College Spotlight: University of Cincinnati Insurance and Risk Management Program
The Insurance industry is one of the largest employers in Ohio. With over 200 insurance companies headquartered in the state and a variety of roles available, several Ohio colleges and universities have added insurance programs, majors, and certificates to their curriculum. The University of Cincinnati Carl H. Lindner College of Business offers an Insurance and Risk Management (IRM) program which includes a major and minor, as well as the opportunity to earn two course exam waivers for the Chartered Property Casualty Underwriter (CPCU) designation.
About the Program
There are three different paths students in the program can take, depending on their academic performance. The traditional studies path for a Bachelor of Business Administration (BBA) requires four units of college preparatory mathematics for freshman admission. This is required for admission into the College of Business, regardless of major. The second path is for Marvin P. Kolodzik Business Scholars (KBS). According to their website, the KBS program is a highly selective program designed for students who demonstrate advanced academic ability, creativity, and passion for their selected specialization. Finally, there is the Carl H. Lindner Honors-PLUS Program, the most selective program in the College of Business. Admission to this program considers the academic, non-academic, and extra-curricular history of its applicants. This is a five-year program with a mandatory co-op, and prospective students must apply before December 1 of their senior year of high school.
The coursework for the IRM major includes standard business classes such as accounting, economics, marketing, and management. Additionally, there are several insurance classes covering a range of insurance topics such as risk and liability, health and life insurance, and more.
Students of other majors within the Lindner College of Business are able to add an Insurance and Risk Management minor at any time. Students within other colleges at the University of Cincinnati can add the minor if they meet certain requirements, including completion of at least 50 percent of all minor coursework in the College of Business.
Chartered Property Casualty Underwriter Designation
As a part of the Insurance and Risk Management degree program, you will have the opportunity to begin working towards the Chartered Property Casualty Underwriter (CPCU) professional designation. Qualifying students majoring in Insurance and Risk Management may be able to waive up to two courses in the eight-part CPCU program, allowing them to get a head-start in the Institute’s Collegiate Studies for CPCU. Earning a CPCU professional designation will give your resume a boost and also gives you valuable industry knowledge and experience before your career has even started. Having professional credentials can help you advance in careers such as underwriting, and can also help you earn a higher salary.
You can learn more about the University of Cincinnati and their Insurance program by visiting their website. Not sure if an insurance career is right for you? Check out our to see variety of jobs in the insurance industry, and take our career survey to learn which one might be best for you!