Graduate Certificate in Risk Management Online

This course examines information technology related business risk management and the methodology that includes risk identification, evaluation and response. The course describes the principles of information technology risk management, the responsibilities and accountability for information technology risk, how to build risk awareness, and how to communicate risk scenarios, business impact and key risk indicators. Included in the course is the opportunity to create a business focused, process oriented and measurement driven risk response plan. This course provides a solid foundation for identifying and managing risks through an established process which incorporates cross functional disciplines as well as the design and implementation of efficient but effective internal controls. The course will address all five components of the COSO Framework for evaluating internal controls, namely: the control environment, risk assessment, control activities, information and communication, and ongoing monitoring activities. The skills acquired in this course will enable students to assist businesses in identifying and mitigating critical risks.

This course is an introduction to Business Analytics. It covers managerial statistical tools in descriptive analytics and predictive analytics, including regression. Other topics covered include forecasting, risk analysis, simulation, and data mining, and decision analysis. This course provides students with the fundamental concepts and tools needed to understand the emerging role of business analytics in organizations and shows students how to apply basic business analytics tools in a spreadsheet environment, and how to communicate with analytics professionals to effectively use and interpret analytic models and results for making better business decisions. Emphasis is placed on applications, concepts and interpretation of results, rather than theory and calculations. Students use a computer software package for data analysis.

Use of Forensic Accounting tools and techniques to review detail transactions to identify control weaknesses and potentially fraudulent activities. Application of IT general computer and application controls to prevent control weaknesses and mitigate risk. Introduction and application of auditing technology (e.g., Data Analytics / Visualization, RPA, AI and Blockchain). Use of system risk monitoring processes and tools. The course also introduces the many professional opportunities available to forensic accountants. Students enrolling in this graduate course should have a thorough understanding of the business transaction cycle and, at a minimum, a background in both financial accounting and auditing, obtained through either prior course work or professional experience.

Professionals in the business world are often required to perform an in-depth financial review and analysis of a company’s financial statements. Independent study allows the student to explore a topic of interest under the close supervision of a faculty member. The course will include directed readings, applied work, performing a financial analysis of a company, including: trend analysis, fluctuation analysis, and ratio analysis. This project will require the student to review all financial information available for the company to be found in the 10K, Annual Report, Stock Market Company and Industry Research Reports, news releases and other information to be found on their website and other SEC Reports. Eventually, in this course, students have the opportunity to review, grasp, and learn the advanced tools such as various models on financial distress and earning manipulation prediction.