Enterprise Risk Management and Insurance

This course provides students with a broad framework for evaluating all types of risk, along with conceptual tools for making risk management decisions rationally and consistently. It focuses on an in-depth analysis of the processing, investing, and evaluation of risk management. Insurance is the primary mechanism by which risk is managed within society. The course focuses on the economics and science of risk and risk assessment and decision-making under uncertainty, and the methods for managing risk. It covers the basic concepts in risk management and insurance, legal principles in risk and insurance, personal property and liability risks, commercial property and liability risks, and life and health risks.

Fall, Spring

035049