Undergraduate Course: Risk Management (BUST10036)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 10 (Year 3 Undergraduate)	Availability	Available to all students
SCQF Credits	20	ECTS Credits	10
Summary	The 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.
Course description	Not entered

Entry Requirements (not applicable to Visiting Students)
Pre-requisites		Co-requisites
Prohibited Combinations		Other requirements	Business Studies Honours entry

Information for Visiting Students
Pre-requisites	Visiting 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.

Course Delivery Information

Academic year 2014/15, Available to all students (SV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
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 )
Assessment (Further Info)	Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Additional Information (Assessment)	Coursework 30% -Individual Essay (2000 words) Degree examination 70% -2 hours
Feedback	Not entered
Exam Information
Exam Diet	Paper Name		Hours & Minutes
Main Exam Diet S2 (April/May)			2:00

Academic year 2014/15, Part-year visiting students only (VV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
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 )
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	Coursework 30% -Individual Essay (2000 words) Degree examination 70% -2 hours
Feedback	Not entered
No Exam Information

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.

Reading List
Main Course Texts: John Adams, "Risk", University College Press. Ansell & Wharton, "Risk - Analysis, Assessment and Management", John Wiley and Sons

Additional Information
Graduate Attributes and Skills	Not entered
Keywords	RM

Contacts
Course organiser	Dr Jake Ansell Tel: (0131 6)50 3806 Email: J.Ansell@ed.ac.uk	Course secretary	Miss Anastasia Fliatoura Tel: (0131 6)50 3826 Email: Anastasia.Fliatoura@ed.ac.uk