Program: Insurance and Risk Management Major - Indiana State University

Aug 15, 2025

2023-2024 Undergraduate Catalog

(78 credits)

The Insurance and Risk Management Program prepares students to identify, analyze, and manage risks that are faced by organizations and individuals.

*Accredited by AACSB International-The Association to Advance Collegiate Schools of Business. For more information click here.

Business Core - All Four Year Majors (54 credits):

Business:

BUS 100 - Introduction to Contemporary Business 3 Credits
BUS 180 - Business Information Tools 3 Credits
BUS 201 - Principles of Accounting I 3 Credits
BUS 202 - Principles of Accounting II 3 Credits
BUS 205 - Business Statistics 3 Credits
BUS 221 - Introduction to Management Information Systems 3 Credits
BUS 263 - Legal Environment and Business 3 Credits
BUS 305 - Introduction to Business Forecasting & Analytics 3 Credits
BUS 311 - Business Finance 3 Credits
BUS 351 - Introduction to Operations Management 3 Credits
BUS 361 - Principles of Marketing 3 Credits
BUS 371 - Management and Organizational Behavior 3 Credits
BUS 401 - Senior Business Experience 3 Credits

Required Courses that may fulfill Foundational Studies:

BEIT 336 - Business Report Writing 3 Credits
BUS 204 - Ethics in Organizations 3 Credits
ECON 200 - Principles of Macroeconomics 3 Credits
ECON 201 - Principles of Microeconomics 3 Credits
MATH 105 - Quantitative Reasoning in Business 3 Credits

Required Insurance Courses (24 credits):

INS 340 - Introduction to Risk and Insurance 3 Credits
INS 341 - Life Insurance 3 Credits
INS 345 - Commercial Risk Management 3 Credits
INS 430 - Risk Management and Insurance 3 Credits
INS 432 - Employee Benefits 3 Credits

Elective Courses:

Choose 9 credits from:

FIN 333 - Principles of Investments 3 Credits
INS 342 - Health Insurance 3 Credits
INS 343 - Commercial Property Risk Management and Insurance 3 Credits
INS 344 - Commercial Liability Risk Management and Insurance 3 Credits
INS 401 - Business & Consumer Implications of Genome Science 3 Credits
INS 435 - Planning for Business Owners and Professionals 3 Credits
INS 436 - Financial Planning 3 Credits
INS 437 - Insurance Operations 3 Credits
INS 439 - Insurance Internship 3-6 Credits
INS 449 - Individual Study in Insurance and Risk Management 1-4 Credits
INS 499 - Contemporary Issues: Readings in Insurance and Risk Management 1-4 Credits
MKTG 344 - Professional Selling 3 Credits

Degree Map

A requirement to this plan is to become fully admitted to the Scott College of Business by the end of the fourth semester. College of Business Admission (COBA) requires: an average GPA of 2.25 or higher in BUS 100 , BUS 180 , BUS 201 , BUS 205 , and ECON 200 ; completion of freshman English composition, communication, and MATH 105 .