PRINCIPLES OF RISK MANAGEMENT

Prerequisites & course information

Requisites: ( ECON 101 or 111 ) or declared in undergraduate Business Exchange program. Not open to graduate/professional students Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Recognize the general types and characteristics of situations involving risk, how to identify them, and why they are important Audience: Undergraduate 2. Possess the skills and knowledge to measure and assess risk Audience: Undergraduate 3. Know the basics of how risk management tools work and their benefits/costs in any given situation Audience: Undergraduate 4. Apply the risk management process in a simple situation involving risk Audience: Undergraduate 5. Explain the value that sound risk management provides individuals, organizations, and society Audience: Undergraduate Learning Outcomes: 1. Recognize the general types and characteristics of situations involving risk, how to identify them, and why they are important Audience: Undergraduate 2. Possess the skills and knowledge to measure and assess risk Audience: Undergraduate 3. Know the basics of how risk management tools work and their benefits/costs in any given situation Audience: Undergraduate 4. Apply the risk management process in a simple situation involving risk Audience: Undergraduate 5. Explain the value that sound risk management provides individuals, organizations, and society Audience: Undergraduate