FBMA 2931 Applied Financial Management as it relates to Risk Management

Description

Applied Financial Management as it relates to Risk Management applies concepts in financial management to develop a business risk management program. The student will implement risk management tools to assist in meeting business, family and personal needs.

Management Credits

3

Topics to be Covered

1. Implement risk management strategies that will meet the goals of the business risk management program

2. Implement use of risk management tools that will address risk factors effecting the business

3. Implement a modified management structure for the business that will benefit in reducing business risk

Learning Outcomes

1. Implement risk management strategies that will meet the goals of the business risk management program

2. Evaluate information gained from analyzing historical business data in determining risk

3. Apply knowledge gained from analyzing historical business data in determining risk in the business

4. Interpret use of risk management tools that will address risk factors effecting the business

5. Implement a modified management structure for the business that will benefit in reducing business risk

6. Design a risk management program that meets business, family, and financial goals

7. Use enterprise analysis data in decision making process of determining risk management needs

8. Utilize farm financial ratios of the business in development of risk management program

9. Utilize financial trends in the development of a risk management program