CRM305
Risk Financing
Explore how to select, implement, and monitor risk financing techniques—methods that an organization can use to obtain funds to pay for accidental losses. Topics include risk financing objectives, types of risk financing plans, insurance as a risk financing technique, capital market products for risk financing, forecasting accidental losses and risk financing needs, accounting and income tax aspects of risk management, and allocating risk management costs.
Prerequisite(s):
Related program(s)
This course is available at the following time(s) and location(s):
| Section | Session(s) | Date/time | Campus | Instructor(s) | Cost | Registration |
|---|---|---|---|---|---|---|
| CRM305-VA11371 | 12 | Mondays Sep 9–Dec 16, 2013 6–9:30 pm (no class Oct 7, 14, and Nov 11) |
Van | Keith Gibson |
$590 | Register |
| CRM305-VA11372 | 12 | Thursdays Sep 19–Dec 12, 2013 6–9:30 pm (no class one Thu between Sep 19 and Dec 12) |
Van | Wayne Hickey |
$590 | Register |
| CRM305-VI1137 | 14 | Wednesdays Sep 11–Dec 11, 2013 6–9 pm |
Victoria | Sharon White |
$590 | Register |
What will I learn?
After completing this course, you should be able to do the following:
- Understand the usefulness of insurance as a risk financing technique
- Apply loss forecasting to select from various risk financing alternatives
- Understand various risk financing techniques, including self-insurance, retrospective rating plans, reinsurance, captive insurance plans, and finite and integrated risk plans
How will I learn?
This course may consist of a combination of lectures, workshops, case studies, examinations, projects, papers, assignments, and group presentations.
This university-level course requires at-home study and preparation. You can expect reading and other assignments on a weekly basis.
How will I be evaluated?
We'll evaluate your performance in this course using a combination of in-class or take-home assignments, exams, individual or group projects, participation, and attendance. To meet course demands, you should have an advanced level of written and spoken English.
If English is not your first language, we recommend you complete the International English Language Testing System (IELTS) with a minimum overall band score of 6.5. If you have any questions or concerns about your English language proficiency, we encourage you to contact us.
Textbooks and learning materials
Course fees do not include textbooks or other materials that you may purchase from the SFU Bookstore. We recommend you purchase your textbooks as soon as you've registered. The quantities are limited at the bookstore.
The textbooks for the course are as follows:
- Financing Risk – A Canadian Perspective by Karen William (1st ed., ISBN:9780981171128)
- Financing Risk – A Canadian Perspective – Course Guide by Karen William (1st ed., ISBN:9780981171159)
Professional development credits
This course may meet the requirements for the following designation(s):