Course

Enterprise Risk Management (RIS650)

Fakta

Emnekode RIS650

Vekting (stp) 10

Semester undervisningsstart Autumn

Undervisningsspråk English

Antall semestre 1

Vurderingssemester Autumn

Timeplan Vis timeplan

Litteratur Pensumlisten finner du i Leganto

Intro

The course teaches basic principles of enterprise risk management (ERM) based on recent advances in risk science.

Content

NB! This is an elective course and may be cancelled if fewer than 10 students are enrolled by August 20th for the autumn semester.

The course addresses risk, uncertainty, knowledge, and performance in an enterprise risk management (ERM) and business context. Important topics are ERM frameworks; uncertainties and the potential for surprises; ERM integrating with strategy and performance; and integration of complementary concepts like robustness, resilience, and vulnerability.

Learning outcome

After passing this course, the students should:

Knowledge

  • have in-depth knowledge of enterprise risk management (ERM) principles and frameworks
  • have knowledge of theories, methodologies and concepts related to ERM
  • understand the importance of considering risk in the strategy-setting process
  • have knowledge about types of risk commonly addressed in ERM

Skills

  • have the ability to apply principles and frameworks of ERM
  • have the ability to perform risk management work in an enterprise and business context

General competence

  • strengthen the ability to communicate challenges and solutions related to enterprise risk management

Forkunnskapskrav

Ingen

Anbefalte forkunnskaper

Foundations of Risk Analysis and Risk Science (RIS505)

Eksamen / vurdering

Semester assignment

Vekt 1/2

Varighet 1 Semesters

Karakter Letter grades

Hjelpemiddel All

Trekkfrist 20.10.2025

Written exam

Vekt 1/2

Varighet 4 Hours

Karakter Letter grades

Hjelpemiddel None permitted

Eksamenssystem WISEflow

Trekkfrist 21.11.2025

Eksamensdato 05.12.2025

Both semester assignment and written exam must be passed in order to receive a final grade in the course.

The written exam is given as a digital exam in Inspera.

The semester assignment starts in the beginning of the semester with deadline late October/early November. The project work is carried out in groups.

Continuation opportunities are not offered on the semester assignment. Students who do not pass the project assignment can take this part again the next time the subject has regular teaching.

Method of work

Lectures, self-study and semester assignment

Åpent for

Open to all master students at UiS.

Admission requirements

Must meet the admission requirements of one of the study programmes the course is open for.

Emneevaluering

The faculty decides whether early dialogue will be held in all courses or in selected groups of courses. The aim is to collect student feedback for improvements during the semester. In addition, a digital course evaluation must be conducted at least every three years to gather students’ experiences.

Litteratur

E-book Enterprise risk management : advances on its foundation and practice Aven, Terje, Thekdi, Shital, London ; New York, New York, Routledge, 1 online resource (211 pages), ©2020, isbn:0-429-42502-3; 0-429-75676-3; 0-429-75675-5, View online Note Curriculum includes 3-4 papers Note Including lecture notes.

Kontakt

Head of Department:
Tore Markeset
Course coordinator:
Lasse Berg Andersen

Tilbys av

Faculty of Science and Technology

Department of Safety, Economics and Planning

The course description is retrieved from FS (Felles studentsystem). Version 1