Analysis and Management of Insurance Risk

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Requirements


Do you have an eye for detail? Are you good with numbers? A lucrative career in risk management may be perfect for you.

Description

Risk management is the identification, assessment and prioritization of risks and is followed by coordination and economic application of resources to minimize risk or maximize the realization of opportunity. This concentration helps students become well-rounded assessors of risk who can monitor the probability and impact of unfortunate events.

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 ā€œCā€ (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 (SOBE)  3

Elective Courses (choose four) -- 9 credit hours
Upper Division Analysis and Management of Insurance Risk Electives
ACT 302: Fundamentals of Enterprise Risk Management
ACT 320: Property and Casualty Insurance
ACT 330: Life and Health Insurance
ACT 370: Software Tools for Business Analytics OR DAT 301: Exploring Data in R and Python
ACT 484: Internship

Analysis and Management of Insurance Risk Electives -- 3 credit hours
ACT 201: Introduction to Elements and Techniques of Actuarial Science
ACT 302: Fundamentals of Enterprise Risk Management
ACT 320: Property and Casualty Insurance
ACT 330: Life and Health Insurance
ACT 370: Software Tools for Business Analytics OR DAT 301: Exploring Data in R and Python
ACT 484: Internship

Prerequisite courses may be needed in order to complete the requirements of this concentration.

YEAR

2025-26

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

School of Mathematical and Statistical Sciences | WXLR 216
math@asu.edu
480-965-7195