Risk Management & Insurance
R. B. Drennan, Program Director
Alter Hall 628
215-204-8894
rob.drennan@temple.edu
Located in the Department of Risk, Insurance, and Healthcare Management, the Risk Management and Insurance (RMI) program prepares students to identify and evaluate various sources of risk, then select and implement solutions to control these risks through insurance and other mechanisms of risk transfer and distribution.
Graduates of this program often enter the risk management or employee benefit departments of large businesses and other organizations. They may also take challenging positions within insurance or benefit consulting firms, brokerage firms, agency operations, or insurance companies.
Risk management and insurance majors are strongly encouraged to become active in the Sigma chapter of Gamma Iota Sigma, Temple's national award-winning professional student organization in Risk Management, Insurance, and Actuarial Science. The organization hosts numerous guest speakers from the industry, sponsors a variety of career development seminars, and maintains a widely-distributed résumé book. For more information, please contact the GIS President at 215-204-9368 or visit the web site at www.sigmachapter.org.
RMI & HRM Focus
The Department of Risk, Insurance and Healthcare Management offers Risk Management and Insurance (RMI) courses that complement the Department of Human Resource Management's (HRM) courses for students interested in a career in employee benefits and/or human resource management. These courses allow students to broaden their career options by taking advantage of the cross-training offered by these departments.
- HRM major with a RMI focus: Students take RMI 3501 and RMI 3503.
- RMI major with a HRM focus: Students take HRM 2501 and HRM 3511.
- Dual HRM/RMI major: Students fulfill all requirements for both majors.
For more information on joint HRM/RMI courses, contact Rob Drennan at 215-204-8894.
Minor
Students in any college who are interested in the health professions and want to enhance their skills by understanding the business principles underlying healthcare systems should consider a minor in Healthcare Management. Risk Management majors who complete the Healthcare track are not eligible for the minor. Courses cannot be used to meet minor requirements if already used to meet the requirements for a major or a different minor.
Major Tracks within Risk Management & Insurance
Students in the Risk Management & Insurance major may select from one of three tracks depending on their interests. These include:
Healthcare Management Courses
HCM 3501. Introduction to Health Services Systems. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Economics, Economics, Entrprnrship & Innovation Mgt, Entrepreneurship, Finance, Financial Planning, General Business Studies, Healthcare Management, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Public Health, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Course Attributes: IN
Repeatability: This course may not be repeated for additional credits.
HCM 3502. Healthcare Financing and Information Technology. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Economics, Economics, Entrprnrship & Innovation Mgt, Entrepreneurship, Finance, Financial Planning, General Business Studies, Healthcare Management, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
HCM 3501|Minimum Grade of C|May not be taken concurrently.
HCM 3580. Special Topics - Healthcare Management. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may be repeated for additional credit.
HCM 4596. Healthcare Quality and Risk Management. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Economics, Economics, Entrprnrship & Innovation Mgt, Entrepreneurship, Finance, Financial Planning, General Business Studies, Healthcare Management, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Course Attributes: WI
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
HCM 3502|Minimum Grade of C|May not be taken concurrently
OR (HCM 3501|Minimum Grade of C|May not be taken concurrently
AND RMI 3501|Minimum Grade of C|May not be taken concurrently)
OR CRHC01 Y|May not be taken concurrently
OR (CRRM03 Y|May not be taken concurrently
AND HCM 3501|Minimum Grade of C|May not be taken concurrently)
Risk Management and Insurance Courses
RMI 0822. Investing for the Future. 4 Credit Hours.
Course Attributes: GQ
Repeatability: This course may not be repeated for additional credits.
