About this Program

Risk and risk management transcend disciplines and have become increasingly important over the last 20 years. The RMI major and minor allow elective courses from other majors to reflect that risk affects and needs to be considered by every corporate function.

Program Highlights

  • The Finance Department at Old Dominion University has earned a national reputation for its contributions to practice through teaching excellence and professional leadership

  • The Insurance and Financial Services Center offers several networking opportunities including hosting an annual career fair, bringing speakers to campus and other events for students and industry professionals

Degree Level
Degree Earned
Bachelor of Science in Business Administration
Delivery Modes


Check out these ideas from ODU Career Development Services and the Occupational Information Network (O*NET). A median salary is a midpoint of what people typically earn—half of those surveyed earned above the median salary, and half earned below.

Risk Management Specialists

$76,630 Median Salary

Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.

Investment Underwriters

$76,630 Median Salary

Manage communications or negotiations between corporate issuers of securities and clients regarding private equity investments. Underwrite the issuance of securities to provide capital for client growth. Negotiate and structure the terms of mergers or acquisitions.

Insurance Claims and Policy Processing Clerks

$41,090 Median Salary

Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records. Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.

Loan Officers

$77,920 Median Salary

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.


What are the requirements to apply for Risk Management & Insurance at ODU?
Students entering the Bachelor of Science in Business Administration program in Risk Management & Insurance should meet the minimum university admission requirements Undergraduate Admission.

Applicants for admission to any of the majors in the undergraduate degree program in business administration (Bachelor of Science in Business Administration - BSBA) should apply initially to the Office of Admissions of Old Dominion University. Students cannot be accepted into business administration without first being admitted to the University. Admission to the University does not guarantee admission to the Bachelor of Science in Business Administration (BSBA) program. Candidates for admission to the BSBA program should indicate on the application to the University their intention to enter the undergraduate business administration degree program. Admission to the BSBA degree program is a two-step process. 1.     Students must first successfully complete ODU admission requirements and be certified as having done so 2.     Complete admission requirements to the BSBA degree program  


At ODU, we understand that as a transfer student you have unique needs that require a wide array of campus resources. The Center for Advising Administration and Academic Partnerships aims to create a transfer inclusive culture that supports the successful...


Estimated rates for the 2023-24 academic year. Rates are subject to change. Anyone that is not a current Virginia resident will be charged non-resident rates. That includes international students.

Active Duty Military Rate
Cost Per-Credit $250
Virginia Resident
Cost Per-Credit $393
Technology Delivered Courses Outside Virginia and/or the United States
Cost Per-Credit $407
Cost Per-Credit $1,073

Ways to Save

Here are a few ways for you to save on the cost of attending ODU. For more information visit University Student Financial aid



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