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ODU's Bachelor of Science in Insurance & Risk Management program prepares you for a successful career in Ohio's insurance industry, which is expected to add 26,000 jobs by 2020.
Program highlights:
  • Classes are offered in an accelerated six-week format.
  • You can take one course at a time, one night a week.
  • Prior post-secondary education is not required.
  • Classes are offered in hybrid and online formats.
  • Graduates are eligible to waive two of the eight parts of the Chartered Property Casualty Underwriter (CPCU) exam upon completion of the program.
  • Students with industry credentials may receive academic credit toward their degree.  Based on the American Council on Education’s College Credit Recommendation Service.
  • Learning Outcomes & Careers
    As you pursue your degree in Insurance & Risk Management, you will make professional connections that enhance your development and career prospects.

    You'll also acquire in-depth knowledge of key aspects of the insurance and risk management industry, including accounting, product and pricing analysis, compliance, claims and underwriting.

    Graduates of the program will be able to:
    • Analyze past and current economic issues in the insurance industry as well as the potential impact of future challenges, such as information technology.
    • Develop foundational knowledge and analytical skills in several functional areas of business, including accounting, finance, management, marketing, human resource management and economics.
    • Demonstrate a comprehensive understanding of insurance products, pricing, claims, underwriting, taxation and financial reporting, and regulation. 
    • Critically examine the role of public policy, including social insurance, in personal financial planning and risk management.
    • Examine important decision-making processes that are essential to facilitating effective assessment and management of personal and organizational risks.
    Ohio has 250 insurance companies employing more than 100,000 people with an average annual salary above $50,000, according to the Ohio Department of Job & Family Services. 

    Career opportunities with a degree in Insurance & Risk Management include:
    • Risk manager
    • Compliance officer
    • Claims manager
    • Actuary
    • Loss control consultant
    Visit the Ohio Insurance Institute's website for a fun, interactive way to discover careers in the insurance field.  

Course Requirements & Descriptions

  • B.S. in Insurance & Risk Management

    Students must complete the degree requirements for the Bachelor of Science in addition to the major requirements listed below.

    Major Courses
    Courses Credits
    IRM 210 Fundamentals of Insurance & Risk Management 3*
    IRM 220 Operations & Management of Insurance Companies 3*
    IRM 301 Personal Property-Casualty Insurance & Risk Management 3*
    IRM 303 Project Management 3*
    IRM 401 Commercial Property-Casualty Insurance & Risk Management 3*
    Select two courses from the following:

    Courses Credits
    BUS 370 Professional Selling 3*
    ECN 260 Financial Institutions & Markets 3*
    ECN 325 Intermediate Microeconomics 3*
    FIN 410 Investments 3*
    IRM 350 Life & Health Insurance 3*
    IRM 497 Internship in Insurance & Risk Management 3*
    PRS/BUS 265 Business Writing & Presentations 3*
    Business Core Courses

    Courses Credits
    ACT 210 Accounting for Financial Decision Making 3*
    ACT 220 Accounting for Managerial Decision Making 3*
    BUS 220 Principles of Marketing 3*
    BUS 240 Management & Organization Behavior 3*
    BUS 250 Legal Environments of Business 3*
    BUS 318 Business & Society 3*
    BUS 343 Human Resource Management 3*
    BUS 479 CORE: Strategic Management 3*
    FIN 325 Managerial Finance 3*
    ECN 207 Principles of Microeconomics 3*
    ECN 208 Principles of Macroeconomics 3*
    Select one course from the following:

    Courses Credits
    CIS 107 Computer Applications 3*
    CIS 234 Database Management Systems 3*
    Required Correlatives

    Courses Credits
    MTH 140 Introduction to Statistics 3
    PHL 346 Principles of Business Ethics 3
    Total Credits Required 63
    * Used to calculate the Major GPA

ODU's Insurance & Risk Management Program