Strategic Risk Management

Description

This module provides students’ with the skills to Identify, evaluate and manage various risks that could adversely affect the implementation of the organisation’s strategy.

Aims

The aim of this module is to equip students with the competencies required to analyse, evaluate and apply the techniques, processes and internal control systems required to manage risk.

Learning Outcomes

By the end of this module the student should be able to:

1.  Identify, evaluate and manage various risks that could adversely affect the implementation of the organisation’s strategy.

2.  Analyse, evaluate and apply the techniques, processes and internal control systems required to manage risk.

3.  Manage the risks associated with both cash flows and capital investment decisions – two important areas of organisational life for which the finance function is responsible.

Indicative Content

1 Identification, classification and evaluation of risk.

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2 Responses to strategic risk

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3 Internal controls to manage risk

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4 Managing risks associated with cash flows and capital investment decisions

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Statement on Teaching, Learning and Assessment

The lectures will provide key input on concepts and contexts and provide recommended reading while the weekly tutorials will involve problem-solving exercises. This is reflected in the learning workload below.

Teaching and Learning Work Loads

Total 200
Lecture 14
Tutorial/Seminar 28
Supervised Practical Activity 0
Unsupervised Practical Activity 0
Assessment 60
Independent 98



Guidance notes

Credit Value – The total value of SCQF credits for the module. 20 credits are the equivalent of 10 ECTS credits. A full-time student should normally register for 60 SCQF credits per semester.


Disclaimer

We make every effort to ensure that the information on our website is accurate but it is possible that some changes may occur prior to the academic year of entry. The modules listed in this catalogue are offered subject to availability during academic year 2019/10 , and may be subject to change for future years.