Fall 2026

Principles of Risk Management

Principles of Risk Management covers the nature of risk, insurance markets, and decision-making techniques for effective risk management.

offering recorded3 credits
Recorded instructors · Fall 2026 Carl Barlett4.6/5Ana Alustiza ValdezIris Park

Summary

1 / 7

Grading relies on three open-note exams based entirely on lectures, with no textbook provided. Success requires active participation and attending every lecture to capture test material.

Grade history

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average GPA
letter grades
A
AB
B
BC
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F

All recorded terms · compare terms & instructors

Prerequisites

Course map

(ECON 101 or 111) or declared in undergraduate Business Exchange program. Not open to graduate/professional students

    • take one
    • declared in undergraduate Business Exchange program
    • Not open to graduate/professional students
    take one
RMI 300 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree
  • Any of
    • Any of
    • declared in undergraduate Business Exchange program
    • Not open to graduate/professional students

Professors

Fall 2026

Carl Barlett

/5Adjusted rating
/5RMP difficulty
captured reviews
About this rating

Raw average: 4.80/5 from 85 quality ratings. The adjusted rating blends this with the UW review average (3.66/5), weighted as 20 additional ratings. Smaller samples stay closer to that average. Each captured review is counted once in the prior; this does not correct who chooses to leave a review.

For this course: 4.8/5 raw quality · 3.0/5 difficulty · 47 reviews

RMP profile ↗ · All captured review dates; profile matched by name.

Carl Barlett is praised for his high energy, enthusiasm, and deep subject knowledge, with students finding his lectures engaging and caring. He knows students by name and explains concepts clearly. However, some note he can be unapproachable in office hours, and exams are tricky due to a lack of textbook resources, requiring active participation.

Recent recorded grades — Spring 2025: 3.25 GPA, 47.0% A/AB (n=183 letter grades); Fall 2025: 3.27 GPA, 47.3% A/AB (n=201 letter grades); Spring 2026: 3.22 GPA, 43.8% A/AB (n=178 letter grades). Includes jointly taught sections.

No course-specific feedback yet.

Historical instructors & teaching patterns

Historical reviews of Ronald Smith: Ronald Smith is described as a clear and helpful lecturer who teaches well, though some reviews note his lectures can be extremely boring. While exams are considered fair and doable, students report that he is often unclear about test content, requiring reliance on discussion sections for preparation.

CARL BARLETT is recorded teaching in Spring 2019, Spring 2020, Fall 2021, Spring 2022, Spring 2023, Fall 2023, Spring 2024, Fall 2024, Spring 2025, Fall 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

JOAN SCHMIT is recorded teaching in Spring 2007, Fall 2013, Spring 2014, Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Fall 2019, Fall 2020, Fall 2022. Recorded history may be incomplete and does not establish a future schedule.

MARTIN HALEK is recorded teaching in Spring 2008, Fall 2008, Spring 2009, Fall 2009, Spring 2010, Spring 2011, Fall 2011, Spring 2012. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Fall 2026

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
DIS 306Classroom Instruction19 / 460
DIS 305Classroom Instruction30 / 460
DIS 303Classroom Instruction43 / 460
DIS 302Classroom Instruction28 / 300
DIS 301Classroom Instruction46 / 460
LEC 001Classroom Instruction183 / 2600
DIS 304Classroom Instruction17 / 460

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Carl Barlett is described as an enthusiastic and knowledgeable lecturer who engages students effectively. Reviewers note he is caring and supportive, with some recommending the course highly.

Recent recorded grades — Spring 2025: 3.25 GPA, 47.0% A/AB (n=183 letter grades); Fall 2025: 3.27 GPA, 47.3% A/AB (n=201 letter grades); Spring 2026: 3.22 GPA, 43.8% A/AB (n=178 letter grades).

difficulty & workload

Grading relies on three open-note exams based entirely on lectures, with no textbook provided. Success requires active participation and attending every lecture to capture test material.

While lectures are engaging, some students find exams tricky due to wording and a lack of straightforward resources. One reviewer noted that office hours can feel unapproachable.

Topics

  • Risk nature, insurance markets, and risk management decision-making.

Skills

  • Applying risk management techniques and decision-making frameworks.

Grades

Historical instructor

Fall 2026 · Projected

Before grades are released

– average GPA

Approximate 80% prediction interval

About this estimate

The course’s semester-average GPA, not an individual student’s grade. The center uses 5 same-season terms, weighted toward recent results.

The range uses the finite-sample 80th-percentile rank of absolute errors from earlier same-season forecasts. Each forecast uses only records from earlier terms. At least four forecasts are required; bounds are rounded outward and limited to 0–4. This is an empirical estimate: changing instructors or grading policies can reduce its coverage.

8 earlier forecasts · 0.06 GPA average error.

Grades over time

Through Fall 2026

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1283 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

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Selected offering source records
RMI 300 · Fall 2026

Principles of Risk Management

Recorded 2026-09-07
Raw records
[
  {
    "run_id": "20260907T155543-ce3781c4",
    "semester": "1272",
    "observed_at": "2026-09-07 15:55:43.033547+00:00",
    "offering_id": "1272:241:003660",
    "course_id": "RMI 300",
    "course_uid": "course_0c8e3181eb78a64cfd6d4cdf",
    "term_id": "1272",
    "source_course_id": "003660",
    "source_subject_id": "241",
    "title": "Principles of Risk Management",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Fall, Spring"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
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Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-09-07

Download the original dataset
Model outputs & technical records
nvidia/Qwen3.6-35B-A3B-NVFP4
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance
{
  "model": "nvidia/Qwen3.6-35B-A3B-NVFP4",
  "model_revision": "1355db6a052410cfd62085d94b58866fd0f2c3c5",
  "task_version": "14",
  "output_id": "40a6e8b8d8f94ed9b5d8299871cb37b478b4f24daf2fc31e3e222ff29ac47c25",
  "requirements_status": "valid",
  "dataset_revision": "e243353dcb7d79b7247ced91d69443ef4c2a6349",
  "observed_at": "2026-09-07 15:55:43.033547+00:00"
}