Official NUC CCMAS syllabus

INS 302 — Risk Management II

INS department course · Nigerian universities

What you'll be able to do (official learning outcomes)

• demonstrate knowledge of the variety of financial and financial related risks facing organizations
• explain the approach to risk management through risk identification, risk measurement and risk management (or mitigation)
• explain the methodological principles of value at risk (VAR); and
• discuss the concept of reputational risk and how to manage it

Course contents

Nature of risk. Meaning of risk. Classification of risk. Types of financial risk – market risk and capital adequacy. Credit risk. Liquidity risk. Operational, legal and compliance risks. Reputational risk. Benefit of risk. Human perception of risk. Utility theory. Risk assessment; risk identification, risk estimation, risk evaluation.

Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study INS 302.

More INS courses

• INS 101 · Introduction to Insurance
• INS 102 · Principles and Practice of Insurance
• INS 201 · Law of Tort
• INS 202 · Insurance Underwriting Management
• INS 203 · Life Assurance
• INS 204 · Systems Analysis and Design
• INS 205 · Insurance Broking
• INS 207 · Introduction to Information Systems
• INS 301 · Risk Management I
• INS 303 · Property and Pecuniary Insurance I
• INS 304 · Property and Pecuniary Insurance II
• INS 305 · Management Theory