BBA 4226: Risk Management

Description

A study of problem solving from managerial, consumer, and societal perspectives. Emphasizes the business managerial aspects of risk management and insurance, as well as the numerous consumer applications of the concept of risk management and insurance transaction.

Objectives

1. Examine the elements of the risk management process.
2. Analyze the parameters used to categorize risks.
3. Recommend established risk management methods, tools, and techniques in the analysis and reporting of risk events.
4. Differentiate between risk management principles and catastrophe theory.
5. Outline a risk management strategy, including a risk mitigation plan.
6. Assemble an organizational policy for planning and performing the risk management processes.
7. Identify the foundational vocabulary used in contract law, listing four essential elements of a valid contract.
8. Explain how an insurance system operates.

PreRequisites

None

Textbook(s)

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact the AU Bookstore at [email protected]