WHY A MASTER IN FINANCIAL MANAGEMENT, MAJOR IN RISK AND INSURANCE MANAGEMENT?
Every department in every business has experienced deep changes in the market and external environment, pushing companies to face unforeseen challenges with unpredictable ramifications. Many of the factors causing these challenges have not been integrated into the strategic planning process. Consider these points,
- 59% of executives believe the volume and complexity of risks have changed extensively and among them only 25% believe their organization has a “complete formal risk management process in place.”
- With these increasingly complex dynamics shaping the marketplace, the integration between risk management and strategy is a key priority for companies.
- Being prepared and trained to address disruptive and contingency events, to take informed strategic decisions and to ensure effective hedging solutions are important objectives for leading firms in many industries.
The major in Risk Management and Insurance develops talent with the strategic capabilities and managerial competences to implement risk analysis, assessment and management. It prepares students to make strategic decisions and create recovery plans, with a particular focus on the insurance market.
 Source: Current State of Enterprise Risk Management: Update on Trends and Opportunities. Report 2015
The objectives of the major in Risk Management and Insurance are to help students learn how to:
- Provide a comprehensive overview of the dynamics emerging in the risk management field
- Evaluate and aggregate risk typologies to assess their cumulative impact on the organization
- Prepare the company to respond to threats and seize opportunities deriving from unexpected external events
- Diffuse and consolidate a risk culture as a fundamental strategic asset, through the development of risk norms, penetrating corporate processes and governance mechanisms at different organizational levels
- Assess and evaluate insurance needs and implement effective solutions, involving and aligning the entire organization
- Develop the capacity to protect the company Web Reputation and face reputational distress and crisis
- Extract, clean, interpret, communicate and protect information coming from complex risk data analysis
- Understand the threats of Cyber Risk and the protection methodologies expected by Cyber Law
- Master cutting-edge managerial techniques and specific cross-field competencies. Participants will develop soft skills and leadership capabilities, complemented by values such as ethics and social responsibility
Learning methods and key courses
- Top managerial education
- Combination of lectures and labs
- Field project
- Focus on Risk Management and Insurance
- Understand environmental change dynamics, assess risk typologies and diffuse risk hedging culture
Scientific Director and Committee
Gennaro Olivieri, Emerito di Matematica Finanziaria Luiss Guido Carli
Pierluca Impronta, Chairman and CEO, MAG – JLT Spa