Course Reflections

profilecsdev1108
EnterpriseRiskManagementSyllabusFall2019ITS835ProfMainJ.Mills.docx

Syllabus: Access Control, Authentication, and Public Key Infrastructure

University of the Cumberlands

School of Computer and Information Sciences

ITS835 Enterprise Risk Management

Course Summary

Course Number and Name

ITS835 Enterprise Risk Management

Course Term and Delivery

Fall 2019 – MAIN term – Hybrid Course with Required Residency Residency Session Date: October 25 - 27 Friday 5pm – 10pm; Saturday 8am – 7:30pm; Sunday 8am-1:00pm Residency Session Course Site: Northern Kentucky Campus (Florence, KY)

Course Instructor

Dr. Jamia Mills, Adjunct Professor

Email: [email protected]

Catalog Course Description

This course goes beyond looking at risk management from the confines of quantitative topics to cover the full spectrum of risks that may emerge in enterprises. It covers a more holistic approach that includes the decisions and actions of employees in an active enterprise. It uses case studies to demonstrate the issues and challenges in total risk management. Finally, the course explores techniques for balancing enterprise risk and reward to enable performance optimization.

Course Objectives

Upon completion of the course, students will be able to:

• Design and implement an appropriate ERM framework and risk governance structure customized to any type of organization.

• Conduct qualitative risk assessments to identify/prioritize key risks from among all risk sources.

• Quantify all types of risks, including strategic, operational, financial, and insurance.

• Develop a clear definition of risk appetite (the aggregate enterprise-level risk limit).

• Enhance strategic planning, increasing the likelihood of achieving strategic plan goals.

• Provide a rigorous business case for both business and mitigation risk-reward decision-making.

• Assure the board of directors that key risks are well understood and managed.

• Understand and satisfy ERM requirements from rating agencies, regulators, and shareholders.

Course Structure

· Watch weekly lecture

· Participate in class discussion via iLearn forums

· Reading assigned texts

· Complete quizzes based on assigned reading and lecture

· Complete cases based upon a given scenario

· Complete homework assignments from the text and other sources

Learning Materials and References

Required Resources

Textbook(s) Required:

Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.

Evaluation and Grading

Course Assignments and Evaluation Criteria

Grading will be based on accumulated points of each graded requirement in the course distributed as described in the table below:

 

Required Assignments*

Assignment

Description

Weight

Residency Weekend

Research project will allow students to expand on topics throughout to course. They will complete several assignments to help increase research, networking and communication skills.

60%

 

Discussions

Students will be required to create 1 new thread, and provide substantive comments on at least 3 threads created by other students

10%

Homework

Students to provide a reflection on course topics via a paper.

10%

Research Papers

Students to write research papers based on topics in the course. Include

20%

TOTAL

 

100%

 

* Assignments may change at the discretion of the professor and changes in the assignments will be announced in class. Students are responsible for noting and completing any changes in assignments.

Grade Conversion

The final grades will be calculated from the percentages earned in the course, as follows:

Grade

Percentage

A

90–100%

B

80–89.5%

C

70–79.5%

F

<69.5%

Course Expectations

Class Participation

Students are expected to:

1. Be fully prepared for each class session by studying the assigned reading material and preparation of the material assigned.

2. Participate in group discussions, assignments, and panel discussions. Initial discussion posts are due by Thursday of each week. Two peer replies are due Sunday each week. No late discussion posts are graded.

3. Complete specific assignments when due and in a professional manner. Late assignments are not accepted or graded. If you aren’t able to meet the assignment deadline please email me.

Academic Integrity

At a Christian liberal arts University committed to the pursuit of truth and understanding, any act of academic dishonesty is especially distressing and cannot be tolerated. In general, academic dishonesty involves the abuse and misuse of information or people to gain an undeserved academic advantage or evaluation. The common forms of academic dishonesty include:

a. cheating - using deception in the taking of tests or the preparation of written work, using unauthorized materials, copying another person’s work with or without consent, or assisting another in such activities

b. lying—falsifying, fabricating, or forging information in either written, spoken, or video presentations

c. plagiarism—using the published writings, data, interpretations, or ideas of another without proper documentation

Episodes of academic dishonesty are reported to the Vice President for Academic Affairs. The potential penalty for academic dishonesty includes a failing grade on a particular assignment, a failing grade for the entire course, or charges against the student with the appropriate disciplinary body.

