This is compulsory on BA Business Management Finance route.

This module runs exclusively in trimester 2 (January). It is not available in any other trimester. By selecting this module, you acknowledge that it can only be taken during the listed trimester.

This module is for Overseas fee payers only.

Detailed Description

Features of risk, levels of risk, classification of risk, cost of risk, organisation of risk
Essentials of risk management, risk identification methods, risk analysis and evaluation, physical and financial control methods
Risk behaviour analysis, risk and decision-making
Loss prevention and reduction, loss accumulation
Contingency planning, business continuity planning, disaster recovery concept and techniques
Insurance and non-insurance transfer, limitations and constraints of insurance, advantages of insurance
Risk financing, full and partial retention alternatives, captives
The emerging concept of enterprise risk management