ECON 275 - Risk Management Economics

Credits: 3

Description
Introduces basic principles and process for risk management in companies and organizations. Topics include enterprise risk management, risk oversight, strategic management, risk appetite, and risk tolerance. Recommended: Basic MS Excel Skills.

Student Learning Outcomes

Characterize risk and describe why risk management is important.
Cite enterprise risk managment (ERM) principles and standards.
Describe the basic elements of an ERM framework.
Analyze a risk management maturity model.
Describe obstacles to effective risk managment.
Recognize and articulate fundamental risk management process elements common to risk assessment methods.
Apply the concepts of risk appetite and risk tolerance.
Identify measures towards improving a risk management system.

Prerequisite: None
Corequisite: None

Graded: Letter Grade