This course provides a comprehensive understanding of how individuals and organizations identify, assess, and manage exposure to financial risk through strategic planning and insurance solutions. The course examines key risk categories, including market, credit, operational, and personal financial risks, and emphasis is placed on strategies used to mitigate them, such as insurance products, portfolio asset diversification, hedging techniques, and risk transfer mechanisms. Students evaluate risk profiles, design integrated insurance and financial plans, and apply risk mitigation frameworks that support long-term financial stability and resilience. Credits: 4