Insurance and Risk Management

What is Insurance and Risk Management?

Insurance is an industry that employs people in a variety of functional roles, including accounting, finance, advertising, information systems, sales and sales management and operations. Risk management is an activity that strategically controls the risks inherent in doing business in a variety of industries, such as financial services, health care, manufacturing and entertainment. The two are often paired, because the core business of both industries is to help others manage risks.

Successful professionals in the insurance and risk management field have an analytical mind set. Other attributes include:

  • Quantitative proficiency
  • Ability to identify and control risk
  • Strong organizational skills
  • Detail oriented
  • Excellent oral, written and electronic communication capabilities
  • Leadership skills
  • Competence in decision-making
  • Capacity for teamwork

Career Possibilities

The insurance and risk management major at UC’s Carl H. Lindner College of Business is designed to equip students for productive careers focused on managing risks, both within corporations, as a user of risk management techniques, or within the insurance or financial services industry, as a supplier of risk management products and services. In private-sector insurance carriers, graduates will find positions in the areas of property or casualty, or life and health insurance. The number of positions available for private-sector insurance carriers and related activities has grown dramatically in recent years. The implementation of the Affordable Care Act is likely to lead to greater demand for those in the insurance workforce. Managing the risks of health insurance pools is likely to increase the demand for actuaries as well. The need for customer service representatives and financial and marketing functions is also likely to grow.

For further information on careers in the insurance and risk management industry, see Careers in Finance. To learn more about the future of the insurance industry in Ohio, visit Insurance in Ohio.

Minoring in Insurance and Risk Management

Lindner College of Business students may select insurance and risk management as a major, part of a double major or a minor, allowing them to add insurance and risk management as a second area of expertise to their chose major.

Lindner students who wish to add a minor should file an online Business Minor Application Form.

Qualified UC students enrolled in non-Lindner baccalaureate degree programs may also pursue a discipline-specific minor in the Lindner College of Business or a minor in business administration, which follows a sequence of courses designed to give them experience in the business fundamental disciplines. To add a minor, students must file the online Business Minor Appilcation Form.

For more application information and a complete list of minor options, visit the Business Minors website.

Please note: students may not double count courses between Lindner majors and minors.

Curriculum

Advising

Academic advisors are trained to assist students and are available on an appointment basis and on a walk-in basis during specific periods. They can help with scheduling and other questions about subjects such as study abroad, co-op and internship, academic planning, course pre-requisites and the curriculum. Appointments with advisors are scheduled by the front office staff in suite 105 Lindner Hall, either in person or by telephoning (513) 556-7030.

Prospective students interested in transitioning to Lindner are invited to attend an information session held weekly. Students should telephone (513) 556-7030 to schedule a session.

UC Advantages and Special Opportunities

Success in today’s business environment is primarily driven by who students are and how they act. Accordingly, Lindner offers an innovative approach to business education that we call PACE. The PACE framework allows students to create a customized roadmap for developing proficiency in Professionalism,  Academics, Character and Engagement to ensure they can successfully pursue the personal and professional goals they are passionate about.

Professionalism

  • Real-world learning opportunities ensure that our students learn the professional communication skills they need to excel in today’s business environment.
  • Lindner’s Career Services (LCS) team works with undergraduate students to help them obtain real world work experience through Lindner’s Professional Experiences, which may include co-op or internships with full or part-time options. LCS guides students in developing resumes, learning interviewing techniques and obtaining the practical skills that fulfill the expectations of businesses.

Academics

  • Lindner students are distinct individuals with unique goals and interests, and that is why our curriculum ensures that students have a foundational understanding of the key business functions. The breadth of majors and minors allows students to add a second major or minor that will customize their education for added value. Students can augment in- learning with co-operative education, internships and international study abroad experiences of their choosing.

Character

  • Character means having the strength and conviction to both lead and work with teams made up of diverse social, cultural and economic viewpoints. Ethics seminars, global experiences and leadership opportunities prepare students to deal with philosophical questions that have become real-world dilemmas. Lindner business courses help students build these skills through hands-on, collaborative projects, often working with Cincinnati businesses.

