UMass Boston

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Operational Risk Management

Course Overview

Date / Time Location Credits Minimium Tuition*
1/27/25 - 5/14/25
Mo 5:30p.m. – 8:15p.m.		 Wheatley W01-0063 3 $2557 (guest students)
Date
1/27/25 - 5/14/25
Time
Mo 5:30p.m. – 8:15p.m.
Location
Wheatley W01-0063
Credits
3
Min. Tuition*
$2557 (guest students)

Description

This course discusses the role of "operational risk management" in different aspect of business. The course starts with a session of definitions and preliminary discussions to show the big picture of the risk management discipline. The course then shows how different risks that an organization faces can be categorized according to their natures, probabilities and impacts. This is followed by describing how the probability of these risks can be reduced and how the impacts can be mitigated. The course finally focuses on how an organization can recover faster and more efficiently from a realized risk. Throughout this course, the emphasis is to show not only the importance of managing the inevitable risks as source of opportunity for organizations. This course is different form "financial risk management" since it does not discuss financial instruments to hedge against risks. Rather it tries to show how "operational decisions" can influence the probability and impacts of different types of risks. In addition, this class disc uses how to plan for recovery process.

This course is closed for registration.

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Course Details

Session

Regular Academic Session

Class Dates

1/27/2025 - 5/14/2025

Location

Wheatley W01-0063

Enrolled / Capacity

12 / 25

Status

Closed

Instructor

Seyed-Ehsan Elahi

Tuition*

$2557 (guest students)

* The tuition estimate is based on minimum, single-course cost to a new student who is a Massachusetts resident and not enrolled in a multi-course program. State residency, online/in person modality, and matriculation to a degree program may affect cost.

Tuition Details