M.A. in Anthropology
California State University, Northridge (CSUN) offers a dynamic and comprehensive Maste...
B.S. in Business Administration - Risk Management and Insurance
Los Angeles, California
INTAKE: Jan & Aug
Program Overview
The Bachelor of Science in Business Administration with a concentration in Risk Management and Insurance at California State University - Northridge is designed to prepare students for careers in the rapidly evolving field of risk management and insurance. This program provides a robust understanding of risk assessment, insurance principles, and financial protection strategies. Students gain insights into how businesses identify, analyze, and mitigate various risks, making them well-equipped to handle challenges in both corporate and personal risk management environments.
Curriculum: The curriculum for the B.S. in Business Administration - Risk Management and Insurance combines core business courses with specialized classes focused on risk management and insurance. Key coursework includes Risk Management, Insurance Principles, Risk Financing, Loss Control, and Claims Management. In addition, students take foundational business courses in Financial Accounting, Business Law, Marketing, and Strategic Management. This blend of business fundamentals and specialized risk management education ensures that graduates are adept at handling complex risk-related issues.
Research Focus: Research within the Risk Management and Insurance concentration at CSUN often centers on emerging trends in risk management, insurance market dynamics, and the impact of regulatory changes. Faculty and students explore topics such as risk assessment methodologies, insurance fraud prevention, and the effects of climate change on insurance industries. Research also includes the development of new risk management tools and techniques to enhance decision-making and risk mitigation strategies.
Industry Engagement: The program emphasizes strong industry engagement through internships, professional development events, and partnerships with insurance and risk management professionals. Students are encouraged to gain practical experience through internships with insurance companies, risk management firms, and financial institutions. CSUN also hosts industry guest speakers, networking events, and career fairs to connect students with potential employers and industry leaders, enhancing their career prospects and industry knowledge.
Global Perspective: The B.S. in Business Administration - Risk Management and Insurance incorporates a global perspective by addressing international risk management practices and global insurance markets. Students study global risk factors, international insurance regulations, and cross-border risk management strategies. This global outlook helps students understand how global events and international policies impact risk management and insurance practices, preparing them to operate effectively in an international context.
Location
Los Angeles, California
Score
IELTS 6
Tuition Fee
USD 17538
Undergraduate Entry Requirements
Application Fee: US$70
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 75% 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 61 or higher.
- PTE: Overall score of 50 or higher.
- DET (Duolingo English Test): Overall score of 95.
California State University, Northridge (CSUN), is supporting international students in their pursuit of higher education. The university offers a range of scholarships and financial aid options to help alleviate the financial burden of studying in the United States.
International Achievement Scholarship: CSUN's International Achievement Scholarship is designed to recognize and reward outstanding academic achievement. Eligibility is based on academic excellence, and recipients can receive up to $5,000 per academic year.
The Dream US Scholarship: This scholarship is specifically aimed at undocumented students, including those with DACA (Deferred Action for Childhood Arrivals) status. It provides financial support to help cover tuition and other educational expenses.
Intensive English Program (IEP) Scholarships: CSUN offers scholarships to international students who enroll in the Intensive English Program (IEP). These scholarships are awarded based on merit and help students improve their English language skills.
Privately Funded Scholarships: CSUN administers several privately funded scholarships that are available to international students. These scholarships may have specific eligibility criteria related to academic major, community involvement, or other factors.
Study Abroad Scholarships: CSUN encourages international students to participate in study abroad programs. The university offers scholarships to help offset the costs associated with studying abroad, including program fees and travel expenses.
External Scholarships: CSUN also assists international students in identifying external scholarship opportunities. These scholarships may be offered by government agencies, foundations, and international organizations.
Athletics Scholarships: CSUN has a competitive NCAA Division I athletics program. Talented international student-athletes may be eligible for athletics scholarships based on their sports achievements.
Cultural Scholarships: Some cultural organizations and clubs on campus may offer scholarships to international students who are actively engaged in promoting and celebrating their cultures.
Graduates of the B.S. in Business Administration with a concentration in Risk Management and Insurance from California State University - Northridge are well-prepared for a range of careers in the dynamic field of risk management and insurance. The program equips students with the skills and knowledge to address various risks and uncertainties faced by businesses and individuals.
Risk Manager: Risk Managers are responsible for identifying, analyzing, and mitigating risks that could impact an organization’s assets and earning potential. They develop strategies to minimize risk exposure, implement risk management policies, and ensure compliance with regulatory requirements. This role requires a strong understanding of risk assessment techniques and risk mitigation strategies.
Insurance Underwriter: Insurance Underwriters evaluate insurance applications and determine the risk associated with insuring clients. They assess factors such as applicant’s health, property conditions, and other risk factors to decide on coverage terms and premiums. This role involves detailed analysis and decision-making to ensure that policies are issued at appropriate risk levels.
Claims Adjuster: Claims Adjusters investigate insurance claims to determine the extent of the insurance company's liability. They review claim reports, gather evidence, interview claimants, and assess damages to decide on the amount of compensation. This position requires strong analytical skills and attention to detail.
Insurance Broker: Insurance Brokers act as intermediaries between clients and insurance companies. They help clients find suitable insurance policies that meet their needs and negotiate terms on their behalf. Brokers must stay updated on market trends and insurance products to provide the best options for their clients.
Risk Consultant: Risk Consultants provide expert advice to organizations on managing and mitigating risks. They conduct risk assessments, develop risk management plans, and recommend strategies to improve an organization’s risk profile. This role often involves working with a variety of industries to address specific risk-related challenges.
Actuary: Actuaries use mathematical and statistical methods to assess risk and uncertainty in the insurance and finance industries. They analyze data to predict future events and financial outcomes, helping companies make informed decisions about insurance policies and investment strategies.
Loss Control Specialist: Loss Control Specialists focus on preventing and minimizing losses for businesses and insurance companies. They assess potential hazards, develop safety programs, and implement measures to reduce the likelihood of accidents and claims. This role involves conducting inspections and recommending improvements to safety practices.
Insurance Compliance Officer: Compliance Officers ensure that insurance companies and their operations adhere to industry regulations and standards. They monitor compliance, conduct audits, and address any issues related to regulatory requirements. This role requires a strong understanding of insurance laws and regulations.
Financial Planner with Risk Management Focus: Financial Planners help individuals and businesses manage their finances and investments, with a focus on incorporating risk management strategies. They provide advice on insurance coverage, investment risks, and financial planning to protect clients' assets and ensure financial security.
Real Estate Risk Analyst: Real Estate Risk Analysts assess risks associated with real estate investments and transactions. They analyze market conditions, property values, and potential risks to provide recommendations for investment decisions and risk mitigation strategies.
