Risk Management and Insurance

Program Overview

Gannon University's Risk Management and Insurance program prepares students for careers in this dynamic field, emphasizing current trends and providing internships, service-learning projects, and an interactive curriculum. The program is nationally accredited and offers a personalized experience with a low student-to-faculty ratio and access to state-of-the-art technology. Graduates secure successful careers in insurance and risk management, with a median annual salary potential of up to $150,000.

Program Outline

Degree Overview:

• Gannon University's Risk Management and Insurance concentration prepares students for careers in this dynamic field.
• The curriculum emphasizes current and future risk management trends and includes internships, service-learning projects, and an interactive and rigorous curriculum.
• The program helps students understand the principles and mechanics of insurance, financial planning, employee benefits, and risk management, as well as mitigating business risk.
• Students learn to conduct enterprise risk management assessments and develop business continuity plans.
• The program is nationally accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
• Students can increase their career marketability through complementary industrial safety courses or the cybersecurity minor option.
• The program is offered as a concentration within the Bachelor of Science in Business Administration (BSBA) degree.
• Beginning in AY24-25, the BSBA degree will be phased out in lieu of a BS degree with majors, and the Risk Management and Insurance concentration will transition to a major.
• The BS degree with majors in Accounting, Economics, Finance, Management, Marketing, and Sport Business will be ACBSP accredited.

Teaching:

• The program provides a personalized experience with a low student-to-faculty ratio of 13:1.
• Students have access to state-of-the-art technology and global software resources.
• Students attend local and national risk management conferences to enhance their classroom learning.

Careers:

• The program has strong ties in the local industry, providing students with opportunities for internships and careers.
• Graduates secure successful careers as insurance underwriters, risk managers, insurance agents, and more.
• The median annual salary for professionals in this field has the potential to range up to $150,000, according to the Bureau of Labor Statistics.

Other:

• Students collaborate with local and regional organizations on internship and service-learning opportunities.
• The program has access to resources from the Small Business Development Center, Erie Technology Incubator, and Northwest Pennsylvania Beehive Network, all located within Gannon's Center for Business Ingenuity.
• Students gain real-world knowledge through key risk management and insurance courses including:
• Commercial Insurance: Learn to design commercial insurance plans for different types of companies.
• Enterprise Risk Management: Understand how to manage company risk holistically and conduct enterprise risk management analysis for companies.
• Industrial Safety: Explore practical approaches to managing risk to people and property in industrial workplaces and enhance critical thinking and communications skills through case studies and project planning exercises.
• The program emphasizes the importance of ethical issues, integrity, inclusiveness, and social responsibility in real-world business behavior.
• Students demonstrate concentration knowledge and appropriate application of business concepts, opportunities, and practices in their respective major.
• Gannon University offers generous financial aid packages and scholarship awards.