Bachelor of Risk Management and Insurance

The Bachelor of Risk Management & Insurance is offered in an executive format and designed for non-traditional students. It is a broad-based program primarily designed to offer a versatile education in risk management within the context of a corporate insurance, offering students opportunities to become competent with risk management and insurance concepts within personal and commercial lines of insurance within a stipulated time frame of one year (6 Modules). The executive format program of study is offered to current and potential executives, professionals, managers, and supervisors who have completed two (2) years of college study.

Prospective students will have the opportunity to begin their degree program at three different times during the year: August, January and May. Each new start will begin with Module 1 of the degree program. This Bachelor of Risk Management & Insurance is designed as a fully online degree program. All students in the degree program will complete the same courses in Module 1 through Module 6.

Program Highlights for the Bachelor of RMI

1. In addition to facilitating professional growth and development in a variety of ways, the RMI program, being structured in modules within the semester, has the following advantages:
2. Credit for prior undergraduate work at accredited institutions.
3. Completion of the program within one (1) calendar year (50 weeks/3 semesters/6 modules).
4. All classes taken with other motivated and dedicated adults.
5. Classes are taken online.
6. Ability to enter the program several times per year.

Program Objectives for the Bachelor of RMI

1. Apply effective oral and written communication skills to all communications within the business environment.
2. Adapt key analytical concepts and methods as decision-making tools to solve financial problems.
3. Utilize key concepts in investment analysis and portfolio management to minimize risk, to improve cash flows and resale value.
4. Summarize and identify the purpose and application of retirement planning, insurance, and financial markets and institutions.
5. Construct risk management methods to cope with and manage risks faced by businesses operating in a dynamic, global business environment.
6. Assess ethical issues and related issues through a Christian perspective.

Admission to the Bachelor of RMI

Applicants must meet the following requirements to qualify for admission:

1. Minimum cumulative GPA of 2.0 on all previous college coursework.
2. Completion of entrance competencies as listed for a total of 66 hours of core credit.
3. Minimum 23 years of age.

Conditional/provisional admission status may be granted by the RMI Department Director. Such admission exception must be in writing prior to enrollment. No waivers are intended to be granted by the Director for any student who has less than the minimum 66 hours required entrance competency.

The Bachelor of RMI program consists of 120 semester credit hours. This includes the minimum suggested 66 hours as an entrance requirement, plus 54 hours in the one-year modular program. Any deficiencies in entrance competencies will be evaluated and students having such must fulfill the requirements before they graduate. Such students shall be granted provisional admission. These entrance requirements can be completed at Faulkner University or any other regionally accredited college and must be completed within two years from the date the student begins the program. At least two years of relevant work experience is highly desirable. A student must maintain a cumulative GPA of 2.0 to be awarded the RMI degree.

Students enrolled in Faulkner University’s one-year degree completion programs will not be granted permission to simultaneously take core courses. Transfer credit for core requirements will not be accepted from other schools if taken while enrolled in any of Faulkner University’s one-year degree completion programs.

Academic Criteria for the Bachelor of RMI

The Bachelor of RMI is a program with a stair/lock-step structure like executive programs offered in block schedules or modules. The nature of the program is designed around the executive. The program provides a distinctive mix of traditional academics and executive management programs to effectively equip managers, professionals, and executives with the knowledge to confront issues in today’s risk management and insurance environment.

It is designed to give students a working knowledge of risk management and insurance and how they function within society, both nationally and internationally. The Bachelor of RMI is offered primarily as a degree completion program. Students who successfully complete such programs can apply for admission to graduate programs in the College of Business of Faulkner University. Certain graduate Business programs offered by Faulkner University might require additional prerequisites.

A Faulkner transcript will show a Faulkner grade point average (GPA) and an Overall GPA that includes any transfer credit authorized by the Registrar’s Office. However, the final GPA, which will be considered for honors at graduation, will include all Registrar approved credit from all accredited schools attended (technical and academic) in addition to credit awarded by Faulkner University. Students with an Overall GPA of 3.75 or higher will graduate with honors.

