Corporate Risk Management (German)

Brief description

  • Risk terminology
  • System of corporate risks
  • Legal framework of risk management
  • Code of corporate governance
  • In-company implementation of risk management
  • Risk identification (early warning systems, failure mode and effect analyses, risk workshops, standardised questionnaires, fault tree analyses, company visits, brainstorming etc.)
  • Risk assessment (expected value of damage, expert assessments, sensitivity analyses, value at risk, scoring models, risk premium models, regression and correlation analysis)
  • Risk aggregation (risk inventory, risk map, risk cube, risk portfolio)
  • Risk control and monitoring (risk strategy, risk avoidance, risk minimisation, risk diversification, risk prevention, risk limiting, early warning indicators, risk-based indicator systems)
  • Risk reporting
  • Risk management and controlling

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Gleißner: Grundlagen des Risikomanagements, Mit fundierten Informationen zu besseren Entscheidungen

Planned learning activities and teaching methods

Integrated course, combining lectures, discussion and student presentations of prepared examples

Assessment methods and criteria

Continuous assessment: 30 points can be obtained through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam.

Prerequisites and co-requisites

Financial Accounting and Financial Statement Analysis, Financial Management and Investment Decisions, Cost Accounting and Budgeting, Cost Management, Company Valuation

Infos

Degree programme

European Economy & Business Management (Bachelor)

Cycle

Bachelor

ECTS Credits

2.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2023

Semester

5 WS

Incoming

No

Learning outcome

After successful completion of this course, the students can:

  • explain the legal framework for corporate risk management
  • systematically identify major corporate risk factors
  • select and apply tools to manage corporate risks
  • support management of corporate risks
  • combine data into a risk report.
The learning outcomes of this course contribute mainly to the following (international) programme learning outcomes:
LO 3.2
LO 4.1
LO 5.1

Course code

0389-20-01-VZ-DE-59a