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Introducing Enterprise Risk Management Into the University Classroom: A Case Study

Author

Listed:
  • Aaron Bruhn
  • Bronwen Whiting
  • Bridget Browne
  • Timothy Higgins
  • Chong It Tan

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.

Suggested Citation

  • Aaron Bruhn & Bronwen Whiting & Bridget Browne & Timothy Higgins & Chong It Tan, 2017. "Introducing Enterprise Risk Management Into the University Classroom: A Case Study," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 20(1), pages 99-131, March.
    • Handle: RePEc:bla:rmgtin:v:20:y:2017:i:1:p:99-131
    DOI: 10.1111/rmir.12071
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    References listed on IDEAS

    as
    1. Madhu Acharyya & Chris Brady, 2014. "Designing an Enterprise Risk Management Curriculum for Business Studies: Insights From a Pilot Program," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 17(1), pages 113-136, March.
    2. F. Douglas Foster & Geoffrey J. Warren, 2016. "Interviews with Institutional Investors: The How and Why of Active Investing," Journal of Behavioral Finance, Taylor & Francis Journals, vol. 17(1), pages 60-84, January.
    3. Angela Zeier Roeschmann, 2014. "Risk Culture: What It Is and How It Affects an Insurer's Risk Management," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 17(2), pages 277-296, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Rangi, Pradeep Kumar & Aithal, Sreeramana, 2020. "Academic Institutions Risk Decisions using Six Thinking Hats based Analysis," MPRA Paper 105348, University Library of Munich, Germany.

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