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Risk Management and Insurance MBA Concentration Overview

The MBA Risk Management and Insurance concentration provides the student with the skills needed to compete in a global economy where the timely interpretation of ever-changing financial information is critical to business success. Through this concentration the student will gain in-depth financial knowledge and skills to help make those interpretations. MBA Risk Management and Insurance graduates work in insurance, banking, financial services, financial supervision, corporate finance, consulting, project management and many other disciplines.

Program Summary

MBA Gateway Courses (0-12) credits
6200:601 Financial Accounting 3
6400:602 Managerial Finance 3
6400:655 Government and Business 3
3250:600 Foundations of Economic Analysis 3

Gateway courses may be waived based on recent comparable coursework or waiver exams.

MBA Proficiencies

Students must show proficiency in the following areas critical to success in the MBA:

  • Microsoft Excel/Spreadsheets
  • Writing
  • Quantitative Skills/Statistics

MBA Professional Courses* (6 credits)
6700:689 Leading and Influencing (required in year 1, first semester) 1
6700:691 Professional Integrity 1
6700:693 Negotiations in the Workplace 1
6500:601 Business Analytics and Information Strategy 3
MBA Core Courses* (18 credits)
6200:610 Process Analysis and Cost Management 3
6400:674 Strategic Financial Decision Making 3
6500:670 Management of Supply Chain and Operations 3
6500:652 Managing People in Organizations 3
6600:620 Strategic Marketing 3
6800:605 International Business Environments 3
*All core and Professional courses require Excel, writing and statistics proficiency prior to enrollment.
MBA Action Learning Course (0-3 credits)
The Action learning course CAN be satisfied within the concentration

Concentration: Risk Management and Insurance
Required (9 credits):
6400:514 Risk Management and Insurance: Property and Casualty 3
6400:515 Risk Management and Insurance: Life and Health 3
6400:561 Financial Risk Management 3
Select three credits from the following electives (3 credits):
3250:527 Economic Forecasting 3
6400:631 Financial Markets and Institutions 3
6400:645 Investment Analysis 3
6400:650 Techniques of Financial Modelling 3
6500:690 Selected Topics in Finance 3
6500:695 Research in Finance 3
6500:697 Independent Study in Finance 3
Total Credits in Risk Management and Finance 12
MBA Integrative Course
6500:695 Organizational Strategy
(Restricted to Students graduating within two semesters)
Total Credit Hours 51-54

Admission Requirements

  • GMAT (score of 500 or better preferred) or GRE, LSAT, PCAT, or MCAT scores. Test waivers may be granted for students holding an advanced degree or those with three or more years of work experience beyond conferral of the bachelor's degree. Contact the Graduate Programs Office in the College of Business Administration for waiver request process.
  • Two letters of recommendation
  • Statement of purpose
  • Resume

Application Deadline

  • August 1 for Fall enrollment
  • December 1 for Spring enrollment
  • May 1 for Summer enrollment

International Student Applications

It is recommended that international students apply six weeks prior to these dates to allow time for admission and I-20 visa processing.  I-20 forms are processed by UA Immigration Services in the International Center, Buchtel Hall. Proof of English Proficiency is required by producing an acceptable TOEFL or IELTS score.

Students currently admitted to this program may have different course requirements than those listed here. Refer to your official Program Checklist and DPR in My Akron for your program requirements.

For More Information:

Department of Finance

Degrees Offered: MBA Master of Business Administration

Program Contact: