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Students will learn to recognize and evaluate risks, along with different approaches to risk management such as mitigation, insurance, diversification, and hedging. They will explore factors that complicate risk transfer, including outcome correlations, moral hazards, adverse selection, and transaction expenses. Students will study and implement pricing models for insurance offerings. Additionally, they will examine the institutional framework of insurance sales, covering regulatory aspects, organizational structures, and distribution methods.
International freshman applicants must be high school graduates (students that have the equivalent of a diploma in the United States).
English proficiency is measured through the Test of English as a Foreign Language (TOEFL). A score of at least 550 on the paper based exam or 77 on the internet based TOEFL is required. USC also accepts the International English Language Testing System (IELTS) or the PTE Academic Test. Students must score at least a 6.5 on the IELTS, or at least a 53 on the PTE.