Syllabus

LEARNING OUTCOMES

After completing the course,
- Students will have knowledge of risk management in organizations, including risk identification, risk analysis, and risk response.
- Students will be familiar with the process-oriented and accounting focused perspective on risk management.
- Students will be able to analyze and question the covered theoretical/empirical perspectives.
- Students will be able to apply their conceptual understanding to the empirical and practical problems in contemporary organizations.

Credits: 6

Schedule: 10.01.2023 - 23.02.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Vikash Sinha

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

• valid for whole curriculum period:

  The course material is primarily divided into five topics.
  I. Organizational/Process perspectives on risk - enterprise risk management, risk culture
  II. Corporate governance and risk management - three lines of defence, COSO ERM & IC - risk appetite, risk
  oversight, risk analysis
  III. ISO 31000 standard and network and individual perspectives on risks
  IV. Risk management, management accounting & risk regulation
  V. Risk reporting

Assessment Methods and Criteria

• valid for whole curriculum period:

  - Exam (40 points; 40 %)

  - Exercises (60 points, 60 %)

  To pass the course, student must obtain:

  1. a) at least 20 points from the exam, and
  2. b) at least 50 points from the whole course (exam + exercises).

Workload

• valid for whole curriculum period:

  Total 160 h, including

  - Contact teaching - 28 hr

  - individual assignment - 30 hr

  - Group assignment - 32 hr

  - Exam Preparation - 35 hr

  - Reading - 17 hr

  - self-study - 18 hr

   

DETAILS

Substitutes for Courses

• valid for whole curriculum period:

  Substitutes for Courses

Prerequisites

• valid for whole curriculum period:

  Prerequisites

SDG: Sustainable Development Goals

12 Responsible Production and Consumption

FURTHER INFORMATION

Further Information

• valid for whole curriculum period:

  Teaching Language : English

  Teaching Period : 2022-2023 Spring III
  2023-2024 Spring III

  Enrollment :

  Registration for courses: in Sisu.

Description