Risk Management & Insurance

R. B. Drennan, Program Director
Alter Hall 628
215-204-8894
rob.drennan@temple.edu
http://sbm.temple.edu/dept/rihm

Temple University's program in Risk Management and Insurance (RMI) is nationally recognized. Located in the Department of Risk, Insurance, and Healthcare Management, the program prepares students to identify and evaluate various sources of risk, then select and implement solutions to control these risks through insurance and other mechanisms of risk transfer and distribution.

Graduates of this program often enter the risk management or employee benefit departments of large businesses and other organizations. They may also take challenging positions within insurance or benefit consulting firms, brokerage firms, agency operations, or insurance companies.

Risk management and insurance majors are strongly encouraged to become active in the Sigma chapter of Gamma Iota Sigma, Temple's national award-winning professional student organization in Risk Management, Insurance, and Actuarial Science. The organization hosts numerous guest speakers from the industry, sponsors a variety of career development seminars, and maintains a widely-distributed résumé book. For more information, please contact the GIS President, at 215-204-9368 or visit the web site at www.sigmachapter.org. 

Major Tracks within Risk Management & Insurance

Students in the Risk Management & Insurance major may select from one of three tracks depending on their interests. These include:

• Employee Benefit Management
• Healthcare Risk Management
• Property-Liability/Corporate Risk Management

Summary of Requirements

University Requirements

All students starting in the 2011-2012 academic year and beyond are required to complete the university's General Education (GenEd) curriculum.

Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.

College Requirements

Students must meet College Graduation requirements, including the requirements of the major listed below. Students pursuing any of the Risk Management and Insurance major/tracks must attain a 2.0 cumulative GPA and 2.0 in the major/track to graduate with the Risk Management major. Use the major GPA calculator at www.fox.temple.edu/advising to calculate the GPA in the major.

Major Requirements

Employee Benefits track

Healthcare Risk Management track

Property-Liability/Corporate Risk Management track

Suggested Sequences

Employee Benefits track

Healthcare Risk Management track

Property-Liability/Corporate Risk Management track

Requirements of Employee Benefits Track

Suggested Sequence of the Employee Benefits Track

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Requirements of Healthcare Risk Management Track

Suggested Sequence of the Healthcare Risk Management Track

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Requirements of Property-Liability/Corporate Risk Management Track

Suggested Sequence of the Property-Liability/Corporate Risk Management Track

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Joint Programs for RMI & HRM Majors

The Risk Management and Insurance (RMI) Department and the Human Resource Management (HRM) Department now offer several joint programs for students interested in a career in employee benefits and/or human resource management. These programs allow students to broaden their career options by taking advantage of the cross-training offered by these departments.

• HRM major with a RMI option: Students take RMI 3501 (Life & Health Insurance & Employee Benefits) and RMI 3503 (Retirement Plans).
• RMI major with a HRM option: Students take HRM 2501 (Introduction to Human Resource Management) and HRM 3511 (Compensation Management).
• Dual HRM/RMI major: Students fulfill all requirements for both majors.

For more information on joint HRM/RMI courses, contact Rob Drennan 215-204-8894.

Minor

Students in any college who are interested in the health professions and want enhance their skills by understanding the business principles underlying healthcare systems should consider a minor in Healthcare Management. Risk Management majors who complete the Healthcare track are not eligible for the minor.