FSBM

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

PROGRAM DESCRIPTIONS

Accounting
Actuarial Science
Business Management
Economics
E-Marketing

Entrepreneurship

Finance
Human Resource Administration
International Business Administration
Law and Business
Management Information Systems
Marketing
Real Estate Major
Risk Management Insurance

other useful links

Temple Policies
University Core
Course Descriptions
Class Schedule
OWLnet
Admissions Application
Student Life
TUportal
Temple Bulletins

Risk Management and Insurance

R. B. Drennan, Program Director
Office: Ritter Annex 403
(215) 204-8894
Rob.drennan@temple.edu
http://www.sbm.temple.edu/rmidept/

Temple University's program in Risk Management and Insurance 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, and to 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 resume book. For more information, please contact Noelle Salamone, the GIS President, at (215) 204-9368 or visit the web at http://www.temple.edu/gis

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 pursuing any of the Risk Management and Insurance major/tracks must have a 3.0 cumulative GPA or earn a “B” in RMI 0001 to declare the major. Students must attain a 2.75 cumulative GPA and 2.75 in the major/track to graduate with the Risk Management major.

REQUIREMENTS OF EMPLOYEE BENEFIT RISK MANAGEMENT MAJOR

Required Courses
Department
Course
Course Name
Semester Hours
Core Indicator
Risk Mgmt & Ins 0205 Life and Health Insurance and Employee Benefits
3
 
Risk Mgmt & Ins 0209 Property and Liability Insurance Coverages
3
 
Risk Mgmt & Ins W355 Advanced Topics in Health and Welfare Employee Benefits
3
WI
Choose one of the following: 1
3
 
Risk Mgmt & Ins
0325 Retirement Plans
   
Risk Mgmt & Ins 0339 Actuarial Applications of Risk Mgmt & Insurance
Health Mgmt 02012 Healthcare Financing and Information Technology
Risk Mgmt & Ins2   RMI Electives – one or two courses excluding
RMI 0288, 0395, 0396.
3-6
 
International course – choose one:
3
 
Economics 02503 International Trade    
Economics 02513 International Monetary Economics
Finance 0250
International Financial Markets
Finance 0251
International Financial Management
GSM 0380
Global Strategic Management
HRA 0201 International Human Resource Mgt
Law 0106 International Law
Marketing 0250 International Marketing
Economics4   Any 200 level Economics course,
excluding Economics 0288 and 0289
0-3
 
BA 02155 Business, Society and Ethics
0-3
 
Business Electives   – one to four electives from
business departments 0100 – 0399 6
3-12
 
Sub Total
30
 
1 Courses in this category satisfy the technology requirement for the major.
2 If Healthcare Management 0201 is taken to fill the technology requirement, the student will need one additional elective in Risk Management and Insurance to meet the Department’s five course RMI requirement for the major.
3 If Economics 0250 or 0251 is chosen to fulfill the International requirement, you will also satisfy the Economics 200 level Economics Requirement. It is the recommendation of the Department that you do not take these courses.
4 If you did not take Economics 0250 or 0251, it is highly recommended that you take Economics 0203 (Economics of Risk and Uncertainty) or Economics 0262 (Health Economics) to meet this requirement.
5 Transfer students admitted prior to Fall 2005 are not required to take the BA 0215 course, although it is highly recommended. If you do not take this course, you will need to take an additional business elective.
6 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
Semester Hours
Core Indicator
Risk Mgmt & Ins 0205 Life and Health Insurance and Employee Benefits
3
 
Risk Mgmt & Ins 0209 Property and Liability Insurance Coverages
3
 
Healthcare Mgmt 0101 Introduction to the Health Services System
3
 
Healthcare Mgmt 02011 Healthcare Financing and Information Technology
3
 
Choose one of the following:
3
WI
Risk Mgmt & Ins W355 Advanced Topics in Health and Welfare Employee Benefits
   
