March 29, 2018
In Business Insurance's 2017 rankings, the Darla Moore School of Business' globally recognized Risk Management and Insurance (RMI) program is ranked third largest in the country with 350 undergraduates enrolled in the major and eight courses being offered.
"All our classes are in high demand at about 60 students per class in our introductory RMI courses," said Robert Hartwig, clinical associate professor of finance and director of the Risk and Uncertainty Management Center.
"The growth in the program is part of the concerted effort to help meet the so-called 'talent crisis' that exists in the insurance market today as some 400,00 baby boomers in the industry today prepare to retire over the next several years, creating a large number of opportunities with potential for rapid advancement," Hartwig said.
RMI programs across the board have been growing in undergraduate enrollment about 10 percent each year for the last few years, but the Moore School's program has been growing at a much more rapid pace. Hartwig credits incentives such as higher starting salaries and opportunities to work abroad for drawing more students into the industry.
The Moore School's RMI program is not only growing — it has been recognized as being one of the best in the world. International Insurance Society selected the Moore School's undergraduate RMI program as one of the top 20 Global Centers of Insurance Excellence.
By Madeleine Vath