Risk Management

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Course informations

Study program level Undergraduate
Study program Entrepreneurship
Study program direction Entrepreneurship
Course year 2.
Course semester IV
Course status Elective
ECTS 4
Lectures (h) 30
Excercises (h) 15
Seminars (h) -

Course objectives

  • Introduce students with basic concepts from business risk management
  • Enable students to independently evaluate the application of techniques, methods and analysis in the process of risk management in business operations

Course outcomes

The name of the learning outcomes set: Introduction to risk management Level: 5
  • Classify the main types of risks in business
  • Distribute risks by importance
The name of the learning outcomes set: The process of risk management Level: 5
  • Establish techniques and the process of business risk management
  • Suggest risk management options
  • Identify key terminology related to risk assessment
  • Make a simple risk assessment

Course content

Key terminology of risk and risk management methodology. Risk management framework. Classification of risks. Identification of business risks through risk assessment methods. Risk mapping process and risk register. Qualitative and quantitative risk analysis. Business risk measurement methods (market risk measurement, banking risk measurement, business risk measurement, and information systems). External and internal risk management methods and payment security instruments. Methods of control and standardization of business risks.
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