Certificate in Risk Management and Insurance

About Our Certificate

The Risk Management and Insurance certificate program will focus on identifying, accessing and managing risks facing businesses and organizations. Organizations that manage risk well are more likely to be successful than those that do not. Effective risk management requires a solid understanding of the sources, dimensions and qualities of risk, as well as the development and implementation of efficient techniques to mitigate, control or avoid those risks. Gain these skills and become competitive in the field of risk management and insurance. 

By the time students graduate, they should be able to identify and analyze typical operational and financial risks faced by organizations, assess and quantify organizational risks, analyze and address deficiencies in corporate insurance coverages, develop strategies for brokering corporate insurance, and understand how insurance companies operate.

Students who finish the 12 credit-hour curriculum with a minimum 3.0 cumulative GPA will receive the Certificate in Risk Management and Insurance upon completion of their bachelor's degree.

Careers in Risk Management and Insurance

  • Insurance Underwriting and Claims Management
  • Insurance Sales and Brokering
  • Corporate Risk Management
  • Banking and Financial Services
  • Governance and Compliance
  • Employee Benefits

Are you eligible?

This certificate program is available to all University of Missouri students. There is no specific internship requirement associated with this certificate. However, all Trulaske College of Business students completing a BSBA must meet the BA 4500 internship requirement. 

 

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REQUIRED COURSES

(6 CREDIT HOURS)

Financial decision-making in a corporate environment. Time value of money, capital budgeting, cost of capital, working capital management and financial instruments issued by the firm.

Course Details:

  • 3 Credit Hours
  • Pre-requisites: Completed 45 semester hours; STAT 2500 (or STAT 2200 AND STAT 1200 or STAT 1300 or STAT 1400); ECONOM 1014 OR ECONOM 1024; ECONOM 1015 OR ECONOM 1051 OR ECONOM 1051H
  • Co-requisites: ACCTCY 2027 or ACCTCY 2037 or ACCTCY 2137H
  • Course offered in the Spring, Summer, and Fall semesters

OR FINANC 2000: SURVEY OF BUSINESS FINANCE

An overview of the global financial system, financial markets, financial institutions, and principles of financial management.

Course Details:

  • 3 Credit Hours
  • Pre-requisites: Students admitted to College of Business upper level degree program cannot enroll
  • Course offered in the Spring, Summer, and Fall semesters

Basic principles of risk management and insurance focusing on operational risks faced by organizations. Covers terminology, sources, dimensions, characteristics, measurement, and assessment of risk along with design and implementation of techniques to mitigate and control risk.

Course Details:

  • 3 Credit Hours
  • Pre-requisites or Co-requisites: FINANC 2000 or FINANC 3000
  • Course offered in the Spring and Fall semesters

 

ELECTIVE COURSES

(6 CREDIT HOURS) - CHOOSE TWO

Selected topics in finance, insurance or real estate. Offered on an experimental basis. Some sections of this course may be offered A-F only or S/U only.

Course Details:

  • 3 Credit Hours
  • Pre-requsite: N/A
  • Course offered in the Fall semester only

The objective of this course is to examine the principles and key elements of commercial property and liability insurance. The primary emphasis will be on the property and liability loss exposures faced by organizations and the corresponding types of insurance for covering those loss exposures. This course qualifies students who make a "B" or better to receive credit for CPCU 552 Commercial Liability Risk Management and Insurance.

Course Details:

  • 3 Credit Hours
  • Pre-requisites: FINANC 2000 or FINANC 3000 or FINANC 4630, or permission of the instructor
  • Course offered in the Spring and Fall semesters

This course addresses the principles, concepts, key elements and applications of Enterprise Risk Management (ERM) to businesses and other organizations. The principal objective of this course is to prepare students to understand the principles of ERM and to be able to integrate sound risk management principles into their work.

Course Details:

  • 3 Credit Hours
  • Pre-requisite: FINANC 4630, or permission of instructor
  • Course offered in the Spring semester only

CONTACT US

Undergraduate Certificate Administrator 

Halsey Lecure

Risk Management and Insurance Certificate Director

David Fischer