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University Of Calgary

University Of Calgary

Program website:
University website:

Country: Canada

Insurance and risk management was established as a discipline at the University of Calgary in the early 1990s and has since then graduated nearly 400 students with their Bachelor of Commerce degrees. Three different concentrations are offered that allow students to explore which of several directions are the best fit within the insurance and risk management industries:

- Risk Management: Insurance and Finance prepares students for a career in the non-life insurance industry where securitization and other financial tools are increasingly used to finance risk.
- Personal Financial Planning prepares students for a career in the life and health insurance sector. This program is accredited by the Financial Planning Standards Council of Canada and allows students upon graduation to challenge the Certified Financial Planning exam.
- Risk Management and Insurance allows students to explore both the life and non-life sectors to better understand the range of career paths available.

The Risk Management and Insurance group at the University of Calgary was among the first schools to develop a for-credit travel class that regularly takes students on a study program to London and Bermuda. With this offering we have led other areas in the business school in internationalizing our curriculum. Alumni of the program currently work on four continents.
Excellent scholarships are offered to support students who concentrate in risk management and insurance. Our graduates regularly complete their degrees having obtained experience working in the industry, whether through Haskayne’s formal co-op education program or through other internships or part-time employment. An active student group, the Association of Risk Management and Insurance, provides leadership opportunities and active networking with the Haskayne alumni and the risk management and insurance business communities.
The PhD program has produced more than a decade of graduates in customized programs that draw theory and methodologies from a number of founding disciplines, including economics, law, psychology, and statistics. The Haskayne School of Business faculty members in the area of risk management and insurance have interest and expertise in a wide range of topics including enterprise risk management, disaster resilience, catastrophe bonds development and application, distribution systems in insurance, tort versus no-fault liability systems, public policy issues surrounding pensions and retirement, competitiveness and efficiency of the insurance industry, and solvency of insurance companies.

Degrees offered: Bachelor of Commerce, PhD

Course listings:
RMI 317 Introduction to Risk Management and Insurance
RMI 439 Protecting your Family and Wealth
RMI 459 Managing Commercial Property and Liability Risks
RMI 559 Selected Topics in Risk Management and Insurance
RMI 579 Advanced Topics in Risk Management and Insurance
RMI 763 Managing Risks and Disasters


Norma L. Nielson, PhD ,CLU
Chairholder in Insurance and Risk Management
Haskayne School of Business
University of Calgary

Susan Basudde,
Career Advisor
(403) 220-6393