Requirements for the Certificate in Risk Management and Insurance
(9 credits)
| Code | Title | Credits |
|---|---|---|
| Required Courses: | ||
| MSD 260 | Principles of Risk Management 1 | 3 |
| MSD 361 | Risk Assessment and Analysis 2 | 3 |
| MSD 491 | Mgt Sciences Internship | 3 |
| Total Credits | 9 | |
Courses and Descriptions
MSD 260 Principles of Risk Management 3 Credits
The objective of this course is to provide students with a broad framework for evaluating all types of risk, along with conceptual tools for making risk management decisions rationally. The course focuses on studying the risk assessment and management techniques, methods, and predictive models used in industry to minimize, control, and communicate risks, including conducting various risk management protocols. This course covers the fundamental knowledge for the Associate in Risk Management (ARM) Designation of Institutes.
Prerequisite(s): CIS 185.
MSD 361 Risk Assessment and Analysis 3 Credits
This course teaches students how to evaluate, and successfully treat risk in different organizations with advanced techniques. Students will learn about risk assessment methodologies, and different tools for risk analysis to avoid, retain, transfer, and benefit from risk. By the end of the course, students will have the skills needed to apply risk assessment and analysis methods in real-world situations. This course provides additional knowledge and hands-on experience for the Associate in Risk Management (ARM) Designation of Institutes.
Prerequisite(s): MSD 260.
MSD 491 Management Sciences Internship 3 Credits
This Internship course will provide students with supervised employment (approximately two months) with participating companies. Students are given a variety of work experiences. They are required to complete a term paper for the faculty and receive feedback from the supervised employment.
Prerequisite(s): Permission of instructor.