BUAD 361 - Fundamentals of Risk Management

3 Credits
Three hours per week.

This is an introductory survey course that defines and analyzes the nature of risks encountered in modern industrial society and of methods and institutions devised to cope with them; a review of the evolution of the concept of insurance in the context of changing needs in economic security. Theories, insurance mathematics, and practices of both private risk management programs and public insurance systems are covered.

Prerequisite(s) Successful completion of FIN 343 (with minimum grade of “C”).
Offered (FALL, SPRING)