Offering aspiring students and professionals an opportunity to shape their careers and futures

Resources

Sub Navigation

BUS 471 Corporate Risk Management

Students will analyze risks in management fields to develop possible risk treatment and ways of risk avoidance. Creation of a risk management plan will be the focus of this course accompanied by an implementation and evaluation process. Students will also apply cardinal rules of risk communication in a practice field.

Learning Outcomes:

  • Describe the nature of risk management and its importance for both individuals and businesses.
  • Explain how corporate risk management can help coordinate corporate financing and investment decisions.
  • Specify key pure and financial risks facing businesses.
  • Evaluate risks in terms of frequency and severity using various statistical and financial tools.
  • Map out various risks and deal with different risks using appropriate risk management techniques (e.g., risk avoidance, loss control, planned risk retention, risk transfer via insurance and non-insurance contracts, hedging financial risks and other contingent financing).
  • Understand the organization of risk management and comprehend why an integrated/holistic rather a stand-alone approach to risk management is important for today's businesses.