Risk Management/Insurance Major Overview
Housed in the Department of Risk Management/Insurance, Real Estate and Legal Studies, the major in Risk Management/Insurance at Florida State University is consistently ranked among the top programs in the nation. It is designed to provide students with an overall background in risk management; life and health insurer operations and products; property and casualty operations and products; financial planning; and employee benefits.
The placement rate for graduates of the program has been excellent. In addition to the university's Career Center activities, the department holds Insurance Days, its own two-day placement program for RMI majors focusing on internships and full-time jobs. The “fast-tracking” of many training programs available through our department provide students with a competitive advantage over other new hires.
Close interaction between the RMI students, faculty and alumni continues as a hallmark of the program. In 2012, the Risk Management/Insurance Program was named the Dr. William T. Hold/The National Alliance Program in Risk Management and Insurance.
Admission Requirements for the Risk Management/Insurance Major
The Risk Management/Insurance major is a limited-access program. To be admitted to the major, a student must meet the admission requirements for limited-access programs in the College of Business. Upon completing all requirements for this major, the student will graduate with a Bachelor of Science in Risk Management/Insurance.
Courses for the major are updated each academic year. Students must use the course requirements from the academic year they were accepted in the College of Business. Typically students are admitted to the college beginning their junior year, and the academic year runs fall through summer.
Mapping is Florida State University’s academic advising and monitoring system that provides the student with a recommended eight semester map for completing their bachelor’s degree in four years. Summer semesters are not included in degree mapping, but the student may use summer terms to either get ahead or catch up in their degree program.
Students do not have to complete all of the recommended classes on their map to remain on course; they simply must meet certain minimum requirements known as "milestones." Milestones include a minimum grade point average (GPA), completion of specific classes and minimum grades (“C-” or better) in the milestone classes. Milestones are identified on each major map. All incoming freshmen are monitored for Semester 1 milestone criteria, regardless of the number of hours brought in through dual enrollment and/or credit by examination.
Students will be contacted if they are not making the appropriate progress. Students who do not satisfy the appropriate milestones at the end of any semester will be notified of such status by the university. The first time a student is off course, a Hold will be placed on registration; and the student will be required to contact an adviser to have the registration Hold removed. The adviser will discuss: (1) what is necessary to get back on course; and/or (2) possible alternative majors. If the student is off course for two consecutive semesters, a Hold placed is placed on registration; and the student will be required to change their major to an area outside of business.
Risk Management/Insurance Major Opportunities
Students learn outside the classroom through our department’s internships, careers and licensing opportunities as well as the college’s internship program and international programs. Education also is enhanced through the many networking and leadership opportunities offered in student organizations, such as Gamma Iota Sigma, and our numerous industry specific events. Generous scholarships help support students along the way.