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Instructor Class Description

Time Schedule:

Margaret A Searle
IMT 557
Seattle Campus

Operational Risk Management in the Public and Private Sectors

Learn to identify, monitor, and mitigate operational risk exposures in corporations and government agencies, analyze risk appetites, and drive risk awareness at each level of corporate or government hierarchies. Examines technology failure and information sharing in crisis management, intellectual property, and data risk in various infrastructure sectors. Prerequisite: IMT 556.

Class description

This course examines the role of information in managing operational risk in both the public (government and nonprofit) and private sectors through examination of at least four critical infrastructure sectors. Examples could banking and finance, information technology, telecommunications, public health and emergency services. These examples are selected because they are characterized by rapid adoption of best practices for handling information and operational risk. This is the second of two operational risk courses designed for MSIM students to examine how information related to operational risk is identified and managed.

Learn to identify, monitor and mitigate operational risk exposures in corporations and government agencies, analyze risk appetites, and drive risk awareness at each level of corporate or government hierarchies. Examines technology failure and information sharing in crisis management, intellectual property, and data risk in various infrastructure sectors. Prerequisite: IMT555.

Student learning goals

Assess strengths and weaknesses of risk policies and distinguish between effective and weak strategies.

Identify and discuss emerging trends and key operational issues of particular risks involving decision-making or handling information.

Examine the effect of concealed or unknown risk in operational risk management.

Transform the fundamentals of operational risk into a cohesive operational risk management strategy.

General method of instruction

Recommended preparation

IMT556 is the prerequisite for this course. The class may also be taken by permission of the instructor if student can show an understanding of risk.

Class assignments and grading

Each student will be facilitating a 45 minute discussion during one of the class sessions. Class participation is highly valued. Guest speakers will also appear most weeks of the course. Doing the reading and writing good papers and making thoughtful presentations are all essential components.

Students will be graded on class participation (10%), two short papers (25% each), and one final project consisting of an in-class presentation and a written paper (total 40%).


The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Margaret A Searle
Date: 01/30/2014