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2026/2027  MA-MMBDV2604U  Risk Management and Compliance

English Title
Risk Management and Compliance

Course information
Language English
Course ECTS 5 ECTS
Type Elective
Level Part Time Master
Duration One Semester
Start time of the course Autumn, Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 10
Max. participants 30
Study board
Study Board for Master i forretningsudvikling
Programme Master of Business Development
Course coordinator
  • Torben Juul Andersen - Department of International Economics, Goverment and Business (EGB)
Main academic disciplines
  • Managerial economics
  • Accounting
Teaching methods
  • Face-to-face teaching
Last updated on 18-06-2026

Relevant links
Learning objectives
  • Demonstrate an understanding of how to think about risks and what to measure, different ways to enforce compliance and the value for the financial sector.
  • Identify and explain theories and models in your own organization or other chosen empirical context.
  • Evaluate and reflect on the big picture of compliance and risk management.
Course prerequisites
This course is relevant for all interested in the growing and changing field of compliance and risk management in general, and financial sector specifically.
Examination
Risk Management and Complience:
Exam ECTS 5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Release of assignment An assigned subject is released in class
Duration Written product to be submitted on specified date and time.
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter and Summer
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content, structure and pedagogical approach

The course explores how to identify major organizational risks in today’s complex business landscape. You’ll work with both formal risk management frameworks designed for proactive planning and informal approaches to handle unexpected challenges as they arise. 


It also examines emerging risks linked to technologies such as artificial intelligence and unregulated digital systems. In addition, it considers the growing impact of regulatory initiatives, including expanded requirements around risk reporting, ESG disclosures, and environmental accountability, all of which add complexity to today’s compliance landscape. While traditional risk management tends to focus on identifiable risks, this course prepares you to lead confidently in a global economy shaped by rapid technological innovation, shifting regulations, and ongoing social and political change.

 

Your benefits

  • Identify, assess, prioritize, treat, and monitor major risks
  • Communicate, measure, and report organizational exposures
  • Address uncertain and unexpected developments in complex contexts
  • Connect risk assessment and strategy-making
  • Respond to regulatory initiatives and evolving reporting requirements
  • Engage in satisfactory practices for compliance reporting
  • Implement proper risk governance structures
  • Induce strategic risk leadership

 

Themes

  • Modern risk management practices and frameworks
  • Exposure measurement, reporting, and compliance
  • Imposing flexibilities for agility and adaptive moves
  • Behavioural and psychological challenges
  • Forming a risk-aware corporate culture
  • Creating strategic adaptability
Research-based teaching
CBS’ programmes and teaching are research-based. The following types of research-based knowledge and research-like activities are included in this course:
Research-based knowledge
  • Classic and basic theory
  • New theory
  • Teacher’s own research
Research-like activities
  • Analysis
  • Discussion, critical reflection, modelling
Description of the teaching methods
This course will make use of short lectures, guest presentations, simulations, exercises, and workshops. There will always be two lecturers at each session.
Feedback during the teaching period
Feedback during lectures will be possible.
Student workload
Preparation and exam 109,5 hours
Teaching 28 hours
Last updated on 18-06-2026