Skip to Content

All University of South Carolina system institutions will be closed through the end of the spring semester. Columbia campus virtual instruction will continue through the conclusion of final exams in May. Details can be found on the coronavirus landing page.

Darla Moore School of Business

Risk and Uncertainty Management Center

Working to improve decision-making under uncertainty

The Risk and Uncertainty Management Center provides knowledge, frameworks, tools and experiences that lead to better decision-making in situations involving a wide variety of risks confronting organizations. In addition to gathering insights and sharing best practices and research with corporate partners, the center helps create opportunities for students to develop leading-edge skills in risk management and decision-making through real-world project assessment and strategy development that factor in both opportunity and risk using a range of analytical tools and methods.

Our goals include: producing graduates with analytical and qualitative decision-making skills and a holistic, enterprise-wide perspective of risk; supporting risk management research across a variety of disciplines; and facilitating interaction between businesses, faculty and students on important risk management topics.


RUM point of view

Decision-making under uncertainty can be improved with:

  • Frameworks/tools/data analysis/probabilistic thinking
  • Awareness of behavioral biases and common errors committed by individuals and organizations
  • Better incentives and leadership                
  • Multi-disciplinary, enterprise-wide perspective
  • Recognition that opportunity accompanies risk

RUM objectives

  • Enhance the educational programs at the Moore School, specifically the risk management and insurance major and minor
  • Facilitate interaction between the university and practitioners on issues related to risk and uncertainty
  • Support research on risk and uncertainty

Contact Us


Challenge the conventional. Create the exceptional. No Limits.