Study Guide

Objective

The student has an overall understanding of risks, risk management and corporate security and their meaning in business. He/she recognises internal, external and international risks.
The student is able to identify and assess risks and is able to apply risk management tools.
The student recognises risk management as a crucial part of business management.
He/she knows regulations and ethical principles governing the safety of business and risk management.

Competences: Law and Risk Management Competence

Content

- risk management

- corporate security

- different types of risks

- risk assessment

- risk management plan

- risk management tools

- risk management regulation

Location and time

January -February 2025

Materials

Lesson material in Moodle

Internet Links

Paul Hopkin: Fundamentals of Risk Management

Teaching methods

Lessons, exercises, independent work

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Level 1
Risk Management:
The student recognises the basic terms and concepts of risks and risk management and corporate security and is able to identify business risks and risk management tools.
He/she recognises risk management as a crucial part of business management.
He/she knows some regulations governing risk management and corporate safety.

Level 2
Risk Management:
The student understands independently terms and concepts of risks and risk management and corporate security and knows business risks and risk management tools.
The student can use some of tools in basic level.
Under her/his guidance he/she understands guided management as a crucial part of business management.
He/she knows regulations governing risk management and corporate safety

Assessment criteria, good (3)

Level 3
Risk Management:
The student is able to make a risk assessment and choose risk management tools and use them accordingly.
He/she understands risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Level 4
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them.
He/she understands well risk management as a crucial part of business management.
He/she understands risk management and corporate security terms and regulation.

Assessment criteria, excellent (5)

Level 5
Risk Management:
The student is able to make a risk assessment and risk management plan and assess them critically.
The student has a command of the risk management and corporate security terms and regulation.
He/she understands risk management as a success factor in business ensuring a company’s operations.

Assessment methods and criteria

Evaluation
• Excellent 5 = risk assessment / safety document is made to a real company. All Important
parts of document are told and included. There are documented contacts or visits to the organisation.
• Good 4 = risk assessment / safety document is made to a real company. Most of the
Important parts of document are told and included.
• Good 3 = risk assessment / safety document is made to a fictional company. Most of the
important parts of document are told and included.
• Because of it is a question of safety and security, no lower grades are
allowed

Qualifications

NULL