N_RR Risk Management

University of Finance and Administration
Summer 2016
Extent and Intensity
2/1. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Endre Tóth, DrSc. (seminar tutor)
Guaranteed by
doc. Ing. Endre Tóth, DrSc.
Department of Economics and Management – Departments – University of Finance and Administration
Contact Person: Ing. Edita Jerie, DiS.
Timetable of Seminar Groups
N_RR/cRPH: each odd Wednesday 14:00–14:44 S14, each odd Wednesday 14:45–15:30 S14, E. Tóth
N_RR/pRPH: Wed 12:15–12:59 S14, Wed 13:00–13:45 S14, E. Tóth
N_RR/uRPH: Tue 5. 4. 15:45–17:15 S13, 17:30–19:00 S13, Tue 19. 4. 15:45–17:15 S14, 17:30–19:00 S14, E. Tóth
N_RR/vRPH: Sat 2. 4. 9:45–11:15 S11, 11:30–13:00 S11, Sat 16. 4. 9:45–11:15 S32, 11:30–13:00 S32, E. Tóth
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. Internal and external risks (detailed analysis of key risks). Classification of risks. Analysis and risk assessment. 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
Syllabus
  • 1.Introduction to risks in business and management. Historical context and overall risk management with business management. 2.Process model management and its links to risk management. Control, management and control of risks. Links to controlling risk management (especially on strategic and operational controlling) . The system view on risk management. 3.The risk management process and its phases. Options structuring the process of risk management models used in the Czech Republic, in the corporate and public sectors. 4.The Internal risks in the enterprise. Risks owner, statutory and executive management. Strategic risks and operational risks. Risk of loss of image. Financial risks. Commercial risks. Risk information system, communication technology and competitive intelligence. Risks receivables, projects, natural and ecological risks. The risk of leakage of intellectual property. Risk of "tunneling" (asset stripping) . 5. The External (outsourced) risks. Bank of risk, insurance risk, market securities. Customer - supplier risk. Political risks. Risk of technological progress. Risks industry . Global risk. The risks of corruption. Resolution on the risks of so-called soft (marketing, human resources,innovation ),and hard risks (financial and business), their relationship to short-term and long-term plans and company operations. 6.Tte Systemic risk classification. The risk of a speculative business. Total and residual risk. Elementary and superstructure , fixed and variable risk. Dynamic, acceptable , voluntary risk. Holistic risk. Risks vis mayor, influenced and uninfluenced risk. Threats and vulnerabilities of the company. Chance and risk. 7.The Perception, recognition and identification of risks. List (register) risks. The empirical identification of risk. Questionnaire method. Delphi method . Process identification, risk models, and network diagrams. 8.The Causal analysis and risk management processes. Sense, methods and forms of recovery of causality. Causal models and risks. Interaction models. Feared consequences of risks and their relationship to strategy, controlling and surgery.Risk management standards (ISO 31000). 9. Tte Analysis and risk assessment. Drafts evaluation. Evaluation criteria ( probability / impact)and other criteria. Rating scale. Elementary and complex methods. Risk audit. 10.The Risk mitigation. Selection, retention, retardation, reduction, transfer and insurance, maintenance and diversification of risk. Provisions, and mitigate risks. 11.The Risk management organization in the enterprise. Risk Manager, its profile and activities. Organizational forms. Affiliation activities other position. Risk management as a staff department as a functional unit, risk manager as an executive director and other solutions. Holders of risk and responsibility. Risk management committees. Checking (supervision), monitoring and internal audit risks. Compliance risk, compliance and non-compliance, analysis and solutions. Compliance management processes. Fraud Risk Management. 12. The Differences in risk management in large and small enterprises. Measures to address risks. Ownership, corporate, executive and business decisions, orders, directives and other acts of registration and inspection. Expected effects of risk management.
Literature
    required literature
  • Smejkal Vladimír, Rais Karel:Řízení rizik ve firmách a jiných organizacích, GRADA, 2013, 4.vydání. ISBN 80-247-1667-4
  • Kubeš Jiří: Jak vítězit nad riziky. Linde 2011. ISBN 978-80-7201-835-2
    recommended literature
  • Zuzák Roman, Marie Könikgová: Krizové řízení podniku.2.vydání.Grada 2009
  • Merna, Tony. Risk management - Řízení rizik ve firmě. Brno : Computer Press, a.s., 2007. 194 s. ISBN 978-80-251-1547-3
  • Náhradní obsah: Kafka Tomáš: Průvodce pro interní audit a risk management. C.H.beck, 2009
  • Časopis: Moderní řízení - průběžně
Teaching methods
Teaching takes the form / lectures / seminars / workshops / full-time study / group consultations and managed in the form of study. Minimum mandatory attendance at seminars / workshops in full-time studies is 75%, the controlled group consultations in combined form 50%. Students who fail to meet the mandatory level of participation may be given during the semester additional study obligations (to the extent that will demonstrate academic achievement and acquired competencies necessary for successful completion of 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 80%. (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
Czech
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: 8 hodin KS/semestr.
The course is also listed under the following terms Winter 2007, Summer 2010, Winter 2011, Winter 2012, Winter 2013, Winter 2014, Summer 2015, Summer 2017, Summer 2018, Summer 2019, Summer 2020, Winter 2020, Winter 2021, Winter 2022, Winter 2023, Winter 2024.
  • Enrolment Statistics (Summer 2016, recent)
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