Risk Management and Insurance, B.S.B.A.
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    Risk Management and Insurance, B.S.B.A.

    University of South Carolina
    University of South Carolina
    United States of America
    United States of America, Columbia
    University Rank:#628
    Go to Official Website
    Duration4 year(s)
    Tuition Fee
    USD 33,928 / Year
    Apply DateJuly 15, 2022
    Next IntakeAugust 18, 2022
    Risk Management and Insurance, B.S.B.A.

    About

    • Students will understand and apply the processes for identifying risk and measuring risk, as well as the various methods for managing risk (e.g., mitigation, insurance, diversification and hedging).   
    • Students will understand the conditions that hinder the trading/sharing of risk, including correlation in outcomes, moral hazard, adverse selection, and transaction costs.
    • Students will understand and apply the models for pricing insurance products.  
    • Students will understand the institutional context in which insurance is sold, including regulation, ownership structure, and marketing channels.

    Internationalization Requirement

    The program also requires 9 hours of course work with international content that may be used to fulfill other degree requirements. Three hours must be taken from an approved list of courses offered by the Moore School of Business which contain international business or international economics content. The following course options can also be used to satisfy the 3 credit hours of this requirement: approved course work containing international business or international economics content, taken at a semester abroad program; an approved Maymester or summer overseas course containing international business or international economics content; an approved internship course in international business wherein a student would obtain discipline-related work experience in a foreign country; or an approved service-learning component. Students may choose from one of the following options to complete the remaining 6-hour requirement:

    • Language: Two language courses at the 200 level or above
      or
    • Electives: Two approved courses with international content taken either inside or outside the Moore School of Business from a list available in the undergraduate office.

    Requirements

    Entry Requirements

    In addition to the academic admission requirements of the Moore School of Business stated below, a limit on admission to the program may be imposed. An enrollment limit would become necessary if enrollment levels exceed school staffing capabilities and resources. The Undergraduate Admissions Committee, in consultation with the dean of the school, shall be responsible for adjusting undergraduate enrollment levels to ensure the quality of the undergraduate program. A student who meets admissions criteria will be favorably considered, but because of space limitations admission cannot be guaranteed. Once minimum criteria are met, all qualified applicants are placed into an admissions group and are ranked by academic credentials. Based on the number of available seats, students are admitted in ranked order until capacity is reached. The Moore School only considers new applicants for Fall Term admission. 

    Freshmen entering the UofSC Columbia Pre-Business division of the Moore School of Business must meet the campus requirements for admission. Freshmen applicants will only be considered for Fall Term admission.

    Students from other UofSC campuses who have no work from colleges outside of UofSC must have a minimum cumulative Institution GPA of 3.25, must have taken at least 15 UofSC credit hours, and have completed calculus with a minimum grade of C. Additionally, those students who have fewer than 30 semester hours from colleges outside UofSC must also meet Columbia campus freshman admission requirements. Change of campus applicants will only be considered for Fall Term admission.

    Students enrolled in other colleges on the Columbia campus must have a minimum cumulative Institution GPA of 3.25, must have at least 15 UofSC credit hour,and have completed calculus with a minimum grade of C. Internal transfers will only be considered for admission in the fall term.

    Transfer students from other institutions must present a minimum cumulative GPA of 3.25 on all college work taken and have completed calculus with a minimum grade of C. Students who have taken fewer than 30 semester hours of college work must also meet Columbia campus freshman admission requirements. External transfers will only be considered for Fall Term admission. 

    English Requirements

    • PTEMin 53
    • IELTSMin 5
    • TOEFLMin 60

    English Program Requirements

    International applicants must be proficient in the English language. A score of 550 or above on the paper version of the TOEFL (Test of English as a Foreign Language) is required. (A score of 210 or higher on the computerized version is required, and a minimum score of 77 on the Internet version is required.) The Office of Undergraduate Admissions also accepts the International English Language Testing System (IELTS) or the PTE Academic Test (PTE). Students must score at least a 6.5 on the IELTS, or at least a 53 on the PTE.  English proficiency scores are not required for international students from countries where the primary language of instruction is English nor from graduates of high schools in the United States.

    An English proficiency test will be administered to international students, except those from English-speaking countries, upon arrival at the University. All international students must demonstrate sufficient proficiency in written and oral English to progress at the University level. Students who are not proficient in English will be required to take noncredit, concentrated English language training until proficiency is demonstrated.

    Fee Information

    Application Fee 65

    How to Apply

    There are two ways you can apply for admission to the University of South Carolina:

    • UofSC Application

    • Common Application

    You should choose the application that you are most comfortable submitting. There is no advantage in the admission process to using one application over the other. Visit our requirements page for details. 

    Regardless of which application you select, you must pay the $65 nonrefundable application fee or use a fee waiver for those who qualify for Common App, ACT, College Board or NACAC application fee waivers. All application deadlines are the same.

    Tips for Applying

    • We communicate heavily through email, so make sure to check it regularly.
    • After you apply, we will direct you to your UofSC Admissions Portal, which will provide important updates and reminders.
    • You are required to list two different majors on the application. For more information on our undergraduate majors, review our website. If you are unsure of your major, you can select "Undeclared" in the College of Arts and Sciences.
    • You'll need to have a copy of your high school transcript when you apply (a web-based copy is fine). You will upload a JPEG or PDF image of your transcript to the application. After you submit the application, we'll review your uploaded transcript and let you know if we need an official one.
    • You'll be asked to list your senior year courses and credits on the application. You must list the exact amount of credit (full, half, trimester) for each course. You will also need to list all dual enrollment courses you are taking.
    • Use the essay to tell us more about the person behind the numbers. Reflect on a personal experience, and make it less about the topic and more about you.
    • When completing the activities section, take the space to explain the activity and your specific involvement.
    • Please do not send letters of recommendation unless you plan to apply to theSouth Carolina Honors College . South Carolina Honors College applicants are required to submit two letters of recommendation.

    If you have any questions throughout the admissions process, contact the admissions office or your admissions representative

    Risk Management and Insurance, B.S.B.A.
    University of South Carolina
    University of South Carolina
    United States of America

    United States of America, Columbia

    Go to Official Website
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