Understanding and managing risk

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Understanding and managing risk provided by OpenLearn is a comprehensive online course, which lasts for 20 hours worth of material. Upon completion of the course, you can receive an e-certificate from OpenLearn. The course is taught in Englishand is Free Certificate. Visit the course page at OpenLearn for detailed price information.

Overview
  • This free course, Understanding and managing risk, provides an introduction to financial risk management. The processes of risk identification, risk measurement and risk management are explored. ...

Syllabus
    • Introduction
    • Learning outcomes
    • 1 Risk and the financial crisis
    • 1 Risk and the financial crisis
    • 1.1 Risk management
    • 1.2 The financial crisis – the cost of risk management failures
    • Audiovisual activity
    • Case study
    • 2 A helicopter overview of risk
    • 2 A helicopter overview of risk
    • 2.1 Defining risk
    • 2.2 The risk management process
    • Stage 1: Identify risk exposures
    • Stage 2: Measure and estimate risk exposures
    • Stage 3: Assess effects of exposures
    • Stage 4: Form a risk mitigation strategy
    • Stage 5: Evaluate performance
    • Summary
    • 3 Operational risk
    • 3 Operational risk
    • 3.1 The implications of operational risk
    • 3.2 Operational risk management
    • 3.3 IFRS and operational risk
    • Summary
    • Audiovisual resource
    • Conclusion
    • Glossary
    • References
    • Acknowledgements