The specialized courses in insurance are designed to give students the theoretical knowledge they need for careers in insurance and the practical skills necessary to gain employment in the insurance industry. The courses cover the nature of risk, life and health insurance, property and casualty insurance, risk management, and employee benefits. Insurance majors select finance and real estate courses as electives and complete two independent study projects. The Howard University Chapter of Gamma Iota Sigma is an honor society for outstanding students in insurance studies. Acturial Science Actuarial science is a specific area of study within the insurance field.
Insurance is a social concept which heavily involves risks and probabilities.
The actuarial scientist is responsible for calculating the probability of loss and the relative costs. The world has increasingly become a global marketplace where companies and individuals must be prepared to meet competition from countries around the world. The School of Business is a pioneer in the field of international business education at the undergraduate level. Such an education provides the tools necessary for a student to become a future leader in the dynamic global marketplace. The recently revised curriculum is challenging.