Nottingham University Business School
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Risk Management Decisions

Please note that the following information may be subject to change.

Programme: Undergraduate

Module Code: N12409

Semester: Autumn

Convenor: Ahmed Barakat

Credits & Level: 10 credits; Level 2

Pre-requisites: None.

Co-requisites: None.

Target Students: Available to all Part I and Part II students

Delivery: 11 ninety-minute lectures and 2 sixty-minute seminars

Assessment: One 1.5 hour examination (75%); One 1,500 word essay (25%)

Exam Format:Answer TWO questions from a choice of SIX. All questions carry equal marks.

Summary of Content This module will introduce the different aspects of corporate risk and examine how the risk of fortuitous loss may affect the various stakeholders in the operations of firms.

Aims To understand the negative impact of risk on the stakeholders of a modern organisation. To understand the risk-creation process in an organisation. To understand how corporate risk affects stakeholders (including individuals, employees, corporate decision takers, and shareholders). To analyse the nature of value-creating risk management decisions.

Key Words: Risk, corporate crises, disasters, risk management, stakeholders

Learning Objectives & Outcomes Knowledge and understanding
This module develops a knowledge and understanding of:
  • The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk
  • The development, access and operation of markets for resources, goods and services
  • The sources, uses and management of finance
  • The use of accounting and other information systems for managing financial risk
  • The development, management, application and implementation of information systems and their impact upon organisations
  • The development of appropriate policies and strategies within a changing environment to meet stakeholder interests
  • The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
  • The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues
  • Theories, models, frameworks, tasks and roles of management
Intellectual skills
This module develops:
  • The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions
  • The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making
  • Conceptual and critical thinking, analysis, synthesis and evaluation
Professional practical skills
This module develops:
  • Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetitie for development.
  • Commercial acumen based on an awareness of the key drivers for business success, causes of failure and the importance of providing customer satisfaction and building customer loyalty
Transferable (key) skills
This module develops:
  • Communication and listening including the ability to produce clear, structured business communications in a variety of media
  • An awareness of the interpersonal skills of effective listening, negotiating, persuasion and presentation and their use in generating business contacts
  • Ability to work with people from a range of cultures
  • Articulating and effectively explaining information
Knowledge and understanding (Industrial Economics)
This module develops a knowledge and understanding of:
  • The nature, sources and uses of qualitative data and an ability to select and apply appropriate methods that economists might use to analyse such data.
  • The nature, sources and uses of quantitative data and an ability to select and apply appropriate methods that economists might use to analyse such data.



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Nottingham University Business School

Jubilee Campus
Nottingham
NG8 1BB

telephone: +44 (0) 115 846 6602
fax: +44 (0) 115 846 6667
email: business-enquiries@nottingham.ac.uk