Insurance and Risk Management (INRM-BS-BU)

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Insurance and Risk Management INRM-BS-BU

College(s): Business

Required Courses		Credit Hours
BUSINESS CORE
ACCT 201	Principles of Accounting 1	3
ACCT 202	Principles of Accounting 2	3
BLAW 321	Contracts and Sales	3
BUSN 499	Integrating Experience	3
FINC 322	Financial Management 1	3
ISYS 321	Business Information Systems	3
MGMT 301	Applied Management	3
MGMT 370	Quality-Operations Mgmt	3
MKTG 321	Principles of Marketing	3
STQM 260	Introduction to Statistics	3
MAJOR
BLAW 325	Real and Personal Property	2
BLAW 350	Insurance Law	3
INSR 243	Prin of Risk Mgmt-Insurance	3
INSR 284	Personal Insurance	3
INSR 308	Insurance Company Operations	3
INSR 338	Property-Casualty Insurance	3
MGMT 338	Employee Benefits	3
Select Four Classes from the following:
FINC 300	Mathematics of Finance	3
MGMT 302	Team Dynamics - Org Behavior	3
MGMT 315	Entrepreneurial Strategy-Plan	3
MGMT 350	Mgmt Metrics & Decision Making	3
MGMT 373	Human Resource Management	3
MGMT 375	Negotiations	3
MGMT 491	MGMT Internship	3
Directed Electives		9
Additional:
ISYS 105	Intro Micro Systems-Software	3
*	Free Elective	3
UNIVERSITY GENERAL EDUCATION
Communication Competence
COMM 121	Fundamentals-Public Speaking	3
ENGL 150	English 1	3
ENGL 250	English 2	3
ENGL 325	Advanced Business Writing	3
Scientific Understanding
*	Lab Science Elective	3
*	Science Elective	3 - 4
Quantitative Skills
Choose One:
MATH 115	Intermediate Algebra	3
Or
MATH 116	Intermediate Algebra-Num Trig	4
Cultural Enrichment
*	Electives (One must be at the 200 level)	9
Social Awareness
ECON 221	Principles of Macroeconomics	3
ECON 222	Principles of Microeconomics	3
*	Social Awareness Elective	3
College of Business Additional General Education:
Choose one:
COMM 251	Argumentation and Debate	3
Or
COMM 332	Persuasive Speaking	3
Or
COMM 336	Tech and Prof Presentation	3
General Education Electives		6
Minimum credit hours required for B.S. degree		120 - 121

Why Choose the Insurance and Risk Management BS Degree?

The Insurance program offers students a wide array of career choices in a dynamic and growing industry. The goals of this program are to provide students with a well rounded, broad based business education, complimented with a carefully designed insurance concentration. Areas of study include: real property, personal property, risk management, marketing, sales, customer service, casualty, employee benefits, law, probability, life, health, annuities, and pensions. Students will also be able to obtain practical, on the job experiences by experiencing an internship as part of their course of study.

The Insurance professors have solid academic credentials, and years of practical experience within the industry. The business faculty adds to this exciting field of study by combining their corporate, consulting, and academic experience that will enable them to deliver the courses in a practical and understandable fashion.

Career Opportunities

Employers are eager to hire qualified graduates. Opportunities include positions as agents, field representatives, underwriters, and claims representatives. There are also a wide variety of positions in technology, finance, accounting, marketing, and statistics. Graduates have demonstrated a very high level of job satisfaction, opportunities for creativity, advancement, and excellent growth of income. With the recognition of this program by many national and global insurance organizations, graduates will also have the opportunity to work in various areas of America, and in other countries.

This degree will prepare students for an exciting career within the insurance industry, and it will also provide students with the balance of managerial courses that will prepare them for supervision, management, and leadership roles.

Admission Requirements

New Students: 2.5 GPA (on a 4.0 scale) from high school and two of the following three criteria: (1) English ACT score of 16 or higher, or English SAT score of 370 or higher; (2) Math ACT score of 19 or higher, or Math SAT score of 460 or higher; (3) Reading ACT score of 19 or higher, or Verbal SAT score of 430 or higher.

Transfer Students: Combined college or university GPA of 2.35 (on a 4.0 scale) from all institutions attended, and the following criteria: (1) transfer equivalency for ENGL 150 or placement in ENGL 150 the first semester at FSU which would require an English ACT score of 16 or higher; (2) transfer equivalency for FSU MATH 115 or placement in MATH 115 the first semester at FSU which would require a Math ACT score of 19 or higher.

Exceptions: Applicants not meeting the above criteria (new or transfer students) for direct admission, but still meet Ferris State University admission criteria, will be placed in the Pre-Business program until the admission criteria are met. Any mitigating circumstances will be considered on an individual basis by the College of Business Dean’s Office.

Graduation Requirements

The Insurance & Risk Management program at Ferris leads to a Bachelor of Science degree in business. Graduation requires a minimum 2.0 GPA in business core classes, the major courses and overall.

More Information

Ferris State University
College of Business
Management Department
119 South Street, BUS 212
Big Rapids, MI 49307
Phone: 231-591-2427
Email: MGMT@ferris.edu

The College of Business is accredited by the Accreditation Council for Business Schools and Programs (ACBSP) Next Accreditation Review is February 2018.
http://www.acbsp.org/p/st/ld/&sid=s1_001