Business Administration - Insurance and Risk Management Major
Bow Valley College
Insurance and Risk Management is a two-year Business Administration diploma covering how organizations identify and manage uncertainty. The four-term international tuition display totals $34,418 before mandatory fees and any separate professional examinations.
Plan the tuition ↓
Separate the diploma from the professional examinations
The college says students who complete the applicable Insurance Institute of Canada examinations can receive recognition for up to seven of the ten CIP courses. That recognition does not automatically award the CIP or CRM designation. Check the remaining professional requirements and their charges separately from the college tuition.
Plan the tuition by term
Published 2026-27 estimates are a planning reference. They are not a price guarantee for a later intake.
International tuition
| Study period | Estimated tuition |
|---|---|
| Term 1 | $8,453 |
| Term 2 | $8,535 |
| Term 3 | $8,715 |
| Term 4 | $8,715 |
| Total of displayed terms | $34,418 |
The table uses the college’s whole-dollar term estimates. Mandatory fees are additional. This planner also leaves books, equipment and other personal costs for you to budget separately.
Check the college's fee schedule ↗Make a tuition plan
- Selected tuition
- $8,453
- Application payment
- $150
- Your living estimate
- $0
- Planning subtotal
- $8,603
This subtotal includes only the selected tuition, one application and your entered living estimate. It excludes mandatory fees and other unentered costs. Enter living costs in the same dollars as the college's tuition.
One international career-program application
Confirmation payment credited toward first-term tuition and fees
The credited confirmation payment is part of tuition and fees, so it is not added to tuition a second time.
Read the application payment guide ↗International intake status
These are labels displayed by the college's source when observed, rather than a guarantee of places. Confirm availability on the official program page before applying.
| Intake | International label |
|---|---|
| Winter 2027 | Closed |
| Spring 2027 | Open |
| Fall 2027 | Open |
Business diploma admission routes
The school-subject route includes English and math together. The following GED, placement-test and approved-credit routes are alternatives to those subjects.
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School English and math
Credit in English Language Arts 30-1 or at least 65% in 30-2, or equivalent, plus credit in Math 30-1 or Math 30-2, or equivalent.
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Five-test GED route
Successful completion with at least 520 in Language Arts Reading, Writing and Mathematics.
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College assessment route
Satisfactory results on Bow Valley College's Admission and Placement Test.
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Prior business-study route
Completion of 30 credits from a recognized business program requires departmental approval. English proficiency and assessment of foreign education still apply.
Check English proficiency separately
The general English routes include IELTS Academic with all bands at 6.0, TOEFL 83, Duolingo 110, CLB 8 per strand, PTE Academic 59–64 as displayed, or BVC Academic English 2 at B−. Academic English 1 is excluded. These are college-language requirements rather than professional-examination criteria.
Education alternatives
- Canadian English courseworkSuccessful completion of the Alberta English Language Arts course or equivalent Canadian education satisfying the program's academic English requirement.
- High school in EnglishTranscripts establishing three years of full-time high school taught in English.
- Post-secondary study in EnglishTranscripts establishing successful completion of one year of full-time post-secondary education taught in English.
- Test validity
- Two years from testing
- At program start
- Results must still be valid
- Evidence
- Official results required
Insurance study with two distinct final-term choice groups
The diploma has 60 credits across four 15-credit terms. The first three terms each require five courses. Term four requires FNSR 2102, at least nine credits from its seven three-credit options, and at least three credits from the separate placement or capstone group. The options are choices, rather than a requirement to complete every course listed below.
Term 115 credits
Complete the following courses:
| Code | Course | Credits |
|---|---|---|
| ACCT1103 | Introduction to Financial Accounting | 3 |
| MGMT1101 | Introduction to Management | 3 |
| MGMT1401 | Microeconomics | 3 |
| MKTG1101 | Introduction to Marketing | 3 |
| MGMT1201 | Business Communication | 3 |
Term 215 credits
Complete the following courses:
| Code | Course | Credits |
|---|---|---|
| HRES1101 | Organizational Behaviour | 3 |
| HRES2201 | Introduction to Human Resources | 3 |
| MGMT1102 | Introduction to Organizations and Sustainability | 3 |
| MGMT1601 | Business Law | 3 |
| MGMT2401 | Macroeconomics | 3 |
Term 315 credits
Complete the following courses:
| Code | Course | Credits |
|---|---|---|
| FNSR2101 | Introduction to Insurance and Risk Management | 3 |
| FNSR2103 | Insurance Against Liability | 3 |
| FNSR2104 | Automobile Insurance | 3 |
| MKTG2203 | Selling and the Customer Experience | 3 |
| MGMT2998 | Business Strategy | 3 |
Term 415 credits
Complete the following courses:
| Code | Course | Credits |
|---|---|---|
| FNSR2102 | Insurance on Property | 3 |
Earn at least 9 credits from the following courses:
| Code | Course | Credits |
|---|---|---|
| FNSR2105 | Essentials of Loss Adjusting | 3 |
| FNSR2106 | Underwriting Essentials | 3 |
| FNSR2107 | Essential Skills for Insurance Broker & Agent | 3 |
| FNSR2401 | Risk Management Principles and Practice | 3 |
| FNSR2402 | Risk Assessment and Treatment | 3 |
| FNSR2403 | Risk Financing | 3 |
| HRES2303 | Occupational Health and Safety | 3 |
Earn at least 3 credits from the following courses:
| Code | Course | Credits |
|---|---|---|
| FNSR2999 | Insurance and Risk Field Placement | 3 |
| FNSR2998 | Insurance and Risk Capstone | 3 |
| MGMT2992 | Business Administration Diploma Field Placement | 3 |
Confirm the actual delivery timetable
- Core courses are offered in class and online. Major-specific courses are offered in class, with some online options. Confirm the available courses and timetable rather than assuming an entirely online route.
More program guides
Sources and planning scope
- Official program requirements ↗
- English language requirements ↗
- Tuition and additional fees ↗
- International application payments ↗
Sources checked 29 October 2026. The tuition dataset identifies 2026-27. The intake resource has conflicting freshness metadata, so its observed labels require confirmation before use as current availability. Individual admission, equivalency and immigration decisions remain with the relevant institution or authority.