| Course ID: | RMIN 7100. 1.5-3 hours. |
| Course Title: | Fundamentals of Risk Management |
Course
Description: | Fundamentals of Risk Management and Insurance, with emphasis on risk financing through the use of insurance, retention, and non-insurance transfer agreements. |
| Oasis Title: | FNDMTL OF RISK MGMT |
| Duplicate Credit: | Not open to students with credit in RMIN 8100 |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | As the title implies, the course is designed to introduce the student to the
fundamentals of risk management. After discussion of the importance of risk and the
rationale for risk management in organizations, the remainder of the course will
analyze the risk management process and various risk management methods. Throughout
the course, the concept of enterprise risk management will be stressed. |
| Topical Outline: | Introduction and Overview
Introduction to Risk and Risk Management
Rationale for Risk Management
Risk Assessment
Risk identification
Risk Analysis for Physical Asset Exposures
Risk Analysis for Legal Liability Exposures
Risk Analysis for Work-Related Injuries
Risk measurement
Risk Management Methods
Risk Control
Risk Financing
Insurance
The Insurance Industry
Insurance Pricing
Insurance Regulation
Insurance Contacts
Property-Liability Contract Analysis
Property-Liability Insurance Coverages |