Description
This course focuses on identifying risk factors and developing appropriate strategies to mitigate those factors. Specific topics of discussion include credit, market, and operational risk from a corporate perspective and insurance needs analysis for businesses and individuals. Health, disability, long-term care, and life insurances plus annuities will be addressed at the individual level. Overview of the role derivatives play in mitigating risk included. Prerequisite: FIN 415. (3 units; Spring, odd years)