ADVANCED TOPICS IN RISK MANAGEMENT

RMI 705

Develop insight into the principles of risk management, including institutions engaged in identifying, assessing, preventing, mitigating, and transferring risk. Specific focus is given to how the digitization of data, technology, and analytics are creating a new risk landscape, and how conventional risk management approaches can adapt to meet these emerging business needs.

RMI 710

The purpose of risk management is to minimize the adverse consequences of variability. Topics include the general philosophy of risk management, environmental factors affecting risk, options to manage risk, and decision processes to select among those options.

RMI 799

Individual work suited to the needs of graduate students may be arranged.

RMI 660

Learning to effectively navigate uncertainty is a key issue for all areas of business and especially for those engaged in explicit risk-management activities. The skills for success in these environments include knowing how to formulate the right questions to ask, how to identify the information that is valuable for answering those questions, understanding how to process incoming information to distinguish signal from noise, and how to use that information to put structure to uncertain environments so that one can take good calculated risks. This collective set of skills are at the heart of "decision analysis", which is a structured rational approach to making decisions under uncertainty.

RMI 875

Applied learning in risk management and insurance.