|
Course Catalog & Schedules
Course Search >
Search Results >
Course Description
Risk Bearing Markets & Insurance (FINC-453-0)
1.00 Credit
Description:
This course counts toward the following majors: Biotechnology Management, Finance Risk bearing markets and risk shifting, often using insurance, pervade business and our personal lives. This course explores risk, the economics of risk bearing markets and risk bearing institutions, and business problems and strategies associated with these institutions. We cover theory and real-world applications. In our initial classes we study risk bearing market behavior, which explains markets by linking the structure of risk bearing markets to consumers' behavior in making risk shifting decisions. This in turn affects risk bearing institutions' business strategies and tactics. In later classes students deepen their understanding by applying risk bearing market behavior theory to real-world practice. This is done using case studies in health insurance market legislation and an insurance company's business strategy, a lecture on the convergence of insurance and finance, and discussion of enterprise risk management. Students will demonstrate their mastery of course material through individual and group projects and a take-home final exam.
Prerequisites:
All Students: FINC-430-0 OR FINC-440-0
Corequisites:
None
|