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Prerequisite: ACFI 200 with a minimum grade of "C-" or ACFI 241 with a minimum grade of "C-"; and ACFI 385 with a minimum grade of "C-" This course is designed to provide an understanding of the fundamental concepts of risk management in the areas of employee benefit programs, property damage and liability exposures and other business needs for insurance. The course will also provide an overview of the risk-bearing industry, its function and importance and its relevance in today's business markets. Emphasis will be placed on the insurance contracts themselves and the rating plans available. Offered fall semester. May be taken for graduate level credit.