English   Danish

2021/2022  DIP-DIBUO1004U  Risk Management

English Title
Risk Management

Course information

Language English
Course ECTS 5 ECTS
Type Mandatory
Level Graduate Diploma
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Graduate Diploma in Business Administration (part 2)
Course coordinator
  • Björn Preuss - Department of International Economics, Goverment and Business (EGB)
Main academic disciplines
  • Globalisation and international business
Teaching methods
  • Blended learning
Last updated on 25-06-2021

Relevant links

Learning objectives
  • Explain the motivation for risk management
  • Characterize and describe the global risk environment of the firm.
  • Identify, measure and monitor a firm’s global financial and economic exposures.
  • Knowing about the pros- and cons- of different risk management frameworks
  • Assess alternative ways to mitigate and deal with corporate risks under uncertain and unpredictable market conditions
  • Consider proper governance of the strategic risk management process in a multinational corporation, operating in turbulent global markets
Examination
Risk Management:
Exam ECTS 5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Individual oral exam based on written group product
Number of people in the group 3
Size of written product Max. 10 pages
Assignment type Project
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Spring
Make-up exam/re-exam Oral Exam
Duration: 20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time: No preparation
Examiner(s): If it is an internal examination, there will be a second internal examiner at the re-exam. If it is an external examination, there will be an external examiner.
Course content, structure and pedagogical approach

This course introduces risk management form a corporate perspective. It will help to identify and manage risk with a view towards improving a firm’s risk position. It will show which result the absence of such methods can have on a corporate outcome. In practice, risk management refers to structured processes of avoiding, reducing or managing events that can damage individual organizations. To highlight its practical applicability, we will use cases to highlight and exercise the key concepts and frameworks introduced in the course. The course will start with the nature of risk management and its strategic importance. We will go through economic factors impacting the risk of an organization and show ways to manage it. The focus on different risk management practices will lead us to some critique on established enterprise risk management frameworks.

Description of the teaching methods
Lectures and case studies combined with in class discussion
Feedback during the teaching period
Students receive continuous feedback in the sessions where they are asked to apply concepts of Risk Management to problem statements. During class, we discuss concepts, and students are actively involved in the discussion, giving them the opportunity to get direct feedback on their way of thinking about corporate finance theories and concepts.
Throughout the application of quizzes in canvas, the students get after making a quiz direct feedback from the teacher or the system.

The exercises, quizzes, and discussions are linked to some of the learning objectives of this course, meaning that feedback activities can help you familiarize yourself with the assessment method of the course as well as to provide you with a clear indication of the standards expected from your work. Further feedback by teachers is offered in response to questions by individual students or groups. Students are at all times able to reach the teacher by email to ask questions or schedule meetings if needed.
Student workload
Lectures 24 hours
Written exam 20 hours
Further Information

This course begins in April 2022

 

Written exam hand-in May 2022 - date will follow.

 

Oral exam will take place in June 2022

Last updated on 25-06-2021