ACS 632Enterprise Risk Management

This course aims to identify risk categories (financial, operational, insurance, strategic and systematic) and covers accounting concepts used in insurance companies, financial and non-financial institutions, risk exposure quantification through the use of risk metrics in integrated risk management. It also includes the theory and practice of extreme value theory in modeling risk, risk management through selection of appropriate risk retention level, weighing the cost and benefit of risk transfer and developing appropriate choice of hedging strategy, and enterprise risk management framework and ERM process.