Contact Information

General Contact

Admissions Office

Financial Aid Office

ACCEPTANCE RATE

67.64%

FINANCIAL AID RATE

100%

STUDENT TEACHER RATIO

10:1

DEGREE OFFERED ONLINE

2

FINANCIAL AID AWARD AVG.

$21,286

Average Grants + Scholarship Aid Awarded to Undergraduate Students

Percent of Full-Time Undergraduates Receiving Financial Aid

Percent of Students Paying In-State Tuition vs Out-of-State Tuition

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Risk Management and Insurance Training

The risk management and insurance program at Drake University prepares students for careers as an insurance manager, agent, underwriter, financial advisor, risk manager, and more. The program focuses on mathematical and statistical analysis of rick and their applications to insurance and other business management problems. Program courses include: forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods. Get more details below including other Iowa colleges that offer risk management and insurance training.

Learn more by requesting information now!

Drake University (Drake)

700 7th St SE, Sioux Center, IA

Drake University is a nonprofit private college that has many degree programs available for students to choose from. The school is located in Des Moines, Iowa, in a predominantly urban area. Approximately 5,600 students are enrolled yearly at Drake.

A list of some of the more popular programs offered are:

  • Legal Professions And Studies
  • Public Administration And Social Services
  • Health And Clinical Professions
  • Business And Marketing Studies
  • Education

The admissions process starts with the submission of an application, transcripts, records, and test scores, which are then evaluated by the admissions staff. Either the SAT or ACT exam must be taken in order to be able to apply to Drake. Scores within the range of 25 - 29 on the ACT or 1110 - 1330 on the SAT are needed to increase your chances for admission. 63% of those who apply are accepted to Drake University, of which 21 percent choose to enroll. More information on admissions can be found here.

Tuition is approximately $31,000 for the year, though it may change based on different types of circumstances. Students may visit the school's tuition calculator to get a more personalized estimate of costs. Student housing is available on-campus for students. The annual cost of housing is estimated to be $4,900. Some students at this school may be eligible for financial aid, which is typically offered as scholarships, grants, and loans.

The Drake "Bulldogs" compete in a number of intercollegiate sports through participation in the NCAA. Available athletic programs offered:

  • Basketball (NCAA Division I-AA)
  • Track & Field (NCAA Division I-AA)
  • Football (NCAA Division I-AA)
  • Golf (NCAA Division I-AA)
  • Rowing (NCAA Division I-AA)

Contact information, tuition information, areas of study offered, and more can be viewed on school's website at http://www.drake.edu.

Students Enrolled in the Risk Management and Insurance Program

Get more details below regarding enrollment, academics, and school demographics. Drake offers a bachelor's degree program in risk management and insurance.

Students by Gender (2019)

 Graduates
Male34
Female29

Students by Race (2019)

 Graduates
Asian2
Black1
White34
Multiple Races1
Non Resident Alien23
Unknown2

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Upon completion of the Risk Management and Insurance program at Drake, most students have pursued careers in the following fields:

Insurance Underwriters

Description

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Actuaries

Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Career Outlook & Projections ()

According to the BLS, actuaries employment is expected to grow at a rate of 18.1% from 2014 to 2024

Business Teachers, Postsecondary

Description

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).

Admission Requirements & Details

The admission details below may give you an idea of the candidates Drake accepts. The details may include application requirements and recommendations, as well as any college credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • AP Course Credits
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Academics & Student Services

Student Services

To help students and recent graduates, Drake University may offer student services including:

  • Online course work available
  • Weekend and night classes available
  • Career path counseling
  • Employing students to lower education costs
  • Assistance to find work

Intercollegiate Athletics

Drake is a Member of National Collegiate Athletic Association (NCAA), with many of the sports being in the NCAA Division I-FCS classification. The most popular sports played are listed below:

  • Basketball (Missouri Valley Conference)
  • Track and Field (Missouri Valley Conference)
  • Football (Pioneer Football League)
  • Golf
  • Rowing
  • Soccer
  • Softball
  • Tennis
  • Volleyball