AMS 601 - Risk Management and Business Risk Control in BRIC Countries

Introduction to the challenges and opportunities in investing in the BRIC countries Brazil, Russia, India, and China, with emphasis in the risk assessment, control and management. Opportunities in investing in BRIC: growth in infrastructure, middle class demand, educated cheap workforce, potential for outsourcing work, high risk/high reward. Risks facing investors in BRIC: strategic, operational, political, market risk, credit risks. Cultural barriers: family owned businesses, lack of business professionalism, poor transparency and disclosures of business practices, shallow and volatile markets, unstable macro-economics policies, tardy legal system. Responsibilities of investors in the BRIC countries: helping the BRIC governments and corporations in smooth transition to global markets and to developed status, providing co-ordination and transfer of business knowledge and technology from risk professionals in developed countries to emerging markets.

3 credits

Grading Letter graded (A, A-, B+, etc.)

Offered Fall