Risk Management & Insurance track
Cross-disciplinary with Shidler College of Business
Risk management and insurance are an integral part of the decision making processes of corporations and individuals. According to the U.S. Bureau of Labor & Statistics, geoscience finance and insurance-related jobs are projected to grow by over 37% in the next eight years. The projected growth is the response of the finance and insurance industry to “pricing in” current and future impacts of climate and environmental change into all aspects of their provided services. As such, geoscientists with finance and insurance expertise are needed to bridge the two disciplines in the finance and insurance industry.
The Risk Management and Insurance track in the Global Environmental Science program will provide students the knowledge and the toolkit of managing risk exposures for corporations and/or individuals. Students will be introduced to personal financial decision making, insurance industry and operations, different insurance policies and their applications in personal and business planning, corporate risk management techniques, and other related financial decision making techniques. In short, this track is designed to prepare students for the dire need of risk professionals and/or the fast growing insurance industries.
This track requires the following four Coupled Systems courses (and four prerequisite courses); each course is three credits.
- ECON 130 Principles of Microeconomics prerequisite
- ECON 131 Principles of Macroeconomics prerequisite
- ACC 200 Introduction to Accounting I prerequisite
- ACC 210 Introduction to Accounting II prerequisite
- BUS 314 Business Finance
- INS 300 Principles of Insurance
- FIN 301 Personal Finance Planning
- FIN 450 Enterprise Risk Management