Risk Management
Course Code: MGT001457
Offered: Every term
Spots: ~20 Studierende (Management Fokus)
📚 Description of coursework
This hands-on seminar introduces students to the key concepts, tools, and challenges of modern risk management. Participants gain a structured understanding of how organizations identify, assess, and mitigate risks in order to make better decisions and build more robust and resilient companies.
The course covers the foundations of risk management, different types of risks, the psychology of risk perception, decision-making under uncertainty, and practical risk management strategies. It also addresses broader perspectives such as risk culture, ethics, new technologies including AI, best-practice companies, and real-world case studies.
By the end of the seminar, participants will have developed both a conceptual understanding of risk management and the ability to apply risk management thinking to practical business situations.
🎯 Learning outcomes
Die Students learn:
- Acquisition of sound knowledge of the core concepts, processes, and strategic relevance of risk management in organizations.
- Ability to identify, categorize, and evaluate different types of risks, including strategic, operational, compliance, reputational, and emerging technology-related risks.
- Understanding of how psychological factors, heuristics, and biases influence risk perception and managerial decision-making.
- Ability to apply risk management strategies and tools, such as diversification, risk mapping, and structured risk assessment, to real-world cases.
- Development of a critical understanding of risk culture, ethics, and the role of new technologies such as AI in contemporary risk management.
- Strengthening of analytical, presentation, and problem-solving skills through case-based and practice-oriented seminar work.
📌 Deliverables
1) Quellenpräsentation
Jede:r Studierende präsentiert die zentralen Erkenntnisse aus dem zugeteilten Quellenpaket.
2) Abschlusspräsentation „Investor Pitch“
Die Teams entwickeln und präsentieren ein GovTech-Konzept für eine innovative Lösung im öffentlichen Sektor.
Our Team
Maximilian Rink
Research associate & PhD candidate