Risk Management and Insurance Major

Why ODU for Risk Management & Insurance?

Old Dominion University is accredited by AACSB, having met the highest-quality standards for business programs globally.

Help businesses avoid loss of property, reputation, financial stability, and digital assets. Risk management and insurance (RMI) professionals help businesses and nonprofits, both large and small, by analyzing potential sources of loss. Then they recommend strategies to prevent it from happening.

In ODU's risk management and insurance program, you'll learn trends and technologies that are disrupting the RMI world. Topics include the Internet of Things (IoT), blockchain, artificial intelligence, big data, drones, and cyber risks.

Enhance your degree with elective courses in areas that are actively looking for RMI professionals, such as:

Accounting and finance
Management and engineering management
Supply chain management
Business analytics
Marketing
Maritime security
Cybersecurity and information technology

When you graduate, you will earn a Bachelor of Science in Business Administration in financial management with a major in risk management and insurance.

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Get a head start on the CPCU

Two of your required courses will count toward the Chartered Property Casualty Underwriter® professional designation. When you graduate, you'll have 25% of the CPCU completed.

Learn More About the CPCU Designation from The Institutes

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Program Information

Minimum

30 Credit Hours

Total

120 Credit Hours

To earn a bachelor's degree from ODU, you must complete at least 30 credit hours with us. Our risk management and insurance business program requires 120 total credit hours.

Two of the required courses in this program may count toward courses in the CPCU® professional designation (you must earn a "B" or better in each course).

Talk with an enrollment coordinator to determine how your credits will transfer.

Explore Major Courses in the Catalog

ODU has a signed military pathway agreement for this program. This agreement may grant academic credit to U.S. military service members and veterans for their experience and training.

This program is not intended to lead to a specific state-level license.

If you plan to pursue a professional license or credential, we encourage you to explore requirements through the appropriate credentialing agency or professional organization in your state.

Learn More About State Licensure Disclosures

Access course materials online from any location. Many classes don't have a scheduled meeting time, so you can fit class into your personal schedule. The instructor may schedule assignments and exams at specific times. All courses follow ODU's regular academic calendar.

Minimum

30 Credit Hours

Total

120 Credit Hours

To earn a bachelor's degree from ODU, you must complete at least 30 credit hours with us. Our risk management and insurance business program requires 120 total credit hours.

Two of the required courses in this program may count toward courses in the CPCU® professional designation (you must earn a "B" or better in each course).

Talk with an enrollment coordinator to determine how your credits will transfer.

Explore Major Courses in the Catalog

ODU has a signed military pathway agreement for this program. This agreement may grant academic credit to U.S. military service members and veterans for their experience and training.

This program is not intended to lead to a specific state-level license.

Cost & Aid

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Calculating Cost

In-state Virginia Residents

$408 per credit hour*

Out-of-State Students

$439 per credit hour

Active duty military students may qualify for a discounted undergraduate tuition rate.

These tuition rates are effective Fall 2024 and subject to change.

Explore ODUGlobal Cost & Aid

Military Cost & Aid

* In-state rate assumes residency requirements are met.

The newest class of graduates through ODUGlobal celebrated commencement in May 2024.

Scholarship & Aid

Scholarship Opportunities for Online Students

At ODUGlobal, we offer a variety of scholarships to support and empower you in achieving your academic and career goals, making quality education accessible wherever you are.

Learn more about our scholarships

Careers

The world is growing riskier, and there is an increasing demand for risk management and insurance professionals in business, retail, industry, emergency management, and more.

Actuaries

Growth

21.8%

Median Salary

$120,000

Insurance Underwriters

Growth

-4.0%

Median Salary

$77,860

Compliance Officers

Growth

5.4%

Median Salary

$75,670

Financial Risk Specialists

Growth

8.4%

Median Salary

$106,090

Retail Loss Prevention Specialists

Growth

3.3%

Median Salary

$39,360

Loan Officers

Growth

1.4%

Median Salary

$69,990

Bright Outlook

Employment of actuaries is projected to grow 23 percent from 2022 to 2032, much faster than the average for all occupations.
— Bureau of Labor Statistics, Occupational Outlook Handbook, May 2024

Business Enrollment Team

Our dedicated enrollment team will guide your transition to ODUGlobal.

Tracy Munoz

Enrollment Coordinator

1-800-968-2638

businessonline@odu.edu

Laura Stevens

Enrollment Coordinator

1-800-968-2638

businessonline@odu.edu

Ready to Apply?

This program is available completely online, which means you can apply to ODU as a freshman.

Already have college credits? Before you apply, our enrollment team can provide a free transfer evaluation to see how your credits will transfer to ODU.

For this online BSBA, you'll need to be accepted to ODU as a degree-seeking student and then apply to this program in the Strome College of Business.

Get Guaranteed Admission to ODU

ODU has partnered with the Virginia Community College System and select educational institutions to make transferring easy.

Learn more about Guaranteed Admission to ODU.

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Risk Management & Insurance Online

Why ODU for Risk Management & Insurance?