Risk Management (BUS 680)
Term: 2013-2014 Academic Year Summer Term
Risk Management in business includes the command of doing good financing and budgeting. Students will come to understand and then evaluate both the positive and negative effects of using financial and operational leverage in order to improve their decision-making and budgeting skills. This will improve performance, reduce costs, and increase profitability. Understanding how to use existing tax law adds to a student?s ability to innovate strategies and techniques to minimize or defer tax liabilities. The final component of this course on general business risk management covers project management where students must learn how to use proper techniques to effectively accomplish organizational goals in managing such projects. Areas of emphasis include organizational project planning, budgeting, cost estimation, resource allocation, and the controlling, auditing and termination of a project to its successful completion.