ECB 355 - Risk Management and Insurance

Credits: 4

This course will emphasize the importance of risk management in minimizing losses and maximizing opportunities. Students will learn how to identify, assess and mitigate various risks through specific insurance mechanisms. There will be discussions on specific insurance business models and their limitations in risk management. The importance of ethics, legal aspects and regulatory regimes of insurance will also be considered.

Prerequisite(s): ECB 211 Statistics in Business and Economics or comparable training as determined by the instructor.