Department of
RISK MANAGEMENT/INSURANCE AND REAL ESTATE AND PROGRAM IN BUSINESS LAW

College of Business

Chair: Patrick F. Maroney; Professors: Boggs, Corbett, Diskin, Maroney, Marshall, Sirmans, Stauber, Vickory; Associate Professors: Eastman, Gatzlaff; Assistant Professor: Dumm; Robert L. Atkins Memorial Professor in Risk Management and Insurance: Eastman; Kenneth G. Bacheller Professor of Real Estate: Sirmans; Mark C. Bane Professor in Business Administration: Gatzlaff; Kathryn Magee Kip Professor: Maroney; Independent Life & Accident Insurance Company Professor: Corbett; State Farm Insurance Professor: Marshall

The College of Business offers a doctoral program in business administration and a master's program in management with a major in insurance. The doctoral concentration in the Department of Risk Management/Insurance is designed to give students broad preparation in the theory and practice of modern risk management and employee benefits administration, based on foundation knowledge of the insurance contract and institution. The faculty is committed to working closely with a few students and seeing those students to a timely completion of their programs. The areas of expertise represented by the faculty allow students to pursue various research and teaching interests as they prepare for careers in academic institutions. The insurance major for the master's program is designed for insurance professionals. The convergence in the financial services marketplace requires insurance, brokerage, and banking managers to have a much broader base of knowledge in order to effectively compete. The insurance major in the master's program addresses this need. It is offered on a distance-learning basis to allow the working professional to obtain a degree.

Requirements

The master's degree with a major in insurance requires completion of thirty-three (33) semester hours of graduate level coursework. The doctoral program primary area coursework consists of six (6) required courses, as well as support area work and the analytical and research tools courses. Typical support areas for risk management and insurance majors include real estate, management information systems, and finance, but there is flexibility to match the interests of the particular student.

Definition of Prefixes

BUL - Business Law

REE - Real Estate

RMI - Risk Management/Insurance

Graduate Courses

Master's

Note: the 5000 level courses are reserved exclusively for graduate students. No courses carrying both undergraduate and graduate credit are offered. Courses which may be repeated for credit are designated by "r" immediately following the course number.

BUL 5810. The Legal Environment of Business (3). Will create an awareness of the laws and of the legal, political, and social institutions which impact upon business activity. Will emphasize public law and governmental regulation. Landmark legislation and judicial decisions will be examined.

REE 5045. The Real Estate Process (3). Introduction to general principles of real estate as both a product and a process; relationship of real estate system to basic functional areas of business.

REE 5315. Real Estate Project Feasibility Analysis (3). Introduction to real estate decision-making process for determination of real estate site use orinvestment being used, dealt with, or pursued.

REE 5935r. Special Topics in Real Estate (1-3). In-depth study of current topics in real estate. May be repeated to a maximum of nine (9) semester hours when topics change.

RMI 5136. Employee Benefit Plans (3). Managerial approach to employee benefit plans such as group insurance and pensions with in-depth consideration given to funding instruments and variety among plans

RMI 5345. Risk Management in the Business Enterprise (3). Application of the risk management process, including risk control and risk financing techniques, to business risk management problems.

RMI 5906r. Directed Individual Study (1-3). (S/U grade only.) Prerequisite: Consent of associate dean for academic programs. May be repeated to a maximum of three times.

RMI 5907r. Special Studies in Management (1-3). Prerequisite: Consent of associate dean for academic programs. May be repeated to a maximum of three times.

RMI 5917r. Supervised Research (1-3). (S/U grade only.) Prerequisite: Consent of associate dean for academic programs. For master's candidates only. A maximum of three (3) hours may apply towards the master's degree. May be repeated to a maximum of three times.

RMI 5935r. Special Topics in Risk Management and Insurance (1-3). In-depth study of current topics in risk management and insurance. May be repeated to a maximum of nine (9) semester hours when topics change.

RMI 5946r. Supervised Teaching (1-3). (S/U grade only.) Prerequisite: Consent of associate dean for academic programs. A maximum of three (3) hours may apply to the master's degree. May be repeated to a maximum of three times.

RMI 5971r. Thesis (3-6). (S/U grade only.) A minimum of six (6) semester hours is required.

RMI 8966r. Master's Comprehensive Examination (0).

RMI 8976r. Master's Thesis Defense (0).

Doctoral

Note: the doctoral curriculum includes courses selected from the following in addition to those offered at the 5000 level. In exceptional cases master's candidates may elect 6000 level courses with permission of the instructor and the associate dean for academic programs.

RMI 6195. Doctoral Seminar in Insurance: Life/Health Insurance Topics (3). Review of current literature and theory in life/health insurance, including product development, management and regulation of life insurance companies, and the place of life insurance companies in the capital markets.

RMI 6296. Doctoral Seminar in Insurance: Property/Liability Insurance Topics (3). Review of current literature and theory in property/liability insurance, including product development, management and regulation of property/liability insurance companies, and the place of property/liability insurance companies in the capital markets.

RMI 6395. Doctoral Seminar in Risk and Insurance Theory (3). Review of literature in the theoretical foundations of risk and insurance, including the concept of risk, contributions from other disciplines, determinants of insurance consumption and risk management decisions, and industry dynamics.

RMI 6917r. Supervised Research (1-3). (S/U grade only.) Prerequisite: Consent of associate dean for academic programs. May be repeated to a maximum of three times.

RMI 6946r. Supervised Teaching (1-3). (S/U grade only.) Prerequisite: Consent of associate dean for academic programs. May be repeated to a maximum of three times.

RMI 6980r. Dissertation (1-12). (S/U grade only.) A minimum of twenty-four (24) semester hours is required.

RMI 8964r. Doctoral Preliminary Examination (0).

RMI 8985r. Dissertation Defense Examination (0).