Enterprise Risk Management - ACS 632

Identify risk categories (financial, operational, insurance, strategic, and systematic); accounting concepts used in insurance companies, financial, and non-financial institutions; risk exposure quantification through the use of risk metrics in integrated risk management; 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.