COURSE TITLE: RISK CATEGORIZATION & IDENTIFICATION
COURSE CODE: MTRM6010
Traditional risk management approaches are typically done on a silo basis. What has generally been lacking is the ability for companies to assess their key risks on an integrated basis and in a quantitative manner. Enterprise risk management is a significant advancement in the field of risk management and provides a process for companies to identify, measure, manage and disclose all key risks. In this course the student will learn keys to successful risk identification and develop risk categorization and definition tools. The student will understand the types of risks faced by an entity and be able to identify and analyze those risks in an integrated manner as a portfolio.
The course seeks to provide a thorough grounding in the identification and assessment of a wide range of risks that an entity might be exposed to in order to facilitate accurate and timely decision making in terms of the actions necessary to counter (or exploit) the risks.