Risk Management and Insurance

General

Prefix

FIRE

Course Number

375

Course Level

Undergraduate

College/School

Herberger Business School

Description

Management of risk in a business setting; control of property, liability, and personnel risks; risk financing including self insurance, group retention and insurance, decision-making: introduction to the insurance industry.

Credits

Min

3

Max

3

Repeatable

No

Goals and Diversity

MN Goal Course

No

Cultural Diversity

No

Learning Outcomes

Outcome

Define risk and uncertainty, calculate various measures of risk, and apply the risk measures in risk evaluation and analysis.

Outcome

Identify and apply basic risk management process and methods.

Outcome

Describe the structure of the insurance industry, insurance regulation, insurance market, and the key features and coverage of various types of insurance.

Dependencies

Programs

FIRE375 is a completion requirement for: