Bachelor of Business Administration in Risk Management and Insurance

Tap into an industry that offers both a diverse set of career opportunities and an exciting, ever-evolving environment by pursuing Brenau’s Bachelor of Business Administration in Risk Management and Insurance (RMI). Through this major, you will gain the knowledge and tools needed to effectively identify, assess and control risks that occur among assets, people and organizations. 

Over 2.8 million people in the U.S. work in various RMI roles, according to the Insurance Information Institute, and the demand for individuals in this field continues to grow. Risk management and insurance jobs are critically important for both individuals and businesses, so you will enter the workforce with a competitive advantage — wherever your career takes you.

Student opportunities

• Have the option of taking our RMI introductory course — even if you’re not an RMI major — to try out the program before making a commitment 
• Gain foundational and professional-level knowledge on the different types of insurance such as property, liability, health and life
• Learn how to manage risks and ways to utilize insurance as a risk sharing tool
• Hone your skills by choosing one of four pathways — finance, health care administration, human resources or marketing
• Benefit from learning in small classes where you will have the opportunity to receive one-on-one support from faculty with industry experience
• Take six RMI-specific courses, which includes four RMI core courses and two additional courses from your chosen pathway

RMI Core Courses

As an RMI major, you are required to take these four core courses:

• RMI 351: Principles of Risk Management and Insurance
• RMI 420: Insurer Operations
• RMI 430: Commercial Property and Liability Insurance
• RMI 451: Enterprise Risk Management

RMI Pathways

Brenau’s RMI major offers four different pathways for you to choose from, giving you the ability to align your classes with your career interests. As an RMI major, you will choose ONE of the four pathways and complete their respective two classes:

Finance

• FI 403: Corporate Financial Policy
• FI 406: Financial Risk Management

Healthcare Administration

• HC 304: Economics, Budgeting, and Finance in Healthcare
• HC 420: Law and Policy in Healthcare

Human Resources Management

• HR 401: Benefits and Compensation
• HR 422: HR Strategic Planning

Marketing

• MK 412: Sales Management
• MK 473: Marketing Management

Potential careers

• Risk manager
• Insurance agent/broker
• Underwriter
• Claims adjuster
• Loss control consultant
• Product developer
• Data analyst
• Drone operator
• Entrepreneur
• Technology professional
• Compliance/quality control

This program was made possible in part with the generous program development support of the Spencer Educational Foundation and RIMS, the risk management society®️.

The Spencer Educational Foundation is a 501(c)(3) nonprofit organization funding the education of tomorrow’s risk management and insurance leaders through scholarships, grants, internship opportunities, on and off campus experiential learning, and support of risk management/insurance curricula. Since Spencer was founded in 1979, we have impacted thousands of students and driven more and better prepared talent into risk and insurance roles. For more information, please visit us at www.spencered.org

RIMS, the risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedIn, Twitter, and Facebook. To learn more, visit www.RIMS.org.