Written By Bowie State University
Students interested in learning more about risk management, insurance and the career opportunities available in the rapidly expanding industry can now enroll in a new course for the spring semester.
Principles of risk management and insurance (FINA – 400) will introduce students to the sector and provide them with an overview of the varied positions that they can fill in the upcoming years. The course will also enable students to understand how to evaluate insurance options for their personal lives. Offered by the College of Business, the course is open to all students interested in learning more about insurance and risk management.
“Risk management is the business of identifying, evaluating and prioritizing risks,” said William Roberts, the FINA – 400 professor. “This is followed by the application of resources to minimize, monitor, and control the impact of unfortunate events such as tornadoes, hurricanes and other untimely disasters.”
Demand for risk management specialists is expected to go up with an expected 54,350 jobs filled by 2029. This represents an annual increase of 1.31% over the next few years.
The growing risk management and insurance industry will drive salaries ranging from $97,000 to $150,000. Risk management and insurance careers offer a high degree of job security and a sustainable and stable career path.