Module Code - Title:
IN4027
-
GOVERNING RISK
Year Last Offered:
N/A
Hours Per Week:
Grading Type:
N
Prerequisite Modules:
Rationale and Purpose of the Module:
This module will examine the impact of changing governance and risk management techniques. The module will examine the concepts of risk and governance and the interaction of these ideas. Together we will look at how these ideas relate to both the private and the public sector. In particular, the module will be informed by current research on the risk and governance of emerging technologies.
Syllabus:
The Module is divided into three sections, Part 1 will examine theoretical/conceptual elements of risk governance processes. Part 2 provides specific examples of risk governance use case across a range of areas including new digital technologies. Part 3 will consist of your group presentations which will address one particular challenge around risk governance.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On successful completion of this module, students will be able to:
Explain core theories underpinning risk and governance, including agency, stakeholder, and regulatory governance theories.
Analyse the relationship between risk and governance using recognised models such as ISO 31000, COSO and the Three Lines of Defence.
Differentiate between key concepts of governance and risk from both private and public sector theoretical perspectives.
Evaluate the effectiveness and limitations of organisational risk management systems using evidence based frameworks.
Apply risk and governance models to organisational scenarios to inform decision making and accountability structures.
Affective (Attitudes and Values)
On successful completion of this module, students will be able to:
Demonstrate awareness of the ethical issue around risk governance.
Psychomotor (Physical Skills)
N/A
How the Module will be Taught and what will be the Learning Experiences of the Students:
In the course of this module we will examine the impact of changing governance and risk management techniques. The module will examine the concepts of risk and governance and the interaction of these ideas. Together we will look at how these ideas relate to both the private and the public sector. In particular, the module will be informed by current research on the risk and governance of emerging technologies. The module is taught with 2 interactive lectures per week and a weekly session analysing the set readings.
Prime Texts:
Other Relevant Texts:
Power, Michael (2004)
The Risk Management of Everything A Briefing is based on the 6th P D Leake Lecture at Chartered Accountants’ Hall
,
Renn, O (2020)
Risk governance: From knowledge to regulatory action
,
Programme(s) in which this Module is Offered:
BACHELOR OF BUSINESS STUDIES
BACHELOR OF BUSINESS STUDIES WITH FRENCH
BACHELOR OF BUSINESS STUDIES WITH GERMAN
BACHELOR OF BUSINESS STUDIES WITH JAPANESE
BACHELOR OF BUSINESS STUDIES WITH SPANISH
Semester(s) Module is Offered:
Autumn
Module Leader:
Martin.Mullins@ul.ie