Risk Financing (Aegrotat)

ABOUT THE MODULE In order to meet the demanding world for students not able to attend classes all the time due to commitments or geographical issues we have decided to expand our offering to cater for all students as we strive to keep up with the Fourth Industrial Revolution(4IR). Due to COVID-19 pandemic venue based classes have been suspended. We offering Zoom online classroom, consultation via Zoom and videos to ensure that you have all the resources you need on your journey to be a graduate. This module is structured towards students who are following or planning to follow a career in risk management. Students credited with this module will be able to interpret risk management regulations, analyse risk exposures in financial terms, determine the cost of risk control and advise management on a realistic risk appetite . The skills acquired enables the student to be a valuable asset to the organization they belong to as these are the critical activities in management of risk in order to meet the goal of the firm which is maximising shareholders wealth through maximising benefits, minimising costs and minimising risk. For this module there is no prescribed book but articles as stated in study guide will suffice. Note you will need to go through the study guide and we will provide you with the articles at no extra cost. The choice of the calculator is up to you but a normal scientific calculator will do. TOPICS Topic 1 : Risk Management Topic 2 : Decision Theory Topic 3: Risk Financing Concepts Topic 4: Risk Retention Topic 5: Risk Transfer Topic 6 : Insurance-Linked Securities REVISION We will cover at least four past papers and review current year’s assignments. If students have other questions they encounter during revision they will get assistance as well. NB! THE PURCHASE OF THIS MODULE GRANTS YOU ACCESS UNTIL YOU SIT FOR YOUR EXAMINATION FOR THE MODULE