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Introducing Enterprise Risk Management Into the University Classroom: A Case Study
Author(s) -
Bruhn Aaron,
Whiting Bronwen,
Browne Bridget,
Higgins Timothy,
Tan Chong It
Publication year - 2017
Publication title -
risk management and insurance review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.386
H-Index - 16
eISSN - 1540-6296
pISSN - 1098-1616
DOI - 10.1111/rmir.12071
Subject(s) - coursework , class (philosophy) , risk management , sample (material) , control (management) , medical education , actuarial science , psychology , operations management , business , medicine , management , computer science , economics , finance , chemistry , chromatography , artificial intelligence
Abstract This article reports on the challenges faced when enterprise risk management courses (commonly studied by practitioners after several years of actuarial practice) were introduced into a postgraduate coursework degree, and taught concurrently with Actuarial Control Cycle (Part II) units. A small sample of students were interviewed, and the information gleaned from these interviews combined with the reflections provided by teaching staff is used to argue that although not problem‐free, the overall gain to students makes the project worthwhile. Assessment structure and use of class time in particular are examined as key features of the class, and potential improvements are suggested.