BUS404: Risk Management

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BUS404: Risk Management

The Business Administration major is designed to prepare you for a leadership role in today’s highly competitive, global business environment.  This elective course will allow you to incorporate risk management principles into your individual management style.  Risk management refers to the process of identifying, assessing, and prioritizing risks.  This course will teach you how to accurately assess the consequences of uncertain events; the ultimate goal for risk managers is to reduce and control the likelihood of such occurrences.  Personal attitudes toward risk vary widely (for example, attitudes can range from risk-averse to risk-seeking).  You are advised to approach this course from the perspective of a business manager (i.e., as a decision maker). Unforeseen circumstances can occur in various contexts, including natural disaster, collapses in financial markets, and accidents.  As a business manager, you will need to use risk management tools to minimize and control the probability and impact…

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