OSRM B26

Risk Management

An introduction to the decision-making framework of risk management. Students are guided through an understanding of what risk is and how it affects their lives in different stages from early childhood through adulthood. The course includes discussion of how insurance serves as a social good to aid individuals and the public in recovery after loss spreading and financing risk throughout society. Practical and personalized examples and cases will be used to illustrate decision making, emphasizing the broader relationship between the individual and society. Students will understand how risk management reduces uncertainty and provides peace-of-mind, and social well-being. This course is focused on providing the analytical framework and principles for students to apply the information to manage their risk as individuals, heads of households, property owners, potential business owners, and members of society.

Units: 3.0

Hours: 54.0