A student listens to a faculty member

By 2020, the risk management and insurance industry will create more than 400,000 jobs.

As a student in our bachelor’s degree program, you’ll earn credit for Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), and Certified Risk Manager (CRM) courses. Our students have been ranked No. 1 in the U.S. for the number of students earning the University Associate – Certified Risk Manager (UACRM) designation. Our students also pursue opportunities in life and health insurance, employee benefits, and financial planning.

You’ll attend industry-related events each year, such as the Chicagoland Risk Forum (formerly REBEX), Surplus Lines Forum, Independent Insurance Agents of Indiana Convention, and RIMS Annual Conference.

Skills You Will Learn

  • identifying risks for individuals and businesses
  • analyzing insurable and uninsurable risks
  • determine methods of reducing risk
  • understanding life and health insurance
  • understanding property and casualty insurance
  • manage operations of insurance companies 

Program Requirements

As a risk management and insurance major, you’ll pursue a course of study which includes:

  • Ball State’s Core Curriculum
  • 14 undergraduate business foundation courses
  • specialized risk management and insurance course work (including a 15-credit risk management and insurance core)
  • three credits of insurance, risk management, and business electives
  • a broad array of general electives




A few of the classes you will take include:

  • Principles of Risk Management and Insurance
  • Employee Benefits and Retirement Planning
  • Operations of Insurance Enterprises
  • Commercial Risk Managemnt and Insurance
  • Corporate Risk Management

For a full list of all program requirements and course descriptions, please see our Course Catalog.

View Catalog

What Can You Do with a Degree in Risk Management and Insurance?

Interested in a field of study with fast-paced job growth? The insurance industry is expected to create more than 400,000 new jobs by 2020. A major in risk management and insurance opens the doors to these career opportunities:

Job Titles

Salary Ranges

entry-level: $40,000 - $64,000

experienced: $53,000 - $85,000

management: $80,000 - $170,000

  • enterprise risk manager
  • risk analyst
  • appraiser
  • insurance agent
  • insurance broker
  • claims adjuster
  • sales agency manager
  • underwriter
  • loss control consultant
  • financial planner

Paying for Your Education

College Scholarships

On top of the dozens of scholars offered to all Ball State students, Miller College of Business offers several to its own students. Learn more. 

Ready to Apply?

Begin building a successful career in risk management and insurance today. Take the first step by learning more about the applications process.

Apply Now