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Risk Management and Insurance, B.Sc.

  • Anytime
    Application Deadline
  • 48 months
    Duration
University rank #1139 (BCR) Normal, IL, United States
The Risk Management and Insurance major at Illinois State University is a premier, nationally known curriculum that prepares students for careers in insurance and risk management.
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Overview

INTO helps you apply for free to your undergraduate degree. If you meet the programme application requirements (including English language scores) you can benefit from Undergraduate Direct Entry for your desired university. They will assist you with multiple university application. The application does not cost you anything. Another great advantage is that you will receive a Form I-20 to get more easily through the student visa process for the United States.

Why study Risk Management and Insurance major at Illinois State University 

The financial aspects of insurance involve the accumulation and management of premium dollars to promptly and fairly settle claims and to profitably operate the company. 

Because this function is quite broad, individuals are needed to locate buyers of policies, screen potential buyers, pay claims, and manage company funds. Individuals with insurance expertise may choose careers advising businesses how to effectively handle insurance risks rather than working for insurance companies. 

Though insurance is a financial field, insurance companies need the technical and extensive data processing support which is carried by computer scientist and actuaries.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  •  Financial Accounting 
  • Managerial Accounting
  • Information Systems in Organizations 
  • Enterprise 
  • Business Fundamentals Exam
  • Principles of Microeconomics 
  • Principles of Macroeconomics

English Language Requirements

  • Minimum required score:

    79

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score:

    53

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

    More about PTE Academic

Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • All information is provided as a guide and does not guarantee entry. Admissions decisions are at the discretion of the university.

  • High School Diploma. Minimum 3.0 GPA on a 4.0 scale.

Studyportals Tip: Students should consider taking one of the Pre-Bachelor's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills

Tuition Fee

  • International

    27069 USD/year
    Tuition Fee
    Based on the original amount of 27069 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Normal

  • 1100 - 1500 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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