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May 11, 2024
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RMIN 5730 - Risk Management Techniques for the Business Executive3 hours
Designed to acquaint the student with the economic concept of risk; types of risk and techniques for the discovery, evaluation and treatment of pure risk in the business situation. Examination of the nature of insurance and other risk treatment techniques; the role of the risk manager within the firm; industrial accident prevention as related to the risk manager’s role; types of loss and their financial impact on the costs of loss prevention versus its benefits; the risk manager’s relationship with insurers; and current problem areas for risk management today, as time allows.
Prerequisite(s): None.
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