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 (RSK MGT) 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 are required to complete a set of university requirements: General Education (GenEd) or Core.

• New freshmen starting in the 2009-2010 academic year are required to complete the GenEd curriculum.
• New transfer students starting in the 2009-2010 academic year are required to complete the Core curriculum.

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 for Freshmen

Freshmen Employee Benefits track

Freshmen Healthcare Risk Management track

Freshmen Property-Liability/Corporate Risk Management track

Suggested Sequences for Freshmen

Freshmen Employee Benefits track

Freshmen Healthcare Risk Management track

Freshmen Property-Liability/Corporate Risk Management track

Major Requirements for Transfers

Transfer Employee Benefits track

Transfer Healthcare Risk Management track

Transfer Property-Liability/Corporate Risk Management track

Suggested Sequences for Transfers

Transfer Employee Benefits track

Transfer Healthcare Risk Management track

Transfer Property-Liability/Corporate Risk Management track

Requirements of Employee Benefits Track - for freshmen only

Suggested Sequence of the Employee Benefits Track - For Freshmen Only

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 - for Freshmen Only

Suggested Sequence of the Healthcare Risk Management Track - For Freshmen Only

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 - for Freshmen only

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

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

Requirements of Employee Benefits Track - for transfer students only

Suggested Sequence of the Employee Benefits Track - For Transfer Students Only

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 - for transfer Students only

Suggested Sequence of the Healthcare Risk Management Track - For Transfer Students Only

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 - for transfer students only

Suggested Sequence of the Property-Liability/Corporate Risk Management Track - For Transfer Students Only

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

Joint Program for RMI & HRM Majors

The Risk Management and Insurance (RSK MGT) Department and the Human Resource Management (HR MGMT) 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.

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

For more information on joint HR MGMT/RSK MGT 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.