The insurance program emphasizes effective teaching and student involvement in learning. Highly regarded scholars teach courses sharing professional experiences and academic research with their students.
Approximately one-half of the 120 semester hours required for the undergraduate degree in business is mainly earned during the first two years of study and are in the liberal arts, sciences, humanities and fine arts.
Specialization in the insurance and financial services area occurs in the junior and senior years with courses in life and health, property, liability, risk management, financial planning, insurance company operations and insurance law. Undergraduates who major in insurance and risk management are required to complete 24 semester hours of insurance and a student pursuing a minor is in need of 12 semester hours of insurance courses.
It is appealing for many students to double major in insurance with a complementary second major of finance, marketing, or business administration for example or also to combine their interests with such disciplines as actuarial science, health sciences, loss control, accounting, management, law, investments, applied computer science or economics.
Take a quick look at the Insurance and Finance double major course overlap if you are considering a career in the Insurance or Finance industry.
An actuarial science major is offered through the Department of Mathematics. The major is designed to prepare actuaries for work in the insurance industry or as consultants dealing with the risk of potential financial losses. Graduates of the program are prepared for an actuarial career in either the property and casualty field or the life and health field.
The curriculum is balanced to provide the content for some professional exams conducted by the Casualty Actuarial Society and the Society of Actuaries. In addition to traditional mathematics and statistics courses that prepare students for early actuarial exams, the actuarial curriculum includes the following:
The major also requires an accounting course, a sequence in micro- and macroeconomics, "Legal Environment of Business," and "Introduction to Risk and Insurance." Students have an opportunity to complete a full-time, paid internship during their senior years.
For more information, view the Actuarial Science website.