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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2013/2014
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DRPS : Course Catalogue : Business School : Business Studies

Undergraduate Course: Risk Management (BUST10036)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) Credits20
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThe course provides students with an appreciation of the issues, techniques and concepts in risk management. Risk management is the ability to identify, analyse, evaluate and absorb risk which allows the individual or organisation to manage risk in their activities or their organisations.

The course is divided into two main parts: Theory and Practice. The theory is divided into four main subsections: Identification, Analysis, Evaluation and Absorption. The practice part is divided into Health and Safety, Industrial Risk, Medical Risk, Financial and Insurance Risk and Transport Risk.

The course is delivered through lectures, seminars and self-experiential learning. The lectures provide the concepts and approaches to risk management, they also provide a series of generalised case studies, taking specific areas of the application of risk management. The seminars provide opportunities to discuss relevant issues associated with the course material, specifically seminars are given on the requirements for coursework and the preparation for the examination. An aspect of the course work is to allow the student to gain experience of research as they apply risk management techniques to their own chosen topic.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements Business Studies Honours entry
Additional Costs None
Information for Visiting Students
Pre-requisitesVisiting students should have at least 3 Business Studies courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2013/14 Semester 1, Available to all students (SV1) Learn enabled:  Yes Quota:  None
Web Timetable Web Timetable
Class Delivery Information available to 3rd & 4th year students.
Course Start Date 16/09/2013
Breakdown of Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Summative Assessment Hours 2, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 172 )
Additional Notes
Breakdown of Assessment Methods (Further Info) Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)2:00
Delivery period: 2013/14 Semester 1, Part-year visiting students only (VV1) Learn enabled:  No Quota:  None
Web Timetable Web Timetable
Class Delivery Information available to 3rd & 4th year students.
Course Start Date 16/09/2013
Breakdown of Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 176 )
Additional Notes
Breakdown of Assessment Methods (Further Info) Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
No Exam Information
Summary of Intended Learning Outcomes
Knowledge & Understanding

On completion of the course students should be able to:
a) describe the approaches taken in risk management;
b) critically review the approaches used in risk management;
c) apply the approaches to specific context, which includes the selection and implementation.



Cognitive Skills

On completion of the course students should be able to demonstrate:
a) they can describe the approaches to risk management;
b) they can critically review the techniques used in risk management
c) to apply risk management techniques to specific context.

Key Skills

On completion of the course the students should be able to:
a) demonstrate their ability to plan and implement risk management approaches to a real world activity or organisation which includes selection and evaluation of the approach;
b) demonstrate they can present findings of their risk analysis of an activity or organisation in a written form.

Subject Specific Skills

On completion of the course the students should be able to:
a) develop their critical and evaluatory skills in dealing with application of risk management to real-world activities or organisation.
Assessment Information
Coursework 30%
-Individual Essay (2000 words)

Degree examination 70%
-2 hours
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Main Course Texts:

John Adams, "Risk", University College Press.

Ansell & Wharton, "Risk - Analysis, Assessment and Management", John Wiley and Sons
Study Abroad Not entered
Study Pattern Not entered
KeywordsRM
Contacts
Course organiserDr Jake Ansell
Tel: (0131 6)50 3806
Email: J.Ansell@ed.ac.uk
Course secretaryMiss Carolyn Alexander
Tel: (0131 6)50 3826
Email: Carolyn.Alexander@ed.ac.uk
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