1.To demonstrate critical understanding of a) the meaning of risk: b) the different categories of risk; c) the role and purpose of risk management; d) the core elements of the risk management process; e) the attributes of communication and leadership within risk management in the context of your organisation

Knowledge and Understanding

Learning



2. Develop and apply evaluation to assess enterprise risk management and operational risk management and take appropriate action in the face of risk and uncertainty

Enquiry

Analysis

Problem solving



3. A comprehensive & systematic knowledge & understanding of techniques applicable in the Interpretation, evaluation of key financial statements of a wide range of business types (public, private, not for profit, various size and structure) and awareness of current problems and/or new insights in financial and non-financial concepts and practices within your organisation

Knowledge and Understanding

Learning



4. Apply knowledge and critical understanding of the environment of corporate governance and the roles of the main regulatory bodies that are relevant to your organisation

Application

Reflection

Communication

Your portfolio of evidence should identify your significant involvement in activities related to risk and crisis management, overseeing and reporting on operational matters to senior decision-makers, including financial and resource impact and demonstrate your involvement in relevant governance activities.



Your report should include an analysis of the current challenges related to risk, governance and financial management within your organisations and make recommendations for overcoming these.

This module aims to cover a range of corporate governance issues and issues and trends associated with risk management that contribute to an organisation’s financial performance.



Therefore, a range of the following topics will be covered:

the relevance and importance of corporate governance;

Corporate governance and firm theory;

Stewardship and agency theory debate;

Board of directors and committee structure and responsibility;

Regulations relevant to company directors and officers;

Regulations and corporate governance and reporting.

The influence of corporate governance codes on board of directors' activities.

External auditors and corporate governance;

investors and shareholders activities;

Ownership and corporate performance;

Decision-making on board reward systems: theoretical arguments and empirical evidence;

Corporate control mechanism.

Corporate governance in the public sector;

Corporate citizenship and responsibility.

The purpose and core elements of the risk management process within an organisational context, including:
-Risk assessment
- Risk analysis and evaluation
- Risk response and Business continuity
- Risk Strategy, control and risk reporting- Managing uncertainty
- identifying risk appetite

Risk Management techniques and evaluation
-Approaches on risk response and business continuity.
-The role of Risk Governance, Leadership and Communication

Current trends in risk management such Enterprise Risk Management, Operational Risk Management will be covered through practice/problem-based case examples that takes account of reaction

This module aims to cover a range of corporate governance issues and issues and trends associated with risk management that contribute to an organisation’s financial performance.

Scheduled learning and teaching activities: 104 hours

To consist of:

Face-to-face which will include groupwork, formal teaching, case study analysis, guest speakers and students will be encouraged to share their workplace experiences with others

Online live webinars to take the form of tutorials involving opportunities for group discussion and presentation, flipped-classroom opportunities, further groupwork and case study analysis



Guided independent study: 296 hours

To consist of:

Accessing additional online content such as videos and presentations

Independent reading to consolidate knowledge gained in the formal teaching

Undertaking formative tasks set by the tutor to consolidate learning

Assessment preparation and writing and gathering evidence

Portfolio building

Bavly, Dan A. (1999) Corporate Governance and Accountability : What Role for the Regulator, Director and Auditor- Greenwood Publishing Group, Incorporated
Fahy, Martin; Weiner, Anastasia; Roche, Jeremy (2005) Beyond Governance: Creating Corporate Value through Performance, Conformance and Responsibility, John Wiley & Sons Incorporated. ISBN: 0-470-01151-3
Renn, O., 2017. Risk governance: coping with uncertainty in a complex world. Routledge.
Bourrier, M. and Bieder, C. eds., 2018. Risk Communication for the Future: Towards Smart Risk Governance and Safety Management. Springer.
Hopkin, P., 2018. Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.

-Virtual Learning Environment (VLE) teaching and other support material to aid independent and self-motivated learning
-Module handbook and weekly tutorial problem-solving sheets including key reading lists
-Briefing papers written by the team delivering the module to tailor the content to the class
-Specified textbooks and web-sites containing key data and up-to-date information
-Directed reading from current affairs taking into rapidly changing news events especially on financial markets.
-Problem/practice based case examples.