The risk management and insurance (RMI) degree program prepares students to identify, analyze, and manage risks that are inherent in the operation of profit and not-for-profit institutions. Students take courses designed to provide practical knowledge and skill-focused training that meet individual interests and employer needs. Current course offerings align with our faculty research strength and support Wisconsin School of Business initiatives in analytics and navigating uncertainty. We offer both foundational courses, such as Principals of Risk Management, and in-depth courses, such as Risk Financing, Risk Analytics and Behavioral Science, Commercial Insurance Contracts, Insurance Operations, Employee Benefits Management, and Sustainability Risk Management.

Our faculty are thought leaders with a variety of interests, including: risk management, risk evaluation, insurance regulation, insurance company financial operations, enterprise risk management, behavioral economics, and reputation risk. The strength and breadth of our faculty research enhances the student experience by giving students first-hand access to industry experts that match their interests.

Explore Study Abroad

Studying abroad is an excellent way to gain international experience that enhances your business education. Many students also consider a summer program or a short program embedded in a course. Students are encouraged to visit the Study Abroad section to learn more about study abroad opportunities and to meet with their academic advisor to discuss course planning. Students can take a maximum of two courses in their major abroad. Other common course options abroad include core and breadth courses.

Course Requirements

Students must be admitted to the Wisconsin School of Business to complete a major in Risk Management and Insurance.

The curriculum requirements for Risk Management and Insurance major can be found on Guide.


Learn more about the Risk Management and Insurance department.


Businesses rely on risk professionals to manage risk (financial, credit, legal, insurance, contractual, etc.) within the business and to structure products and operations that mutual benefit the organization and its customers. Risk management is a critical differentiator that allows companies to grow safely. Risk managers frequently work with all divisions of an organization.


Meet the academic and career advisors for RMI.

Lauren Wypiszynski
Academic Advisor
Jamie Mickelson
Jamie Mickelson
Career Coach

Please visit the Contact Advisors and Staff page for information on advising and appointments.

Contact wibbaadvising@bus.wisc.edu for questions regarding academic advising.