Mercyhurst University

Risk Management Bachelor of Arts

Understanding Risk for Business and Insurance Growth

All businesses and organizations face risk, possible future events and circumstances that can affect business goals. Risk Management is the essential business process through which organizations assess and mitigate risks in order to protect information and property resources and develop strategic business and financial plans. 


Mercyhurst’s F. W. Hirt Erie Insurance Risk Management Program offers a unique business curriculum that equips students with the analytical and project management skills, communication abilities, and understanding of the laws and regulations that are essential for careers in risk management or insurance. This major also includes exposure to in-demand fields such as enterprise risk management and insurance, and it’s one of the few programs in the country to offer coursework in cyber risk management. Organizations in every industry need professionals skilled in risk management; with the insurance industry facing a talent shortage of 400,000 professionals, our grads are well positioned for excellent careers after graduation.

Experience & Outcomes

Fast Facts About Risk Management

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The F. W. Hirt Erie Insurance Risk Management Program was developed through a partnership with Erie Insurance, a Fortune 500 company.
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The courses allow students to earn 33 percent of the requirements for the Chartered Property Casualty Underwriter designation, a sought-after professional achievement in the property casualty industry.
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Housed in the Walker College of Business, this program also provides students with a well-rounded general business education.

RMGT 120 Fundamentals of Risk Management

Students will receive an overview of risk management principles and the role insurance plays in the assessment process. This course also addresses all aspects of the risk control options in personal and enterprise contexts, including prevention, avoidance, transfer. 

RMGT 320 Risk Management & Insurance

This course focuses on additional details of the terminology of insurance. To understand insurance, students need to review contract law and agency relationships. The course will introduce topics covered in later courses, such as personal property and liability insurance, commercial property and general liability insurance. 

RMGT 325 Finance and Accounting for Insurance Professionals

This course will provide an introduction to insurer statutory accounting, cash flow valuations, and insurer investment portfolio management. It will incorporate some coverage of GAAP financial statements and financial statement analysis. This course is closely aligned with the industry designation exam CPCU 540. 

CIS 363 Cyber Security Law & Policy

This course introduces students to legal aspects of cyber security. Topics include: availability, integrity, confidentiality, risk analysis and incident response, intellectual property law, contracts in online transactions, tort law issues in cyberspace, the concept of privacy and its legal protections.

Meet the Faculty

Juan Argaez, Ph.D.
Assistant Professor
Adrienne Foos
Adrienne Foos, Ph.D.
Assistant Professor
Gary Sullivan
Gary Sullivan
Assistant Professor of Insurance Risk Management
John Parente, D.Ed.
Assistant Professor of Sports Business
Kimberly Zacherl, MBA, SPHR, SHRM-SCP
Assistant Professor of Business; Program Director, Human Resource Management
Kristofer Gossett, DBA
Assistant Professor
Faculty Image for 
Lee Anna Belovarac
Lee Anna Belovarac, MBA
Assistant Professor
Mahtab Athari, Ph.D.
Assistant Professor of Finance
Mark Simpson
Mark Simpson, M.B.A. CPA CFP
Murray Pyle, Ph.D.
Assistant Professor of Quantitative Management
Penny Hanes
Penny Hanes, MBA, CPA
Associate Professor
Selin Yalcindag, Ph.D.
Assistant Professor
William Jeffress, MBA
Instructor of Sport Business