Students from the Risk Management and Insurance (RMI) program at the BIU recently demonstrated their ability to impact real-world business decisions when the recommendations they put forth as part of an applied learning project were adopted by the BIU Office of Risk Management.
A team of six MBA and five BBA students was charged with completing a needs assessment around workers’ compensation claims under the guidance of Jeff Karcher, director of risk management for the UW–Madison Office of Risk Management—the largest risk division in the UW system.
David Olson (MBA ’17), who served as the student leader for the team, said he could immediately see Karcher’s vision for the project: to engage campus stakeholders in proactively addressing risk across the entire university.