|
Operational Risk Management |
 |
 |
This course provides the foundations for students who will specialize in Risk Management and Insurance or for students who will be general managers. Business students need an understanding of the framework of risk and the tools for treating risk. The course challenges students to develop and apply critical thinking and decision making skills to risky business situations. The course has four major objectives:
- Provide students with a risk management process to help the organization achieve their risk related goals. A key element of the course is to study in detail the steps used to efficiently manage pure risks;
- Provide students with the skills to make difficult managerial decisions. Understanding the process of making decisions and the impact of these decisions helps the student learn to make good decisions;
- Enhance the students ability to think critically and analytically in solving risky problems;
- Acquaint students with the myriad of tools available to them to treat risks. Students may suspect insurance is the only tool available to them. This course introduces the alternative risk solutions.
|
