BBA in Risk Management and Insurance

In a World Full of Risk, You Have The Power to Protect

That’s why with Marian University’s new Risk Management and Insurance Major, you will be in-demand. It’s also a career that’s recession-proof. Imagine having the power to protect people from financial ruin, save businesses from economic calamity and help communities recover from significant disasters.  If you are leaning towards a career with more meaning, Risk Management is it.

Marian’s program will help you identify, assess, and mitigate risks effectively and prepare you for a pivotal role in whatever industry you would like to work in, including insurance, the financial sector, healthcare, manufacturing, technology or entertainment.  Start here for a profitable career that allows you to positively impact people’s lives.  Fun fact, there are more than 1,950 insurance companies in the market, with over 330 of those headquartered in Wisconsin.

Position yourself to positively impact people’s lives!

General Education Courses

General Education Courses, which encourage critical thinking, problem-solving, quantitative reasoning and effective communication, are essential to Marian University’s commitment to educating the “whole person.”  All bachelor’s students, regardless of major, are required to take 30 credits of general education courses as part of the 120 credits required for a bachelor’s degree.

All students take 10.5 to 17 credits in these areas:

  • Diversity Literacies
  • Humanistic Reasoning
  • Quantitative Reasoning
  • Scientific Reasoning
  • Social-Scientific Reasoning
  • Written Communication Literacy

Core Courses

Risk Management and Insurance majors advance their skills with courses covering topics such as:

  • Insurance, Property & Liability Insurance
  • Business Analytics
  • Commercial Insurance Underwriting
  • Insurance Law
  • Financial Planning Consulting, Risk & Regulations

Upon completion of a Bachelor of Business Administration in Risk Management and Insurance from Marian University, candidates will be able to:

  • Demonstrate knowledge of insurance contracts and provisions, and the features of property-liability insurance, life and health insurance, and employee benefit plans.
  • Demonstrate knowledge of the operation and management of insurance entities
  • Explain the purpose, structure, and functions of insurance regulation in the United States
  • Evaluate the methods utilized by insurance carriers to manage their underwriting risk
  • Develop practical skills through internships specific to insurance and risk management.
  • Identify, analyze, and appropriately apply commonly encountered risks to a firm
  • Solve problems by applying quantitative methods used in finance and the insurance industry
  • Correctly apply appropriate tools to assess and manage risk and uncertainty in the operational and financial management of businesses and the insurance industry
  • Make ethical decisions that promote socially responsible leadership within the insurance industry and/or in the allocation and management of risk pertinent to a firm

Marian’s expert faculty with real world experience will guide Risk Management and Insurance students on how to build a future filled with resilience, security and opportunity. Graduates will emerge with the knowledge and skills, as well an ethical foundation that is the hallmark of Marian University’s mission of integrity and service to others.

Criteria for Undergraduate Risk Management and Insurance Students

A student who meets Marian University admission standards and who declares a business major must comply with the following standards at each class level:

Freshman Criteria (for students with at least 30 credits completed)

Students should have completed the following with a minimum grade of C:

  • ENG 101 or ENG 105

Students must maintain a cumulative GPA of at least 2.00

Sophomore Criteria (for students with at least 60 credits completed)

Students should have completed the following with a minimum grade of C:

  • ENG 151 or ENG 106
  • MAT 111 or MAT 130 or MAT 132
  • BUA 210
  • Science Lab(s)

Students must maintain a cumulative GPA of at least 2.00

Junior and Senior Criteria (for students with at least 80 credits completed)

Students must maintain a cumulative GPA of at least 2.00

Failure to Meet Criteria

Any business student failing to meet these criteria is placed on probation. During the first semester of probation, students may continue taking business courses. If the student has failed to meet the criteria after one semester on probation, that student may only retake deficient classes and general education requirements.