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The Minor in Insurance and Risk Management, administered by the Department of Finance, teaches the skills necessary for students seeking careers as underwriters, claim adjusters, agents or brokers in the insurance organization, as well as careers in risk management in financial institutions. Students will learn how to quantify, manage and price risk, while learning the structure, evolution and regulation of the finance and insurance sector of the economy.

The minor is available to students who are enrolled in bachelor’s degree programs at Michigan State University. With the approval of the department and college that administer the student’s degree program, the courses that are used to satisfy the minor may also be used to satisfy the requirements for the bachelor’s degree.

Admission

To be admitted to the minor, students must complete one course from item (a) and one course from item (b). A grade of 3.0 or higher in each course is required for admission.

a. One (1) of the following courses (3 credits)

b. One (1) of the following courses (3 credits)

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If you have satisfied the course prerequisites for admission, you are invited to apply to the insurance and risk management minor.

Minor in Insurance and Risk Management Requirements

Students must complete a total of 15 credits from the list of required courses and elective courses.

Required Courses (9 credits)

Minor Selection Courses

Students must take at least two (2) courses from the following list (5 or 6 credits).