BUSINESS F731 / Insurance and Risk Management

3 unit(s)

Prerequisite(s): BUSINESS F600 OR BUSINESS F650 OR enrollment in the Blended Learning Part-time MBA Program.

This course looks at risk exposures and how these risks are addressed. Risk management is a life-long process that involves five steps: identification, evaluation, control, financing and monitoring. Risks can be managed with control techniques or can be financed using insurance. The course covers different types of insurance, including life, health and disability, home, property and automobile insurance, and includes methods of calculating insurance needs.