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Operational Risk Management

Course #: MSIS 631

Description:
This course discusses the role of ''operational risk management'' in different aspect of business. The course starts with a session of definitions and preliminary discussions to show the big picture of the risk management discipline. The course then shows how different risks that an organization faces can be categorized according to their natures, probabilities and impacts. This is followed by describing how the probability of these risks can be reduced and how the impacts can be mitigated. The course finally focuses on how an organization can recover faster and more efficiently from a realized risk. Throughout this course, the emphasis is to show not only the importance of managing the inevitable risks as source of opportunity for organizations. This course is different form ''financial risk management'' since it does not discuss financial instruments to hedge against risks. Rather it tries to show how ''operational decisions'' can influence the probability and impacts of different types of risks. In addition, this class disc uses how to plan for recovery process.

Pre Requisites:

Offered in:

2024 Fall

Section Class Number Schedule/Time Instructor Location
01 13413 M
5:30 - 8:15 pm
Elahi,Seyed-Ehsan McCormack M03-0407
Session: Regular
Class Dates: 09/03/2024 - 12/13/2024
Capacity: 25
Enrolled: 22
Status: Open
Credits: 3/3
Class Notes:
Pre Requisites:
Course Attributes:

2024 Spring

Section Class Number Schedule/Time Instructor Location
01 8234 M
5:30 - 8:15 pm
Elahi,Seyed-Ehsan University Hall Y02-2110
Session: Regular
Class Dates: 01/22/2024 - 05/08/2024
Capacity: 40
Enrolled: 41
Status: Closed
Credits: 3/3
Class Notes:
Pre Requisites:
Course Attributes: