Risk Management

The seminar provides comprehensive knowledge in risk management, covering types of risks and risk perception, decision theories, and risk management strategies. It addresses the maturity levels of risk management, modern practices and techniques, as well as practical case studies and new technologies.

Through this seminar, participants will gain a comprehensive understanding of different types of risks and their management in a business context. They will learn the psychological foundations of risk perception and the application of decision theories such as Prospect Theory. Participants will develop skills in estimating probabilities and implementing risk management strategies. They will be able to assess the maturity levels of risk management and apply modern risk management tools. Practical insights and case studies will help them implement theoretical concepts in real business situations.

The examination consists of an individual presentation during the semester and a hand in presentation at the end of the semester as well as a hand-in project work. Project work is a case processing and multimedia preparation in a group work setting. Grading: 20 % individual oral presentation 40 % individual hand-in presentation 40 % group work multimedia format

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As part of the seminar, students will receive input on the covered topics in various thematic blocks, along with study materials for self-study and review. Subsequently, the content will be deepened through exercises,reflections, presentations, and discussions. For their examination, participants will independently research and elaborate on a topic from one of the overarching areas, preparing it didactically so that all other course participants can benefit. During the seminar, they will have the opportunity to present and discuss their topic in various ways and receive feedback on their work following the presentations. Building on this, students will further develop, refine, and clearly present their topic throughout the semester. In a group project, students will work on a case study in detail and apply risk management and multimedia methods.