The Wisconsin MBA Program specialization in risk management and insurance teaches you how to use the most widely accepted decision-making frameworks and financial tools. Our faculty bring their current research addressing some of today's most challenging issues into the classroom, providing you with industry-specific knowledge to give you an edge in your career.

To reinforce classroom concepts, you will participate in applied learning opportunities that engage you in real-world business problems and connect you with industry leaders. Students learn from and exchange ideas with executives who are at the forefront of industry practices. These experiences prepare students to launch successful careers in firms with risk management challenges.

In addition to the courses listed here, the curriculum also includes specialization electives such as risk analytics and behavioral science; insurance company operations; risk financing techniques; and sustainability, environmental, and social risk management. Students can also choose electives in other business topics for cross-functional career preparation.

First Year

First Semester

  • Data to Decisions*
  • Financial Accounting*
  • Introduction to Financial Management*
  • Leading and Working in Teams*
  • Marketing Management*
  • Operations Management*
  • Principles of Risk Management
  • Risk Management and Insurance Topics

Second Semester

  • Ethics, Integrity and Society*
  • Integrated Company Analysis*
  • Business Strategy*
  • Economics for Managers*
  • Legal Risk Management OR Risk Analytics and Behavioral Science
  • Advanced Topics in Risk Management OR Seminar in Risk Management and Insurance
  • Elective (optional)

Second Year

First Semester

  • Managerial Accounting
  • Management of the Insurance Enterprise OR Sustainability Risk Management OR Commercial Insurance Contracts
  • Risk Financing
  • Risk Management and Insurance Topics
  • Elective 

Second Semester

  • Management of the Insurance Enterprise OR Commercial Insurance Contracts
  • Legal Risk Management OR Risk Analytics and Behavioral Science
  • Advanced Topics in Risk Management OR Seminar in Risk Management and Insurance
  • Elective

*Core courses, taken by all Wisconsin Full-Time MBA students, provide a foundation in key functional areas of business and essential managerial skills. The curriculum shown is representative of the course of study; specific course offerings may vary.

David Olson

“World-class learning from industry thought leaders: something to expect from a top-tier education. My time here in the risk management and insurance specialization in the Wisconsin MBA Program has more than met that expectation.”

— David Olson, MBA