Risk Mgmt & Ins W3592 Global Corporate Risk Management
Healthcare Mgmt W301 Integrated Delivery Systems and Managed Care
Risk Mgmt & Ins2 0329 Property and Liability Insurance Company Operations
0-3
 
International course – choose one:
3
 
Economics 0250 International Trade
 
Economics 0251 International Monetary Economics
Finance 0250 International Financial Markets
Finance 0251 International Financial Management
GSM 0380 Global Strategic Management
HRA 0201 International Human Resource Mgt
Law 0106 International Law
Marketing 0250 International Marketing
Economics 0262 Health Economics  
3
 
BA 02153 Business, Society and Ethics
0-3
 
Business Electives Business Electives –one to three electives from
business departments 0100 – 0399 4
3-9
 
Sub Total
30
 
1 Courses in this category satisfy the technology requirement for the major.
2 If Risk Management & Insurance W359 is taken to fill the capstone writing requirement, the student must also take the prerequisite for the course RMI 0329 - Property and Liability Insurance Company Operations.
3 Transfer students admitted prior to Fall 2005 are not required to take the BA 0215 course, although it is highly recommended. If you do not take this course, you will need to take an additional business elective.
4 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 PROPERTY-LIABILITY/CORPORATE RISK MANAGEMENT MAJOR

Required Courses
Department
Course
Course Name
Semester Hours
Core Indicator
Risk Mgmt & Ins 0205 Life and Health Insurance and Employee Benefits
3
 
Risk Mgmt & Ins 0209 Property and Liability Insurance Coverages
3
 
Risk Mgmt & Ins 0329 Property and Liability Insurance Company Operations
3
 
Risk Mgmt & Ins W359 Global Corporate Risk Management
3
WI
Choose one of the following: 1
3
 
Risk Mgmt & Ins. 0325 Retirement Plans    
Risk Mgmt & Ins 0339
Actuarial Applications of Risk Mgmt & Insurance
   
Healthcare Mgmt 02012 Healthcare Financing and Information Technology    
Risk Mgmt & Ins   Any RMI elective course – needed only if HM 0201 is taken in category above
0-3
 
International course – choose one:
3
 
Economics 02503 International Trade    
Economics 02513 International Monetary Economics    
Finance 0250 International Financial Markets    
Finance 0251 International Financial Management    
GSM 0380 Global Strategic Management    
HRA 0201 International Human Resource Mgt    
Law 0106 International Law    
Marketing 0250 International Marketing    
Economics4   Any 200 level Economics course, excluding Economics 0288 and 0289 
0-3
 
BA 02155 Business, Society and Ethics
0-3
 
    Business Electives –one to four electives from
business departments 0100 – 03996

3-12
 
Subtotal
30
 
1 Courses in this category satisfy the technology requirement for the major.
2 If Healthcare Management 0201 is taken to fill the technology requirement, the student will need one additional elective in Risk Management and Insurance to meet the Department’s five course RMI requirement for the major.
3 If Economics 0250 or 0251 is chosen to fulfill the International requirement, you will also satisfy the Economics 200 level Economics Requirement. It is the recommendation of the Department that you do not take these courses.
4 If you did not take Economics 0250 or 0251, it is highly recommended that you take Economics 0203 (Economics of Risk and Uncertainty) or Economics 0262 (Health Economics) to meet this requirement.
5 Transfer students admitted prior to Fall 2005 are not required to take the BA 0215 course, although it is highly recommended. If you do not take this course, you will need to take an additional business elective.
6 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 HRA Majors

The Risk Management and Insurance Department and the Human Resource Administration 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.
· HRA major with a RMI concentration. Students take RMI 0205 (Life and Health Insurance and Employee Benefits), and RMI 0325 (Retirement Plans).
· RMI major with a HRA concentration. Students take HRA 0200 (Introduction to Personnel/Human Resource Management), and HRA 0340 (Compensation Management).
· Dual HRA/RMI major. Students fulfill all requirements for both majors.
For more information on joint HRA/RMI courses, contact Rob Drennan (215) 204-8894.

 

Copyright 2003, Temple University. All rights reserved