Risk Management and Insurance (RMGI PBC)
18 Credits
POST-BACCALAUREATE CERTIFICATE • 18 CREDITS MINIMUM • RMGI PBC
The Risk Management and Insurance Certificate program prepares students for analytical careers in organizations or within the insurance industry by developing skills to assess and effectively manage risk. The program focuses on the key concepts of risk forecasting and control programs and processes to evaluate potential risk treatments and risk management. Students learn the role of evaluation and treatment of hazard, operational, financial and organizational risks through root cause analysis, leading to the goal of business continuity management. Content aligns with the exams required for the completion of the Associate in Risk Management by the American Institute for Chartered Property Casualty Underwriters.
Prerequisites: The following prerequisite courses are required and must be completed before taking the major courses for the Post-Baccalaureate Certificate in Risk Management and Insurance.
• ACCT201 Accounting Foundations I (4 cr)
• FINC211 Corporate Finance (3 cr)
• MATH125 Intermediate Algebra (3 cr)
• STAT220 Introduction to Statistics (3 cr)
* Courses that were completed as part of an undergraduate degree cannot be applied to the Post-Baccalaureate Certificate requirements. An approved elective must be completed for any required course(s) that was previously completed.
Professional Certifications will be recognized but may not be used to fulfill a course requirement in this certificate program. A minimum of three RMGI courses must be completed at Davenport University in order to award this Post-Baccalaureate Certificate.
Which class should I take? When should I take it?
See our Recommended Program Sequences:
Major* |
18-31 Credits | |
|---|---|---|
| MGMT211 | This course provides a foundation in basic management principles with special application and focus on the supervisory level of management. The four universal functions of management (planning, organizing, leading, and controlling) are explored. Students learn the theories and study their impact on the history of management practices. Proper case analysis process is also examined and applied through the discussion of various supervisory/managerial case situations. Applicable Course Fees can be found at https://my.davenport.edu/financial-aid/how-much-does-du-cost/tuition-and-fees. Co-requisite(s): ENGL109 | |
| RMGI221 | This course introduces the principles of risk management, risk mitigation and insurance processes. Students will focus on developing awareness of the challenges, the tools, and the process of designing and implementing a risk management program, including, but not limited to, utilizing insurance as a form of risk management. The course also explores how big data and data analytics provide key insights to risk management. Applicable Course Fees can be found at https://my.davenport.edu/financial-aid/how-much-does-du-cost/tuition-and-fees. Recommended Co-requisite(s): MATH120 or MATH125, and MGMT211 | |
| RMGI420 or RMGI457 | Insurance Company Operations and Regulations or Managing Enterprise Risk | 3 |
| RMGI454 | ||
| RMGI455 | Students learn to effectively assess and treat organizational risks, including supply chain, cyber, social media, climate change, reputation, and regulatory risks. The course will focus on root cause analysis of production and process risks with the goal of business continuity management. A broad range of organizational risk, including intellectual property, reputation risk, management liability and human resource risk will be explored. Content in this course aligns with preparation for the national examination administered by American Institutes for Chartered Property Causality Underwriters (CPCU). Applicable Course Fees can be found at https://my.davenport.edu/financial-aid/how-much-does-du-cost/tuition-and-fees. Prerequisite(s): RMGI454 | |
| RMGI456 | This course examines the development and implementation strategies of retention, transfer and hybrid risk financing techniques. Students will focus on evaluating loss forecasting techniques and alternative risk transfer (ART) programs. Content in this course aligns with preparation for the national examination administered by American Institutes for Chartered Property Causality Underwriters (CPCU). Applicable Course Fees can be found at https://my.davenport.edu/financial-aid/how-much-does-du-cost/tuition-and-fees. Prerequisite(s): FINC211, RMGI321, and STAT220 |
Approved Elective for the Risk Management and Insurance Certificate |
(3) Credits | |
|---|---|---|
| RMGI490 | Contact Regional Internship Manager at least two semesters prior to enrolling. This bachelor-level risk management and insurance internship is the integration of previous classroom instruction with new learning acquired through on-the-job work experience. The employment experience should be related as closely as possible to the student’s major field and individual interest. In general, 150-200 hours of career-related work time shall be required at the employment site and evidenced by weekly reports filed by the student. Students will be given information concerning placement site possibilities; however, responsibility for selection by the internship employer rests with the student. The internship may be either paid or unpaid. An appropriate faculty member and the placement site supervisor will evaluate the student’s performance. Note: Any unexcused non-attendance or dismissal from an internship will result in a grade of F. A criminal background check and drug screen may be required by |