Understanding and managing risk

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Free

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Free

Level

Beginner

Gain a comprehensive understanding of financial risk management with this free course. Learn about risk identification, measurement, and management, as well as reputational and operational risks. Explore the fascinating field of behavioural finance and its impact on risk taking and management.

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This free course, Understanding and managing risk, provides an introduction to financial risk management. The processes of risk identification, risk measurement and risk management are explored. The course then goes on to examine reputational risk and operational risk. It concludes with an examination of the subject of behavioural finance and what this can contribute to our understanding of risk taking and risk management.

Course learning outcomes

After studying this course, you should be able to:

Demonstrate knowledge of the range of financial and financial related risks facing organisations

Understand the approach to risk management through risk identification, risk measurement and risk management (or mitigation)

Understand reputational risk

Understand operational risk and how to manage it.

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    Understanding and managing risk
    Understanding and managing risk
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