PrintBusiness Administration - Risk Management Course Descriptions
Core Courses
570-825/424 Business Foundations
The course will examine material related to the development of one’s understanding of key factors, and functional areas, typically found in a business. These functional areas include finance, personnel, marketing, operations and general management. The environment in which most Canadian businesses operate will also be examined including, the economic, legislative, technological and social contexts. The integration of the topics and concepts provide a framework that aids the students’ understanding of the relationships between the functional factors of a business, with an emphasis placed the application of this understanding to current situations and case studies. (3 units)
Course Number: 570-825 (In-class) or 570-424 (Instructor-led online)
570-819/419 Introduction to Marketing (3 units)
Marketing impacts every aspect of our lives. Where we shop, what we buy, how we eat, what we drive and even where we live. Marketing 570-819/419 is a survey course that introduces learners to the basic concepts of marketing, viewed within a corporate framework. Topics include the development of new products, identifying market segments and targeting consumer groups, pricing strategies, brand equity, distribution channel and promotional activities. (3 units)
Course Number: 570-819 (In-class) or 570-419 (Instructor-led online)
Business Finance & Accounting
This course is designed to provide an introduction to the concepts, language and uses of financial and management accounting in business. The course will cover: business financial statements, including basic accounting concepts, financial statements, financial statement analysis, and sources of finance; and business control emphasizing elementary financial management, cost and budgetary control systems, capital budgeting, profit planning and current developments in accounting. (3 units)
Course Number: 570-817 (In-class) or 570-440 (Instructor-led online)
Organizational Behaviour
The objective of this course is to provide a conceptual and empirical understanding of the structure and function of human behaviour in organizations. Students will study the behavioural influences which affect productivity, organizational effectiveness and efficiency. Topics to be discussed include perception, job and organizational design, decision-making and leadership. Individual and group exercises and the analysis of case material will be used to enhance a practical understanding of theoretical concepts. (3 units)
Course Number: 570-821 (In-class) or 570-421 (Instructor-led online)
Business Communications
The course focuses on the knowledge and skills associated with clearly receiving, transmitting and communicating information within the business environment. Using communication theory and practical application, students will develop effective writing, speaking, and presentation skills required to convey a business’ communication strategy. Issues such as diversity, ethics and technology will be discussed within the context of business communication. Independent and group work activities will be incorporated to the learning environment in order to apply the students’ communication skills and knowledge to topics of teamwork, customer relations and leadership. (3 units)
Course Number: 570-850 (In-class) or 570-450 (Instructor-led online)
Risk Management Electives
Risk Assessment
This class focuses on the first two steps of the risk management decision making process: (1) identifying and analyzing the loss exposures and (2) developing alternative techniques for treating each exposure. Subjects treated include choosing the best risk management alternative, guidelines for selecting the most appropriate techniques for handling each exposure. (3 units)
Course Number: 570-813 (In-class)
Risk Control
This course explores the selection, implementation and monitoring of risk control techniques which are essential in preventing or minimizing potential losses before they occur. Fault free study, statistical analysis, contractual liability reviews and in-house safety programs are detailed. The course will examine the two dimensions of loss, frequency and severity, with particular attention on losses to property, people, net income and liability. (3 units)
Course Number: 570-814 (In-class)
Risk Finance
This course is an examination of the selection, implementation and monitoring of risk financing techniques, which are ways an organization can obtain funds to pay for any accidental losses that occur. Topics include framework and criteria for risk financing techniques; financing property, net income, liability and personnel losses; accounting and some income tax aspects of accidental losses; implementing risk retention, including use of affiliated assurers; insurance pricing; selection of insurers and their representatives; and risk cost allocation. (3 units)
Course Number: 570-815 (In-class)