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University Of South Carolina, Darla Moore School Of Business

University Of South Carolina, Darla Moore School Of Business

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Country: USA

The Risk Management and Insurance major at the Moore School of Business in the University of South Carolina focuses on developing decision-making skills in the face of uncertainty and providing an understanding of concepts and language used in risk transfer markets. The Moore School’s risk management and insurance program is consistently regarded as one of the nation’s best.

Risk management is a growing field as companies face more — and more varied — challenges around the globe. Organizations of all kinds are placing greater emphasis on identifying and managing risk, creating demand for risk managers across a wide range of industry sectors. To help meet the demand, we aim to produce graduates with analytical and qualitative decision making skills that allow them to make rational, objective risk management decisions. We provide students with frameworks, models, analytical skills and a holistic, enterprise-wide perspective of risk. These concepts are applied and illustrated using the insurance industry, for which risk management is fundamental.

The Risk Management and Insurance major:
Teaches disciplined methods for making decisions under uncertainty
Provides a broad framework for evaluating all types of risk
Examines risk transfer markets, including both insurance markets and derivative markets
Applies concepts from finance and probability theory to measure risk
Exposes students to behavioral biases that adversely influence decision making
Uses economics and finance as the lens to analyze the functioning, structure and regulation of insurance markets
Engages students in the discussion of key public policy issues involving risk
Provides students with a basic understanding of the language system used in insurance markets and actuarial science
Challenges students to develop their ability to think critically
Supports students in obtaining a double major in another business field or a minor in mathematics of statistics
Encourages and helps students to obtain meaningful internships
Provides job fairs and business contacts to help students find internships and permanent employment upon graduation

We consistently place students at major organizations. Recent placements include:
Accenture, AIG, AllRisk, Amica, AON, Arthur J. Gallagher, AutoOwners
Bank of America, Burns and Wilcox
Chubb, CNA, Colonial Life
Fifth Third Bancorp
Ge Capital, Geico
Liberty Mutual
Markel, Marsh, Morgan Stanley
Principal Financial Group, PWC
Standard & Poor’s, State Farm, Suntrust

Degrees offered: Bachelors

Course listings:
FINA 341 - Management of Risk and Insurance
FINA 469 - Investment Analysis and Portfolio Management
FINA 442 – Life and Health Insurance
FINA 443 - Property and Liability Insurance
FINA 444 - Corporate Risk Management
FINA 446 - Insurance Operations
FINA 471 - Derivative Securities
ECON 531 - Health Economics

Brian Shelton

Greg Niehaus
Professor of Insurance and Finance
Finance Department Chair