Anthony P. Campisi Risk Management Minor
Program Overview
The Anthony P. Campisi Risk Management Minor equips students with practical approaches to risk identification, management, and forecasting. Through case-based analysis, students develop skills in analyzing organizational risks, developing mitigation strategies, and making informed decisions under uncertainty. The program complements any major and prepares graduates for diverse career opportunities in risk management-related fields.
Program Outline
Degree Overview:
The Anthony P. Campisi Risk Management Minor
introduces students to the challenges and opportunities of unforeseen developments in the global economy. Open to students from all majors, the program focuses on practical approaches to risk identification, management, and forecasting for individuals and businesses.
Objectives:
- Understand the principles and processes of risk management.
- Apply risk management procedures to real-world situations.
- Analyze and evaluate organizational risks.
- Develop mitigation strategies for diverse risk types.
- Make informed strategic decisions under uncertainty.
Description:
This 15-credit hour minor delves into managing risk across various dimensions, including operational, financial, strategic, and insurance-related. Utilizing a case-based analysis approach, students study real-world occurrences, analyze case studies, participate in group projects, and build risk management plans.
Outline:
Required Courses (15 Credit Hours):
- FIN 330 Risk Management and Insurance (3 credit hours): Explores risk management concepts, analyzing various types of risk and associated insurance solutions.
- RMI 335 Corporate Risk Management (3 credit hours): Discusses the role of risk management in corporations, covering risk identification, assessment, and control techniques.
- RMI 340 Employee Benefits & Social Insurance (3 credit hours): Examines employee benefits programs and social insurance systems, including design, funding, and delivery.
- RMI 345 Individual Risk Management (3 credit hours): Focuses on managing personal risks, covering topics like health insurance, disability insurance, and retirement planning.
- RMI 350 Legal Issues in Risk Management (3 credit hours): Studies how legal issues impact risk management principles, exploring relevant laws and regulations.
Assessment:
The program utilizes a multifaceted assessment approach, including:
- Case studies: Analyzing real-world scenarios to apply learned concepts and develop risk management plans.
- Exams: Assessing theoretical knowledge and comprehension of key risk management principles.
- Group projects: Collaborating with peers to develop comprehensive risk management solutions.
- Presentations: Articulating risk management insights and findings to a professional audience.
Teaching:
Teaching Methods:
- Case-based learning fosters practical application of theory.
- Active participation encourages engagement and critical thinking.
- Collaborative projects promote teamwork and communication skills.
Faculty:
- Experienced risk management professionals with industry expertise.
- Dedicated to student success and fostering a supportive learning environment.
Careers:
Graduates of the program are well-equipped for diverse career opportunities in risk management-related fields. Potential career paths include:
- Risk Management Analyst
- Insurance Underwriter
- Loss Control Specialist
- Claims Adjuster
- Financial Analyst
- Cybersecurity Analyst
- Environmental Consultant
Other:
- The minor is designed to complement any major and enhance career prospects regardless of the chosen field.
- Students can tailor their learning experience by selecting elective courses from various risk management specialties.
- The program offers a foundation for further professional qualifications in risk management, such as the Certified Risk Management (CRM) designation.