The B.S.B.A. in Risk Management & Insurance (RMI) is a workforce‐aligned undergraduate program that prepares students for high‐demand careers in the insurance, risk management, and financial services sectors. The curriculum builds foundational knowledge in risk assessment, insurance operations, regulatory environments, data analytics, and financial risk management, including risk financing strategy and risk transfer and retention decisions. Students develop broad familiarity with major insurance products - property and casualty, life, health, annuities, disability income, long‐term care, social insurance, and retirement—reinforced through applied learning experiences such as internships, case studies, and industry engagement. Graduates are equipped with strong analytical, problem‐solving, and communication skills for roles in underwriting, claims, brokerage, consulting, catastrophe analytics, compliance, employee benefits, enterprise risk management, reinsurance, financial planning, and related fields.
Designed to meet evolving workforce needs and support the broader insurance and risk management marketplace, the RMI program emphasizes practical skills, exposure to real‐world insurance and risk management practices, and career readiness. By integrating business fundamentals with specialized risk and insurance coursework, the degree prepares graduates to contribute immediately to employers across a wide range of sectors and geographies, including those addressing the resilience of Florida communities. Graduates bring a strong, intuitive command of data, analytics, and emerging technologies shaping the future of the industry. The program leverages partnerships with insurers, reinsurers, brokers, agents, and regulatory agencies to deliver a high‐impact, career‐focused educational experience.
Degree Requirements
Core Requirements: Advanced Level
45 Total Credits
- Complete all of the following
Primary Core- Complete the following:
- ACG3173 - Accounting for Decision-Makers (3)
- QMB3200 - Quantitative Business Tools II (3)
- FIN3403 - Business Finance (3)
- MAN3025 - Management of Organizations (3)
- MAR3023 - Marketing (3)
Secondary Core- Complete the following:
- GEB3005 - Career Search Strategy (1)
- GEB3006 - Introduction to Career Development and Financial Plannings (3)
- BUL3130 - Legal and Ethical Environment of Business (3)
- MAR3203 - Supply Chain and Operations Management (3)
- GEB4223 - Business Interviewing Techniques (1)
- GEB4004 - Executing Your Career Plan (1)
- QMB3602 - Business Research for Decision Making (3)
Required Courses for Major- Complete the following:
- RMI3011 - Risk Management and Insurance (3)
- RMI4115 - Lifecycle Risk Management (3)
- RMI4224 - Property and Casualty Insurance Products (3)
- RMI4292 - Property and Casualty Insurance Operations (3)
- RMI4347 - Commercial Risk Management (3)
Electives
9 Total Credits
- Complete all of the following
- Complete at least 2 of the following:
- RMI4135 - Employee Benefit Plans (3)
- RMI4226 - Insurance Data Analytics (3)
- RMI4308 - Seminar in Risk and Its Control (3)
- MAR3391 - Professional Selling (3)
- RMI 4295 - Advanced Property and Casualty Insurance (3) RMI 4420 - Legal Aspects of Insurance (3)
- Earn at least 3 credits from the following types of courses: Any upper-level business course.