RMI 2101. Introduction to Risk Management. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Business, Business Plus, Construction Engr Tech, Construction Mgt Tech, Economics, Economics, Entrprnrship & Innovation Mgt, Engineering Technology, Entrepreneurship, Finance, Financial Planning, General Business Studies, Horticulture, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(ECON 1101|Minimum Grade of C-|May not be taken concurrently
OR ECON 1901|Minimum Grade of C-|May not be taken concurrently
OR ECON 1102|Minimum Grade of C-|May not be taken concurrently
OR ECON 1902|Minimum Grade of C-|May not be taken concurrently)
AND (STAT 1001|Minimum Grade of C-|May not be taken concurrently
OR STA2 Y|May not be taken concurrently
OR STT2 Y|May not be taken concurrently
OR STAT 1102|Minimum Grade of C-|May not be taken concurrently
OR STAT 1902|Minimum Grade of C-|May not be taken concurrently
OR MATH 1022|Minimum Grade of C-|May not be taken concurrently
OR MATH 1031|Minimum Grade of C-|May not be taken concurrently
OR MATH 1041|Minimum Grade of C-|May not be taken concurrently
OR MATH 1941|Minimum Grade of C-|May not be taken concurrently
OR MATH 1038|Minimum Grade of C-|May not be taken concurrently
OR STT3 Y|May not be taken concurrently
OR ST2A Y|May not be taken concurrently
OR MATW Y|May not be taken concurrently)
RMI 2102. Professional Development in Risk Management and Insurance. 1 Credit Hour.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Actuarial Science, Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently)
AND (BA 2101|Minimum Grade of C-|May not be taken concurrently)
RMI 2501. Fundamentals of Personal Financial Planning. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Economics, Economics, Entrprnrship & Innovation Mgt, Engineering Technology, Entrepreneurship, Finance, Financial Planning, General Business Studies, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Repeatability: This course may not be repeated for additional credits.
RMI 2901. Honors Introduction to Risk Management. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Fields of study: Accounting, Actuarial Science, Business Management, Business, Construction Mgt Tech, Economics, Economics, Entrprnrship & Innovation Mgt, Engineering Technology, Entrepreneurship, Finance, Financial Planning, General Business Studies, Horticulture, Human Resource Management, International Business, Law & Business, Legal Studies, Management Information Systems, Marketing, Real Estate, Risk Management and Insurance, Supply Chain Management, Statistical Sci + Data Analyt, Undeclared-Business & Mngt.
Cohort Restrictions: Must be enrolled in one of the following Cohorts: SCHONORS, UHONORS, UHONORSTR.
Course Attributes: HO
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(ECON 1101|Minimum Grade of C-|May not be taken concurrently
OR ECON 1901|Minimum Grade of C-|May not be taken concurrently
OR ECON 1102|Minimum Grade of C-|May not be taken concurrently
OR ECON 1902|Minimum Grade of C-|May not be taken concurrently)
AND (STAT 1001|Minimum Grade of C-|May not be taken concurrently
OR STA2 Y|May not be taken concurrently
OR STT2 Y|May not be taken concurrently
OR MATH 1022|Minimum Grade of C-|May not be taken concurrently
OR MATH 1031|Minimum Grade of C-|May not be taken concurrently
OR MATH 1041|Minimum Grade of C-|May not be taken concurrently
OR MATH 1941|Minimum Grade of C-|May not be taken concurrently
OR MATH 1038|Minimum Grade of C-|May not be taken concurrently
OR STAT 1102|Minimum Grade of C-|May not be taken concurrently
OR STAT 1902|Minimum Grade of C-|May not be taken concurrently
OR STT3 Y|May not be taken concurrently
OR ST2A Y|May not be taken concurrently
OR MATW Y|May not be taken concurrently)
RMI 3501. Managing Human Capital Risk. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3502. Managing Property Liability Risk I. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3503. Retirement Plans. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3501|Minimum Grade of C|May not be taken concurrently
OR CRRM03 Y|May not be taken concurrently)
AND (FIN 3101|Minimum Grade of C|May not be taken concurrently
OR FIN 3901|Minimum Grade of C|May not be taken concurrently
OR AS 2503|Minimum Grade of C|May not be taken concurrently
OR CRFI01 Y|May not be taken concurrently
OR CRFI07 Y|May not be taken concurrently
OR CRAS04 Y|May not be taken concurrently)
RMI 3504. Managing Property Liability Risk II. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3501|Minimum Grade of C|May not be taken concurrently
OR CRRM03 Y|May not be taken concurrently)
AND (RMI 3502|Minimum Grade of C|May not be taken concurrently
OR CRRM04 Y|May not be taken concurrently)
RMI 3505. Risk Financing. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3501|Minimum Grade of C|May not be taken concurrently
OR CRRM03 Y|May not be taken concurrently)
AND (RMI 3502|Minimum Grade of C|May not be taken concurrently
OR CRRM04 Y|May not be taken concurrently)
AND (FIN 3101|Minimum Grade of C|May not be taken concurrently
OR FIN 3901|Minimum Grade of C|May not be taken concurrently
OR AS 2503|Minimum Grade of C|May not be taken concurrently
OR CRFI01 Y|May not be taken concurrently
OR CRFI07 Y|May not be taken concurrently
OR CRAS04 Y|May not be taken concurrently)
RMI 3506. Risk Analytics. 3 Credit Hours.
