Risk Management
Course name: Risk Management
Period: International Business Consultancy (Y4:13/14)
Cluster within the International Business Consultancy Programme: Strategic Design
Study load: 4 ECTS (~112 hours)
Course description
Managing risks is an important aspect of running a successful business. This often seems to be a combination or organisational design, legal aspects and accounting or financial principles. Understanding the relation between these different principles or fields of expertise allows you to take the right management decisions or to make proper strategic choices.
Risk management is affected heavily by developments like digital transformation, globalisation and by the way we work in current times. You will do research on these changes and compose an advice on how to ‘risk manage’ an international organisation, providing a risk management framework.
Competences
Strategic Management, Business Law, Finance, Operations Management, Information Management, Problem recognition, Diagnosis, Design, Evaluate
Learning objectives
- Understand the basic principles of risk management;
- Interlink strategic, economic and legal aspects within business;
- Relate trends, developments and prospects to a company’s core business and related risks;
- Compose a risk management framework;
- Advise an international business on how to manage risks;
General course information
Required previous knowledge
Some basic knowledge of strategy, finance and law is beneficial to participate in this course.
Recommended literature
Online materials will be provided.
Way of working
Interactive lectures with in which you will research the topics independently, with and without your fellow students.
Exam
During the course you create a portfolio that you hand in before the deadline at the end. The content of the portfolio is the following:
- Results of assignments during class
Several assignments will be made during class which will be part of your final portfolio.
- Video
You have to create a video about the assignment to apply Risk Management to a chosen
company. The video has to be handed in in Gradework as part of your portfolio.
- Exam results
An individual assessment of your knowledge about Risk Management with a multiple choice
test.