B.S. in Risk Management & Insurance - Business Information Systems

Normal, Illinois

 

INTAKE: Jan, May & Aug

Program Overview

Illinois State University offers a robust B.S. in Risk Management & Insurance - Business Information Systems program designed to prepare students for careers in the dynamic field of risk management within the context of business information systems. This interdisciplinary program integrates principles of risk assessment, insurance practices, and information systems management to equip graduates with essential skills for analyzing and mitigating organizational risks.

Curriculum: The curriculum combines core courses in risk management, insurance principles, and business information systems with advanced coursework in data analytics, cybersecurity, and strategic management. Students gain a comprehensive understanding of how information systems contribute to risk assessment, decision-making, and business continuity planning.

Research Focus: The program emphasizes applied research in risk management and business information systems. Students have opportunities to engage in research projects that explore emerging trends in risk assessment methodologies, technological advancements in insurance practices, and data-driven approaches to managing organizational risks.

Industry Engagement: Illinois State University fosters strong partnerships with industry leaders in risk management, insurance, and information technology sectors. These partnerships provide students with internship opportunities, guest lectures from industry experts, and networking events that enhance their professional development and industry readiness.

Global Perspective: With a global perspective, the program incorporates coursework that explores international aspects of risk management and insurance practices. Students examine global risk factors, regulatory environments, and emerging market trends, preparing them to navigate the complexities of a globalized business landscape.

Pollster Education

Location

Normal, Illinois

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 27010

Undergraduate Entry Requirements

Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 70% or above in their previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall band score of 6.5 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 79 or higher.
  • PTE: Overall score of 53 or higher.
  • DET (Duolingo English Test): Minimum score of 115.

ISU offers several scholarships and financial aid options for international students to help them pursue their academic goals. These scholarships are based on academic achievements, leadership skills, and other criteria. 

International Tuition Waiver: International students who demonstrate exceptional academic performance and show promise for contributing to the ISU community may be eligible for tuition waivers. These waivers can significantly reduce the cost of tuition.

Redbird Academic Scholarship: This scholarship is awarded to incoming undergraduate international students who have outstanding academic records. The scholarship amount varies depending on the student's academic achievements.

Redbird International Ambassador Scholarship: This scholarship recognizes outstanding leadership skills and contributions to the international community. Recipients of this scholarship serve as ambassadors for international students at ISU.

College-Specific Scholarships: Various colleges within ISU offer scholarships for international students pursuing specific academic programs. These scholarships are often based on academic performance and potential for success in the chosen field of study.

Study Abroad Scholarships: ISU encourages international students to engage in study abroad programs to gain global experiences. The university offers scholarships to support international students' participation in these programs.

International students interested in applying for scholarships at ISU should review the specific eligibility criteria and application deadlines for each scholarship.

Graduates of Illinois State University's B.S. in Risk Management & Insurance - Business Information Systems program have diverse career opportunities at the intersection of risk management and information systems. They are well-prepared to pursue roles that involve assessing, analyzing, and mitigating risks within organizational contexts, leveraging information systems for strategic decision-making.

Risk Management Analyst: Many graduates start their careers as risk management analysts, where they assess potential risks to businesses and develop strategies to minimize them. They analyze data, evaluate insurance needs, and recommend risk management solutions that align with organizational goals.

Insurance Underwriter: Insurance underwriters evaluate insurance applications and determine coverage amounts and premiums based on risk assessments. They use information systems to analyze data trends, assess risk factors, and make informed decisions about insurance policies.

Business Intelligence Analyst: Some graduates work as business intelligence analysts, leveraging information systems to gather and analyze data that inform strategic business decisions. They identify patterns, trends, and opportunities to optimize business processes and enhance organizational efficiency.

Cybersecurity Risk Analyst: With a focus on information systems security, graduates may pursue careers as cybersecurity risk analysts. They assess cybersecurity risks, develop preventive measures, and implement security protocols to protect organizational data and systems from potential threats.

Risk Management Consultant: Graduates may work as risk management consultants, advising businesses on best practices for identifying, assessing, and managing risks. They provide strategic guidance, conduct risk assessments, and recommend customized solutions to optimize risk management strategies.


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