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Risk Management and Insurance

(34 semester hours)


Open only to non-business majors, this minor provides an in-depth study of the risk management process and operational, legal, moral, and social issues surrounding life and health, property, and casualty insurance industries along with the employee benefits area. The financial consequences of being exposed to pure risk are explored for individuals and businesses. Tools for handling these exposures are critically analyzed along with the process of implementing financial and other strategies to prepare for possible outcomes.


A minimum 2.0 g.p.a. is required for all courses in this minor. Courses must be taken for a grade (not credit/no-credit). Students planning to take this minor should consult with the chief departmental adviser.

Admission to most Farmer School of Business minors is limited and the respective departments are responsible for managing their enrollments. Students may enroll in a maximum of two Farmer School of Business minors. Some minors are available to students on a first-come, first-served basis while others have entry restrictions or requirements. Therefore, to increase the likelihood of gaining entry into a FSB minor, interested students should contact the department offering the minor as early as possible in their academic careers. Completion of a FSB minor may require taking coursework during summer and winter terms and/or online.


Department of Finance
2053 FSB