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The course will conclude with at least three on-site commercial case studies in which the student will be expected to apply insurance and other risk management techniques. Prerequisite: RISK 300 3 credits RISK 325: Life and Health Insurance; Introduction to Employee Benefits, Retirement, and Estate Planning This course covers the nature and importance of life and health risks. It explores the uses of individual, business and group products designed to treat these exposures. It will explore individual, group and commercial life, health and annuity products and provide an overview of employee benefits. Current and pending government insurance programs, including the Affordable Health Care Act, will be reviewed to demonstrate their integration into a financial plan. Prerequisite: Junior standing 3 credits RISK 375: Organizational Internship Selected students will be able to spend a period of time (50 hours per credit hour) working as an Intern with a local organization. During this period the student will maintain a journal, will meet regularly with a faculty member, and with a supervisor to provide continuing evaluation of quality and progress of the student’s work. At the conclusion of the experience the student will submit a paper to the supervisor and faculty member and make an oral presentation. Prerequisite: Junior standing 1-6 credits RISK 415: Enterprise Risk Management This course is designed to provide students with a conceptual framework for evaluating and managing an organization’s risks using an enterprise-wide, or holistic, approach. The course starts with an overview of an enterprise risk management (ERM) integrated framework, including in depth discussions and exercises on developing business objectives and applying risk assessment techniques to those objectives. Risk control concepts and alternative risk financing techniques are presented next. After making sure that the students have a good understanding of these concepts, the course concludes with several classes dedicated to the practice of ERM and the practical application of ERM concepts. Students will learn and apply these concepts through lectures, exercises, cases, and guest speakers. Prerequisite: RISK 300 3 credits RISK 425: Insurance Operations This course focuses on the key operational activities of insurance organizations. It specifically covers marketing and distribution systems, underwriting, an introduction to claims adjusting, the principles of ratemaking, reinsurance and financial statement analysis. These functional areas are studied in the context of regulatory and public policy issues. Students will analyze the operational and financial aspects of an insurance company. Prerequisite: RISK 300 3 credits RISK 450: Retirement and Estate Planning This is a comprehensive course consisting of two parts: Retirement Planning and Estate Planning. The practical knowledge needed for choosing the best retirement plan and designing a plan that will meet a client’s needs from a tax and retirement standpoint is discussed. Retirement planning topics include qualified plans, non-qualified plans, and IRAs. Estate Planning will include various aspects and strategies of estate and gift tax planning, including the nature, valuation, transfer, administration, and taxation of property. Emphasis is given to a basic understanding of the estate and gift tax system. This course is also listed as FINC 450. Prerequisite: BCOR 311 3 credits RISK 499: Business Continuity and Risk Management This course explores the area of Business Continuity and Risk Management in a comprehensive manner to provide for organizational resilience. Particular emphasis is placed on assessing threats which may lead to disastrous events, evaluating control alternatives and implementing strategies. Practical solutions to enable an organization to mitigate risk, to manage crisis and to recover after a disaster are discussed and emphasized. The course is designed to expose

Profile for Gannon University

Gannon Undergraduate Catalog 2018-2019  

Gannon Undergraduate Catalog 2018-2019