City of
COURSE SYLLABUS
in
HRM 413
(Risk Management)
|
COURSE NUMBER |
: |
HRM 413 |
|
COURSE TITLE |
: |
Risk Management |
|
CREDIT UNIT |
: |
3 units |
|
|
|
|
COURSE CONTENT:
Part I. Introduction
A. Definitions
B. Principles of
Risk Management
C. Overview and
View points
C.1
Risk Aversion & Risk Management
C.2
The Objectives of Risk Management
C.3
The Process of Risk Management
C.4
The Basic Concepts of Insurance
C.5
Risk Treatments
C.6
Emergency & Disaster Preparedness
C.7
The Risk Management Plan
D. The Framework of the subject
Part II. Risk Identification, Assessment, Treatment &
Decision Making
A. Types, Sources,
and Components of risk
B. Process and
Methods of Risk Management
C. Risk
Identification & Risk Management
C.1
Identifying Exposures
C.2
Assessment, Evaluating the Frequency and Severity of losses
C.3
Risk Avoidance, Retention, Reduction and Transfer
D. Fundamentals of
Corporate Risk Managements
D.1
Objectives of Risk Management
D.2
Risk Management Decision Making
D.2.1
Components of opportunity cost of capital
D.2.2
Compensation of Risk
D.2.3
Tax Factors and its implications
D.2.4
Benefits and cost of loss control
D.3
Loss financing Method
D.4
Risk Reduction
E. Emergency and
disaster Preparedness
E.1
Kinds of Hazard
E.2
Phases of Emergency Management
E.3
Emergency Disaster and Evacuation Plan
Part III. Risk
Transfer and the Insurance Law
A. Definitions
B. Principles of
Insurance
C. General Concepts
of Insurance Contract
D. Kinds of
Insurance Contract
E. Insurability of
Risk
E.1
Limitations of Insurability
E.2
Limitations of Coverage
E.3
Legal Provisions
F. The Policy and
Payment of Premium
G. Ascertainment
and Control of Risk and Loss
H. Double Insurance
and Reinsurance
I. Marine Insurance
I.1
Coverage
I.2
Marine Insurance Contracts and Clauses
I.3
Implied Warranties
I.4
Co-insurance and Reinsurance
I.
Kinds of Perils
J. Compulsory Motor
Vehicle Liability Insurance
J.1
Coverage
J.2
Special Clauses
K. Life Insurance
K.1
Kinds of Life Insurance
K.2
Liability of Insurer in Certain Causes of Death of Insured
Part IV. Legal Liabilities (Individuals and Corporations)
A. Legal liability for
injury
A.1
Background
A.2
Torts and Damages
A.2.1
Kinds of Damages
A.2.2
Kinds of Negligence
A.2.3
Legal liabilities of employers and persons vicariously liable
A.2.4
Defenses in Negligence cases
A.2.5
Business Torts
B. Liability to
Customers, Third parties and Share Holders
B.1
Product & Service Liability
B.2
Nuisance & Environmental Liability
B.3
Directors & Officers Liability
C. Liability of
Employee Injury
C.1
Compensation Benefits
C.2
Health Safety & Security
PART V. Formulation / Development of Risk Management Plan
ASSESSMENT / EVALUATION:
REFERENCES: