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Risk Management (3 cr)

Code: KLVY014-3006

General information


Enrollment

01.01.2023 - 31.12.2023

Timing

01.01.2023 - 31.12.2023

Number of ECTS credits allocated

3 op

Virtual portion

3 op

Mode of delivery

Distance learning

Unit

Business

Teaching languages

  • Finnish

Teachers

  • Pekka Vaarala

Groups

  • VAPVAL2023
    VAPVAL2023

Objective

Students will gain knowledge of the different areas of risk management and be able to make a company risk management plan.

Content

Risk analysis starting points, risk analysis, estimating commercial and other risks, risk management, methods and decision making

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

The students are able to analyse, compare and critically assess the implementation and alternatives of a risk management plan based on their acquired knowledge. They are able to analyse the goal-orientation and projected results of their own risk management plan.

Assessment criteria, good (3)

The students are able to describe and justify the different parts of the risk management plan. They are able to work independently based on their knowledge and instructions and can apply the risk management plan's techniques and models. The students are able to work independently to achieve their objectives and can justify their work according to professional ethical principles.

Assessment criteria, satisfactory (1)

The students are able to define and use risk management planning concepts according to professional ethical principles. They have sufficient knowledge to conduct risk management in a company.