Engagement

  • Students’ lives and careers will be comprised of much more than just work. Community service, citizenship and organizational involvement are all key components of personal growth. Students are encouraged to get involved in the things they care about via the 20-plus student organizations within the Lindner College of Business, the 300-plus organizations within the University of Cincinnati and ongoing partnerships with service organizations like the United Way of Greater Cincinnati.

Special Programs

The selective Carl H. Lindner Honors-PLUS Program, a five-year-mandatory co-op curriculum, accepts applications prior to December 1 of a prospective student's high school senior year. Accepted students enjoy all the traditional options plus significant financial, international, housing and co-op opportunities.

The Marvin P. Kolodzik Business Scholars (KBS) Program seeks to admit new freshmen, transfer and transition students and current Lindner students dedicated to outstanding academic performance.  Interested high school students should apply prior to December 1 of their high school senior year. Continuing Lindner students will be invited to apply. 

The Lindner Honors-PLUS and Kolodzik Business Scholars programs are complementary, but separate and independent. Students can be enrolled in only one of the programs.

The Circle of Excellence is a selective distinction for top performing students, providing them with access to certain business honors privileges in order to further their PACE development. This honor provides students with a distinction valued by potential employers, noted on both resumes and transcripts. Interested high school students should apply prior to December 1 of their high school senior year.

The Business Fellows is a vibrant college community that provides a supportive academic, social and professional environment for students of color. Selected students will benefit from a dedicated advisor, scholarship opportunities, peer/professional mentoring and cultural activities.

The Lindner College of Business offers a variety of study abroad programs in every continent of the globe ranging from one week to a full semester abroad.  General international business and culture programs are offered to freshmen and sophomores while discipline specific programs are offered to upper men.  Students receive credit toward their degree, while gaining real-world international experience in their area of study. Study Abroad includes academic coursework at UC, and lectures, company visits and cultural activities overseas. To learn more, visit Study Abroad.

Lindner Professional Experiences provide students with real-world work experiences with leading businesses throughout the United States. These opportunities are the perfect time for students to “test” out their major(s) and discover which type(s) of work they most enjoy. Because our employer partners pay students real money, they assign students real work (versus just “busy work”) and that experience provides Lindner students with a huge competitive advantage when they enter the workforce. Because different employers and industries have different staffing needs throughout the year, Lindner Professional Experiences are available in internship, cooperative education (co-op) and part-time assignments.

To help students develop professionally and gain leadership experience, the college encourages all students to become active in one or more of the many professional and social organizations that exist in the college and on the campus.

Admission Requirements

First-year applicants are those who have not enrolled in college or university courses (other than Post Secondary Enrollment Options Program) since graduating from high school.

Bachelor of Business Administration Program (Traditional Studies)
Freshman applicants to the BBA programs, please visit the Admission Requirements page for further information. Applicants are advised that Lindner requires four units* of college preparatory mathematics for admission to all bachelor degree programs.

*Four units of college preparatory mathematics, to include at least algebra I and II, and two additional units such as calculus, pre-calculus, statistics, functions or finite mathematics.

Bachelor of Business Administration Program (Marvin P. Kolodzik Business Scholars)
The Marvin P. Kolodzik Business Scholars (KBS) program is designed for highly motivated students with superior academic ability. This educational experience seeks to admit new freshmen, transfer, transition and current Lindner College of Business students who have demonstrated outstanding academic performance. In addition, the program seeks to admit candidates who are innovative and who have the ability to think globally and work collaboratively. KBS students value choice, creativity and individuality, have passion for their chosen specializations, and appreciate community and teamwork. Admission is highly selective. 

Applicants for the KBS program must meet the Lindner general admission criteria. Prospective freshmen must be eligible for the Cincinnatus Scholarship. To be considered for the Cincinnatus Scholarship, applicants must have a completed admission application (including high school transcripts and ACT or SAT scores) on file with the UC Office of Admissions no later than December 1 of the applicant's high school senior year.

