Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2019-2020

Business

School of Business

Concentration(s):
Risk Management and Insurance
Program description

The concentration in risk management and insurance prepares students for careers in the insurance and personal financial planning industry on all levels including (but not limited to) underwriting, claims adjusting, employee benefits, risk modeling and analysis, risk management in all sectors of the economy, financial planning, and graduate-level study of risk management.

Career opportunities

Risk management insurance is a high-demand industry with 500,000 new jobs projected in the next five years. Students who graduate with a degree in Business and a concentration in Risk Management and Insurance are typically employed as underwriters, claims professionals, risk managers, managers, analysts, wealth managers, and financial planners. VCU Alumni from the Risk Management program are employed with Markel Corporation, James River Insurance, Argo, Colony, Kinsale, Mass Mutual, Northwestern, AXA, Virginia Asset Management, New York Life, and a variety of local agents and brokers.

Change of major requirements

Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/.


Bachelor-level job titles
  • Administrative Service Managers
  • Branch or Department
  • Business Continuity Planners
  • Claims Examiners
  • Credit Analysts
  • Financial Managers
  • Financial Quantitative Analyst
  • Insurance Underwriters
  • Occupational Health & Safety Specialists
  • Property & Casualty Insurance
  • Risk Management Specialists
  • Security or Logistics Managers
Graduate and professional level job titles
  • Compliance Officer
  • Data Scientist
  • Director of Risk Management
  • Risk Management Consultant
Degree requirements in Bulletin
Plan of study in Bulletin
Highest level of math required
  • MATH 200 or SCMA 212 or BUSN 212
Science required
  • Core only
Foreign language requirements
  • No
Additional tuition/fees
  • Yes
GPA requirements (to progress/graduate in the major)
  • 2.5 to declare major/2.0 to graduate
Department name:
The Risk and Insurance Studies Center
Building/room location:
Snead Hall, Room B2170
Campus (where 75% of courses are taken):
Monroe park
Phone:
(804) 828-3932
Email:
Tgcook@vcu.edu

Major map compass icon
Major map

Explore
MAXIMIZE COURSE AND DEGREE PLANNING
  • Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.
  • Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and to discuss tutoring, electives, & degree progression.
  • Take a tour to learn about library spaces, services, & how to get research help.
  • Take Math Placement; register for math classes each semester through SCMA 302.
  • Map out a 4-year course plan in Degree Works' Student Educational Planner.
  • Attend Ready, Set, Go – Sophomore Transition Experience.  
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Be prepared for a challenging year of ACCT, ECON, and math classes.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.  
  • Take INFO 165 and MATH 200/SCMA 212.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Join related professional and student organizations such as RIMS, CPCU, R.C.A.,and Gamma Iota Sigma.
  • Gain practical experience related to career goals through internships, shadowing, part-time work, or independent skill building.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Attend Career & Internship Fairs and other professional development events. 
PREPARING FOR LIFE AFTER COLLEGE
  • Get plugged into VCULink to connect with students and alumni.
  • Conduct informational interviews or shadow someone in a field of career interest.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation.   
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Earn a C or better in FIRE 309, 311, 317 and 479 (Fall only), and a min. 2.0 GPA in the rest of the concentration requirements.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Get coaching for right certification from Professor Tim Cook.
  • Research professional certifications like the CPCU.
  • Talk to advisors, faculty, and career services about graduate school versus a job.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.

Excel
MAXIMIZE COURSE AND DEGREE PLANNING
  • Be aware of the multiple prereqs!
  • Complete the BUSN 499 Business Knowledge Exam.
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take final senior coursework and approved electives. Careful! Many of your courses are offered in only spring or fall.
  • Take MGMT 434 in your final semester.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
  • Read scholarly articles about diversity in your field.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Attend Business Career Fair and career events throughout the last year.
  • Attend Local Professional Organization Meetings for RIMS, CPCU and R.C.A.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed and do a mock interview at VCU Career Services. 
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2019-2020

Business

School of Business

Concentration(s):
Risk Management and Insurance
MAXIMIZE COURSE AND DEGREE PLANNING GET CONNECTED WITH YOUR COMMUNITY BUILD CULTURAL COMPETENCE GET REAL EXPERIENCE PREPARING FOR LIFE AFTER COLLEGE
Explore Year 1
  • Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.
  • Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and to discuss tutoring, electives, & degree progression.
  • Take a tour to learn about library spaces, services, & how to get research help.
  • Take Math Placement; register for math classes each semester through SCMA 302.
  • Map out a 4-year course plan in Degree Works' Student Educational Planner.
  • Attend Ready, Set, Go – Sophomore Transition Experience.  
Experience Year 2
  • Be prepared for a challenging year of ACCT, ECON, and math classes.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.  
  • Take INFO 165 and MATH 200/SCMA 212.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Join related professional and student organizations such as RIMS, CPCU, R.C.A.,and Gamma Iota Sigma.
  • Gain practical experience related to career goals through internships, shadowing, part-time work, or independent skill building.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Attend Career & Internship Fairs and other professional development events. 
  • Get plugged into VCULink to connect with students and alumni.
  • Conduct informational interviews or shadow someone in a field of career interest.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation.   
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
Year 3
  • Earn a C or better in FIRE 309, 311, 317 and 479 (Fall only), and a min. 2.0 GPA in the rest of the concentration requirements.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Get coaching for right certification from Professor Tim Cook.
  • Research professional certifications like the CPCU.
  • Talk to advisors, faculty, and career services about graduate school versus a job.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
Excel Year 4
  • Be aware of the multiple prereqs!
  • Complete the BUSN 499 Business Knowledge Exam.
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take final senior coursework and approved electives. Careful! Many of your courses are offered in only spring or fall.
  • Take MGMT 434 in your final semester.
  • Read scholarly articles about diversity in your field.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Attend Business Career Fair and career events throughout the last year.
  • Attend Local Professional Organization Meetings for RIMS, CPCU and R.C.A.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed and do a mock interview at VCU Career Services. 
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.