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Principles of Risk Management

505101 - Principles of Risk Management
Faculty

Faculty of Business

Department

Risk Management

Credit Hours

3

Pre-requisite

-

Co-requisite

-

Distribution

0 + 3
This course provides students with a comprehensive understanding of the basic and primary concepts of Risk Management. This includes: meaning of risk, types of risk, sources and causes of risk, and the risk management process. Ultimately, students are expected to be able to identify, assess, and utilize the most efficient and cost effective techniques to treat, manage and control risk. The course also draws on the ISO31000 of Risk Management.