Over the last decade risk management has gained importance as companies attempt to improve profitability and reduce the dollar amount of loss. This course is designed to help students develop a strong risk management skill set across an array of industries. Students will assume the Chief Risk Officer role and learn "best practices" in risk identification, measurement, monitoring and control methodologies. Particular attention will be placed on the major risk contributors including market, credit and operations. Students will also be exposed to other risk factors that can trigger significant financial loss and/or company bankruptcy. To provide added relevance, a detailed forensic study on Lehman Brothers, including lessons learned and breakout sessions will be used. Course grades will be based on a written paper, case analysis, homeworks, a final exam and level of class participation.