Restricted Electives
3 Total Credits
- Complete all of the following
- Complete at least 1 of the following:
- BUL4135 - Business Law, Estate Planning, Tax, and Financial Planning (3)
- FIN4560 - Applied Portfolio Management (3)
- FIN4433 - Venture Capital and Private Equity (3)
- ACG3141 - Intermediate Financial Accounting II (3)
- ECO4412 - Econometrics I (3)
- ECO4422 - Econometrics II (3)
- ECO3101 - Intermediate Microeconomics (3)
- ECO4443 - Introduction to Business Analytics (3)
- MAR3391 - Professional Selling (3)
- REE4203 - Commercial Real Estate Finance (3)
- REE4303 - Real Estate Investment Analysis (3)
- FIN4941 - Finance Internship (3)
- FIN4451 - FinTech for Decision Makers (3)
- FIN4903H - Honors Directed Reading I. (1-99)
- FIN4970H - Honors Undergraduate Thesis I (1-99)
- FIN4906 - Directed Independent Study
- Finance Restricted Electives Notes: ACG 3141 - Intermediate Financial Accounting II : Must be an accounting major or accounting minor to register for this course.ACG3141 requires ACG3131 with B or better. FIN 4941 - Finance Internship: Requires an overall GPA of 2.75 and a 3.0 GPA in the major. FIN4903H - Honors Directed Reading I: Must be in the UCF Honors in the Major Program. FIN 4970H - Undergraduate Honors Thesis: Must be in the UCF Honors in the Major Program. FIN4906 Directed Independent Study: Requires Department Approval. FIN4451 Fintech for Decision Makers: Requires Department Approval and ECO4444. FIN4430 Private Equity: Requires FIN450 Equity and Capital Markets (FIN4424 Advanced Topics is recommended). FIN4560 Applied Portfolio Management: Requires FIN3414 AND FIN4504 (FIN4514 recommended). FIN4451 requires FIN4450. BUL4135: Requires a B or better in FIN3140. ECO 4412: Requires ECO 2013, ECO 2023, and ECO 3411. ECO4422: Requires ECO4412. ECO 4443: Requires FIN4243 and FIN 4504 with C or better. ECO3101: Requires ECO2012, ECO2023, and ECO3401.
- Students can select 2 courses from the RMI electives above, in lieu of restricted electives.
Capstone Requirement
3 Total Credits
- Complete the following:
- MAN4720 - Strategic Management (3)
Grand Total Credits: 60
Foreign Language Requirements
Admissions
- Two years of one foreign language in high school, or one year of one foreign language in college (or equivalent proficiency exam) prior to graduation
Graduation Requirements
- Students who change their degree programs and select this major must adopt the most current catalog.
- Students wanting to major in Risk Management & Insurance must meet admission requirements for the major.
- Any student receiving a business degree must complete a minimum of 30 of the 60 upper level business credit hours for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
- For students seeking a double major within the College of Business, a maximum of 6 hours of Required Courses for the Major or Restricted Electives may count towards another business major. Not eligible for a double degree with another College of Business Administration major.
- A maximum of 6 hours of Core Requirements or Restricted Electives may count towards another degree program or minor.
- Students in the Risk Management & Insurance major must maintain a 2.75 or higher cumulative Grade Point Average in all 3000 level or higher Risk Management & Insurance courses taken at UCF and a 2.0 or higher cumulative GPA in all College of Business courses taken at UCF. Failure to maintain the required GPAs will result in the student being placed on Lack of Progress in the major and/or College. If a student on Lack of Progress fails to achieve the minimum required GPA in the subsequent term of enrollment, the student will be dismissed from the Risk Management & Insurance major and/or College of Business. Students dismissed from their major are not eligible to declare a minor in the major they were dismissed from. Students who change their major while on Lack of Progress in the Major and take courses in a subsequent term of enrollment are not permitted to return to the major or minor for which they were placed on Lack of Progress. A student who is dismissed may seek consideration for readmittance into the College or major by submitting an academic appeal through the College indicating the reasons for academic difficulties and positive plans for achieving the required GPA. Readmission is not automatic or guaranteed and as an exception to College policy is rarely granted.
Departmental Exit Requirements
- A minimum major GPA of 2.75 and a minimum College of Business GPA of 2.0.
University Minimum Exit Requirements
- A 2.0 UCF GPA
- 42 semester hours of upper division credit completed
- 30 of the last 39 hours of course work must be completed in residency at UCF.
- A maximum of 45 hours of extension, correspondence, CLEP, Credit by Exam, and Armed Forces credits permitted.
- Complete the General Education Program, the State Writing and Math Requirement, and nine hours of Summer credit.
Total Undergraduate Credit Hours Required: 120
