Bachelor of Business Administration in Risk Management and Insurance
Chair: Dr. Ghirmay S.Ghebreyesus
Administrative Coordinator III: Ms. Adelea Holmes
Professors: Dr. Peter Kochenburger
Director/Instructor: Mr. Sherman Pittman
Risk Management and Insurance is an applied program with solid ground in theory and applications. The program is designed to provide students with an educational experience focused on career skills in risk management and insurance services. Through a major in Risk Management and Insurance students will understand risk management techniques and insurance coverage and be equipped with vital risk management tools for application to a wide variety of real-world situations and career pathing opportunities.
This program is an extension of existing Risk Management and Insurance concentration we already have in the Finance degree program. Four courses are part of the concentration: FINC 335B Fundamentals of Risk and Insurance; FINC 445B Life Insurance and Professional Financial Planning; FINC 446B Employee Benefits; and, FINC 447B Property and Liability Insurance. These courses, taught by faculty and industry professionals, attracted students from major service areas of our university.
This program has been developed in collaboration with Alliant Insurance Foundation, Spencer Educational Foundation as well as the Louisiana Department of Insurance. These organizations have been providing financial and technical support to develop a Risk Management and Insurance program in the College of Business. The Louisiana Department of Insurance provided $430,000 in financial support to enhance and recruit students for the Risk Management and Insurance concentration. The Department of Insurance helped several of our students to get internship opportunities with major insurance companies. Together with the Department of Insurance, we held several workshops and training programs to develop interest in the program. In 2022, Alliant Insurance Foundation awarded a grant of $1,405,000 to the College of Business to develop a major in Risk Management and Insurance. This is a three-year grant award to develop a cohesive Risk Management and Insurance curriculum and for students’ recruitment, scholarships, marketing and promotion, and other activities. Spencer Educational Foundation is also providing technical support and guidance in all aspects of the creation and management of this program
Degree Requirements
DEGREE REQUIREMENTS
Bachelor of Business Administration in Risk Management and Insurance consist of 122 credit hours (general education, 41 credit hours; general business education, 21 credit hours; core business courses, 30 credit hours; and courses in the major field, 30 credit hours). The following are the required courses and electives of Risk Management and Insurance.
First Year
First Semester
Second Semester
Second Year
First Semester
| SACC 211B | Financial Accounting Principle | 3 |
| SPHY 102B | Physical Science I | 3 |
| SECO 222B | Prin of Economics II | 3 |
HIST
| History Requirement | 3 |
| CMPS 291B | Advanced Techniques Using Spreadsheets | 3 |
| Total Credit Hours: | 15 |
Natural Science Requirement Recommendation:
SPHY 102B OR CHEM 131B
SHIS or HIST (200 Level or Above)
Second Semester
Third Year
First Semester
Second Semester
Fourth Year
First Semester
Risk Management and Insurance Elective Requirement (Please select one):
RSIN 450B: Social Insurance
RSIN 451B: Insurance Regulations
RSIN 452B: Introduction to Actuarial Science
RSIN 453B: Internship in Risk Management and Insurance
RSIN 455B: InsurTech Venturing
Second Semester
| RSIN 449B | Cyber Security Risk Management and Insurance | 3 |
| RSIN 454B | Seminar in Risk & Insurance | 3 |
RSIN
| Risk Management and Insurance Elective | |
| MGMT 490B | Strategic Management | 3 |
| MGMT 360B | Legal Environ of Business | 3 |
| Total Credit Hours: | 15 |
Risk Management and Insurance Elective Requirement (Please select one):
RSIN 450B: Social Insurance
RSIN 451B: Insurance Regulations
RSIN 452B: Introduction to Actuarial Science
RSIN 453B: Internship in Risk Management and Insurance
RSIN 455B: InsurTech Venturing