Transfer, transition and current Lindner students are considered for admission through the beginning of their junior years. Applicants must have a minimum cumulative GPA of 3.4 to be considered for admission. Interested students who meet the required grade point average should contact the director, Undergraduate Enrollment Services, Lindner Hall, Suite 103, prior to April 1.

Bachelor of Business Administration Program (Carl H. Lindner Honors-PLUS Program)
The Carl H. Lindner Honors-PLUS Program is designed for highly motivated students with superior academic ability and demonstrated leadership skills who are committed to a career in business. This educational opportunity seeks to admit students for the freshman year. In addition to being academically strong, selection is based upon candidates' non-academic and extra-curricular profile. Admission is highly selective.

Applicants for the Carl H. Lindner Honors-PLUS Program must meet the Lindner College of Business general admission criteria. Prospective freshmen must be eligible for the Cincinnatus Scholarship. To be considered for the Cincinnatus Scholarship, applicants must have a completed admission application (including high school transcripts and ACT or SAT scores) on file with the Office of Admissions no later than December 1 of the applicant's high school senior year. 

On occasion, transfer, transition and current Lindner students may be admitted as rising sophomores. Applicants must have a minimum cumulative GPA of 3.6 to be considered for admission at this level, and high school credentials are used in combination with freshman year accomplishments. Interested students who meet the required grade point average should contact the director, Undergraduate Enrollment Services, Lindner Hall, Suite 103, prior to April 1.

The Circle of Excellence is a selective distinction for top performing students, providing them with access to certain business honors privileges in order to further their PACE development. This educational opportunity seeks to admit incoming freshmen students. Selected students have access to honors sections of core courses and specialty courses such as studios. Priority registration and specialized Lindner Career Services events are additional benefits for these outstanding students.

Applicants for the Circle of Excellence must meet the Lindner general admission criteria. Prospective freshmen must be eligible for the Cincinnatus Scholarship. To be considered for the Cincinnatus Scholarship, applicants must have a completed admission application (including high school transcripts and ACT or SAT scores) on file with the UC Office of Admissions no later than December 1 of the applicant's high school senior year.

Current Lindner freshmen and sophomores are considered for admission.  Applicants must have a minimum cumulative GPA of 3.4 to be considered for admission. Interested students who meet the required grade point average should contact the director, Undergraduate Enrollment Services, Lindner Hall, Suite 103, prior to April 1.

Transferring to UC Requirements

Students wishing to transfer to the UC Lindner College of Business from other colleges and universities must meet or exceed each of the requirements stated below. Please note that the collegiate grade point average for transfers from other colleges and universities is calculated utilizing all course work attempted at each college and university attended. 

1.  Cumulative collegiate grade point average (GPA) of 2.5 or higher on a 4.0 scale over all course work.

2.  Must demonstrate appropriate progress towards completion of the required mathematics courses. Students enrolled in a bachelor of business administration degree must complete Math 1046 (a 5-hour Business Math), Math 1044 (Applied Calculus I) and Math 1045 (Applied Calculus II) (a 6-hour math sequence) or its equivalent, OR Math 1061 (Calculus I - 4 hours), and Math 1062 (Calculus II - 4 hours), or the equivalent from another institution. 

3.  Must be in good standing in current college or university. Conditional offers of admission will be made using transcripts with courses in progress. A final transcript is required before the student is allowed to enroll.

Students may apply online at Admissions. Lindner admits transfer students to begin in each academic term.

Changing Majors within UC Requirements

Applicants wishing to transition from other UC colleges to the Lindner College of Business must meet or exceed each of the admission requirements stated below. Please note that the collegiate grade point average for students transitioning from other colleges is calculated utilizing all college-level course work attempted at each UC college and other universities attended.

1.  Cumulative collegiate grade point average (GPA) of 2.5 or higher on a 4.0 scale over all course work.  

2.  Must demonstrate appropriate progress toward completion of the required mathematics courses. Students enrolled in a bachelor of business administration degree must complete Math 1046 (a 5-hour Business Math), Math 1044 (Applied Calculus I) and Math 1045 (Applied Calculus II) (a 6-hour math sequence) or its equivalent, OR Math 1061 (Calculus I - 4 hours) and Math 1062 (Calculus II - 4 hours), or the equivalent from another institution. 

