|
Course Name
|
Corporate Risk Management
|
|
Code
|
Semester
|
Theory
(hour/week)
|
Application/Lab
(hour/week)
|
Local Credits
|
ECTS
|
|
ACC 420
|
Fall/Spring
|
3
|
0
|
3
|
5
|
|
Prerequisites
|
None
|
|
Course Language
|
English
|
|
Course Type
|
Elective
|
|
Course Level
|
First Cycle
|
|
Mode of Delivery
|
- |
|
Teaching Methods and Techniques of the Course
|
Discussion
Case Study
Q&A
|
|
National Occupation Classification
|
-
|
|
Course Coordinator
|
|
|
Course Lecturer(s)
|
|
|
Assistant(s)
|
- |
|
Course Objectives
|
The purpose of this course is to have the students acquire a good understanding of the concept of risk analysis and management and its effective and successful implementation in a wide range of production or service organizations. A secondary goal is to promote inquisitiveness, teamwork, communication and presentation. |
|
Learning Outcomes
|
The students who succeeded in this course;
- Define risk and related concepts.
- Explain the need for “enterprise risk management” approach.
- Distinguish various types of risks.
- Understand the role of management in risk management.
- Interpret the links between corporate governance, internal controls and risk management.
- Implement risk management in an organization.
- Improve analytical skills.
- Learn different hedging techniques and instruments
|
|
Course Description
|
This course covers, the evolution of risk management, enterprise risk management approach, fundamental concepts of risk management, goals and strategies in risk management, design and application of risk management systems. |
|
Related Sustainable Development Goals
|
|
|
|
Core Courses |
|
| Major Area Courses |
X
|
| Supportive Courses |
|
| Media and Management Skills Courses |
|
| Transferable Skill Courses |
|
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
|
Week |
Subjects |
Related Preparation |
| 1 |
How can market risk measurement help corporates |
CorporateMetrics Chapter-1 |
| 2 |
Overview of CorporateMetrics |
CorporateMetrics Chapter-2 |
| 3 |
Managerial applications |
CorporateMetrics Chapter-3 |
| 4 |
Basic Statistical Functions in Excel |
|
| 5 |
Basic Statistical Functions in Excel |
|
| 6 |
CorporateMetrics Road Map |
CorporateMetrics Chapter-4 |
| 7 |
Metrics Specification |
CorporateMetrics Chapter-5 |
| 8 |
Midterm Exam |
|
| 9 |
Exposure Mapping |
CorporateMetrics Chapter-6 |
| 10 |
Market price and Rate Scenarios |
CorporateMetrics Chapter-7 |
| 11 |
Valuation and Risk Computation |
CorporateMetrics Chapter-8 |
| 12 |
Examples & Performance Assessment |
CorporateMetrics Chapter-9-10 |
| 13 |
Project Presentation |
|
| 14 |
Project Presentation |
|
| 15 |
Project Presentation |
|
| 16 |
Review of the semester |
|
|
Course Notes/Textbooks
|
CorporateMetrics (Core Textbook)
LongRun Technical Document
RiskMetrics Technical Document
|
|
Suggested Readings/Materials
|
|
EVALUATION SYSTEM
|
Semester Activities
|
Number |
Weigthing |
| Participation |
-
|
-
|
| Laboratory / Application |
-
|
-
|
| Field Work |
-
|
-
|
| Quizzes / Studio Critiques |
-
|
-
|
| Portfolio |
-
|
-
|
| Homework / Assignments |
-
|
-
|
| Presentation / Jury |
-
|
-
|
| Project |
1
|
70
|
| Seminar / Workshop |
-
|
-
|
| Oral Exams |
-
|
-
|
| Midterm |
1
|
30
|
| Final Exam |
-
|
-
|
| Total |
2
|
100
|
| Weighting of Semester Activities on the Final Grade |
1
|
70
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
30
|
| Total |
2 |
100 |
ECTS / WORKLOAD TABLE
|
Semester Activities
|
Number |
Duration (Hours) |
Workload |
Theoretical Course Hours
(Including exam week: 16 x total hours) |
16
|
3
|
48
|
Laboratory / Application Hours
(Including exam week: '.16.' x total hours) |
-
|
-
|
-
|
| Study Hours Out of Class |
14
|
2
|
28
|
| Field Work |
-
|
-
|
-
|
| Quizzes / Studio Critiques |
-
|
-
|
-
|
| Portfolio |
-
|
-
|
-
|
| Homework / Assignments |
-
|
-
|
-
|
| Presentation / Jury |
-
|
-
|
-
|
| Project |
1
|
44
|
44
|
| Seminar / Workshop |
-
|
-
|
-
|
| Oral Exam |
-
|
-
|
-
|
| Midterms |
1
|
25
|
25
|
| Final Exam |
-
|
-
|
-
|
| |
|
Total |
145
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
|
#
|
Program Competencies/Outcomes
|
* Contribution Level
|
|
1
|
2
|
3
|
4
|
5
|
|
1 |
To be able to acquire theoretical and practical knowledge and skills in the area.
|
-
|
-
|
-
|
-
|
-
|
|
2 |
To be able to approach problems with an analytical and holistic viewpoint.
|
-
|
X
|
-
|
-
|
-
|
|
3 |
To be able to gain knowledge about both national and international accounting and auditing standards.
|
-
|
-
|
-
|
-
|
-
|
|
4 |
To be able to communicate the findings and solutions to the accounting and auditing problems in written and oral formats.
|
-
|
-
|
-
|
X
|
-
|
|
5 |
To be able to critically evaluate the performance of accounting and other related management information systems, and organizations.
|
-
|
-
|
-
|
-
|
-
|
|
6 |
To be able to develop innovative and creative approach to real-life business issues.
|
-
|
-
|
-
|
-
|
-
|
|
7 |
To be able to integrate knowledge gained in the main areas of accounting and auditing through a strategic perspective.
|
-
|
-
|
X
|
-
|
-
|
|
8 |
To be able to act in accordance with the scientific and ethical values in studies related to accounting and auditing.
|
-
|
-
|
-
|
-
|
-
|
|
9 |
To be able to demonstrate both leadership and team-work skills through being an efficient and effective team member.
|
-
|
-
|
-
|
-
|
-
|
|
10 |
To be able to have an ethical perspective and social responsiveness when evaluating and making business decisions.
|
-
|
-
|
-
|
-
|
-
|
|
11 |
To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
|
-
|
-
|
-
|
-
|
-
|
|
12 |
To be able to speak a second foreign at a medium level of fluency efficiently.
|
-
|
-
|
-
|
-
|
-
|
|
13 |
To be able to relate the knowledge accumulated throughout the human history to their field of expertise.
|
-
|
-
|
-
|
-
|
-
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
