1. Course Description2. Course Materials3. Course Objectives9. Grade Scale10. eLearning Commons (eLC)11. RMI Homepage12. Special Needs13. Academic IntegrityCurrent Events Project Options (Grading Options B&C)Option B: Current Events ESSAY Guidelines (5% of Course Grade)Option C: Current Events PRESENTATION Guidelines (10% of Course Grade)RMIN 4000 2014 Page | 1 The University of Georgia Terry College of Business Department of Insurance, Legal Studies and Real Estate RMIN 4000 – Risk Management and Insurance Spring 2014 Instructor: Jennifer (Jenny) Atkinson Office: Brooks Hall, Room 289A Email: [email protected] Office Hours: Mon & Wed: 2:30 PM to 3:30 PM (Walk-ins Welcome) Also, Available by Appointment Class Hours: MWF 10:10 AM to 11:00 AM MWF 11:15 AM to 12:05 PM MWF 1:25 PM to 2:15 PM *Please attend class during the section that you are enrolled in. If you would prefer a different class time, please change the time with the registrar. The course syllabus is a general plan for the course; deviations announced to the class by the instructor may be necessary. 1. Course Description Introduction to risk identification, risk evaluation, and risk treatment methods. Consideration is given to both business and personal risks, with an emphasis on insurance as a risk management tool. This course is designed for non-major, as well as, a basis for more advanced courses in Risk Management & Insurance. 2. Course Materials • Rejda, 11th Ed., 2010, Principles of Risk Management and Insurance, Addison-Wesley (R) • Supplemental readings and documents available from the class eLearning Commons page (eLC) 3. Course Objectives • Teach the principles and terminology of insurance and risk management. • Explain how individuals and corporations use the risk management process to control or finance their exposure to accidental loss. • Describe the job opportunities available in the insurance and financial services industry. • Illustrate the principles and theories of insurance law using some of the most widely purchased insurance policies, including personal automobile and life insurance. • Discuss both ethical and global business issues as they relate to the insurance transaction. • Build a foundation of understanding so that some of our society’s most important economic problems can be viewed intelligently.RMIN 4000 2014 Page | 2 4. Attendance Attendance is strongly advised. Class Lectures and Activities are designed to help you succeed in this class. Students are expected to attend class regularly and participate in class discussions and activities. You will be tested on information learned in class that may not be available in the written material. Experience shows that there is a strong correlation between regular attendance and class performance. If you miss class, it is your responsibility to obtain the notes from a classmate. Mandatory Classes: All students are required to attend Class on days when we have a Guest Speaker. All Guest Speakers will be announced, at least, one week prior to class via class announcements and eLC. If you fail to attend a class when we have a Guest Speaker, one point will be deducted from your final grade for each missed speaker. You are also required to attend class when we have an Exam. Please see the Exam section for further information. 5. Participation: Quizzes, Activities, & Assignments for extra credit: At various points in the semester, there will be quizzes (often unannounced), activities, and assignments. To receive credit, you must complete the quizzes, activities, and assignments when they are due. Most of these opportunities will be in class, some will be in ELC, and some will be outside of class. For in-class assignments and quizzes, you must attend your scheduled class time to receive the extra credit. Therefore, I recommend that you regularly attend the class time for which you are enrolled. 6. Exams: The course has three exams during the regular semester. During finals week, we will have a comprehensive final exam. If you are satisfied with your grade on the first three exams, you do not have to take the comprehensive final exam. Exams will test your knowledge as well as your ability to apply the knowledge, think critically, and apply analytical skills. Historically, students have found the exams to be more difficult than expected. Therefore, I strongly suggest that you attend class regularly and participate. 7. Average Exam Grade: Your Average Exam Grade will be the highest score based on three methods that are illustrated below: EX 1: Scores of 75, 65, 80, and 78 (final exam) Method 1: Average of first three exams (75+65+80)/3 = 73.3 Method 2: Final Exam Score (78) replaces lowest exam score 75+78+80)/3 = 77.7 ***Will use Method #2*** EX 2: Scores of 90, 80, 0, and 81 (final exam) Method 1: Average of first three exams (90+80+0)/3 = 56.7 Method 2: Final Exam Score (81) replaces lowest exam score (90+80+81)/3 = 83.7 *** Will use Method #2.*** EX 3: Scores of 90, 80, 70, and 65 (final exam) Method 1: Average of first three exams (90+80+70)/3 = 80 ***** Method 2: Final Exam Score (65) replaces lowest exam score (90+80+65)/3 = 78.3 ***Will use Method #1.***RMIN 4000 2014 Page | 3 NOTE: The final exam average will be computed based upon THREE exam scores. There will be no make-up Exams. If you miss an exam for any reason, you will be required to take the cumulative final exam. If you miss more than one exam, you will not be able to pass the class. 8. Course Grade Options: Your final grade in this course will be determined by one of the following options: Option A: Average of 3 highest Exam Grades – 100% Option B*: Average of 3 highest Exam Grades – 95%; Current Events Essay – 5% Option C*: Average of 3 highest Exam Grades – 90%; Current Events Presentation – 10% *Specific instructions on Options B & C are included on page 5 of the Syllabus. *NOTE: Option C will only be available to a maximum of 10 students. If you are interested, please see me as soon as possible. The Option will be granted on a first come, first serve basis. Once you select this option, you must present to the class on the agreed upon date. 9. Grade Scale Be aware that the plus/minus system implemented by the Board of Regents is in effect. The baseline grading scale will be as follows: A = 93-100% C+ = 77-79.9% A- =