Overview
Description
Provides an overview of risk management and insurance operations, emphasizing the holistic approach to identifying operational risks. Topics include Risk Identification, Risk Analysis, Risk Modeling, Big Data, Analyzing Hazard Risks, Cyber Risk, Operational Risk, Social Media and Reputation Risks, Financial Risks, and Supply Chain Risks.
Requirements
Prerequisites
FIN 321FIN 322FIN 420
Original catalog text
Prerequisites
Prerequisite(s): FIN 321, FIN 322, or FIN 420
Units
Lecture3
Catalog Details
Offering
Offered: Every Fall and Spring
Terms
fall, spring
Attributes
Standard
Learning Outcomes
- evaluate the holistic approach to identifying risks faced by organizations.
- apply the risk analysis processes and techniques to assess and mitigate risks.
- apply probability analysis to estimate the likelihood and consequences of an event.
- assess the organizational risks posed by work-related injury and illness, retirement and resignation, and work-related violence.
- categorize an organization’s cyber risk loss exposure as property, net income, or liability.
- categorize an organization’s operational risk.