2020-2021 Catalog (Current)

Risk Management and Insurance

Degree Type: Bachelor of Science
College(s): College of Business

Program Requirements

Risk Management and Insurance, BS Program Checksheet

Includes:

  • Major Courses and General Education Courses
  • Admission and Transfer Requirements
  • Graduation Requirements

Why Choose the Risk Management and Insurance BS Degree? - Program Spotlight

The Risk Management and 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, complemented with a carefully designed risk management and insurance concentration that includes flexibility for students to create their own area of emphasis. Areas of study include: personal and commercial insurance, risk management, marketing, sales, customer service, employee benefits, law, insurance company operations, probability, life insurance, health insurance and annuities. Students will also be able to obtain practical, on the job experiences by experiencing an internship as part of their course of study.  In addition, students can earn exam waivers toward the coveted Chartered Property & Casualty Underwriter (CPCU) designation, and may also obtain their property and casualty producers license.


The Risk Management and Insurance faculty 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, claims representatives, loss control professionals, and risk managers.  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.

More Information

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

Required Courses
Credit Hours

Business Core - 30 Credits Required

Princ. of Financial Accounting
3
Princ of Managerial Accounting
3
Contracts and Sales
3
Integrating Experience
3
Financial Management 1
3
Business Information Systems
3
Applied Management
3
Quality-Operations Mgmt
3
Principles of Marketing
3
Introduction to Statistics
3

Major Courses - 36 Credits Required

Complete all of the following courses (21 credits required):
Insurance Law
3
Foundations Risk Mgmt & Insur
3
Commercial Insurance
3
Personal Insurance
3
Insurance Company Operations
3
Risk and Insurance Seminar
3
MGMT Internship
1 TO 9
Area Of Emphasis - Choose 5 courses from the following (15 credits required):
Mathematics of Finance
3
Team Dynamics - Org Behavior
3
Small Business Management
3
Employee Benefits
3
Mgmt Metrics & Decision Making
3
Human Resource Management
3
P & C Insurance Licensing
3
Risk and Insurance Technology
3
Risk Management
3
Enterprise Risk Management
3
Insurance Agency Operations
3
Risk Analysis and Strategy
3
Directed Elective
15
Additional (6 credits required):
Intro Micro Systems-Software
3
Free Elective
3