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University of Wisconsin

Madison , Wisconsin ,United States

BUSINESS: RISK MANAGEMENT AND INSURANCE, BBA

The major in risk management and insurance prepares students to identify, analyze, and manage risks that are inherent in the operation of profit and not-for-profit institutions. Besides professional careers in risk management, the major cultivates skills required for challenging opportunities in organizations that accept these risks—private and governmental insurers, as well as brokerage/agency and consulting organizations.

 

Intakes

  • Aug

Application Processing Time in Days: 10

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Risk professionals identify, develop, and analyze solutions to manage risk (financial, credit, operational, etc.) at both the organizational and consumer level. Effective risk management encompasses all divisions of an organization, allowing the organization to grow safely and to be more resilient. Insurance is a key solution for managing risk and is deployed by risk professionals working as brokers, underwriters, claims adjusters, product developers, and a host of other potential insurance careers.

PSW Opportunity

  • 12 to 36 months( OPT duration depends on the major studied)

Admission Requirement / Eligibility Criteria

If you are currently enrolled in high school: Official transcripts from your U.S. high school, as well as transcripts for any secondary work (grades 9–12) completed prior to enrollment in a U.S. high school. Your current U.S. high school may submit their copy of your prior school transcript.

India

If you are currently enrolled in high school at the time of application:

  • An official copy of grade 10 secondary school examination board results officiated or attested by school official*
  • Internal grades for coursework taken in grades 11 and 12, through time of application.
  • In order to finalize admission, students must supply an officiated or attested copy of their grade 12 senior secondary board results. 

If you have already completed high school at the time of application: Attested secondary and senior secondary/intermediate education board results*

*Board results listed on transcripts are not sufficient; we require attested copies of the actual results certificates issued by the examining board.