NA_RiM Risk Management

University of Finance and Administration
Winter 2024
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Miroslav Halouzka, CSc. (seminar tutor)
Guaranteed by
doc. RNDr. Petr Budinský, CSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Bc. Kateřina Konupková
Timetable of Seminar Groups
NA_RiM/cECPH: Tue 15:45–16:29 S22, Tue 16:30–17:15 S22, M. Halouzka
NA_RiM/pECPH: Tue 14:00–14:44 S22, Tue 14:45–15:30 S22, M. Halouzka
Prerequisites
There are no prerequisites for this course.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
Mastering the overall issue of risk management in the company, outline history and explanation of the broader context of risk. Clarification of risk management processes and their links to business processes particularly strategic and operational controlling. Risk mitigation and its methods. Interpretation of the organization's risk management businesses (including the differences between small, medium and large enterprises). After completing the course the student will learn fundamental issues of risk management in the system, particularly the issue of identification, analysis, and implementation of risk management in the context of whole system of management.
Learning outcomes
After completing the course the student will learn fundamental issues of risk management in the system, particularly the issue of identification, analysis, and implementation of risk management in the context of whole system of management
Syllabus
  • Osnova přednášek:
  • 1. Basic terms- yield,risk,liquidity in financial sector.Business risks, Markowitz model.
  • 2. Risk Clasification, International Agreements on Bank Risk Management -BASEL and For Insurence Companies Risk Management SOLVENCY 3. Market Risk,Substance of Interests Risk and Currency Risk.
  • 4. Credit risk, description of Clientś Creditwortheness,Rating and scoring - Altman Model 5. Derivates of Financial Market (Options,Forwards-Futures,Swap).Tools for Risk diminishing.
  • 6. Meaning of Project,Process,Inovations and Technological Risks (Used Indicators for technological risks).
  • 7RISK MANAGEMENT- Traditional nad Actual Risk Approach, Phases of Risk Management - Description.
  • 8. RISKS in Foreign Trade Transactions. 9.Quantitative and Qualitative Methods of Risk Measurement.VALUE AT RISK,What does it mean GAP and DURACE METHODS.
  • 10. Another Risk Classification on Systematic and Non-systematic risk,Dynamic and Static risks.Poor Risk and Speculative Risk. 11. BUSINESS RISKS (Strategic Risks,Operation Risks,Non-Confirmity risks, Internal Financial Risks.
  • 12. RiSK DIMINISHING METHODS ( Substitution,Transfer,Reserve creation...)
Literature
    required literature
  • LINDAUER, Roman. Modern risk management remarks. Prague: Oeconomica, 2017, 98 s. ISBN 978-80-245-2206-7.
  • DVOŘÁK, Michal. International investing and market risk in practical examples. Praha: Oeconomica, 2018, 210 s. ISBN 978-80-245-2267-8.
    recommended literature
  • OCHRANA, František, Milan PŮČEK a Michal PLAČEK. Detecting and reducing corruption risk and fraud in the public sector. Praha: Karolinum Press, 2017, 134 s. ISBN 978-80-246-3589-7.
  • Yi Li, Ju'e Guo, Kin Keung Lai. Strategies for Supply Chain Risk Management. 2023 ISBN 9781032344195
  • Piotr Jedynak, Sylwia Bąk. Risk Management in Crisis Winners and Losers during the COVID-19 Pandemic. 2023. ISBN 9780367674557
Teaching methods
Teaching full-time study consists of lectures. In the combined studies students are taught in the form of managed group consultations. The teaching will be a complemented theory with practical examples which enable students make an idea of the role of audit in business management. The participation will require some degree of preparedness of students following the curriculum to allow informed debate on the topics discussed. The minimum mandatory attendance is for the full-time students 75% and for the part-time students 50%. Students who fail to meet the mandatory scope of participation may be given additional study obligations that would demonstrate knowledge of the issues and the acquisition of competencies necessary for successful completion of a course.
Assessment methods
The course ends with an examination which precedes the granting of credit. The condition for granting credit is an active participation in seminars min 75%. (The absence the student teacher may be stored develop additional essay.) Essay and papers by entering their presentations at the seminar. The exam consists of a written test, which is followed by an oral examination
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 16 hodin KS/semestr.
The course is also listed under the following terms Summer 2020, Winter 2020, Winter 2021, Winter 2022, Winter 2023.
  • Enrolment Statistics (recent)
  • Permalink: https://is.vsfs.cz/course/vsfs/winter2024/NA_RiM