Operational Risk Management | IEMBA Seminars - ISM - International School of Management | Accredited & Accredited MBA, DBA PhD

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Accreditation Council for Business Schools and Programs (ACBSP) is the leading US accreditation body for business schools and programs whose aim is teaching excellence. Founded in 1988 near Kansas City, Missouri, ACBSP emphasizes sound and engaged pedagogy in institutions of higher education, encouraging a healthy balance between research and classroom. ACBSP is one of only two business school accreditation organizations to impact the distribution of US federal student loans, and thus plays a vital role in the business education landscape.

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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.