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Risk Management and Insurance Major

Bachelor of Business Administration in Risk Management and Insurance

Develop the technical expertise and strategic vision necessary to control, identify and manage risk with a Bachelor of Business Administration (BBA) in Risk Management and Insurance in Temple University’s Fox School of Business. The program exposes students to issues in managing property-liability risk, human capital risk and international risk. Students also gain deeper expertise in retirement planning, risk financing, health and welfare employee benefits and enterprise risk management.

This 124-credit undergraduate degree will prepare students to examine and find solutions to the risks that affect the bottom line of major corporations and companies in a multinational setting. Through innovative coursework and real-world experience, you’ll gain the skills necessary to mitigate risk through insurance and other mechanisms of risk transfer. You will also learn to respond to numerous uncertainties around property liability exposures and employee benefits programs.

Temple offers three tracks within the Risk Management and Insurance BBA, depending on your desired course of study.

  • Employee Benefits
  • Healthcare Risk
  • Property Liability and Corporate Risk

Graduates of Temple’s Risk Management and Insurance BBA program have found success in the employee benefit consulting, underwriting, and risk management departments of major corporations, including

  • All Risks Ltd.,
  • Assured Partners,
  • Brown and Brown,
  • Chubb Insurance,
  • CNA,
  • Great American,
  • Lockton,
  • Munich RE,
  • Pennsylvania Lumbermans Mutual,
  • Reliance Standard and
  • Trion.

Students will also have the opportunity to get involved with Gamma Iota Sigma, the national award-winning professional student Risk Management and Actuarial Science organization at Temple. By joining, you will benefit from real-world knowledge shared by guest speakers currently leading the industry. You will also work alongside graduate students, faculty and staff and have access to a host of career development seminars.

    Students in suits having a discussion at a meeting.

    Employee Benefits Concentration for Human Resource Majors 

    The Department of Risk, Insurance and Healthcare Management offers Risk Management and Insurance courses that complement the Department of Human Resource Management's courses for students interested in a career in employee benefits and/or human resource management. These courses allow students to broaden their career options by taking advantage of the cross-training offered by these departments.

    These courses include

    • Managing Human Capital Risk and
    • Retirement Plans.

    For more information on joint Human Resource Management/Risk Management and Insurance courses, contact

    James I. Hilliard
    Office: Alter Hall 632
    Email

    Path to CPCU or CEBS Designations

    Knowledge and experience gained from the Risk Management and Insurance BBA major prepares students for a number of post-graduate exams, including the Chartered Property Casualty Underwriter (CPCU) exams and the Certified Employee Benefit Specialist (CEBS) exams. Such designations demonstrate specialized expertise around complex subject matter, including employee benefit planning, healthcare management, retirement planning, property-casualty insurance and risk management. Earning a CPCU or CEBS designation gives you a competitive advantage in the job market.

    Distinguished Faculty

    The diverse faculty in the Department of Risk, Insurance and Healthcare Management brings extensive real-world knowledge to this degree program, with some professors holding more than 25 years of high-level industry experience in risk management and insurance economics. Professors have published in an array of relevant periodicals, including the Journal of Risk and Insurance, Journal of Risk and UncertaintyRisk Management and Insurance Review, the North American Actuarial Review, the Journal of Banking and Finance, and the Journal of Law and Economics. Among the many accolades faculty members have earned over the years are the Shin Research Excellence Award, the Adam Smith Leadership Award for Academic Excellence and Educational Leadership, and Temple University's Great Teacher Award. Faculty are also active in the field and hold leadership positions within risk management and insurance professional societies, as well as the American Risk and Insurance Association, Southern Risk and Insurance Association and the Western Risk and Insurance Association

    Classes & Curriculum 

    Core courses vary across the three tracks of study within the Risk Management and Insurance Major program.

    Learn more about required courses in the Risk Management and Insurance Major curriculum.

    Related Graduate Degrees

    Related Graduate Certificates

    Tuition & Fees

    In keeping with Temple’s commitment to access and affordability, the Bachelor of Business Administration offers a competitive level of tuition with multiple opportunities for financial support.

