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Risk Management

MGT001457Specialization in Management5 ECTSEnglishwinter semesterLehrstuhl für Strategie und Organisation (Prof. Welpe)
AI-edited module sheet. Based on the TUMonline module description, edited for readability.Original in TUMonline

What it is about

You will learn fundamentals and modern practices of Risk Management: types of risks, risk perception, decision theories and strategies for risk treatment. In the end you will be able to assess risks, evaluate maturity levels of risk management and apply suitable methods and tools in case studies.

What you will be able to do

  • Identify different types of risk
  • Understand psychological foundations of risk perception
  • Apply decision theories (e.g., Prospect Theory)
  • Estimate probabilities
  • Implement risk management strategies
  • Evaluate the maturity level of risk management
  • Apply modern tools and techniques
  • Translate theory into practice cases

What the module consists of

  • SeminarDelivery of topics in thematic blocks and deepening through exercises, presentations and discussions
  • GruppenprojektDetailed case work and application of risk management and multimedia methods

Teaching method

  • Inputvorträge und StudienmaterialFoundations and self-study
  • Übungen, Reflexionen, Präsentationen, DiskussionenDeepening, transfer and feedback
  • Selbstständige Recherche und didaktische Aufbereitung eines ThemasDevelopment and conveying of content for the group
  • Gruppenarbeit (Case Study, Multimedia)Application and presentation of practical solutions
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Official page in TUMonline · Details are not binding.