Promote, Encourage, and Support
GIS Beta Mu is an organization designed to promote, encourage, and sustain student interest in insurance, risk management, and actuarial science as professions; to encourage the high moral and scholastic attainments of its members; and to facilitate interaction of educational institutions and industry through networking and by fostering research activities, scholarship, and improved public relations.
Officially accepted Spring 2014, CU Denver’s Beta Mu Chapter of Gamma Iota Sigma is a perfect complement to the growing RMI program just blocks away from Denver’s Central Business District. We are a growing organization that has strong ties to local industry, and the first chapter of GIS in the Rocky Mountain region.
A Unique Program
The Risk Management and Insurance (RMI) Program at the University of Colorado Denver Business School educates students on minimizing and preventing loss as well as on managing risk across a variety of industries. The RMI Program offers BA, MS and MBA degrees, as well as an undergraduate Certificate in Risk Management and Insurance. This program is also unique in its ability to connect students to the industry, locally and nationally. In addition to companies, many risk management and insurance industry professional organizations support the Risk Management and Insurance Program at the CU Denver. They provide support in a variety of ways, including allowing our students to become members, attend monthly meetings, attend local and national conferences, providing academic and conference scholarships and mentoring. They provide great educational and networking opportunities!
A Need for New Talent
Presence of Risk
Risk exists in nearly every economic sector, industry and job function. Risk management makes business happen. It’s about people and their livelihoods. It’s about providing security, adding value and moving ahead. Without the underlying structure of insurance, the market wouldn’t survive.
There are more jobs in risk management than qualified people to fill them. Insurance employees in the U.S. are retiring at the rate of about 3,500 annually, while there are just 1,000 annual graduates with risk management degrees from U.S. universities.
At the same time, there is an increasing demand for specialists who understand finance and have the critical-thinking skills to make successful decisions about transferring risk. The Mountain West population has increased by 21 percent in the last decade with a parallel increase in the need for risk management professionals. The need for RMI graduates—particularly those coming from backgrounds currently underrepresented in the field—is greater than ever. Our industry supporters have helped us maintain our 100% job placement rate of RMI graduates!