Enterprise Risk Management: Advanced Techniques
MGMT X 408.813
This course advances your acquisition of meaningful insights from risk and decision analysis methods and techniques.
What you can learn.
- Improve your use of quantitative and qualitative risk analysis techniques
- Analyze risk management dashboards and identify key indicators
- Utilize stochastic data methods, influence diagrams, and more
- Gain exposure to risk-based capital allocation and performance management
About this course:This course picks up where Enterprise Risk Management: Toolkit ends. The course includes decision analysis methods (which includes an introduction to risk and decision analysis software tools), further exploration of quantitative risk analysis techniques (e.g., Bayesian statistics, stochastic data methods) and of qualitative risk analysis techniques (e.g., scenario planning, influence diagrams, Delphi technique), techniques of assessing catastrophic risk (including systemic risk), an introduction to risk management dashboards (i.e., measuring and monitoring key performance indicators and key risk indicators), communications and the presentation of ERM issues to senior management, an introduction to risk-based capital allocation, and an introduction to risk-based performance management.
MGMT X 408.809 Foundations of Enterprise Risk Management, MGMT X 408.810 Designing and Implementing an ERM Program or consent of instructor.