ABL-E1400 - Risk Management: Organization & Control, Lecture, 7.1.2025-19.2.2025

Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

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: 07.01.2025 - 19.02.2025

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 defense, 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 & Sarbanes-Oxley (SOX) Compliance

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

Study Material

  • valid for whole curriculum period:

    Readings announced at the beginning of the course.

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    12 Responsible Production and Consumption

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Spring III
    2025-2026 Spring III

    Registration:

    Registration for courses in Sisu.

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof