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

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

Program 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.

Program 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+

Tuition fee and scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
opportunities

Where to look for scholarship opportunities

how_to

How to apply to scholarships relevant to you

list

A list of available scholarships around the world

checklist

A scholarship application checklist

banner
download_icon Download Scholarship Guide

More programs from the university

RICHMOND, Va., (Feb. 1, 2006) – Virginia Commonwealth University is one of eight universities nationwide that has earned designation as a National Academic Center of Excellence on Youth Violence Prevention from the Centers for Disease Control and Prevention.The centers serve as models for the prevention of youth violence and foster an environment that encourages collaborations among health scientists, social scientists and the community with the common goal of reducing violence among youth.“VCU’s designation as a Center of Excellence on Youth Violence Prevention is a significant honor that speaks to the expertise, initiative and dedication of our faculty and staff who are committed to addressing youth violence prevention,” said Stephen D. Gottfredson, VCU’s provost and vice president for academic affairs. The VCU center, newly named the VCU Clark-Hill Institute for Positive Youth Development, will provide a basis for extending current efforts in the areas of youth violence research and community engagement. Faculty and researchers from the VCU Center for Promotion of Positive Youth Development and the VCU Center for the Study and Prevention of Youth Violence will be working together to develop and implement community response plans and to evaluate strategies for preventing youth violence.“Given the highly competitive nature of the selection process, the CDC’s selection of VCU represents a strong endorsement of the collaborations that have been established between VCU and the community,” said Albert D. Farrell, Ph.D., professor of psychology at VCU and the institute’s director.The institute also represents the types of efforts that VCU Community Solutions supports in strengthening VCU’s work on critical social issues in the community.The VCU Clark-Hill Institute for Positive Youth Development recognizes the contributions to the field of adolescent development by Maxine L. Clark, Ph.D., a former associate professor of psychology at VCU, and John P. Hill, Ph.D., former chair of the VCU Department of Psychology. Clark, who died in 1995, was involved with research that broadened the understanding of the development of African American adolescents and the role of culture in development. Hill, who died in 1988, was an acclaimed scholar in the field of adolescence. His conceptual and theoretical work shapes much of current teaching and understanding of adolescent psychology. In addition to VCU, the other CDC-funded centers of excellence are at Columbia University; Harvard University; Johns Hopkins University; the University of Hawaii; the University of California’s Berkeley and Riverside campuses; and the University of Illinois’ Chicago campus. VCU psychology, psychiatry, epidemiology and community health faculty involved with the new center include: Robert Cohen, Ph.D., associate director; Kevin Allison, Ph.D., director of community mobilization; Wendy Kliewer, Ph.D., director of training and mentoring; Saba Masho, M.D., director of community surveillance; Aleta Meyer, Ph.D., and Terri Sullivan, Ph.D., research faculty; Torey Edmonds, community liaison; and Anne Greene, director of operations. Elizabeth Erwin, Ph.D., is the director of qualitative inquiry and is from the University of Virginia School of Nursing

Undergrad programs 654