FIN 4950 - Enterprise Risk and Insurance Management (3)

When Offered: Fall; Spring
This course examines how corporations approach the problem of dealing with risks in today’s complex marketplace. Emphasis is given to the economic impact of risk on the firm, concentrating on minimizing the cost of risk regardless of the source. Consideration is given to the various sources of risk classifications including hazard risk, operational risk, strategic risk, and financial risk. Alternative methods of dealing with, managing, and financing risk are considered. Methods include loss prevention, risk retention, insurance purchasing, and risk financing techniques available through the capital markets. We also discuss today’s global marketplace and the risks faced by multinational firms.
Prerequisites: 84 earned hours, a minimum grade of “C” (2.0) in any Writing in the Discipline (WID) course, and FIN 3100 . Prerequisite or Co-requisite: FIN 3150 and FIN 3990.