At the undergraduate level, Insurance & Risk Management is only offered from the second year onwards, and requires a pre-requisite of Economics I. The second year course is broad-based giving an overview of the essential elements for managing risk. The third year course builds on this theoretical basis, concentrating on the application of specific theories covered in second year. The third year also introduces economic theory of managing risk and insurance.
These courses are sequential and students require a pass in Insurance & Risk Management IIA before they will be allowed to proceed to Insurance & Risk Management IIB.