ACCT 660 Enterprise Risk Management
Students will acquire the concepts and techniquesavailable to corporations, non-profitorganizations, and other organizations to manageenterprise risks, including risk assumption,prevention, diversification, and transfer viainsurance and non-insurance market mechanisms. Thecosts associated with such risks as productliability, environmental impairments, propertylosses, work-related injuries, and employeebenefits (e.g., pensions, health insurance, etc.)affect the daily management of all organizations.Likewise, a fall in demand for its product, asudden rise in production or financing costs, or atechnological failure or destruction ofinformation, can impair the value of theenterprise. Managers who make decisions withoutappropriate consideration of risk managementissues can jeopardize the long-term survival oftheir organizations.
Prerequisite
ACCT-522 and FIN-534