2017-2018 Academic Catalog 
    Jul 22, 2024  
2017-2018 Academic Catalog [Archived Catalog]

ACSC 610 - Enterprise Risk Management

Credits: Three (3)
Prerequisite: Permission of Program Director
The course defines and categorizes different types of risks an entity faces, and defines an ERM framework. Ways to measure and quantify the risk, such as (principle based) Economic Capital, Value at Risk (VaR), and stress scenarios are analyzed and compared. The course concludes with applications of these methods in a case study of an insurance company and recent regulatory developments such as ORSA (Own risk solvency assessment).  A presentation of one project is required for the course.

Note: This course is for graduate students only
Cross-listed: MATH 610