Enterprise Risk Management

Catalog description

This course focuses on the culture capabilities and practices, integrated with strategy setting and performance, that organizations rely on to manage risks in creating, preserving and realizing value. The course focuses on the role of risk identification, risk analysis and evaluation, risk treatment and monitoring, and risk communication as key components of effective risk management. Also, the course discusses several analytic approaches to risk management and mitigation. Using several strategic models, students discuss the importance of tactical and strategic risk management, and employ several of the models in case analysis. Management of strategic, financial, operational, technological, reputational, social, environmental, and legal and regulatory risks will be explored. Students will complete and present a semester-long project in risk management. Guest speakers and case studies from local, national and international business enterprises will be employed in this course.