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Associate in Science Degree Program

Insurance and Financial Services

The new Insurance and Financial Services (IFS) degree was developed in conjunction with more than 27 financial institutions in Connecticut. This degree provides you with the opportunity to prepare for a rewarding career in the insurance and financial services industry. Courses will introduce you to insurance, banking and investments and teach you the fundamentals of management. As a graduate of the IFS program, you can easily transfer to CCSU and UCONN-Regional Campuses and you will be equipped for a variety of entry level jobs in the growing fields of insurance and financial services.

Learning Outcomes

Upon successful completion of all program requirements, graduates will be able to:

  1. Understand the goals and objectives of insurance and financial services management.
  2. Possess a firm understanding of the critical impact of the finance and risk management functions on all aspects of the performance of the organization.
  3. Demonstrate mastery of market dynamics of the securities business and how macroeconomics affects those markets and the valuation process.
  4. Have a strong understanding of banking and fiscal systems and the regulatory environment which affects and is affected by monetary or world events.
  5. Understand fundamental and necessary financial concepts such as value of money, cost of capital, and risk as they relate to long term investment evaluation or risk management.
  6. Be equipped to apply basic analytical techniques for financial problem solving and decision-making.
  7. Appreciate (a) the purpose of ratio analysis of financial data in assessing business performance, (b) the importance and techniques of financial forecasting, and (c) the effects of management’s use of leverage on the firm’s results.
  8. Learn the function of working capital policy and how it is formulated for efficient allocation of business resources in the short term.
  9. Study (a) the attributes of the major, long term investment financing vehicles such as equities, debt, and lease financing and the processes used to access them in the capital markets, and (b) dividend policy and shareholder value maximization considerations.
  10. Evaluate strategies for external growth through mergers and the ever-increasing importance of worldwide forces that impact the financial manager and decision-making.
  11. Demonstrate a basic understanding of life, health, property, and casualty insurance in business and personal financial planning.
  12. Use technology to access, use and present credible information from various sources such as financial statements, annual reports, publications and Internet sites.
  13. Use critical thinking and quantitative skills to diagnose and solve business problems.
  14. Identify legal, ethical and financial consequences of decisions to an organization.
  15. Organize ideas and communicate using proper business writing techniques as well as verbal presentation skills, in a manner that can be easily understood in the business environment.
  16. Understand and value the differences in people in order to interact with culturally diverse individuals in a team setting domestically and globally.
Course of Study¹
First Semester
Principles of Management
Principles of Accounting I
Principles of MacroEconomics
Intermediate Algebra
Second Semester
Principles of Accounting II
Composition and Literature
Statistics with Technology
Advanced Applications¹
Managerial Finance²
Third Semester
Money and Banking³
Principles of Insurance†
Principles of Marketing
Business Law I
Principles of Investments‡
Fourth Semester
Business Communication
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Free Elective OR BBG* 294 Internship
OR Social/Behavioral Science Elective°

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Arts Elective
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Humanities Elective
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Science Elective

Click on the Course# for course description,
pre-requisites and additional information.

¹ Pre- REQ: CSA 105 or satisfied proficiency exam
² Pre-REQ: ACC 111, MAT 137, ECN 101
³ Pre-REQ : ECN 101
† Pre-REQ: BFN 107 and ENG 101
‡ Pre-REQ: BFN 107 and ENG 101
° 6 Students interested in transferring could be advised to enroll in Microeconomics




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