Risk Management and Insurance, Bachelor of Science
Risk management and insurance is a central part of any organization’s strategic management. It is the methodical process used to address the risks to their activities with the goal of achieving sustained benefit. Risk managers and insurance professionals help identify, evaluate and manage key risks, including natural disasters and man-made catastrophes. The globalization of economic enterprise and the complexities of our multinational corporate environment are creating an increasing demand for highly skilled risk managers. The CareerCast.com rates risk management one of the 50 best jobs of 2011.
In this 124-credit* degree program we teach students the skills necessary to master the financial, legal and economic theories at the heart of corporate risk management. This includes understanding such concepts and tools as risk analysis and transfer/financing. Emphasis is also placed on developing outstanding communications skills, necessary for achieving success in today’s competitive business environment. Students with strong problem-solving and communications skills gain the critical thinking needed to make key decisions under fluctuating circumstances.
This multifaceted, professional degree program is fully accredited by the prestigious the AACSB International (the Association to Advance Collegiate Schools of Business). Leveraging St. John's metropolitan location, students have access to the University's longstanding relationships with leading New York-area financial and insurance organizations as well as to mentoring support from local alumni – who are leading professionals in the field of risk management. We also offer apprenticeship and apprenticeship opportunities, scholarships, job placement services, and student discounts for exam preparation courses offered by the Center for Professional Education.
Margarita David (Applications, Admissions, Scholarships)
Rebekah Hanousek-Monge (Admission to Diploma in Risk and Insurance, DRI)
Anita Webb (Course-taking Advisement)
Jody Queen-Hubert (Apprenticeship, Job Placement)
Mark J. Browne (Chairperson)
Admission requirements for the Bachelor of Science in Risk Management and Insurance are identical to those for a four-year Bachelor of Science degree from The Peter J. Tobin College of Business.
For more information about admission to this and other acclaimed undergraduate programs at St. John’s University, please visit Undergraduate Admission online or contact:
- For undergraduate admission and transfer, Margarita David (Assistant Director for Admissions) at firstname.lastname@example.org or 718-990-7533.
- For academic advisement, Anita Webb (Advisement Coordinator) at email@example.com or 212-277-5190.
Students will be prepared to
- Identify, measure and manage risk and exposure
- Manage finance loss exposures using alternative risk management techniques
- Formulate risk management strategies for insurance and financial sectors
- Develop economic analysis skills
- Use office technology efficiently and effectively
- Integrate in-depth knowledge of legal and regulatory environment in decision making process
- Deliver effective and well-written presentations.
Global Approach to Education
Students take advantage of St. John’s location in dynamic New York City. Our faculty and Career Center have strong ties to employers and other professional and educational resources throughout the New York area. Students make New York their classroom through innovative courses like Discover New York.
Students also benefit from St. John's focus on an international academic experience. The University offers extensive study abroad courses during the academic year as well as the winter and summer semesters. Students can live and learn at St. John's Rome, Italy, campus and Paris, France, location.Back to top
Along with outstanding courses and renowned professors, students majoring in Risk Management and Insurance at St. John's benefit from the world-class academic, professional and technological resources of The Peter J. Tobin College of Business — and the School of Risk Management, Insurance and Actuarial Science, a unit of the Tobin College that is one of the nation's leading collegiate schools of its kind.
The School of Risk Management is based at St. John's Manhattan campus, an award-winning, ten-story facility with state-of-the-art classrooms, business labs and other resources. The Manhattan campus is close to New York City's financial district — the global center of business and finance. Nearby attractions include Battery Park City, the Hudson River waterfront, SoHo, TriBeCa, Chinatown and Little Italy.
The Manhattan campus's Kathryn and Shelby Cullom Davis Library has an outstanding collection of worldwide risk management and insurance materials dating back to 1569. The Tobin College's Financial Information Lab features state-of-the-art learning tools including 29 computer workstations. Each computer offers the latest FactSet financial software. The lab provides access to Bloomberg systems as well as news, stock market information and financial data to enrich every student’s understanding of the business world.
Drawing on St. John's extensive contacts in New York City's business sector, the Executive-in-Residence Program (EIRP) is a unique feature of the Tobin College. Guided by leading executives who serve as teachers and mentors, students engage in real-world consulting for actual businesses and non-profit organizations.
The Undergraduate Student-Managed Investment Fund is a highly selective program that gives students hands-on experience with managing a substantial portfolio.
In addition, all business majors can serve those in need while learning about the world of micro-financing by participating in GLOBE. This student-managed academic program works with the University's strategic partners to provide loans for aspiring entrepreneurs who would otherwise be unable to secure loans.
Students gain an academic and professional edge by joining any one of St. John's more than 180 student clubs and organizations. Business-related clubs in The Peter J. Tobin College of Business include the following:
- Gamma Iota Sigma: Academic organization for Actuarial Science and Risk Management.
- APICS, The Educational Society for Resource Management
- Economics and Finance Society
- Accounting Society
- Actuarial Club
- Advertising Club
- Marketing Club
- National Association of Black Accountants
The Tobin College also offers membership in the following honor societies:
- Beta Gamma Sigma: The Iota Chapter of this honor society for colleges of business administration
- Beta Alpha Psi: The national scholastic honor society in accounting
- Omicron Delta Epsilon: The Theta Chapter of this national honor society in economics
- Sigma Iota Epsilon: The Sigma Chapter of the national honor society in management
Of course, Risk Management and Insurance majors also benefit from the outstanding resources all St. John's students enjoy. For example, all new students receive their own laptop computers with access to the University's award-winning wireless network.
Facilities include high-tech classrooms, laboratories and our 1.7 million-volume University Library. Our new D'Angelo Center is a five-story, 127,000-square-foot University and Student Center with classrooms, lecture halls a Starbucks and full-service food court.Back to top