Risk Management and Insurance Minor

What You'll Learn

This Zimpleman College of Business minor prepares you to identify, measure, and manage risks for individuals and businesses.

On the individual level, this includes weighing the benefits of tools like auto, home, life, and disability insurance and strategically approaching long-term financial planning.

For businesses, foreseeing and avoiding losses is a paramount concern. Exposures exist on multiple fronts, including from their activities, products, workers, environmental impacts, and data vulnerabilities. Insurance is a required defensive measure to manage situations that an organization can’t always control. It’s also integral to benefits packages and improving employee retention.

Your coursework gives you a thorough understanding of these levels. You’ll cover material for three CPCU exams, key qualifications for insurance industry professionals. You’ll also receive training in accounting, finance, and statistics, building the analytical tools needed to pursue careers that involve risk identification and mitigation.

About the Risk Management and Insurance Minor

• Earn exam waivers toward the Chartered Property Casualty Underwriter (CPCU) designation, essential for a career in insurance.
• Explore opportunities in insurtech through Drake’s partnership with the Global Insurance Accelerator.
• Study insurance in one of the industry’s most important hubs, Des Moines, positioning yourself for strategic career connections.
• Drake is one of only 33 universities in the world to be recognized as a Global Center of Insurance Excellence by the International Insurance Society.

Program Facts

• On campus
• Available to all Drake students
• 120 total credits; 21 credits for the minor for students outside the Zimpleman College of Business and 12 credits for Zimpleman students