This course introduces students to the fundamental principles of risk management and the role of insurance in mitigating risk. This course covers key topics such as risk identification, analysis, and control, as well as the various types of insurance products used to manage personal and business risks. Students will explore the process of evaluating risk exposures, developing risk management strategies, and applying insurance solutions to protect against financial losses. Through case studies and practical applications, students will gain the skills needed to make informed risk management and insurance decisions.
Upon successful completion of this course, students will be able to:
These outcomes aim to equip students with the knowledge and skills necessary for careers in risk management and insurance, preparing them to assess risks and develop strategies that protect individuals and businesses from financial losses.