3.  Must have at least a 2.0 University of Cincinnati GPA, in addition to a 2.5 overall GPA. Conditional offers of admission will be made using transcripts with courses in progress. A final transcript is required before the student is allowed to enroll.  

Applications for Change in College and Program may be obtained online at the Registrar's website. Applications are due by the date printed on the application. All applications for Lindner must be submitted to the Undergraduate Programs Office, Lindner Hall, Suite 105.

Lindner College accepts transition students to begin in each academic term. Students must meet the above admission requirements by the end of the semester prior to admission.

International Student Requirements

The UC Lindner College of Business welcomes international applicants who seek a challenging academic environment. The Office of Admissions will send an international application packet upon request. Note that if your native language is not English, you will be required to take the TOEFL or the IELTS examination. Please reference the Office of Admissions Web site with international student information for the Lindner minimum standards.

International applicants at the first-year level must have a strong mathematics background and be prepared to begin the college's calculus sequence.

International applicants who are transferring to the UC Lindner College of Business must demonstrate appropriate progress toward completion of the required mathematics courses. Students enrolled in a bachelor of business administration degree must complete Math 1046 (a 5-hour Business Math), Math 1044 (Applied Calculus I) and Math 1045 (Applied Calculus II) (a 6-hour math sequence) or its equivalent, OR Math 1061 (Calculus I - 4 hours) and Math 1062 (Calculus II - 4 hours), or the equivalent from another institution.

The University of Cincinnati requires that all transcripts be official copies with an official translation attached. Lindner requires all students who have earned credit at foreign universities to have the documents evaluated by a credit evaluation service prior to registering for es at the university. A copy of the evaluation  must be received by Lindner at least two weeks prior to the date the student is scheduled to register for es.

Such an evaluation may be obtained from:

 World Education Services
 568 Broadway, Suite 301
 P.O. Box 745
 New York, NY 10013
 USA
 Web address: wes.org
                                   or
 AACRAO International at: AACRAO.org/credential/

Other such agencies may be located via the Internet.

Although the Lindner College of Business does not require international applicants to take the Scholastic Aptitude Test (SAT) or the American College Test (ACT), it is highly recommended.

Contact the Office of Admissions for further information regarding admission procedures and deadlines for Lindner.

Graduation Requirements

The degree of bachelor of business administration is granted to those who complete satisfactorily the required course work for the specified degree, with university, college, major and minor grade point averages of 2.0 or better. This includes the university’s general education requirements. All students must meet the residency requirements of the college and must contract for graduation.

Application Deadlines

Prospective Freshmen - Freshman applicants hoping to begin in the fall semester are urged to submit their applications prior to December 1. Applications should be filed as soon after September 1 of the previous year as possible. First-year students must provide an official transcript of their high school record and scores from the Scholastic Aptitude Test (SAT) or the American College Testing (ACT) program. Those who have participated in a Post Secondary Enrollment Options Program should submit official copies of any college or university transcripts. The Lindner College of Business admits freshmen to begin in the fall or spring semesters.   

Changing Majors within UC - Students applying for admission to the Lindner College of Business from other UC colleges should complete a Change in College and Program Application form in accordance with the semester deadlines printed on the reverse side of the form. This document may be obtained online at the Registrar's website.

Transferring to UC - Students applying for admission to the Lindner College of Business from non-UC colleges should submit a University of Cincinnati online application, at Admissions. Students are urged to file their applications at least two months prior to the beginning of the semester in which they hope to enter the college.

Accreditation

The University of Cincinnati and all regional campuses are accredited by the Higher Learning Commission.


The UC Lindner College of Business has been accredited continuously since 1919 by AACSB International, the Association to Advance Collegiate Schools of Business, the premier accrediting agency for business colleges.

Quick Facts

Bachelor of Business Admin Degree in Insurance and Risk Management

Full-Time Program Duration

4 Years

Location

Uptown Campus West

Contact

Carl H. Lindner College of Business
Cincinnati , OH 45221-0020
Phone: (513) 556-6392
Brian Fanelli
business@uc.edu