appropriate quantitative measures for making informed risk management decisions as well as financial plans. The students will learn how to interpret data and apply the analysis and design they create to various situations. Students will be able to express the analytic, quantitative and ethical dimensions of risks and risk management of firms. Written and verbal communication is stressed in the RMI classes continually and match the analytical and syntheses capabilities. The students learn to create outlines and position the projects with articulation and clarity in mind. This is present throughout all the RMI classes. Students will be able to identify and analyze ethical dimensions of every element in the RMI education. The students will understand and articulate their fiduciary responsibility in each topic and each scenario. Students will develop a global perspective in their courses and especially in the final class (FIRE 479). The global RMI and enterprise risk management are stressed on all levels - the firms themselves, the products, the instruments, the coverage’s, the regulation and the challenges, especially in the era of systemic risk and financial stability on global levels for multinational firms. Students in the RMI/financial planning concentration will develop in-depth knowledge and skills in the personal aspects of RMI while covering corporate RMI in less depth. The skills and emphasis will be in the area of financial planning solutions for life cycle risks with added knowledge in financial investing decisions for retirement, taxation and estate planning. The students learn to use financial models for personal RMI solutions.

Programme overview

Main Subject

Business and Management Studies

Degree

Other

Study Level

Undergraduate

The concentration in risk management and insurance prepares students for careers in the insurance industry on all levels including (but not limited to) underwriting, claims adjusting, employee benefits, risk modeling and analysis, risk management in all sectors of the economy, financial planning, and graduate-level study of risk management. Learning goals The goal of the risk management and insurance concentration is provide students with skills in financial management, risk management and financial planning. Graduates will be able to analyze and communicate findings on complex financial issues. Learning outcomes Upon completing this program: Students will be able to identify risks, measure them and find mitigating solutions using all financial hedging instruments and insurance. The students will use relevant data to measure risks and solutions including design risk/awards and forecasting, loss reserves, frequency and severity. The students will be using appropriate quantitative measures for making informed risk management decisions as well as financial plans. The students will learn how to interpret data and apply the analysis and design they create to various situations. Students will be able to express the analytic, quantitative and ethical dimensions of risks and risk management of firms. Written and verbal communication is stressed in the RMI classes continually and match the analytical and syntheses capabilities. The students learn to create outlines and position the projects with articulation and clarity in mind. This is present throughout all the RMI classes. Students will be able to identify and analyze ethical dimensions of every element in the RMI education. The students will understand and articulate their fiduciary responsibility in each topic and each scenario. Students will develop a global perspective in their courses and especially in the final class (FIRE 479). The global RMI and enterprise risk management are stressed on all levels - the firms themselves, the products, the instruments, the coverage’s, the regulation and the challenges, especially in the era of systemic risk and financial stability on global levels for multinational firms. Students in the RMI/financial planning concentration will develop in-depth knowledge and skills in the personal aspects of RMI while covering corporate RMI in less depth. The skills and emphasis will be in the area of financial planning solutions for life cycle risks with added knowledge in financial investing decisions for retirement, taxation and estate planning. The students learn to use financial models for personal RMI solutions.

Admission Requirements

80+
6+
Other English Language Requirement: Test of English as a Foreign Language (TOEFL): 550 PBT.

Jan-2000

Tuition fees

Domestic
0 USD
International
0 USD

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