CollegeTransfer.Net

Course Criteria

Add courses to your favorites to save, share, and find your best transfer school.

  • INSR 811: Risk and Crisis Management

    3.00 Credits
    University of Pennsylvania

    Staff. Prerequisite(s): None. The success of any firm depends jointly on its ability to create value and on its ability to preserve value. The creation of value arises when a firm is able to identify and execute investments with a positive net present value. The creation of value invariably exposes the firm to risk and this value can easily be jeopardized. A fall in demand for its product, a sudden rise in production or financing costs, a technological failure, destruction of assets or information, a liability suit, or the activities of a rogue trader, each can squander the value created. In extreme cases these risky possibilities can bankrupt the firm. Risk management is becoming increasingly important and firms are devoting increasing time, attention and resources to deriving strategies for preserving value. These strategies include, hedging, insurance, contingent financing and changes in organizational design which make the firm more robust to shocks. Risk and Crisis Management will look at these and related strategies. (Mini course - 6 weeks).
    ShareINSR 811 - Risk and Crisis Management
    Favorite

  • INSR 812: Markets for Pure Risk

    3.00 Credits
    University of Pennsylvania

    Cummins. Prerequisite(s): Basic microecnomics and finance. This course examines the supply side of global markets for pure risks. Pure risks can be broadly defined as risks that are beyond the core competencies of the majority of firms in the economy. These are risks that must be managed or avoided in order to enable management to add value by focusing on the firm's primary activity. An important category of pure risks encompasses those risks that traditionally were managed by purchasing insurance - the risk of reduction of firm value due to fires, natural disasters, liability lawsuits, work injuries, and other types of accidents or legal actions. However, pure risks also include other sources of volatility that have not traditionally been traded in insurance markets. The latter category includes weather risk, credit risk, and foreign exchange risk, among others. The course examines insurance and financial markets, "alternative market" approaches to dealing with pure risks such as captive insurance companies, the global market for reinsurance, and markets for securitized risk products such as catastrophe bonds, mortality index bonds, and life insurance reserve financing securitizations. This course is intended to complement Insurance 811,"Risk and Crisis Management." INSR 811 focuses on how firms can use various types of hedging instruments to manage pure risks, i.e, its emphasis is primarily on the demand side of makets for pure risks, whereas INSR 812 examines the supply side of these markets. (Mini course - 6 weeks)
    ShareINSR 812 - Markets for Pure Risk
    Favorite

  • INSR 822: Employee Benefit Plan Design and Financing

    3.00 Credits
    University of Pennsylvania

    Mitchell. Prerequisite(s): None. Large U.S. employers devote up to 40% of payroll on non-wage benefits, and in other countries, the ratio is higher. What rationales justify such a substantial budget commitment to employee benefits How are benefit packages designed and how do they evolve to achieve multiple ends Course units cover aspects of life insurance, health and disability insurance, and deferred compensation plans along with the economic consequences of and regulatory environment shaping each. Executive compensation is also covered. This course is useful to anyone interested in health care, insurance and retirement planning, for either professional or personal reasons.
    ShareINSR 822 - Employee Benefit Plan Design and Financing
    Favorite

  • INSR 823: Business Insurance and Estate Planning

    3.00 Credits
    University of Pennsylvania

    Hallman. Prerequisite(s): None. This course presents an analysis of overall private wealth management. This includes planning for disposition of closely-held business interests; the impact of income taxes and other transfer costs on business interests and other assets; integration of life insurance, disability insurance, medical benefits, and long-term care insurance in the financial plan; planning for concentrated asset (e.g., common stock) positions, diversification techniques, and asset allocation strategies; distribution of retirement assets; lifetime giving and estate planning; and analysis of current developments in the creation, conservation, and distribution of estates. Attention also is given to various executive compensation techniques (including restricted stock and stock options) and planning for various employee benefits. The course also covers sophisticated charitable giving techniques and methods for financing education expenses. Readings consist of textbook, case studies, and bulk pack articles. This course should be attractive to most students to help them plan for their own or their families' financial affairs. It also should be particularly attractive to students specializing in entrepreneurship, wealth management finance, and law.
    ShareINSR 823 - Business Insurance and Estate Planning
    Favorite

