Integrated Risk Management

2022/2023

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

Практико-ориентированные магистерские программы факультета экономических наук

Course type:

Elective course

When:

1 year, 4 module

Instructors

Grishunin, Sergei

Dranev, Yury

Course Syllabus

Abstract

Recently, financial and non-financial companies entered the era of Fourth Industrial revolution (Industry 4.0). It opens up new opportunities for companies to boost profitability and value, but increases their exposure to risks (including fundamentally new risks). To survive in this turbulent and volatile environment companies must adopt the new generation of risk management system – risk intelligent enterprise. It (1) aligns and people, process, tools, technologies, and governance into one system; (2) fosters decision making in the “value-risk” coordinates; (3) accelerates the attainment of strategic goals, drives resilience and delivers enhanced financial results. The course is included into the professional optional part of the online degree Master program and is designed to develop main methodological provisions, frameworks of intelligent approach in risk management and primary skills in integrating risk management into strategic management and business planning.