This course will revolve around the topic of operational risk. As many different industries use the term operational risk and deploy techniques to identify and quantify such risk, the course will provide an overview of how this concept prevails in various industries today. It will provide a motivation for why understanding and managing operational risk is important to the successful manager and how operational Risk can be Identified and Assessed.
The course will make use of examples and through a project, students will be required to apply an operational risk management framework to a real company and present the approach to the class on the last day of class. Students are asked to work in teams to complete this aspect of the course.
