Analysis and Management of Insurance Risk

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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

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

2024-25

CAMPUS

Tempe

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

LAMIREMPH

COLLEGE/SCHOOL

College of Liberal Arts and Sciences

CONCENTRATION CONTACT

480‐965‐7195
math@asu.edu
WXLR 216