Mar 18, 2026  
2025-2026 Academic Catalog 
    
2025-2026 Academic Catalog

IRM 454 - Risk Management


3 Credit Hour(s)

This course examines the process of risk management for a private firm in-depth using many of the concepts and tools studied in other insurance courses. Topics include the identification and analysis of loss exposures; examination of alternatives to traditional insurance; the use of forecasting, cash flow analysis and information systems in the risk management process. This course will incorporate the use of case studies and a risk management simulation “game” exercise. This course will also help students prepare for the ARM 54 national examination administered by the Insurance Institute of America.

Prerequisite(s): IRM 221 , IRM 253 , BUS 316 , and BUS 240  or MTH 232 ; cumulative GPA 3.0
Offered: Fall