Calculating risk has become integral to managing profit margins. Our curriculum is focused on equipping you with practical and marketable skills in identifying the risks faced by companies. Graduate-level business courses present the various forms of insurance and benefits for employees, as well as legal issues and fraud management techniques that keep corporations running smoothly.
Earn your MBA in Risk Management by adding an additional 24 credits. Within 5 years of beginning the certificate program, students have the option to earn their MBA by applying to the program and completing the 24-credit core requirement.
CUW Online faculty
Goals / Objectives
- Understanding of complex labor laws supporting employees and protecting the company
- Familiarity with common risks that allow you to implement prevention plans for a host of industry-wide issues
- Knowledge of domestic and international industrial safety measures, risk management techniques, and environmental regulations
- Ability to apply loss prevention techniques to positively impact sales and profits
- Mastery of the unique accounting systems for insurance, pension, and institutional decisions
- Understanding of annuities, types of health and life coverages, employee benefits, unemployment, disability, and old-age insurance
- In-depth knowledge of investments available to businesses, such as stocks, bonds, derivatives, and mutual funds, and their associated risks
- Understanding of the characteristics of securities and how to evaluate them for risks
- Insurance Underwriter
- Claims Investigator
- Financial Manager
- Risk Management Consultant
- Labor Relations Manager
- Organizational Planning Director
- Inventory Administrator
- Benefits and Wage Manager
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Legal Aspects of Business Administration (MBA 570/870) - Credits: 3
Course DescriptionLegal Aspects of Business Administration entails the study of the contemporary and legal issues facing managers and the development of practical skills for analyzing decision-making from both the legal and ethical standpoints. Issues will be studied from the position of managerial decision-making with an emphasis on the establishment of sound, well-grounded policies intended to prevent and resolve disputes.
Fraud Management (MBA 576/876) - Credits: 3
Course DescriptionFraud Management is designed to provide students with a basis understanding of the principles of occupational fraud, emphasizing circumstances with which any management team may ultimately be confronted . The course covers fraud in the areas of skimming, cash larceny, check fraud, register schemes, and misappropriation of cash and assets. A brief overview of corruption and interviewing of employees when a fraud is suspected is also included.
Risk Management and Insurance (MBA 622/922) - Credits: 3
Course DescriptionRisk Management and Insurance is an introduction to the tools of insurance and risk management . Property, life, health, and liability insurance will be discussed. Students desiring a more in depth evaluation of the subject should also consider MBA 624/924- Health, Life and Social Insurance. 3 credits.
Statutory Accounting (MBA 623/923) - Credits: 3
Course DescriptionStatutory Accounting deals with the unique accounting system for insurance, pension, and institutional decisions.
Health, Life, Business and Social Insurance (MBA 624/924) - Credits: 3
Course DescriptionHealth, Life and Social Insurance investigates annuities, types of health and life coverages, employee benefits, and unemployment, disability, and old-age insurance.
Securities Analysis (MBA 625/925) - Credits: 3
Course DescriptionSecurities Analysis is the study of investment choices and the analysis of each for the investment decision . Stocks, bonds, derivatives, and mutual funds are all examined. Understanding the characteristics of securities and how to evaluate them using financial spreadsheets and internet applications toward making a capital decision is emphasized.