B.B.A. in Risk Management and Insurance

Entry Requirements for Undergraduate programs

Application Fees : US$ 85

1. Academic Qualifications: Prospective undergraduate students are required to have a minimum academic achievement of 75% or above in their previous educational qualifications.

2. English Language Proficiency:  

   • IELTS Overall: A minimum overall band score of 6.5 on the IELTS.
   • TOEFL iBT Overall: A minimum overall score of 79 on the TOEFL iBT.
   • PTE Overall: A minimum overall score of 53 on the PTE Academic.
   • DET Score: A minimum score of 100 on the Duolingo English Test.

Score reporting is required.

The University of North Texas (UNT) offers a variety of scholarships to support international students in pursuing their education in the United States. These scholarships are designed to recognize academic achievement, leadership potential, and contributions to the UNT community. 

1. International Excellence Scholarship: This merit-based scholarship is awarded to new undergraduate and graduate international students. The scholarship amount varies and can significantly offset tuition costs.

2. International Education Scholarship: This scholarship is available for undergraduate and graduate students. It is awarded based on academic achievement, financial need, and contributions to international education on campus.

3. International Transfer Scholarship: International transfer students can apply for this scholarship, which is based on their academic performance at their previous institution. It helps ease the financial burden of transferring to UNT.

4. International Student Emergency Fund: UNT provides this fund to assist international students facing unexpected financial emergencies or hardships.

5. Cultural Scholarships: UNT offers cultural scholarships that recognize and celebrate students' cultural and ethnic backgrounds. These scholarships support diversity and promote cultural awareness on campus.

6. Graduate Assistantships: Many graduate programs at UNT offer assistantship opportunities that include a stipend and tuition benefits. These positions allow international graduate students to gain valuable research or teaching experience while pursuing their degrees.

7. Departmental Scholarships: Some academic departments and colleges within UNT may offer scholarships specific to students in their programs. These scholarships often consider academic achievement and area of study.

8. Athletic Scholarships: UNT offers athletic scholarships to student-athletes who excel in various sports. These scholarships are based on athletic performance and can cover tuition and related expenses.

9. External Scholarships: International students can explore external scholarship opportunities from organizations, governments, and foundations outside of UNT. The International Student Office can provide guidance on finding these scholarships.

10. Private Scholarships: Some private organizations and donors provide scholarships to international students. These scholarships may have specific eligibility criteria and application processes.

It's important to note that scholarship availability and eligibility criteria can change from year to year.

The Bachelor of Business Administration (B.B.A.) in Risk Management and Insurance program at the University of North Texas (UNT) opens up a plethora of career opportunities for graduates. Equipped with a solid understanding of risk assessment, insurance principles, and financial strategies, students are well-prepared to thrive in various sectors. Graduates of the B.B.A. in Risk Management and Insurance program at UNT are well-equipped to pursue rewarding careers in insurance, risk management, financial services, and related fields. With their expertise in risk assessment, insurance principles, and financial strategies, they can make valuable contributions to organizations and help individuals and businesses navigate the complex world of risk and insurance.

1. Insurance Underwriter: Graduates can pursue roles as insurance underwriters, responsible for assessing insurance applications, evaluating risks, and determining coverage terms and premiums. They analyze data, financial statements, and risk factors to make informed decisions about insurance policies, ensuring profitability and risk mitigation for insurance companies.

2. Risk Manager: Risk managers play a crucial role in identifying, assessing, and mitigating risks within organizations. They develop risk management strategies, implement controls and procedures to minimize exposure to risks, and ensure compliance with regulations. Graduates can work in various industries, including finance, healthcare, manufacturing, and technology, helping organizations effectively manage risks and protect their assets.

3. Insurance Claims Adjuster: Graduates can pursue careers as insurance claims adjusters, responsible for investigating insurance claims, assessing damages, and negotiating settlements with policyholders. They analyze claim documents, gather evidence, and liaise with clients, attorneys, and other stakeholders to resolve claims efficiently and fairly, ensuring customer satisfaction and regulatory compliance.

4. Insurance Broker/Agent: Graduates can work as insurance brokers or agents, representing insurance companies and selling insurance products to individuals and businesses. They assess clients' insurance needs, recommend suitable coverage options, and negotiate insurance contracts and premiums. They also provide ongoing support, policy management, and claims assistance to clients, building long-term relationships and driving sales growth.

5. Risk Consultant: Graduates can pursue careers as risk consultants, advising organizations on risk management strategies, insurance solutions, and regulatory compliance. They conduct risk assessments, develop risk management plans, and recommend risk transfer options, such as insurance policies and alternative risk financing methods. They collaborate with clients to identify and prioritize risks, implement risk mitigation measures, and enhance organizational resilience.

6. Actuarial Analyst: Graduates can work as actuarial analysts, using mathematical models and statistical techniques to analyze risks and assess the financial impact of uncertain events. They design insurance products, price insurance policies, and estimate future liabilities and losses for insurance companies. They also provide risk analysis and financial forecasting for pensions, investments, and other financial products and services.

7. Financial Planner: Graduates can pursue careers as financial planners, helping individuals and families achieve their financial goals and secure their financial future. They assess clients' financial situations, develop personalized financial plans, and recommend investment strategies, insurance products, and retirement solutions. They provide guidance on wealth management, estate planning, tax optimization, and risk diversification, helping clients build and protect their wealth over time.