Risk Recognition, Assessment and Mitigation
Y52.3020 / Credit
This course provides the student with an understanding of the importance of being able to recognize business risks and skills needed to manage them. Specific topics include the high level game plan to identify and mitigate risks, policy and guidelines, roles and responsibilities, ownership and accountability, technology risks, monitoring, reporting and resolution. Focus will be on technology risk and controls within the context of the COSO Internal Control Integrated framework and the COSO Enterprise Risk Management framework. Upon successful completion of the course, the student will be expected to be able to conduct a risk assessment from the objective setting process through the event identification process to the actual risk, understand the different types of risks that challenge businesses today, relate to steps taken by organizations to balance risks and rewards, gain an understanding of types of controls that can be used to mitigate these risks, be cognizant of current thinking on best practices in enterprise risk management, learn when it may be appropriate to accept risk and how to manage that acceptance, realize the importance of awareness, monitoring and reporting, and produce high level reports of business risk.
You must be an NYU student in a credit program to take this course. It is not available for online registration. If you're interested in applying to the school, call (212) 998-7200.
NYU Students already enrolled in a credit program should visit NYUHome to register through ALBERT.
