BUAD 361 - Fundamentals of Risk Management

3 Credits
3 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) FIN 343 completed with a grade of “C” or higher
Offered (FALL/SPRING)