| Course ID: | RMIN 7010. 3 hours. |
| Course Title: | Fundamentals of Risk Management |
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. |
| Oasis Title: | RISK MGMT FUNDAMENT |
Semester Course
Offered: | Offered spring semester every year. |
| 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 |