This is the first version of the 2025–26 General Catalog. Please check back regularly for changes. The final edition and the historical PDF will be published during the fall semester.
The undergraduate Certificate in Risk Management and Insurance (RMI) requires 12–22 s.h. of credit: 21 s.h. for BBA students with a major in finance, 21–22 s.h. for students with a major in mathematics (specialization in risk management and insurance or in finance), 13 s.h. for other majors outside of Tippie College of Business, and 12 s.h. for BBA students with a major other than finance.
Students must maintain a grade-point average of at least 2.00 in work for the certificate. The certificate may be earned by any student admitted to the University of Iowa who is not concurrently enrolled in a graduate or professional degree program.
Students must declare their intent to earn the certificate with the RMI advisor. Some courses have prerequisites; students must complete prerequisites before they may register for a course. For more information, see Risk Management and Insurance Certificate on the Emmett J. Vaughan Institute of Risk Management and Insurance website.
The Certificate in Risk Management and Insurance requires the following coursework.
RMI Required Course
Students must complete this course with a grade of C or higher.
| Course # | Title | Hours |
|---|---|---|
| This course: | ||
| FIN:3400 | Principles of Risk Management and Insurance | 3 |
RMI Elective Courses
| Course # | Title | Hours |
|---|---|---|
| 9 s.h. from these: | ||
| FIN:4410 | Enterprise Risk Management | 3 |
| FIN:4420 | Property and Liability Insurance | 3 |
| FIN:4430 | Life and Health Insurance | 3 |
| FIN:4440 | Employee Benefit Plans | 3 |
| FIN:4450 | Risk Modeling | 3 |
| FIN:4460 | Insurer Operations and Captive Management | 3 |
| FIN:4470 | Insurtech Innovation | 3 |
Additional Coursework for Majors Outside Tippie
All majors not in the Tippie College of Business are required to complete the following.
| Course # | Title | Hours |
|---|---|---|
| FIN:3021 | Professional Risk Management and Insurance Seminar | 1 |
Additional Coursework for Finance and Mathematics Majors
In addition to the preceding requirements, finance majors or mathematics majors (program C, with a specialization in finance or RMI) also must complete the following courses.
Finance Major
BBA students majoring in finance complete three of these (9 s.h.). The availability of courses outside the Department of Finance may be subject to prerequisites or restricted to students who have declared a second major within the respective department.
| Course # | Title | Hours |
|---|---|---|
| BAIS:3025 | Business Process Automation | 3 |
| MGMT:4100 | Dynamics of Negotiations | 3 |
| MKTG:4200 | Sales Management | 3 |
| A maximum of three finance courses (prefix FIN) numbered 4000 or above, excluding those taken to satisfy RMI courses | ||
Mathematics Major With Specialization
Students majoring in mathematics with a specialization in risk management and insurance or a specialization in finance complete three of these (8–9 s.h.).
| Course # | Title | Hours |
|---|---|---|
| ACCT:3020 | Financial Accounting and Reporting | 3 |
| ACCT:3200 | Income Measurement and Asset Valuation (accounting majors with no subprogram take this instead of ACCT:3020) | 3 |
| FIN:3100 | Financial Information Technology | 2 |
| FIN:3200 | Investment Management | 3 |
| FIN:3300 | Corporate Finance | 3 |
| FIN:4210 | Futures and Options | 3 |
| FIN:4220 | Fixed Income Securities | 3 |
| FIN:4230 | Real Estate Process | 3 |
| FIN:4320 | Commercial Banking | 3 |
Risk Management and Insurance Affiliated Courses
The Department of Finance offers eight courses affiliated with the Emmett J. Vaughan Institute of Risk Management and Insurance that are included in the Certificate in Risk Management and Insurance curriculum. Students should view the course descriptions and prerequisites for each of the following courses.
| Course # | Title | Hours |
|---|---|---|
| FIN:3400 | Principles of Risk Management and Insurance | 3 |
| FIN:4410 | Enterprise Risk Management | 3 |
| FIN:4420 | Property and Liability Insurance | 3 |
| FIN:4430 | Life and Health Insurance | 3 |
| FIN:4440 | Employee Benefit Plans | 3 |
| FIN:4450 | Risk Modeling | 3 |
| FIN:4460 | Insurer Operations and Captive Management | 3 |
| FIN:4470 | Insurtech Innovation | 3 |
Sample Plan of Study
Sample plans represent one way to complete a program of study. Actual course selection and sequence will vary and should be discussed with an academic advisor. For additional sample plans, see MyUI.
Risk Management and Insurance, Certificate
Finance Majors
| Academic Career | ||
|---|---|---|
| Any Semester | Hours | |
| To declare the certificate students should be enrolled in FIN:3400 Principles of Risk Management & Ins. | ||
| Maintain a cumulative GPA of at least 2.00 in all courses, UI courses, RMI (Risk Management and Insurance) courses and UI RMI courses. | ||
| Meet with the RMI advisor for planning and to learn about additional benefits of the RMI certificate; more information is included in the General Catalog and on Tippie College of Business website. | ||
| Hours | 0 | |
| First Year | ||
| Any Semester | ||
| FIN:3400 | Principles of Risk Management and Insurance a | 3 |
| Hours | 3 | |
| Second Year | ||
| Any Semester | ||
| Certificate: RMI elective b | 3 | |
| Certificate: RMI elective b | 3 | |
| Hours | 6 | |
| Third Year | ||
| Any Semester | ||
| Certificate: RMI elective b | 3 | |
| Certificate: additional elective approved for finance majors c | 3 | |
| Hours | 6 | |
| Fourth Year | ||
| Any Semester | ||
| Certificate: additional elective approved for finance majors c | 3 | |
| Certificate: additional elective approved for finance majors c | 3 | |
| Hours | 6 | |
| Total Hours | 21 | |
- a
- Students must earn a grade of C or higher in FIN:3400.
- b
- Complete three RMI electives (9 s.h.) from FIN:4410, FIN:4420, FIN:4430, FIN:4440, FIN:4450, FIN:4460. Some courses may also satisfy the Tippie College of Business RISE requirement.
- c
- Three additional electives (9 s.h.) are required for the certificate. These include BAIS:3025, MGMT:4100, MKTG:4200, finance courses (prefix FIN) numbered 4000 or above. The availability of courses outside the Department of Finance may be subject to prerequisites or restricted to students who have declared a second major within the respective department.