Overview
The minor in Risk Management and Insurance introduces students to the insurance industry and financial risk management through coursework exploring underwriting, pricing, investment policies, and loss control strategies. Students examine how to identify, assess, and manage risks facing financial institutions, corporations, and individuals while learning about insurance company operations and regulatory frameworks. Advanced electives allow exploration of specialized topics in property and casualty insurance, life insurance, and enterprise risk management.This minor complements majors in business, finance, accounting, or any field where understanding risk assessment and mitigation strengthens career readiness. Students gain competencies valued in diverse sectors including insurance companies, banks, securities firms, pension funds, and corporate risk management departments.
Program at a Glance
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On campus
Courses & Requirements
Summary of Requirements
Requirements for a Minor in Risk Management and Insurance:
To declare a minor in RMI, students must complete:
- BUS 101
- BUS181
The minor in Risk Management and Insurance consists of a minimum of 15 credit hours. Students must take RMI 201 and RMI 301, plus three advanced (300- or 400-level) courses. The specific course of study will be determined in consultation with the student’s faculty advisor in the Department of Business.
Job Outlook
Insurance Occupations (Actuary, Auditor, etc.)
The employment of Insurance professionals is expected to decline by a -3% rate from 2024-2034, with an average annual salary of $79,880. Learn more about career opportunities in the business and financial industries.
Financial Analyst
The employment of Financial Analysts is expected to grow by a 6% rate from 2024-2034, with an average annual salary of $101,910. Learn more about career opportunities in the business and financial industries.
Admissions
Learn about Gallaudet’s admissions requirements, steps to apply, application deadlines and more at our Undergraduate Admissions page.
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Contact
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