Enterprise Risk Management

The course aims at providing a thorough survey of theoretical and empirical work in modern risk management, as well as review modern best practice in risk management. The course aims at explaining theories of value-enhancing risk management and the entirety of the risk management process with a specific focus on enterprise-wide approach to risk management. Topics covered in the course are:

• Risk and individual behavior
• Theory of value-enhancing corporate risk management
• Risk governance
• Identification, measurement, and monitoring of risk
• Risk control tactics, including insurance, hedging and internal risk control
• Risk management structure, specifically enterprise risk management