Master 2024/2025

Integrated Risk Management

Type: Elective course (Master of Business Analytics)

Area of studies: Finance and Credit

Delivered by: Master's Programmes Curriculum Support

Where: Faculty of Economic Sciences

When: 1 year, 4 module

Mode of studies: distance learning

Online hours: 20

Open to: students of one campus

Instructors: Sergei Grishunin

Master’s programme: Магистр аналитики бизнеса

Language: English

ECTS credits: 3

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.