Risk Management and Insurance

Teaching results

After successful completion of this course, students will have knowledge of:
- understanding the basics of risk and the possibilities of its management for individuals as well as legal persons
- understanding the risk management process, including its phases, steps and tools
Practical skills and competencies consist in the ability to:
- identify relevant risk management methods for the specific situations
- understand the basic methods and tools of risk management, their advantages and disadvantages depending on the financial capabilities of the entity and other circumstances
- apply relevant and effective risk management methods to the specific situations
- analyze, interpret and compare types of insurance coverage, as well as other forms of risk transfer