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
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