Students from far and wide come to the University of South Carolina to study risk management and insurance. While some 60 students from across South Carolina study RMI at the Moore School, they are joined by more than 300 others who hail from 18 other states and the District of Columbia. The strong reputation and popularity of the RMI major at UofSC has led to significant growth in recent years. Indeed, the Risk Management and Insurance Program at UofSC is ranked as the third largest in the U.S. according to Business Insurance’s 2017 Risk Management & Insurance Schools Rankings. More than half of the RMI students enrolled today are from the northeastern United States (MD, DE, PA, NY, MA and CT), which, along with certain Midwest states such as Illinois and Ohio (from which UofSC’s RMI program also draws), account for the majority of domiciles for the nation’s largest property-casualty, life and health insurers. UofSC’s RMI program also helps to expand and reinforce the representation of graduates from the Moore School in the nation’s leading financial institutions.
More and more students are being drawn to the industry because of higher starting salaries, accelerated advancement and opportunities to work abroad. According to Professor Robert Hartwig, “the Moore School’s RMI program is not only growing — it has been recognized as being one of the best in the world.” UofSC’s RMI program is one of fewer than 20 universities worldwide to hold the prestigious Global Centers for Insurance Excellence designation.
UofSC’s RMI program aims to produce graduates with analytical and qualitative decision-making skills that allow them to make rational, objective decisions under uncertainty. As of fall 2018, a record 366 RMI students were enrolled and ready to take that challenge at the Moore School. Hundreds more are taking RMI courses as electives, recognizing the critical importance of risk management across all business school majors.