BGSU

Insurance

Bachelor of Science in Business Administration
Department of Finance
College of Business Administration

The Insurance Specialization is designed for business students to prepare them to be an insurance specialist, with the academic and professional levels of education needed to advise on insurance and manage insurance company and agent operations. The program is one of only a few programs in the state of Ohio specifically focused on insurance.

Career Opportunities

Insurance is a major player in Ohio when it comes to employment opportunities. With more than 250 companies and 100,000 employees and an annual statewide economic impact of nearly $6 billion, the insurance industry is one of the state’s major employers. Ohio is currently the seventh largest insurance state in the nation.

It is estimated that nearly 26,000 new jobs will need to be filled in the insurance sector by 2020 as the current generation reaches retirement age. Even without factoring in the unprecedented shortage of qualified workers over the next five years, Ohio insurers and related employment activity are projected to increase by 5.2% between 2010 and 2020. With this new specialization, the College of Business is well positioned to provide highly qualified individuals for the insurance industry.

Upon completion of the new insurance program requirements, students will gain exposure to more than 30 different career paths including accountant, benefits specialist, claims adjuster, claims representative, fraud examiner, insurance agent, loss prevention manager, pricing analyst, risk manager, and underwriter.

Curriculum

The Insurance Specialization requires a total of 22 credit hours including 13 credit hours of five new insurance courses covering all aspects of insurance. The Minor in Insurance requires 22 credit hours for non-business students and 25 credit hours for business students. The most unique feature of our insurance curriculum is 1 credit-hour course of INS 2100 (Introduction to Insurance and Insurance Careers). This course combines classroom lectures and practitioners’ talks to provide an overview of various insurance areas and careers form highly practical perspectives.

Special Features

In order to promote continuing partnerships with the insurance industry, the Department of Finance has founded the new Insurance & Risk Management Institute (IRMI) and secured funding for individual and institutional charter memberships. Through the IRMI, the insurance programs will offer a variety of events and activities for the benefits of program students and the insurance industry.

Further, thanks to the IRMI member companies and the generosity of alumni, named scholarships in the amount of more than $10,000 are to be awarded to program students.

The Department of Finance also plans to establish new insurance student organizations such as Gamma Iota Sigma Chapter at BGSU in the coming year.

College Highlights

The College of Business Administration offers outstanding academic programs, nationally recognized chapters of professional student organizations, a large base of scholarship support and a tradition of success based on providing students with the knowledge and skills needed to succeed in a competitive business environment. The college maintains close ties with regional, national and international businesses.

The undergraduate and master’s business programs are accredited by the AACSB International-The Association to Advance Collegiate Schools of Business. Less than 500 colleges and universities worldwide that confer business degrees have achieved this recognition for assuring quality and continuous improvement in their programs, faculty and resources.

Preparation for College

Completing the requirements for high school graduation is necessary for admission to BGSU, but only finishing the minimum coursework will leave you unprepared for college. Consider taking four years of mathematics instead of the three that are required. Two, three or even four years of the same foreign language is excellent preparation for college. You will also benefit from competency in computer use. Courses that provide exposure to or training in the visual and performing arts are excellent choices.

Entrance to the College of Business Administration
Entrance to the College of Business Administration as a pre-business or economics student is selective. New freshman and new transfer students may apply for entrance to the College with their application for University admission. Math and composite ACT scores (or equivalent SAT scores) are used in the selection process.

Admission to BSBA Program

Admission to BGSU does not guarantee admission to the Bachelor of Science in Business Administration degree program. Students enroll in the College of Business Administration as pre-business students. Full admission to the BSBA program requires completion of calculus and a set of introductory business courses with a satisfactory grade point average. The BSBA degree will be granted only to those students who achieve BSBA admission and fulfill all degree requirements.

Students who have questions should contact the Undergraduate Student Development Office in the College of Business Administration, 419-372-2747.

Sample Program

The following is a sample of courses appropriate for all BSBA students. Actual courses taken will vary depending upon personal interests and electives selected.
BG Perspective courses.

Writing

Calculus

Electives

20 core business courses

7 specialization courses taken in junior and senior years

For a complete listing of course requirements, please refer to the BGSU undergraduate catalog: www.bgsu.edu/catalog/.

Requirements for Transfer Students

Generally, non-business courses taken at either two-year or four-year institutions are accepted for transfer credit by the College of Business Administration.

For students who transfer to BGSU from a two-year institution, courses that match introductory business courses offered by the CBA are acceptable for transfer credit.

Ordinarily, transfer credit is not accepted for business courses beyond the introductory level that require junior or senior standing at BGSU. However, students who believe that they have sufficient background in the subject matter of a course may be permitted by the appropriate department to take an examination for credit in the course.

For students who transfer to BGSU from a four-year institution, equivalent lower-level, introductory and business core courses are often accepted for transfer credit. Upper-level business courses in an area of specialization may be accepted up to a maximum of 50 percent of the coursework required within a given area of specialization.

Internet Access

BGSU's website for future students contains University highlights, admissions procedures, financial aid information and many department profiles. It can be accessed at www.bgsu.edu.

The University

Bowling Green State University is a vibrant university that engages, challenges and prepares students for meaningful futures. At BGSU, students enjoy an education that integrates personal growth, academic excellence and an environment that expands their thinking and potential. A mid-size residential university, BGSU has an enrollment of approximately 20,000 and a full-time faculty of more than 900 on its main campus. More than 200 undergraduate majors and programs are offered as well as master's and doctoral level programs.

NOTE: Information in this guide is subject to change without notice. To learn more about the official program of study for Insurance, please check the undergraduate catalog online at: choose.bgsu.edu/catalog/INSU

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