Course Description
Introduces the student to the fundamentals of risk management. After dicussion of the importance of risk and the rationale for risk management, the course will analyze the risk management process and various risk management methods. Current issues and recent developments will also be discussed.
Athena Title
RISK MGMT FUNDAMENT
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Course Objectives
Students will learn the fundamental principles of risk management, primarily from the corporate perspective. Students will understand the "cost of risk" and its effects on individuals, firms, and society.
Topical Outline
1) Introduction to Risk Management 2) Risk Management Objectives 3) Risk Identification and Measurement 4) Pooling 5) Pricing 6) Insurance Industry 7) Employee Benefits 8) Life Insurance and Annuities 9) Social Security and Retirement Plans 10) Risk Aversion
Syllabus