INST 4300 - Enterprise Risk Management

Prerequisite(s): None.
This course introduces the basic principles and concepts of Enterprise Risk Management (ERM), and how it is used across all company departments to manage risk. Students will gain an understanding of how ERM integrates into an organization’s governance structure and processes, and explore the drivers for and value of an ERM Program. Examines ERM program dimensions, standard components, and the concepts of risk tolerance and escalation. Credit(s): 3