Risk Control - ISM - International School of Management | Accredited & Accredited MBA, DBA PhD

Risk Control

Because of several factors (such as Globalization, corporate governance, competition, etc) Risk management is becoming a very important discipline. Many corporations and governments are creating a new position called the “Chief Risk Officer” (CRO). This is an acknowledgment of the importance of managing risk in the modern world. This course is an introduction to a strategic approach to managing the operational risks in an organization. Students learn the five steps of the risk management process and immediately apply this knowledge to a real business case.

Upon completion of the course students should be able to:

know the importance and consequences of risk in the business world
understand a logical process for managing risk
understand how to create a risk management program
be able to identify, measure, and evaluate risks
know the theories and techniques of risk control and risk financing
be able to justify their risk management decisions
know how to evaluate the success of their risk management program

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