There are no pre-requisites for this module to be added

This module covers essential topics related to corporate risk management, including the features of risk, cyber-related risks, and financial crime, as well as the essentials of risk management, organisational risk, risk culture, and communication.During the module, you will also become familiar with risk behaviour analysis, risk and decision-making, enterprise risk management, contingency planning, insurance and non-insurance transfer, risk financing, loss prevention and reduction, and loss accumulation.

Upon completion of this module you will be able to

LO1: Critically review the philosophy of risk management and its application in different organisations.

LO2: Evaluate the techniques of risk management in a variety of situations and in response to changing risk patterns.

LO3: Analyse the impact of human behaviour on attitudes to risk.

LO4: Critically appraise the factors that risk managers need to take into account in order to prevent or restrict the extent of loss.

LO5: Analyse and evaluate the various financing techniques available to the risk manager in dealing with risk.

LO6: Analyse the current developments which are taking place in the area of risk management, in particular, the more holistic approach which is incorporated in the concept of enterprise risk management.