  • INSR 824: Social Insurance

    3.00 Credits
    University of Pennsylvania

    Smetters. Prerequisite(s): Micro economics; statistics or basic econometrics. This course presents and evaluates economic rationales for social insurance programs in the developed and developing world. We explore how social insurance programs are designed and implemented in theory and practice, and examine what their economic effects are on key players' behaviors. Topics include systems protecting against umemployment, disability, poverty, old age, and medical care expenses. We examine the relative roles of private versus governmentally-provided benefit programs, focusing on financing and benefit provision. Special attention is devoted to recent and ongoing real-world experiments with privatization.
    ShareINSR 824 - Social Insurance
    Favorite

  • INSR 825: Managing Pure Risks:Operations and Markets

    3.00 Credits
    University of Pennsylvania

    staff. Prerequisite(s): None. This course deals with property-liability insurance company financial management "alternative market" mechanisms for managing pure risks such as captive insurance companies, and the securitization of risk-linked bonds and other instruments. It involves extensive discussion of insurance company financial strategies including investments, asset-liability management, value-at-risk, capital estimation, and financail reporting. Additional topics include product distribution and marketing systems, underwriting operations and policy, reinsurance, rate-making and reserves, claims, accounting, and other functions of insurance risk pools. The regulation and taxation of insurance and captive insurance companies are also covered. A number of public policy issues affecting the management of property-liability insurers are disucssed including: insurer solvency and state guarantee funds, discrimination in property-liability insurance pricing, the effect of the underwriting cycles, and the convergence of the financial services sector. The characteristics of the property-liability insurance industry also are studied within the framework of the financial services industry.
    ShareINSR 825 - Managing Pure Risks:Operations and Markets
    Favorite

  • INSR 827: Risk Management and Treatment

    3.00 Credits
    University of Pennsylvania

    staff. Prerequisite(s): None. Nature and objectives of corporate risk management. Primary consideration devoted to the recognition, evaluation, and treatment of pure risks to which the corporation is exposed.
    ShareINSR 827 - Risk Management and Treatment
    Favorite

  • INSR 829: Fundamentals of Actuarial Science I

    3.00 Credits
    University of Pennsylvania

    Lemaire. Prerequisite(s): One semester of calculus. This course is the usual entry point in the actuarial science program. It is required for students who plan to concentrate or minor in actuarial science. It can also be taken by others interested in the mathematics of personal finance and the use of mortality tables. For future actuaries, it provides the necessary knowledge of compound interest and its applications, and basic life contingencies definition to be used throughout their studies. Non-actuaries will be introduced to practical applications of finance mathematics, such as loan amortization and bond pricing, and premium calculation of typical life insurance contracts. Main topics include annuities,loans and bonds; basic principles of life contingencies and determination of annuity and insurance benefits and premiums.
    ShareINSR 829 - Fundamentals of Actuarial Science I
    Favorite

  • INSR 830: Fundamentals of Actuarial Science II

    3.00 Credits
    University of Pennsylvania

    Lemaire. Prerequisite(s): INSR 829. This specialized course is usually only taken by Wharton students who plan to concentrate in actuarial science and Penn students who plan to minor in actuarial mathematics. It provides a comprehensive analysis of advanced life contingencies problems such as reserving, multiple life functions, multiple decrement theory with application to the valuation of pension plans.
    ShareINSR 830 - Fundamentals of Actuarial Science II
    Favorite

  • INSR 831: Applied Statistical Methods for Actuaries

    3.00 Credits
    University of Pennsylvania

    Lemaire. Prerequisite(s): One semester of probability. One half of the course is devoted to the study of time series, including ARIMA modeling and forecasting. The other half studies modifications in random variables due to deductibles, co-payments, policy limits, and elements of simulation. This course is a possible entry point into the actuarial science program. No INSR coure is a pre-requisite for INSR 831. The Society of Actuaries has approved INSR 831 for VEE credit on the topic of time series.
    ShareINSR 831 - Applied Statistical Methods for Actuaries
    Favorite
To find college, community college and university courses by keyword, enter some or all of the following, then select the Search button.
(Type the name of a College, University, Exam, or Corporation)
(For example: Accounting, Psychology)
(For example: ACCT 101, where Course Prefix is ACCT, and Course Number is 101)
(For example: Introduction To Accounting)
(For example: Sine waves, Hemingway, or Impressionism)
Distance:
of
(For example: Find all institutions within 5 miles of the selected Zip Code)