Module details for 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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Teaching and Learning Work Loads

For session 2020/21 the expectation is that the teaching and learning hours stated in this descriptor will form a mix of synchronous and asynchronous student/staff activity, with the majority of this being online. The exact pattern of this activity is likely to vary from the standard face-to-face hours listed below but the overall student effort remains the same. Up-to-date information on the delivery of the module can be found on the relevant module MLS site and on your student timetable.

Teaching and Learning Method Hours
Lecture 14
Tutorial/Seminar 28
Practical Activity 0
Assessment 60
Independent 98
Total 200



Guidance notes

SCQF Level - The Scottish Credit and Qualifications Framework provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

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 2020/21 , and may be subject to change for future years.