Module title: Corporate Risk Management

SCQF level: 09:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: FIN09104
Module leader: David Potter
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

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2019/0, Trimester 2, Face-to-Face, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: David Potter
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning and teaching methods including their alignment to LOs

This module is delivered in taught and distance learning mode and study guides are made available to students which take them through the syllabus. Each learning outcome is allocated either one or two units in the study guide. On the full-time taught mode, there is one two hour class per week across twelve weeks. An introductory lecture and a summary at the end of the semester along with one hour allocated to each unti in the syllabus. The first hour is in lecture mode with some discussion of key issues while the second consists of group work incorporating a powerpoint presentation and discussion. The presentation topics are related to the learning oytcomes although, due to the need for everyone to participate in a presentation, some outcomes have more than one topic. The overall structure endeavours to encourage students to understand the wide range of issues which face organisations in terms of effective management of the risks which confront them. In doing this, every effort is made to ensure that the theoretical appraoch is combined with practical examples.

Embedding of employability/PDP/scholarship skills

Key employability skills are embedded: Group work in that students prepare their tutorial presentations in small teams. Communication - written through coursework and examination and oral in the delivery of the group presentation. IT throught the preparation of the powerpoint presentation. Business awareness through the efforts made to understand the ways in which risks are managed in a practical business environment.

Assessment (formative and summative)

Formative assessment incorporates an essay of around 2,000 words in length. The emphasis in the assignment is on the relatively recent concept of enterprise risk management. This is an holistic approach to the subject and, consequently, students are expected to cover a number of the learning outcomes in dealing with an assessment

Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 12
Face To Face Practical classes and workshops 12
Independent Learning Guided independent study 174
Face To Face Centrally Time Tabled Examination 2
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Essay 30 ALL 11 HOURS= 0, WORDS= 2000
Centrally Time Tabled Examination 70 ALL 14/15 HOURS= 2, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100
2019/0, Trimester 2, Blended, Edinburgh Napier University
Occurrence: 003
Primary mode of delivery: Blended
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: David Potter
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning and teaching methods including their alignment to LOs

This module is delivered in taught and distance learning mode and study guides are made available to students which take them through the syllabus. Each learning outcome is allocated either one or two units in the study guide. On the full-time taught mode, there is one two hour class per week across twelve weeks. An introductory lecture and a summary at the end of the semester along with one hour allocated to each unti in the syllabus. The first hour is in lecture mode with some discussion of key issues while the second consists of group work incorporating a powerpoint presentation and discussion. The presentation topics are related to the learning oytcomes although, due to the need for everyone to participate in a presentation, some outcomes have more than one topic. The overall structure endeavours to encourage students to understand the wide range of issues which face organisations in terms of effective management of the risks which confront them. In doing this, every effort is made to ensure that the theoretical appraoch is combined with practical examples.

Embedding of employability/PDP/scholarship skills

Key employability skills are embedded: Group work in that students prepare their tutorial presentations in small teams. Communication - written through coursework and examination and oral in the delivery of the group presentation. IT throught the preparation of the powerpoint presentation. Business awareness through the efforts made to understand the ways in which risks are managed in a practical business environment.

Assessment (formative and summative)

Formative assessment incorporates an essay of around 2,000 words in length. The emphasis in the assignment is on the relatively recent concept of enterprise risk management. This is an holistic approach to the subject and, consequently, students are expected to cover a number of the learning outcomes in dealing with an assessment

Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 12
Face To Face Practical classes and workshops 12
Independent Learning Guided independent study 174
Face To Face Centrally Time Tabled Examination 2
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Essay 30 ALL 11 HOURS= 0, WORDS= 2000
Centrally Time Tabled Examination 70 ALL 14/15 HOURS= 2, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Description of module content:

Features of risk, levels of risk, classification of risk, cost of risk, organisation of risk
Essentials of risk management, risk identification methods, risk analysis and evaluation, physical and financial control methods
Risk behaviour analysis, risk and decision-making
Loss prevention and reduction, loss accumulation
Contingency planning, business continuity planning, disaster recovery concept and techniques
Insurance and non-insurance transfer, limitations and constraints of insurance, advantages of insurance
Risk financing, full and partial retention alternatives, captives
The emerging concept of enterprise risk management

Learning Outcomes for module:

LO1: Critically review the philosophy of risk management and its application in different organisations
LO2: Critically 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 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

Indicative References and Reading List - URL:
Contact your module leader