FN - 503 Risk Management and Insurance

Credits: 3

An introductory survey course covering essential principles, practices, and basic legal aspects of insurance and risk management from the perspective of the individual, the finance manager, and the government. An analysis of the attributes of various alternative types of insurance contracts from a risk management perspective will be a central theme. The alternative of self-insurance will be examined.

Prerequisite: CR 501; CR 506 is recommended