Risk Management and Insurance Education at the Millennium

This paper provides one assessment of the current status and future expectations of risk management and insurance (RMI) education. This assessment is based on a survey of academic members of the three major RMI academic organizations (ARIA, SRIA, and WRIA) conducted at the end of the 1999 academic year. Results are presented to help RMI educators identify current practice and potentially fruitful areas of teaching and research activity that may be useful in their strategic planning and decision-making efforts. Key areas explored include course offerings, career opportunity potential, resource availability, the impact of technology and distance learning, and value of professional designation educational programs and internships. Observations offered in this paper should facilitate a better understanding of the changing educational landscape facing various RMI constituencies.