Earn a BSBA in Insurance & Risk Management at UL Lafayette and prepare for careers in insurance, employee benefits, and business risk management.
Why Study Insurance & Risk Management?
Risk management and insurance play a role in every part of business. In the Bachelor of Science in Business Administration in Insurance & Risk Management, you'll learn how to help individuals, businesses, nonprofits, and government agencies manage risk through property and casualty insurance, life and health insurance, employee benefits, and financial planning.
You'll take a core of general business courses along with advanced courses in finance and insurance and risk management, plus electives that let you explore your own interests. The program emphasizes ethics and professionalism alongside practical knowledge, preparing you for a professional career in the insurance and financial services industry.
You Should Major in Insurance & Risk Management If...
- You want to use an analytical approach to help people and businesses protect what's important to them.
- You like working with numbers and you pay close attention to details.
- You want a career advising businesses on how to protect themselves, their employees, and their customers.
Focus Your Degree With a Concentration
Tailor your insurance and risk management degree to your career goals with one of four concentrations:
- Business Law: Study the legal environment businesses operate in, including contracts, dispute resolution, employment law, consumer protection, and securities regulation.
- Human Resource Management: Learn employee relations, recruitment and hiring, legal regulations, and compensation management, a natural fit with the program's employee benefits coursework.
- International Business: Combine international business courses with study abroad and prepare for a career with a multinational organization.
- Professional Sales: Learn negotiation, selling tactics, and B2B marketing, with feedback from faculty and industry professionals in the Northwestern Mutual Sales and Research Lab. It's strong preparation for a career as an insurance agent or broker.
Learn Beyond the Classroom
Earn credit toward your degree with an internship at an insurance or financial services firm through the Moody Business Internship Program. You can also get hands-on experience in the Maraist Financial Services Lab and build your professional network through the Risk Management & Insurance Society, which brings in industry leaders and alumni as speakers and hosts career days. See Organizations & Associations for details.
First-year students can also join the Business Secrets Living-Learning Community, living and taking classes with other students interested in starting and managing a business.
What Can I Do With an Insurance & Risk Management Degree?
An insurance and risk management degree prepares you to advise companies, nonprofits, and government agencies on how to identify, measure, and manage the risks they face, whether across an entire organization or in one specialized area.
Industries and Sectors
- Insurance companies, agencies, and brokerages
- Corporate risk management
- Employee benefits
- Financial planning
- Banking and financial services
- Nonprofit organizations
- Government agencies
Common Roles
- Risk analyst
- Risk manager
- Insurance underwriter
- Claims adjuster
- Insurance agent
- Financial planner
Take It Further With an MBA
An insurance and risk management degree is a strong preparation for a Master of Business Administration. The Moody College of Business offers its MBA on campus and 100% online, so you can keep building your analytical and leadership skills while you work.
Ready to Apply?
There's no separate application for insurance and risk management. Apply to UL Lafayette, then declare insurance and risk management as your major.