An increasing emphasis on enterprise risk management (ERM) in the corporate world is reflected in the higher-education sector, with more courses and research exploring the concept at universities with established RM programs.
"We've increasingly been focusing more on ERM [in the classroom], and we've focused quite heavily on that area on the research side as well," says Robert E. Hoyt, the Moore Chair and professor of risk management and insurance at the Terry College of Business at the University of Georgia.
"In risk-management education, the biggest trend in recent years has been toward ERM," agrees David W. Sommer, the Charles E. Cheever Professor of Risk Management at the Bill Greehey School of Business at St. Mary's University in San Antonio, Texas.
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