The Risk Management and Insurance PhD program is designed to develop an understanding of both theoretical and applied aspects of insurance, risk management, and employee benefits.


  1. Math courses
    Calculus:  differential and integral
    Linear Algebra: a course elementary linear algebra is strongly recommended before taking doctoral level (8000 and 9000) courses.

Typical Course Sequence

  Fall Spring Summer
Year 1
Year 2
  • RMIN 9000 Doctoral Research
  • Preliminary Exams
Year 3 & 4  


Risk Management and Insurance PhDs have taken positions at various institutions, including Minnesota State University, Mankato and St. Joseph University.