Enterprise Risk: Assessment & Mitigation

Catalog description

This course introduces students to the importance of recognizing business risks and the skills needed to manage them. It covers the high-level game plan to identify and mitigate risks as well as the policies and guidelines, the roles and responsibilities, ownership and accountability, monitoring, reporting and resolution of technological risks. The focus of the course is on managing technology risk and establishment of controls within the context of the COSO Internal Control Integrated and the COSO Enterprise Risk Management frameworks. Throughout the course, students conduct a risk assessment and understand the different types of risks that challenge businesses. They also learn how organizations balance risks and rewards, what types of controls they use to mitigate these risks, and how they keep abreast of current best practices in enterprise.