M.A. Applied History and Public Humanities
The M.A. in Applied History and Public Humanities at The University of Akron combines h...
B.B.A. Risk Management and Insurance
Akron, Ohio
INTAKE: Jan & Aug
Program Overview
The University of Akron offers a comprehensive B.B.A. in Risk Management and Insurance program designed to prepare students for careers in the dynamic field of risk assessment and insurance planning. This program equips students with the skills and knowledge needed to manage financial risks and protect organizations against potential losses.
Curriculum: The curriculum includes core courses in risk management principles, insurance fundamentals, actuarial science, and financial analysis. Students also study topics such as underwriting, claims management, enterprise risk management, and regulatory compliance in insurance.
Research Focus: The program emphasizes practical applications and research in risk management and insurance. Students have opportunities to conduct research projects on topics like risk modeling, insurance market trends, risk assessment methodologies, and the impact of regulatory changes on insurance practices.
Industry Engagement: The University of Akron maintains strong connections with insurance companies, risk management firms, and financial institutions. Through internships, guest lectures, and industry-sponsored projects, students gain valuable insights into real-world practices and build professional networks.
Global Perspective: The B.B.A. in Risk Management and Insurance program incorporates a global perspective through coursework on international insurance markets, global risk management strategies, and cross-border regulatory frameworks. Students explore how geopolitical and economic factors influence insurance practices worldwide.
Location
Akron, Ohio
Score
IELTS 6
Tuition Fee
USD 20961
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 71 or higher.
- DET (Duolingo English Test): Minimum score of 95.
- SAT: Not required for undergraduate admissions.
The University of Akron (UA) offers a variety of scholarships to support international students financially. These scholarships are designed to help alleviate the cost of tuition and support academic excellence.
Merit Scholarships: Merit scholarships at UA are automatically considered for all incoming first-year students. These awards are based on a comprehensive review of the applicant’s academic transcripts, curriculum, and cumulative GPA.
Williams Honors College Scholarships: First-year, transfer, and continuing students who meet specific academic qualifications can apply for the Williams Honors College Scholarships. These scholarships range from $1,500 to $2,000 and require an application to the Williams Honors College, including an interview.
Provost’s Scholarships for Transfer Students: These scholarships, ranging from $1,000 to $5,000, are available to students transferring from another regionally accredited college or university. Transfer students are automatically considered for these awards upon applying for admission.
International Student Scholarship Opportunities: International students can also benefit from various specific scholarships offered by different departments and programs within the university. For instance, the Buchtel College of Arts and Sciences offers numerous scholarships for students pursuing majors within their disciplines. These range from awards for academic merit to those supporting specific fields of study.
Graduates with a B.B.A. in Risk Management and Insurance from The University of Akron are well-equipped for a range of rewarding careers in the financial services and insurance industries.
Risk Manager: Graduates can work as risk managers, analyzing and assessing potential risks faced by organizations. They develop strategies to mitigate risks and ensure business continuity.
Insurance Underwriter: Graduates may become insurance underwriters, evaluating insurance applications, determining coverage risks, and setting premium rates based on risk assessments and company guidelines.
Claims Adjuster/Examiner: Graduates can pursue careers as claims adjusters or examiners, investigating insurance claims, determining coverage, and negotiating settlements with policyholders or claimants.
Risk Analyst: Graduates may work as risk analysts, conducting risk assessments and quantitative analysis to evaluate financial risks for companies. They provide recommendations to minimize exposure to financial losses.
Insurance Broker/Agent: Graduates can become insurance brokers or agents, selling insurance policies to individuals and businesses. They advise clients on coverage options, premiums, and policy terms.
Actuarial Analyst: Graduates interested in mathematics and statistics may pursue careers as actuarial analysts, analyzing data to calculate insurance risks, premiums, and reserves for insurance companies.
Claims Manager: Graduates may advance to roles as claims managers, overseeing claims departments, setting claims policies, and ensuring efficient claims processing and customer service.
Risk Consultant: Graduates can work as risk consultants, providing advisory services to businesses on risk management strategies, compliance with regulatory requirements, and insurance solutions.
