BUSI 3670U – Risk Management Frameworks and Processes

In any organization or process, whether in business, education, health services, applied sciences or engineering, risk is unavoidable—that is, something undesirable and unexpected could occur. Whoever is in charge would be irresponsible to not make every effort to identify and realistically plan for the risks that are faced. This course provides a general framework for managing risks, in whatever field, and introduces time-tested procedures for assessing the risks (i.e., Risk Analysis). Also addressed is the important area of Risk Communication to colleagues, clients, and when appropriate, the general public. Lecture materials are supplemented by cases, and students are encouraged to bring cases from their own work and academic backgrounds.
Credit hours: 3
Lecture hours: 3
Prerequisite(s): Third-year standing