ULM logo
ULM Risk Management program earns national ranking

Published January 26, 2015

Monroe, La. — The risk management and insurance industry is witnessing a boom across the nation.

This is evidenced in part by an increase in enrollment in top undergraduate risk management and insurance programs nationwide. Just in the last year, ULM’s risk management and insurance program has seen enrollment grow from 42 students to approximately 120. It’s not surprising, then, that the program has earned itself a place among the nation’s best.

Business Insurance, a leading news source for the risk management and insurance industry, lists ULM’s risk management and insurance as no. 18 in a ranking of the top programs in the nation. It was the only school in Louisiana to make the list.

The report includes information on programs offered; accreditation status; number of courses offered, including online; faculty numbers; and supplemental programs such as international exchange programs and internships.

“We are excited to see our Risk Management and Insurance program receive national attention. I offer my congratulations to Dr. Berry and her students for their growth, national reputation, and continued success,” indicated Dr. Ron Berry, Dean of the College of Business and Social Sciences.    

ULM’s program is one of the few in the country that provides specialized courses in surplus lines and reinsurance. Surplus Lines insurance is heavily used in Louisiana in the agriculture, entertainment, petrochemical and tourism industries. 

Business Insurance serves business executives who are responsible for the purchase and administration of corporate insurance/self-insurance programs, encompassing both property and liability insurance and employee benefit programs, including life, health and pensions.

According to Dr. Christine Berry, Associate Professor and program coordinator of ULM’s Risk Management and Insurance program, the time is ripe for prospective ULM students to seriously consider risk management and insurance as a career option.

“Our industry is facing a significant talent gap with approximately half of the current workforce expected to retire within the next 10 years,” said Berry. “Students are seeing the phenomenal success of our alumni and current majors and realizing that this is an industry with endless opportunities. Companies have been telling me for years that our ULM RMI graduates outperform students from the top programs in the country. This has led to some of the largest wholesale insurance companies in the country recruiting and hiring our students.”

ULM’s Risk Management and Insurance program provides opportunities for students to receive various scholarships and internships with local companies, agencies, and financial institutions. The Risk Management and Insurance Society (RMIN) is a professional society within the College of Business that is "designed to foster the study of risk management and insurance in universities; to encourage scholarship, social activities, and the association of students for their mutual advancement by research and practice; to promote closer affiliation between the risk management and insurance industry and students of risk management and insurance; and to further a high standard of ethics at universities and in the industry."

To learn more about ULM’s Risk Management and Insurance program, visit ulm.edu/cbss/insurance.

About Business Insurance

Business Insurance is the authoritative news and information source for executives concerned about risk and the impact on their business. Delivered in a multi-media mix, including a bi-weekly print magazine, tablet apps, digital replica, and daily online and mobile news, Business Insurance helps readers do their jobs better. For more information, businessinsurance.com.