Undergraduate Course: Risk Management (BUST10036)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 10 (Year 3 Undergraduate)	Availability	Available to all students
SCQF Credits	20	ECTS Credits	10
Summary	The course provides students with an appreciation of the issues, techniques and concepts in risk management. Risk management is the ability to identify, analyse, evaluate and absorb risk which allows the individual or organisation to manage risk in their activities or their organisations.
Course description	The course is divided into two main parts: Theory and Practice. The theory is divided into four main subsections: Identification, Analysis, Evaluation and Absorption. The practice part is divided into Health and Safety, Industrial Risk, Medical Risk, Financial and Insurance Risk and Transport Risk. Syllabus Introduction, General Concepts and Overview Awareness Assessment Evaluation of Risk Absorption and Ethics Finance and Insurance Health and Safety Engineering/Industrial and Transport Student Learning Experience The lecture programme provides details of the approaches to risk management including, identification, analysis, evaluation and absorption, and of application of the approaches in a wide range of management contexts. The seminars will be used to discuss issues arising from the course and will specifically tackle issues associated with requirements for assessment such as preparation for the project and examinations.

Entry Requirements (not applicable to Visiting Students)
Pre-requisites		Co-requisites
Prohibited Combinations		Other requirements	Business Studies Honours entry

Information for Visiting Students
Pre-requisites	Visiting students should have at least 3 Business Studies courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.
High Demand Course?	Yes

Course Delivery Information

Academic year 2015/16, Available to all students (SV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Summative Assessment Hours 2, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 172 )
Assessment (Further Info)	Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Additional Information (Assessment)	Individual essay 30% 2000 words Examination 70% End of Semester 2: 2 hours Visiting students Individual essay 1 50% 2000 words Individual essay 2 50% 2000 words
Feedback	Generic feedback on your coursework, together with individual marks, will be available on Learn. You can also look at your individual feedback in the UG Office (Room 1.11, Business School, 29 Buccleuch Place) and take away a copy of the feedback form, but you will not be able to take away the original piece of coursework, as it may be required by the Board of Examiners. Your examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examinersż meeting normally early-mid June). During the summer months (i.e. mid/end June until the end August), you may come into the Business Studies Office (Room 1.11, Business School, 29 Buccleuch Place) to look at your examination scripts. Note that you will not be able to remove any examination scripts from the UG Office as they may be required by the Board of Examiners.
Exam Information
Exam Diet	Paper Name		Hours & Minutes
Main Exam Diet S2 (April/May)			2:00

Academic year 2015/16, Part-year visiting students only (VV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 176 )
Assessment (Further Info)	Written Exam 0 %, Coursework 100 %, Practical Exam 0 %
Additional Information (Assessment)	Individual essay 30% 2000 words Examination 70% End of Semester 2: 2 hours Visiting students Individual essay 1 50% 2000 words Individual essay 2 50% 2000 words
Feedback	Generic feedback on your coursework, together with individual marks, will be available on Learn. You can also look at your individual feedback in the UG Office (Room 1.11, Business School, 29 Buccleuch Place) and take away a copy of the feedback form, but you will not be able to take away the original piece of coursework, as it may be required by the Board of Examiners. Your examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examinersż meeting normally early-mid June). During the summer months (i.e. mid/end June until the end August), you may come into the Business Studies Office (Room 1.11, Business School, 29 Buccleuch Place) to look at your examination scripts. Note that you will not be able to remove any examination scripts from the UG Office as they may be required by the Board of Examiners.
No Exam Information

Learning Outcomes
On completion of this course, the student will be able to: Describe the approaches taken in risk management Critically review the approaches used in risk management. Apply the approaches to specific context, which includes the selection and implementation.

Reading List
John Adams, "Risk", University College Press. Ansell & Wharton, "Risk - Analysis, Assessment and Management", John Wiley and Sons

Additional Information
Graduate Attributes and Skills	Cognitive Skills On completion of the course students will be able to demonstrate: a) they can describe the approaches to risk management; b) they can critically review the techniques used in risk management c) to apply risk management techniques to specific context. Key Skills On completion of the course the students will be able to: a) demonstrate their ability to plan and implement risk management approaches to a real world activity or organisation which includes selection and evaluation of the approach; b) demonstrate they can present findings of their risk analysis of an activity or organisation in a written form. Subject Specific Skills On completion of the course the students will be able to: a) develop their critical and evaluatory skills in dealing with application of risk management to real-world activities or organisation.
Additional Class Delivery Information	1 lecture every week Available to 3rd & 4th year students.
Keywords	RM