All requirements for the Bachelor of RMI degree must be completed within four (4) years of the initial enrollment to the program. Prior to re-entry/re-enrollment, students who withdraw from the program must satisfy the requirements based on the current curriculum/catalog including completion/satisfaction of any core requirement deficiencies.

Academic Advising for the Bachelor of RMI

Students should recognize that they have the primary responsibility in planning their own academic program, given the fact that this is a structured degree completion program. All students entering the University’s executive format programs will be given an official evaluation of transcripts, military school and training, etc. Any student lacking in core requirements has a variety of options available to satisfy these deficiencies: CLEP/DANTES, additional coursework, etc. The Transcript Evaluators in the Registrar’s Office will provide the student with detailed information on these options, and specific courses needed to satisfy core requirements. While the Dean of the College of Business and the Vice President for Academic Affairs may make recommendations, the Transcript Evaluators have the responsibility and authority on the evaluation of all credit transferred to Faulkner.

Academic Appeal for the Bachelor of RMI

If a student has reason to question the decision of an instructor with regard to course content or to a grade received, the student should follow the protocol below. A written appeal must be made within six weeks of completing the course in question. The academic appeal process generally takes four (4) weeks.

1. The appeal is first made to the instructor of the course.
2. If the student has further concerns, he/she may appeal (in writing) to the Program Director. The Director will investigate the students’ concerns and respond.
3. If further appeal is required, the appeal should be made to the Dean of the College of Business and Executive Education.
4. Only after steps 1 - 3 have been completed, if the student so desires, the appeal can next be taken to the Vice President of Academic Affairs. Please be informed that the Vice President of Academic Affairs represents the final academic appeal for Faulkner University.

Students not following the above protocol will be deemed not abiding by their academic program at Faulkner University. Students contacting any other external (outside of Faulkner University) person, agency, or institution will also be deemed to be in noncompliance with the guidelines of the academic program at Faulkner University.

Action taken may include, but not be limited to, withdrawal from the program, dismissal, probation, suspension, or any other action as deemed necessary by the administration of Faulkner University.

Academic Misconduct in the Bachelor of RMI

Academic misconduct includes but is not limited to plagiarism, falsification on tests and/or assignments, attempting to take credit for another’s work (including AI-generated work), and abuse or inappropriate behavior toward an instructor, student, staff member, or administrator. Inappropriate behavior includes disrespect for an instructor/administrator’s authority, calling members of the administration at home with complaints, or any non-professional behavior during an academic session. Aggressive and/or offensive communications with instructors, staff, administrators and/or fellow students will not be tolerated.

Faulkner University reserves the right to dis-enroll a student at any time for any academic or behavior- related cause as deemed necessary by the Academic Department or Administration of Faulkner University. Depending upon the circumstances, a tuition refund for that term may not be granted.

Attendance for Online Courses

Regular online participation is expected of all students and is essential for academic development. Class interaction through discussion board threads and individual participation are vital to the course objective and a lack of involvement negates the course’s value.

1. Each online course will be divided into seven sessions that correspond with the Bachelor of RMI calendar. Please note that each individual professor may have specific deadlines within each session.
2. At the close of each scheduled Bachelor of RMI online session, Canvas logs are used to monitor attendance. They will determine whether or not the student has completed all assigned tasks for that session, and then the student will be marked as either present or absent for that session.
3. At the close of each scheduled Bachelor of RMI online session, Canvas logs are used to monitor attendance. They will determine whether or not the student has completed all assigned tasks for that session, and then the student will be marked as either present or absent for that session.
4. A required assignment or discussion board contribution may not be submitted before the timeframe begins (is opened and available on Canvas) nor submitted after the timeframe ends (is closed and unavailable on Canvas). No make-up work is allowed after the exam, assignment, etc. has closed and is no longer available in Canvas.
5. A student who misses the first two “sessions” of any online course will be withdrawn from the course. A student who participates and then misses more than three meetings of any course will receive an automatic “FA” in the course.