| Course ID: | EMBA 7500. 3 hours. |
| Course Title: | Enterprise Risk Management |
Course Description: | Investigation of the impact of the cultural, economic,
regulatory, and organizational environment in which a business
operates on enterprise risk. Emphasis is placed on appreciating
the various sources of risk, and how they interact to form an
overall risk profile for the firm. |
| Oasis Title: | ENTERPRISE RISK MGT |
| Duplicate Credit: | Not open to students with credit in EMBA 8500 |
Semester Course Offered: | Offered summer semester every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | The primary objective of this course is to introduce students to
the emerging and rapidly evolving concept of Enterprise Risk
Management (ERM). Corporations today face a wider array of risks
than ever before, and investors, regulators and other parties
demand that management understand and manage these risks in the
most effective and efficient manner possible. This is the goal
of Enterprise Risk Management. The first part of the course will
focus on the fundamentals of risk, risk management, and ERM,
including an extensive analysis of why corporations bother to
manage risk at all. The second part of the course introduces a
variety of recently developed ERM tools available to management.
Finally, the last part of the course covers the ERM
implementation process, explores some applications of ERM, and
considers the future outlook for ERM. |
| Topical Outline: | 1. Introduction
2. Types of Enterprise Risk
3. Rationale for Risk Management and Introduction to ERM
4. The Risk Management Process
5. Tools for Enterprise Risk Management
6. The ERM Process
7. Implementation Issues
8. Applications of Enterprise Risk Management
9. The Outlook for Enterprise Risk Management |
| Honor Code Reference: | Students are expected to adhere strictly to the University Honor
and Academic Honesty Policy, and to follow generally accepted
standards of honesty in all assignments and examinations. |