Temple University Undergraduate Bulletin
Site Map | Bulletin Home | Temple University

Business & Management
Introduction

General Information
Academic Advising
Academic Policies & Regulations
College Graduation Requirements
Student Contact Information
Faculty

programs of study

Business
Minor
Accounting
Actuarial Science
Business Management
Economics
Employee Benefits
Health Care Management
Legal Studies
Marketing
Property Liability
Economics

Entrepreneurship

Finance
Human Resource Management
People First Certification
RMI & HRM, Dual Major
Concentration, RMI
Concentration, HRM
International Business Administration
Legal Studies
Law Scholars Program
Management Information Systems
Minor
Certificate
Marketing
Real Estate
Risk Management Insurance
Employee Benefits
Healthcare Risk Management
Property Liability Corporate Risk Management
RMI & HRM, Dual Major
Concentration, RMI
Concentration, HRM

other useful links

Temple Policies
University Core
Course Descriptions
Course Schedule
OWLnet
Admissions Application
Student Life
TUportal
Archived Bulletins
PDF Version
  Academic Programs / Business & Management

Risk Management and Insurance

R. B. Drennan, Program Director
Ritter Annex 403
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 website at www.sigmachapter.org/mainpage.php

 

Major Tracks within Risk Management and Insurance

Students in the RMI 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

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.

Requirements of Employee Benefit Management Major

Required courses         
Department Course # Course Name Hours RCI
RSK MGT 3501 Life and Health Insurance and Employee Benefits   3  
RSK MGT 3502 Property and Liability Insurance Coverages 3  
RSK MGT 4596 Advanced Topics in Health and Welfare Employee Benefits   3 WI
Select one of the following:*   3  
RSK MGT 3503 Retirement Plans    
RSK MGT 3505 Actuarial Applications in Risk Mgmt & Insurance    
HLT MGT 3502** Healthcare Financing and Information Technology       
RSK MGT**   RMI Electives - one or two courses excluding RSK MGT 3581, 3582, 3682.  3-6  
International course - select one: 3  
Economics 3563*** International Trade    
Economics 3564*** International Monetary Economics    
Finance 3551 International Financial Markets    
Finance 3552 International Financial Management    
GSM 3566 Global Strategic Management    
HR MGMT 3565 International Human Resource Management    
Law S.B.M. 3562 International Law    
Marketing 3553 International Marketing    
Economics^ 3500+ Any upper-level Economics course, excluding Economics 3581 and 3685. 0-3  
Business Electives   Select one to three electives from business departments 2500+^^ 3-9  
Subtotal      27  
         
* Courses in this category satisfy the technology requirement for the major.    
** If Healthcare Management 3502 is taken to fill the technology requirement, the student will need one additional elective in Risk Management & Insurance to meet the Department's five-course RMI requirement for the major.  
*** If Economics 3563 or 3564 is chosen to fulfill the International requirement, you will also satisfy the 3500+ level Economics requirement. It is the recommendation of the Department that you do not take these courses.  
^ If you did not take Economics 3563 or 3564, it is highly recommended that you take Economics 3521 (Economics of Risk and Uncertainty) or Economics 3507 (Health Economics) to meet this requirement.  
^^ Students are strongly recommended to select and complete a second major field of concentration.  Please discuss recommended majors with the Chair of RMI.  
         

Requirements of Healthcare Risk Management Major

Required courses         
Department Course # Course Name Hours RCI
RSK MGT 3501 Life and Health Insurance and Employee Benefits 3  
RSK MGT 3502 Property and Liability Insurance Coverages 3  
HLT MGT 3501 Introduction to the Health Services System 3  
HLT MGT 3502* Healthcare Financing and Information Technology   3  
Economics 3507 Health Economics  3  
Select one of the following:   3  
RSK MGT 4596 Advanced Topics in Health and Welfare Employee Benefits   WI
RSK MGT 4597** Global Corporate Risk Management   WI
RSK MGT** 3504 Property and Liability Insurance Operations   0-3  
International course - select one: 3  
Economics 3563 International Trade    
Economics 3564 International Monetary Economics    
Finance 3551 International Financial Markets    
Finance 3552 International Financial Management    
GSM 3566 Global Strategic Management    
HR MGMT 3565 International Human Resource Management    
Law S.B.M. 3562 International Law    
Marketing 3553 International Marketing    
Business Electives   Select one to two electives from business departments 2500+*** 3-6  
Subtotal       27  
         
* Satisfies the technology requirement for the major.    
** If Risk Management & Insurance 4597 is taken to fill the capstone writing requirement, the student must also take the prerequisite for the course RSK MGT 3504 (Property & Liability Insurance Operations).  
*** Students are strongly recommended to select and complete a second major field of concentration. Please discuss recommended majors with the Chair of RMI.  
Note: It is highly recommended that students take Healthcare Management 4596 (Integrated Delivery Systems and Managed Care) as one of their business electives.  
         

Requirements of Property-Liability/Corporate Risk Management Major

Required courses         
Department Course # Course Name Hours RCI
RSK MGT 3501 Life and Health Insurance and Employee Benefits    3  
RSK MGT 3502 Property and Liability Insurance Coverages 3  
RSK MGT 3504 Property and Liability Insurance Operations    3  
RSK MGT 4597 Global Corporate Risk Management 3 WI
Select one of the following:*   3  
RSK MGT 3503 Retirement Plans    
RSK MGT 3505 Actuarial Applications in Risk Management & Insurance    
HLT MGT 3502** Healthcare Financing and Information Technology    
RSK MGT    Any RMI elective course - needed only if HLT MGT 3502 is taken in category above 0-3  
International course - select one: 3  
Economics 3563*** International Trade    
Economics 3564*** International Monetary Economics    
Finance 3551 International Financial Markets    
Finance 3552 International Financial Management    
GSM 3566 Global Strategic Management    
HR MGMT 3565 International Human Resource Management    
Law S.B.M. 3562 International Law    
Marketing 3553 International Marketing    
Economics^ 3500+ Any upper-level Economics course, excluding Economics 3581 and 3685 0-3  
Business Electives   Select one to three electives from business departments 2500+^^ 3-9  
Subtotal       27  
         
* Courses in this category satisfy the technology requirement for the major.    
** If Healthcare Management 3502 is taken to fulfill the technology requirement, the student will need one additional elective in Risk Management & Insurance to meet the Department's five- course RMI requirement for the major.  
*** If Economics 3563 or 3564 is chosen to fulfill the International requirement, you will also satisfy the upper-level Economics requirement.  It is the recommendation of the Department that you do not take these courses.  
^ If Economics 3563 or 3564 is not taken, it is highly recommended that you take Economics 3521 (Economics of Risk & Uncertainty) or Economics 3507 (Health Economics) to meet this requirement.  
^^ Students are strongly recommended to select and complete a second major field of concentration. Please discuss recommended majors with the Chair of RMI.  
         

Joint Program for RMI and 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 concentration: Students take RSK MGT 3501 (Life and Health Insurance and Employee Benefits) and RSK MGT 3503 (Retirement Plans).
  • RMI major with a HRM concentration: Students take HR MGMT 2501 (Introduction to Human Resource Management) and HR MGMT 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.

, Temple University. All rights reserved. Site created by Computer Services