Study of Risk Management and Insurance (RMI) helps students understand the many aspects of an industry that is vital to our economy. RMI concentrates on value creation, asset protection, and corporate and financial risk management. It also addresses financial and economic characteristics of exposure to loss and explores techniques for hedging risks and minimizing associated costs.

Why Iowa?

The Emmett J. Vaughan Institute of Risk Management and Insurance provides dedicated scholarships, internships, and a student resource center for RMI students. There are numerous opportunities to network with industry leaders and hear special speakers through both the Institute and its affiliated student organization, Gamma Iota Sigma.


Risk Management and Insurance
Careers and Outcomes

Employment demands are high and the industry is dynamic and changing rapidly. The financial services/insurance sector is the second largest economic sector in Iowa, including 29 headquartered companies and 228 branches.

Risk management and insurance is a diverse field with many career opportunities. Graduates with strong RMI backgrounds work in a variety of jobs, including underwriter, claims adjuster, financial analyst, capital and asset manager, insurance and accounting auditor, actuary, financial analyst, underwriter, business risk management consultant, bank compliance officer, personal banker, and stock exchange trader.

Iowa graduates have a 95 percent job/grad school placement rate within six months of graduation. Our Pomerantz Career Center offers multiple resources to help students find internships and jobs. 


The University of Iowa provides a variety of scholarships to eligible undergraduate students through the Iowa Scholarship Portal. Scholarships are available to first-year, transfer, and currently enrolled students. For additional details on scholarships for your program of study, check directly with the department or college. 

The Office of Admissions and the Office of Student Financial Aid are great resources for students seeking scholarships. 


The certificate program is designed to give students an in-depth understanding of risk management tools as well as hands-on experience using them. It provides students with the knowledge to understand the business model of insurance. Experiential learning is a cornerstone of the program.

Students work as consultants solving real world risk management challenges for companies in eastern Iowa. These projects are supervised by industry professionals, while conceptual classes are taught by research-active professors with global reputations. The Vaughan Institute was named a Global Center of Insurance Excellence, one of only 20 in the world.

Review Risk Management and Insurance in the UI General Catalog for to learn about required course work.