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Undergraduate Degree Programs

Penn State University Park

Insurance and International Business (INSIB) - Archive

ARCHIVED FILE
Begin Date: Summer Session 1995
End Date: Fall Semester 2002 (Program dropped effective Spring Semester 2003)

Insurance and International Business (INSIB) - Archive

University Park, The Smeal College of Business Administration

PROFESSOR KENNETH M. LUSHT, in charge

This major is designed to prepare students for a wide range of professional opportunities in international insurance. Areas such as international brokerage, reinsurance, and risk management of multinational corporations are included. The insurance component focuses on risk management, financial analysis, markets, and regulation. The international focus is upon insurance trade flaws and barriers, international market structure, and varying regulatory patterns across nations.

For the B.S. degree in Insurance and International Business, a minimum of 145 credits is required (at least 15 credits must be taken at the 400 level).

Scheduling Recommendation by Semester Standing given like (Sem: 1-2)

GENERAL EDUCATION: 45 credits
(12 of these 45 credits are included in the REQUIREMENTS FOR THE MAJOR)
(See description of General Education in front of Bulletin.)

FIRST-YEAR SEMINAR:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

INTERCULTURAL AND INTERNATIONAL COMPETENCE:
(Included in ELECTIVES or GENERAL EDUCATION course selection)

WRITING ACROSS THE CURRICULUM:
(Included in REQUIREMENTS FOR THE MAJOR)

ELECTIVES: 3-15 credits

REQUIREMENTS FOR THE MAJOR: 97-109 credits
(This includes 12 credits of General Education courses: 3 credits of GWS courses; 3 credits of GS courses; and 6 credits of GQ courses.)

PRESCRIBED COURSES (54 credits)
CMPSC 203 GQ(4), ECON 002 GS(3), ECON 004 GS(3) (Sem: 1-4)
ACCTG 211(4), B A 243(4), M I S 204(2), MS&IS 200(4) (Sem: 3-4)
INS 301(3)[1], INS 310W(3)[1], INS 320(3)[1], INS 401(3)[1], INS 405(3)[1] (Sem: 5-10)
B A 301(3), B A 302(3), B A 303(3), B A 304(3), ENGL 202D GWS(3) (Sem: 7-10)

ADDITIONAL COURSES (13 credits)
MATH 110 GQ(4) or MATH 140 GQ(4) (Sem: 1-2)
Select 9 credits from ECON 302 GS(3), ECON 304 GS(3), ECON 323 GS(3), FIN 306W(3), FIN 408(3), INS 305(3), INS 400(3), INS 410(3), INS 411(3), INS 412(3), MKTG 428(3), R EST 301(3), R EST 306(3), or R EST 409(3), in consultation with adviser (Sem: 5-10)

SUPPORTING COURSES AND RELATED AREAS (30-42 credits)
[Students may apply 6 credits of ROTC.]
Attainment of third level proficiency in a single foreign language (0-12). Proficiency must be demonstrated by either examination or course work. See the admission section of the general information in this bulletin for the placement policy for Penn State foreign language courses. (Sem: 1-4)
Select 15 credits from business and related nonbusiness courses in an approved Education Abroad Program, in consultation with adviser (Sem: 5-6)
Select 15 credits of international business related courses in consultation with adviser (see department list) (Sem: 5-8)

[1] A student enrolled in this major must receive a grade of C or better, as specified in Senate Policy 82-44.

Last Revised by the Department: Summer Session 1995
Blue Sheet #: 23-05-048
Review Date: 04/11/00 (General Education information updated)

Dropped by the Department: Fall Semester 2002
Blue Sheet #: 31-04-020
Review Date: 1/14/03

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