Risk Management
Component code / course code: UF-28.2
Semester: winter / summer
ECTS credits: 2
Lecture hours per week (SWS): 2
Lecturer: Prof. Dr. Hebeler
Language: German / English
Prerequisites:
No special knowledge is required that goes beyond the competences acquired in the basic studies.
Qualification objectives:
The students recognise risks in companies, they can evaluate and control them. The students can understand and apply sound concepts, processes, methods and instruments of risk management. They know how a company sets up a risk
management system and implements it operationally. They can evaluate proposed solutions for the design of a risk management system, analyse selected issues of risk management and, based on this, develop independent proposals for solutions. As a result, students are able to manage companies in such a way that risks are controlled or avoided.
Course contents:
- Risk management process (risk identification, assessment, management)
- Legal framework of risk management (KonTraG, MaRisk)
- Know, understand and assess forms of risk (market price risk, regulatory risk, operational risk, IT, ...)
- Extensive case studies on the tasks of risk management
- Get to know, understand and apply risk measurements by means of Value at Risk
- Basic hedging strategies and options for action in operational risk management
- Reporting and risk management (risk culture, early warning system, publication obligations)
- Risk management systems (components, implementation, basic functions)
Teaching format (e.g. online/in person lecture/Seminar/Lab etc.): Lecture
Examination type: written exam
