Business Management FT
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Risk Management

level of course unit

first cycle, Bachelor

Learning outcomes of course unit

Students:
• are familiar with the legal fundamentals and framework conditions of risk management.
• are able to match tasks with the individual phases of a risk management cycle.
• are able to identify and classify different types of risk.
• are able to quantify and assess risks.
• are able to develop and interpret a risk matrix.
• are able to deduct measures for risk management.
• understand the fundamentals of risk controlling.

prerequisites and co-requisites

not applicable

course contents

Part A: Differentiation between risk and risk management
Businesses and their objectives, risk & risk management, framework conditions for risk management, closed loop of risk management, phases and tools, fundamentals of rating
Part B: Risks in the area of finance
Direct financial risks (market and translation risk), indirect financial risks (credit risk, default risk, legal risk, liquidity risk), requirements for RM in the area of finance
Part C: Business risks / operational risks
Same risks in different business divisions, risks in procedural processes, risks for staff, requirements for RM in the operational field
Part D: Presentation of risks and assessment of risks
Risk quantification and risk matrix, risk prevention and risk shifting, organization of risk management

recommended or required reading

Romeike, F.; Hager, P. (2013): Erfolgsfaktor Risiko-Management 3.0: Methoden, Beispiele, Checklisten Praxishandbuch für Industrie und Handel. 3. Aufl., Wiesbaden:Gabler. Vanini, U. (2012): Risikomanagement: Grundlagen, Instrumente, Unternehmenspraxis. Stuttgart: Schäffer-Poeschel. Gleißner, W. (2008): Grundlagen des Risikomanagement im Unternehmen. Controlling, Unternehmensstrategie und wertorientiertes Management. 2. Aufl., München: Vahlen. Kramer, J. (2002): Vom Rechnungswesen zum Risikomanagement: aktuelle Fragestellungen im Controlling. München u. Mering: Hampp.

assessment methods and criteria

written examination

language of instruction

German

number of ECTS credits allocated

2

planned learning activities and teaching methods

Lecture, group work, presentation and task discussion

semester/trimester when the course unit is delivered

4

name of lecturer(s)

Prof. (FH) DDr. Mario Situm

year of study

2.year of studies

recommended optional program components

not applicable

course unit code

FUS.3

type of course unit

compulsory

mode of delivery

In-class course

work placement(s)

not applicable