Career Resource Center - Student
KS Students Achieving Excellence
Post Graduate Information Form
The American Institute for CPCU and Insurance Institute of America surveyed designation holders about the value of such a designation and found that:
The Katie School encourages students seeking a career in insurance to pass as many courses as possible leading toward industry designations and certifications. Related designations are:
AIC - Associate in Claims
ARM - Associate in Risk Management
ARe - Associate in Reinsurance
CPCU - Chartered Property and Casualty Underwriter
INS - Program in General Insurance
ChFC - Chartered Financial Consultant
Contrary to appearances, these designation programs are not limited to people seeking a job in underwriting. The courses apply to all functions of the insurance and finance industries. Although it is unlikely that a student would be able to attain a full designation before graduating, it is possible to successfully complete one or more of the required courses.
Click for more details about professional designations.
Find out about the Independent Study for Insurance.
The Chartered Property Casualty Underwriter (CPCU) designation program consists of four foundation courses, one elective course (not shown) and three courses in either the personal lines or the commercial lines concentration:
Foundation Courses:
CPCU500 – Foundations of Risk Management and Insurance
CPCU520 – Insurance Operations
CPCU530 – Business Law for Insurance Professionals
CPCU540 – Finance and Accounting for Insurance Professionals
Commercial Lines Concentration:
CPCU551 – Commercial Property Risk Management Insurance
CPCU552 – Commercial Liability Risk Management and Insurance
CPCU553 – Survey of Personal Risk Management, Insurance, and Financial Planning
Personal Lines Concentration:
CPCU555 – Personal Risk Management and Property-Casualty Insurance
CPCU556 – Personal Financial Planning
CPCU557 – Survey of Commercial Risk Management and Insurance
Much of the insurance coursework offered through the Katie School corresponds with the material included in some of the CPCU exams on either of these paths. The following courses and CPCU exams have similar material:
CPCU 551 – Commercial Property Risk Management and Insurance |
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| Corresponding Coursework: | FIL 350 - Property Insurance |
| Corresponding Material: |
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CPCU 552 - Commercial Liability Risk Management and Insurance |
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| Corresponding Coursework: | FIL 352 - Liability Insurance |
| Corresponding Material: |
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CPCU 520 - Insurance Operations, Regulations, and Statutory Accounting |
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| Corresponding Coursework: | FIL 355 - Insurance Company Operations |
| Corresponding Material: |
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*Two-thirds of the CPCU 520 material is covered in FIL 355. |
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Click for other CPCU course material.
Pursuing a CPCU designation has many benefits. For instance, two Katie School students in pursuit of their CPCU designations, Stacey Hinterlong and Susan Lipps, were sent to the 2009 CPCU Society Annual Meeting and Seminars in Denver, CO on scholarships sponsored by the Central Illinois Chapter. Stacey shared her experience in the November edition of the CPCU Society magazine Personally Speaking. Advice that she gained from a number of industry professionals was to pursue the designation as early as possible.
The Katie School supports students pursuing professional designations by providing students with:
Please note that all awards are paid to the ISU Financial Aid Office and credited to the student’s account. To be eligible for the CPCU award a student must successfully complete the CPCU course and apply for the award either while enrolled as a student at Illinois State University, or within six months of graduation.
In view of the new minor in Financial Planning offered by the Finance, Insurance, and Law Department and the Katie School of Insurance and Financial Services industry partner’s desire for students to have enhanced financial acumen, and professional designations, the Katie School is encouraging participation in the Chartered Financial Consultant curriculum.
The Chartered Financial Consultant (ChFC) designation program has 9 courses: 7 required and 2 elective (not shown).
Required:
HS300 – Financial Planning: Process and Environment
HS311 – Fundamentals of Insurance Planning
HS321 – Income Taxation
HS326 – Planning for Retirement Needs
HS328 – Investments
HS330 – Fundamentals of Estate Planning
HS332 – Financial Planning Applications
For more information about the ChFC designation, curriculum, and materials visit the ChFC Advanced Financial Planning Programs of Study page.
Click for more information about the Katie Sponsorship Policy for ChFC Program and fees.
For more information regarding the ChFC independent study please see the information sheet or contact Dr. Edgar Norton or Jim Jones.
Started in January 2010, students can earn 3 credit hours for an independent study in insurance (CPCU/IIA) or finance (only ChFC) by following these steps:
The sponsorship list includes, but is not limited to:
Yu-Luen Ma: CPCU 500
Yayuan Ren: CPCU 500
Kevin Ahlgrim: CPCU 540
Dr. Nat Pope: all other Institute course offerings
Dr. Edgar Norton: ChFC