Analysis and Management of Insurance Risk
Requirements
Description
Analysis and Management of Insurance Risk is the identification, assessment and prioritization of risks that is followed by coordination and economic application of resources to minimize risk and monitor the probability and impact of unfortunate events, or to maximize the realization of opportunity. The objective of risk management is to assure uncertainty does not deflect the endeavor from the business goals. The concentration helps students become well-rounded business assessors of risk, ready to utilize their knowledge of mathematics, statistics, economics, marketing, business, finance and accounting in an insurance career.
Requirements
- Students must complete a minimum of 15 credit hours which includes 12 upper division hours for this concentration.
- All courses must be completed with a grade of “C” (2.00) or higher.
- Students must hold a minimum GPA of 2.50 to pursue this concentration
- Students must have completed the following prerequisite courses at ASU or an equivalent institution with a grade of "C" or better:
- CIS 105 Computer Applications and Information Technology (3) or equivalent
ECN 211 Macroeconomic Principles (3) OR ECN 212 Microeconomic Principles (3)
MAT 210 Brief Calculus (3)
STP 226 Elements of Statistics or ECN 221 Business Statistics
- CIS 105 Computer Applications and Information Technology (3) or equivalent
Required Course -- 3 credit hours
ACT 301: Risk Management and Insurance (SB) (3)
Electives (choose four) -- 12 credit hours
ACT 201: Introduction to Elements and Techniques of Actuarial Science (3)
ACT 302: Fundamentals of Enterprise Risk Management (3)
ACT 320: Property and Casualty Insurance (3)
ACT 330: Life and Health Insurance (3)
ACT 370: Software Tools for Business Analytics (3)
ACT 484: Internship (3)
Prerequisite courses may be needed in order to complete the requirements of this certificate.
YEAR
CAMPUS
ADVISING
Interdisciplinary Studies Advising
cisa.asu.edu/advising
All appointments:
480-965-4464
Downtown Phoenix
Arizona Center, Suite 380
Polytechnic
Santa Catalina Hall
Tempe
Urban Systems Engineering
Online
480-965-4464
DARS CODE
COLLEGE/SCHOOL
CONCENTRATION CONTACT
480‐965‐7195
math@asu.edu
WXLR 216