Business Administration - Insurance and Risk Management Major

Be a part of a dynamic industry. A career in insurance and risk management offers flexibility with client interaction, teamwork, networking, and professional growth.

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Diploma
school
Chiu School of Business
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4 Terms
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Open to International students
PGWP code:
52.1701
all about

Business Administration - Insurance and Risk Management Major

The Insurance and Risk Management Major gives you the knowledge and skills to address uncertainty and manage risks in areas such as the environment, technology, people, organizations, and politics. You’ll learn to assess risks, reduce threats, and create strategies that keep uncertainty at acceptable levels.

Time Commitment

This is a two-year (four-term) diploma program. A standard course load is five courses per term, though you can maintain full-time status with at least three. Taking fewer than five courses per term will extend your completion time.

this program is accredited:

Industry Designations

  • Chartered Insurance Professional (CIP): Students who successfully complete applicable Insurance Institute of Canada exams can earn recognition for up to 7 of the 10 courses required for the CIP designation. This professional benchmark opens doors to roles across multiple disciplines.
  • Canadian Risk Management (CRM): Earning the CRM designation demonstrates professional commitment and expertise in identifying, assessing, and managing risks. Widely recognized across public and private sectors, the CRM credential sets you apart in the industry.

Program Delivery

The Business Administration diploma includes both core business courses and major-specific courses. Core courses are available in class and online. All major courses are available in class, with some also offered online.

Available intakes

Starts in
Registration opens in
Domestic
International
May 2026
Transcripts due:
Applications closes:
Application Opens:
Transcripts due within two weeks of application submission.
Transcripts due:
September 2026
Transcripts due:
Applications closes:
Application Opens:
Transcripts due within two weeks of application submission.
Transcripts due:
January 2027
Transcripts due:
Applications closes:
Application Opens:
Transcripts due within two weeks of application submission.
Transcripts due:
Starts in
Registration opens in
March 9, 2026 for May 2026 course start dates
July 6, 2026 for September 2026 course start dates
To register in an Open Studies course, find the course in the list below and click on the course code. Select the offering of the course that you would like to take, add it to the cart, proceed to checkout, and pay with a credit card.
Registration for all courses opens at 9:00 A.M. Calgary time.
March 9, 2026 for May 2026 course start dates
July 6, 2026 for September 2026 course start dates
To register in an Open Studies course, find the course in the list below and click on the course code. Select the offering of the course that you would like to take, add it to the cart, proceed to checkout, and pay with a credit card.
Registration for all courses opens at 9:00 A.M. Calgary time.
March 9, 2026 for May 2026 course start dates
July 6, 2026 for September 2026 course start dates
To register in an Open Studies course, find the course in the list below and click on the course code. Select the offering of the course that you would like to take, add it to the cart, proceed to checkout, and pay with a credit card.
Registration for all courses opens at 9:00 A.M. Calgary time.

Program availability and start dates are subject to change. Admission is based on first applied, first qualified.

Admission requirements

  • Credit in English Language Arts 30-1 or minimum 65% in English Language Arts 30-2 or equivalent
  • Credit in Math 30-1 or Math 30-2 or equivalent

or

  • Successful completion of the General Educational Development (GED) test that consists of five tests with a minimum score in the following sections:
    • Language Arts: Reading and Writing: 520 minimum standard score
    • Math Test: 520 minimum score

or

or

  • Completion of 30 credits from a recognized business program (departmental approval required)

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English proficiency

If English is not your first language, please review the English language proficiency requirements.

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Academic upgrading

Missing a required admission criteria? Complete academic upgrading before applying.

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Transfer credit

Transfer opportunities are available to a variety of institutions. See where this program can transfer to.

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Provincial equivalencies

If you studied outside of Alberta, you can see which of your courses is equivalent to an admission requirement.

International Students:
Check whether your previous studies completed outside Canada meet the admission requirements using our country-specific document list.

Tuition and fees

Term
Tuition fees
Additional fees
Total fees*
Term 1
$3,165
$605
$3,770
Term 2
$3,165
$564
$3,729
Term 3
$3,102
$564
$3,666
Term 4
$3,060
$605
$3,665

Estimated total tuition:

total cost
Term
Tuition fees
Additional fees
Total fees*
Term 1
$8,128
$605
$8,733
Term 2
$8,207
$564
$8,771
Term 3
$8,380
$564
$8,944
Term 4
$8,380
$605
$8,985

Estimated total tuition:

total cost
*All tuition and fees are subject to change. Program tuitions are estimates only.  Your actual tuition and fees are calculated on actual course registrations and can be viewed under "Statement of Account" in MyBVC or by requesting a Statement of Account from Registrar Services.

Courses

Legend:

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Zero Textbook Cost

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Course is eligible for PLAR

Not all delivery modes are available for all courses or programs, and not all courses are available each term. Students should follow up on their individual program areas or their MyBVC for information for courses delivery types and availability.

Delivery modes, descriptions, and availability of courses each term are subject to change.

Complete the following courses:

CodeCourseCreditsPDF
ACCT1103Introduction to Financial Accounting3

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MGMT1101Introduction to Management3

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MGMT1401Microeconomics3

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MKTG1101Introduction to Marketing3

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Earn a minimum grade of B- in each of the following courses:

CodeCourseCreditsPDF
MGMT1201Business Communication3

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Complete the following courses:

CodeCourseCreditsPDF
HRES1101Organizational Behaviour3

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HRES2201Introduction to Human Resources3

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MGMT1102Introduction to Organizations and Sustainability3

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MGMT1601Business Law3

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MGMT2401Macroeconomics3

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Complete the following courses:

CodeCourseCreditsPDF
FNSR2101Introduction to Insurance and Risk Management3

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FNSR2103Insurance Against Liability3

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FNSR2104Automobile Insurance3

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MKTG2203Selling and the Customer Experience3

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MGMT2998Business Strategy3

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Complete the following courses:

CodeCourseCreditsPDF
FNSR2102Insurance on Property3

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Earn at least 9 credits from the following courses:

CodeCourseCreditsPDF
FNSR2105Essentials of Loss Adjusting3

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FNSR2106Underwriting Essentials3

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FNSR2107Essential Skills for Insurance Broker & Agent3

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FNSR2401Risk Management Principles and Practice3

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FNSR2402Risk Assessment and Treatment3

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FNSR2403Risk Financing3

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HRES2303Occupational Health and Safety3

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Earn at least 3 credits from the following courses:

CodeCourseCreditsPDF
FNSR2999Insurance and Risk Field Placement3

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FNSR2998Insurance and Risk Capstone3

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Frequently asked questions

Want to be work ready in one or two years? At Chiu School of Business, we’ll help get you there.

Flexible learning and practical experience at the Chiu School of Business get you career-ready in just one or two years.

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