Students with Disabilities

Students who may have a disability meriting an academic accommodation should contact Mr. Jacob Ratcliff, the Disabilities Services Coordinator, in the Student Services Office. For accommodations to be awarded, a student must complete an Accommodations Application and provide documentation of the disability to the Disability Services Coordinator.   Any accommodations for disabilities must be re-certified each semester by the Academic Affairs Office before course adjustments are made by individual instructors.

Student Responsibilities

1. Students are expected to login several times per week to participate in class discussions.

2. Students are expected to find out if any changes have been made in the class or assignment schedule.

3. Students are expected to be self-motivating in an online, asynchronous course.

Tentative Course Outline* 

Week #

Lesson Topic

Reading

Activity

1

ERM, Value, and Risk

Chapter 3, “ERM at Mars, Incorporated: ERM for Strategy and Operations”

Discussion

Journal Reflection

2

ERM Practice

Chapter 5, “ERM in Practice at the University of California Health System”

Discussion

Journal Reflection

3

Strategic Risk Management

Chapter 6, “Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management”

Discussion

Journal Reflection

4

ERM Implementation

Chapter 9, “Lessons from the Academy: ERM Implementation in the University Setting”

Discussion

Journal Reflection

5

Performance

Chapter 12, “Measuring Performance at Intuit: A Value-Added Component in ERM Programs”

Discussion

Journal Reflection

6

Strategic Planning

Chapter 15, “Embedding ERM into Strategic Planning at the City of Edmonton”

Discussion

Journal Reflection

7

Risk Management Special Cases

Chapter 18, “BlueWood Chocolates”

Midterm Research Paper

Discussion

8

Risk Management Special Cases (cont’d)

Chapter 19, “Kilgore Custom Milling

Discussion

Journal Reflection

Residency Weekend (including Practical Connection Assignment)

9

More Risk Management Special Cases

Chapter 22, “JAA Inc.—A Case Study in Creating Value from Uncertainty: Best Practices in Managing Risk”

Discussion

Journal Reflection

10

More Risk Management Special Cases (cont’d)

Chapter 25, “Uses of Efficient Frontier Analysis in Strategic Risk Management: A Technical Examination”

Discussion

Journal Reflection

11

ERM Mini-Case Studies

Chapter 26, “Bim Consultants Inc.” ▪ Chapter 27, “Nerds Galore”

Discussion

Journal Reflection

12

ERM Mini-Case Studies (cont’d)

Chapter 28, “The Reluctant General Counsel”

Chapter 29, “Transforming Risk Management at Akawini Copper””

Discussion

Journal Reflection

13

Other ERM Case Studies

Chapter 30, “Alleged Corruption at Chessfield: Corporate Governance and the Risk Oversight Role of the Board of Directors”

Discussion

Journal Reflection

14

Other ERM Case Studies (cont;d)

Chapter 31, “Operational Risk Management Case Study: Bon Boulangerie”

Discussion

Journal Reflection

15

Other ERM Case Studies

Chapter 34, “Turning Crisis into Opportunity: Building an ERM Program at General Motors”

Final Exam: Research Paper

16

WrapUp

Discussion

Journal Reflection

 

*ALL DUE DATES AND ASSIGNMENTS SUBJECT TO CHANGE

 

**All assignments are due in iLearn by 11:59pm EST on Sunday of the corresponding week…

EXCEPT the last week of class when all assignments are due on the day before the end of the term at 11:59pm EST.

© 2015 by Jones & Bartlett Learning, LLC, an Ascend Learning Company. All rights reserved.

www.jblearning.com Page 1

Page 7