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.

IDS Core Course Information

All Interdisciplinary Studies students are required to complete a 9 credit-hour core and 9 credit hours of context/application courses.

Required Courses (9 credit hours):

IDS 201 Intellectual Fusion (recommended for freshman/sophomore students)
- Prerequisites: None

IDS 301 Becoming Interdisciplinary (3) (recommended for transfer students and/or students declaring IDS in their junior or senior year)
- Prerequisites: Interdisciplinary Studies major
IDS 302 Integration Skills (3)
- Prerequisite(s): Interdisciplinary Studies major; IDS 201 or 301 with C or better
IDS 401 Integration: Experiential Learning (3) (requires application)
- Prerequisites: IDS 201 or 301 with C or better; IDS 302 with C or better; minimum 2.00 GPA; minimum of two courses completed in each concentration area

Context courses (6 credit hours)

Choose two Integrative Context courses from the following (3 credit hours each):

IDS 310: Integration: Cultural Contexts, C
IDS 311: Integration: Global Contexts, G, SB
IDS 312: Integrative Perspectives on Change
IDS 313: Integrative Perspectives on a Changing World
IDS 314: Integrative Perspectives on Cultural Dynamics, SB
IDS 315: Integration: Social Contexts, SB
IDS 316: Integration: Humanities Contexts, HU

Application courses (3 credit hours)

Choose any IDS Application course from the following (3 credit hours each):

IDS 140: The Nature of Knowledge Systems
IDS 302: Integration Skills
IDS 310: Integration: Cultural Contexts, C
IDS 311: Integration: Global Contexts, G, SB
IDS 312: Integrative Perspectives on Change
IDS 313: Integrative Perspectives on a Changing World
IDS 314: Integrative Perspectives on Cultural Dynamics, SB
IDS 315: Integration: Social Contexts, SB
IDS 316: Integration: Humanities Contexts, HU
IDS 484: Elective Internship

Transfer to ASU transfer.asu.edu

How credits transfer to ASU transfer.asu.edu/credits
How to transfer to ASU from a Two-Year school transfer.asu.edu/ CommunityColleges

Maricopa County Community College District (MCCCD) transfer students transfer.asu.edu/maricopa

Courses may fulfill Arizona General Education Curriculum (AGEC) or Associate’s degree requirements, consult with your community college academic advisor for details.
MCCCD course transfer equivalencies are listed here; they may be applied toward this concentration (maximum of six credits or two courses).
Information listed was current for this catalog year at the time of printing, consult transfer.asu.edu/maricopa for verification.

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