The Insurance and Risk Management Program at Indiana State University is recognized as one of the
top undergraduate programs in North America—and one of two ISU Programs of National Distinction.
The University offers a bachelor of science (B.S.) in insurance and risk management.
The program provides students with the applied and theoretical knowledge needed for leadership roles. Upon completion, students possess the skills, risk management and insurance
knowledge, ethics, technological competency, and confidence necessary to succeed in the insurance and
financial services industry.
Coursework includes a comprehensive base of liberal studies and business courses—plus an
exceptionally broad range of challenging coursework that focuses on all major aspects of insurance,
risk management, and financial planning. All coursework is first-tier among insurance and risk
management programs nationwide, and serves as the foundation for professional designations and licenses.
The program's many partnerships with industry professionals, companies, and organizations provide
a unique level of support for students, including:
Paid internships with hands-on learning opportunities
Mentor relationships with up-and-coming industry executives
An aggressive pursuit of nationally competitive scholarship awards
Opportunities to network with industry professionals at state, national, and international events
Chances to be involved at national conferences and related industry meetings
Personalized faculty advisement concerning their career aspirations and job search
Each year, our students win numerous national competitions, scholarships, and internships and
have a variety of other enriching professional experiences available to them. Students have several
opportunities for international study, including the Surplus Lines Insurance course, which
typically involves travel to London over spring break. Some internships also include international
travel and lead to career positions that include work in other countries or with professionals
from other parts of the world.
As a freshman, students join Fresh Faces, which brings freshmen together to take a break from
their busy college lives. Insurance and risk management majors and minors also participate in
Gamma Iota Sigma, the international collegiate risk management, insurance, and actuarial science
organization. The Insurance and Risk Management Honors Corps recognizes the academic achievements
of the program's talented majors and minors who earn a 3.6 or higher overall grade point average.
Note: The Insurance and Risk Management Program is offered both on the Terre Haute campus and via
distance learning through the University's DegreeLink Program.
According to the Bureau of Labor Statistics, in April 2012, approximately 2.3 million Americans work in the
trillion-dollar insurance industry, making an average of $1,250 per week, and approximately 48,600 Hoosiers work
in the insurance industry in Indiana. Based on the most recently available data, the insurance industry in Indiana
is among the top two industries, both in number of employees and in wages earned.
Few industries can match the diversity of career opportunities that are available to insurance
and risk management graduates. Almost 100 percent of our majors and about half of our minors have
chosen to work in insurance or related financial services offices because of the quality of the
job offers they have received.
Our graduates are recruited for employment in insurance companies, corporate risk management
departments, banks, insurance agencies and brokerages, human resource departments, financial
planning offices, consulting organizations, government, and regulatory agencies.
Graduates work as actuaries, brokers, claims adjusters, employee benefits specialists, financial planners,
fraud investigators, risk analysts, and underwriters.
Students have many sources of financial support for their studies, including financial aid, work-study programs, veterans' benefits, and special scholarships for entering freshmen and transfer students.
In addition, the Scott College of Business offers a variety of scholarships. Entering freshmen compete for
Gongaware Scholarships—and the Networks Scholarship for students aspiring to any financial services
Annually, insurance and risk management majors and minors compete for more than 40 scholarships
worth over $50,000 that are made possible by members of the ISU Insurance Advisory Council and
other industry leaders. There also is a scholarship for students who are fluent in Spanish.
In addition, students compete in a variety of national competitions, annually winning more than $30,000.
The Catalog of Indiana State University is the document of
authority for all students. The requirements given in the catalog supersede information issued by any
academic department, program, college, or school. The University reserves the right to change the
requirements at any time.