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Risk Management and Insurance
The Risk Management and Insurance program equips students with the analytical and strategic skills necessary to identify, assess, and manage various types of risk in both personal and business contexts. This comprehensive degree combines foundational business education with specialized courses in insurance operations, financial risk analysis, and corporate risk strategy. Students explore topics such as underwriting, claims management, reinsurance, and enterprise risk management, while also gaining an understanding of the legal and regulatory environments that shape the industry. Through a mix of theoretical coursework and practical simulations, the program develops expertise in how organizations can protect their assets and ensure long-term sustainability.
Throughout the four years, students benefit from a curriculum that blends classroom instruction with experiential learning, including case studies, risk assessment projects, and access to industry-standard software. The program emphasizes both qualitative and quantitative skills, ensuring graduates are able to navigate uncertainty, make data-driven decisions, and provide risk advisory services across sectors. With close connections to industry professionals and alumni networks, students are also supported in building strong career paths through internships, mentorship programs, and networking events that connect them directly with leaders in the insurance and financial services industries.
Key information
Key Facts
- Program Title: Risk Management and Insurance
- Degree Type: Bachelor of Business Administration
- Duration: 4 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 15 January 2026
- Location: University of Wisconsin, United States
- Field of Study: Management Studies
- Language of Instruction: English
Program Structure
Year 1 – Business and Economic Foundations
• Principles of Microeconomics
• Principles of Macroeconomics
• Introduction to Business
• College Algebra or Business Calculus
Year 2 – Core Business Competencies
• Financial Accounting
• Managerial Accounting
• Business Statistics
• Legal Environment of Business
Year 3 – Risk and Insurance Fundamentals
• Principles of Risk Management
• Insurance Operations
• Corporate Finance
• Business Communication and Ethics
Year 4 – Advanced Risk Strategies and Capstone
• Enterprise Risk Management
• Property and Liability Insurance
• Insurance Law and Regulation
• Risk Management Capstone Project
Career Opportunities
Graduates of the Risk Management and Insurance program are highly sought after in sectors ranging from financial services and corporate consulting to government agencies and nonprofit organizations. Career paths include roles such as risk analyst, insurance underwriter, claims adjuster, benefits consultant, and compliance manager. With a strong foundation in risk assessment and mitigation, graduates are also well positioned for roles in enterprise risk management and strategic planning within multinational firms. The program’s emphasis on data interpretation, decision-making under uncertainty, and legal awareness makes graduates especially competitive in today’s dynamic global markets. Many also pursue professional certifications such as CPCU, ARM, or CFA, or continue on to MBA programs for further advancement.
Why Choose This Program
Choosing the Risk Management and Insurance program at the University of Wisconsin means entering a future-facing field with wide-ranging applications in both public and private sectors. The curriculum is built to foster practical understanding, technical proficiency, and strategic thinking, ensuring graduates are ready to navigate the complex world of risk in business environments. The university’s strong connections with industry partners provide exceptional internship and job placement opportunities, while faculty with real-world expertise offer mentorship that bridges theory and practice. This program is ideal for students who enjoy working with numbers, solving problems, and developing safeguards against uncertainty—making a meaningful difference in how individuals and organizations prepare for the unexpected.
Contact Information
For further information, please contact the admissions office at:
Phone: +1 608-262-2433
Email: admissions@grad.wisc.edu
Address: 217 Bascom Hall, 500 Lincoln Drive, Madison, WI 53706, USA