    Tuition rates are set annually by the university and are affected by multiple factors, including program degree level (undergraduate or graduate), course load (full- or part-time), in-state or out-of-state residency, and more. You can view the full Cost of Attendance breakdown on the Student Financial Services website.

    These tuition costs apply to the 2025–2026 academic year.

    Pennsylvania resident: $24,456.00 per year
    Out-of-state: $44,400.00 per year

    Our Academic Advisors

    The Center for Undergraduate Advising in the Fox School of Business is dedicated to helping students navigate their academics and make informed decisions about their career paths.

    See a full list of undergraduate academic advisors.

    Peer Advising

    The Center for Undergraduate Advising also offers peer advising at the Main Campus location. Undergraduate peer advisors offer the perspective of an upper-level student and assist by sharing their knowledge and personal tips for academic success.

    Program Contacts

    For more information about your degree program, contact the faculty below.

    Kate Markowitz is the director of enrollment management for undergraduate students.
    Phone: 215-204-4892
    Email:

    Tom Carney is the assistant director of undergraduate enrollment.
    Phone: 215-204-5424
    Email:  

    Claudia Bereshnyi is the assistant director of transfer, veteran and online BBA recruitment and the contact for both incoming transfer students and those interested in an online BBA.
    Phone: 215-204-4100
    Email:

    Student Clubs & Organizations

    Joining student clubs and organizations is a great way to meet like-minded students; connect with local, national and international businesses; and build the skills you’ll need in your professional career. Enhance your academic experience by participating in a club related to your major or interests.

    The following clubs and organizations are available to risk management and insurance students in the Fox School of Business.

    • The goal of Gamma Iota Sigma is to create a sense of community among majors and help members build toward successful professional careers in risk management, insurance and actuarial science. Members benefit from résumé help, interview skills training, guest speaker presentations, industry networking opportunities, and career receptions dedicated to Risk Management and Insurance.
    • Temple University Health Leadership Organization was created for students interested in health sector management and related professions. Their mission is to provide health-related education, leadership development and connections with alumni and people within the healthcare industry.

    Explore the full list of Fox student clubs and organizations.

    Global Immersions

    Broaden your understanding of global economies and business practices by taking advantage of the various study abroad options and opportunities for learning beyond Temple’s Main Campus in Philadelphia through Global Immersion Programs.

    Temple administers several programs around the world, including campus sites in Rome, Japan and Spain, faculty-led summer programs and exchange programs in Europe and Asia. Interested students may also participate in approved programs organized by study abroad organizations or other U.S. universities, or apply directly to an accredited institution overseas. Temple’s Education Abroad office provides information on approved programs, and advisors can work with you to determine which program might provide the best fit.

    Learn more about study away options.

    Temple Exchange Programs

    Through reciprocal exchange agreements with the following universities, Temple students can exchange places with students for a semester or academic year. Some programs require sufficient proficiency in the host country language to participate.

    • China: Hong Kong Baptist University
    • Korea: Ewha Womans University, Yonsei University, Sogang University
    • Taiwan: National Taiwan University

    Learn more about Temple exchange programs (PDF).

    Accreditation

    The Fox School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB). The school has maintained AACSB accreditation since 1934.

    Concentrations

    This degree program can be completed with or without a concentration. Your concentration options include

    • Healthcare Risk Management

      Explore the dynamics between risk management, quality improvement and patient safety and learn how these aspects impact the business of healthcare and patient health. Examine the financial, technological and health services systems required to successfully operate healthcare management organizations. Students participate in hands-on exercises and experiences at an area healthcare institution to bridge the gap between the classroom and the various practices of risk management. 

    • Managing Human Capital Risk

      Examine issues in the operation and design of health and welfare employee benefit plans. Students will analyze the types of individual retirement and pension plans, as well as other employee benefit topics that organizations manage. Subjects include employee stock ownership, funding issues, group insurance, healthcare costs, managed care plans, state and federal regulation, savings plans, tax implications, and more. 

    • Managing Corporate Risk

      Gain a comprehensive understanding of risk management within complex global organizations and corporations. Learn how to identify and manage emerging risks by using tools such as key risk indicators, risk maps, risk registers and more. Students also obtain foundational knowledge of the financial characteristics of the property-liability insurance industry as well as noninsurance financing techniques available to corporations. 

    Additional Program Information