Department Restrictions: Must be enrolled in one of the following Departments: Business:Risk,Insur & HC Mgmt.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Actuarial Science, Risk Management and Insurance.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3501|Minimum Grade of C|May not be taken concurrently
OR CRRM03 Y|May not be taken concurrently)
AND (RMI 3502|Minimum Grade of C|May not be taken concurrently
OR CRRM04 Y|May not be taken concurrently)
AND (STAT 2103|Minimum Grade of C-|May not be taken concurrently
OR STAT 2512|Minimum Grade of C-|May not be taken concurrently)
RMI 3511. Social Insurance and Public Policy. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
RMI 3519. Insurance, Benefits and Retirement Planning. 3 Credit Hours.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3567. Managing International Risk. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently)
AND ((RMI 3501|Minimum Grade of C|May not be taken concurrently
AND RMI 3502|Minimum Grade of C|May not be taken concurrently)
OR AS 3596|Minimum Grade of C|May be taken concurrently
OR AS 3597|Minimum Grade of C|May be taken concurrently
OR (CRRM04 Y|May not be taken concurrently
AND RMI 3501|Minimum Grade of C|May not be taken concurrently)
OR (CRRM03 Y|May not be taken concurrently
AND RMI 3502|Minimum Grade of C|May not be taken concurrently)
OR (CRRM03 Y|May not be taken concurrently
AND CRRM04 Y|May not be taken concurrently)
OR CRAS06 Y|May not be taken concurrently
OR CRAS07 Y|May not be taken concurrently)
RMI 3580. Special Topics - Risk Management & Insurance. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may be repeated for additional credit.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3581. Field Experience in Risk Management and Insurance. 3 Credit Hours.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may be repeated for additional credit.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3582. Independent Study. 1 to 6 Credit Hour.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Actuarial Science, Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may be repeated for additional credit.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3682. Independent Study. 1 to 6 Credit Hour.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Actuarial Science, Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Repeatability: This course may be repeated for additional credit.
Pre-requisites:
RMI 2101|Minimum Grade of C|May not be taken concurrently
OR RMI 2901|Minimum Grade of C|May not be taken concurrently
OR RM01 Y|May not be taken concurrently
OR CRRM01 Y|May not be taken concurrently
OR CRRM02 Y|May not be taken concurrently.
RMI 3999. Honors Thesis I. 1.5 Credit Hour.
Course Attributes: HO
Repeatability: This course may be repeated for additional credit.
RMI 4596. Advanced Topics in Managing Human Capital Risk. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Course Attributes: WI
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3501|Minimum Grade of C|May not be taken concurrently
OR CRRM03 Y|May not be taken concurrently)
AND (RMI 3502|Minimum Grade of C|May not be taken concurrently
OR CRRM04 Y|May not be taken concurrently)
AND (BA 2196|Minimum Grade of C-|May not be taken concurrently
OR BA 2996|Minimum Grade of C-|May not be taken concurrently)
RMI 4597. Managing Risk Across the Enterprise. 3 Credit Hours.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Course Attributes: WI
Repeatability: This course may not be repeated for additional credits.
Pre-requisites:
(RMI 3502|Minimum Grade of C|May not be taken concurrently
OR CRRM04 Y|May not be taken concurrently)
AND (RMI 3504|Minimum Grade of C|May not be taken concurrently
OR CRRM05 Y|May not be taken concurrently)
AND (BA 2196|Minimum Grade of C-|May not be taken concurrently
OR BA 2996|Minimum Grade of C-|May not be taken concurrently)
RMI 4999. Honors Thesis II. 1.5 Credit Hour.
Field of Study Restrictions: Must be enrolled in one of the following Majors: Risk Management and Insurance.
College Restrictions: Must be enrolled in one of the following Colleges: Business & Mngmnt, Fox School.
Cohort Restrictions: Must be enrolled in one of the following Cohorts: SCHONORS, UHONORS, UHONORSTR.
Course Attributes: HO
Repeatability: This course may be repeated for additional credit.
Pre-requisites:
RMI 3999|Minimum Grade of C-|May not be taken concurrently.