Jul 18, 2024  
2023-2024 Undergraduate Catalog 
2023-2024 Undergraduate Catalog [ARCHIVED CATALOG]

Risk Management and Insurance Minor

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The Risk Management and Insurance minor (15 credits) prepares students for careers in the insurance industry, including jobs as underwriters, claims professionals, insurance agents and brokers, and work in allied fields such as banking and personal financial planning. Students learn a blend of theoretical and practical concepts and apply this knowledge to risk management and insurance. The program develops analytical and critical thinking skills that will aid students throughout their careers.

Students who wish to pursue the minor must complete a minor declaration form available online at the Registration & Scheduling Services MyUSM (login required - UMS credentials).

The requirements for admission to the minor are completion of at least 12 credits at USM with a grade point average of 2.33 or higher. 

School of Business majors may count up to two specified (see minor requirements) Business Core courses (6 credits) in both the Business Core and a Business minor. The remaining minor courses (9 credits) cannot double count in the minor and the Business major courses or between two Business minors. School of Business majors are allowed to declare more than one business minor.

Non School of Business students can only have one Business minor.

Program Requirements

The Risk Management and Insurance minor is 15 credits. A student may transfer into the Risk Management and Insurance minor up to six credit hours of acceptable courses. To complete the minor, students must earn at least a C- in 100/200 classes within the minor and at least a C in the 300/400 classes within the minor. Students are required to complete any prerequisites for the classes in the minor unless waived by the instructor.

Plus choose two courses (6 credits) from the following list:

Recommended Course Sequence

Courses may be taken in any order provided individual course prerequisites are satisfied.

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