Overview

The Risk Management and Insurance major at Illinois State University prepares students to manage a variety of traditional and emerging risks, as well as explore different treatment options including the use of insurance and other risk transfer solutions.

Why study Risk Management and Insurance?

Insurance allows policyholders the ability to shift the financial burden of unpredictable loss caused by natural catastrophes and other perils. to facilitate the transfer of risk, insurers employ a variety of professionals to screen potential buyers, estimate policyholder loss, invest premium dollars, and manage financial resources to promptly settle claims when they become due. In addition, individuals with insurance expertise may choose careers advising businesses how to effectively handle insurance risks rather than working for insurance complanies.

Programme Structure

Courses include:

Applied Calculus
Managerial Accounting
Legal, Ethical And Social Environment Of Business
Liability Insurance
Information Systems In Organizations
Operations Management
Business Fundamentals Exam

Organizational Strategy

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-01-13 00:00:00
- Apply before 2026-11-01 00:00:00
Starting 2027-08-18 00:00:00
- Apply before 2027-04-01 00:00:00

Language

English

Duolingo English Test

105

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TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

Normal, United States

Disciplines

Risk Management Actuarial Science Insurance View 265 other Bachelors in Actuarial Science in United States

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Academic requirements

GPA

Required

English requirements

Duolingo English Test

105

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Unofficial academic records, from all schools attended (in original language and an official word for word English translation)
English proficiency score
Passport
Grade point average

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

24132 USD / year

≈ 24132 USD / year
Out-of-State

24132 USD / year

≈ 24132 USD / year
Domestic

Applies to you

In-State

12066 USD / year

≈ 12066 USD / year

Living costs

Normal

United States

1100 - 1500 USD / month

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

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Risk Management and Insurance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Why study Risk Management and Insurance?

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Normal

Funding

Scholarships Information

Available Scholarships

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