Organizational risk analysis and management (MSC)
About the program
- One of the most pivotal areas of modern management is risk management. This involves ensuring the quality of management of various systems, namely, identifying events that may affect the activities of the organization, and managing the risk associated with these events. Risk management is also related with control of the level of risk of the organization and providing a reasonable guarantee of achieving the goals of the organization.
Risk management is a central part of the company’s strategic management. This is the process by which the company systematically analyzes the risks of each activity in order to achieve maximum efficiency and, accordingly, increase the company’s profitability.
The educational program forms a methodology of risk-thinking, which supports the sustainable development of the organization and obtaining the optimal result of its activities, taking into account the analysis and management of various types of risks. The program provides good opportunities to gain the necessary skills and competencies: data analysis and work with massive volume of data, solving non-standard tasks, managing risks within individual business processes, as well as a number of other modern areas of risk management of the organization.
After graduating from the Master's Degree in the educational program «Analysis and Risk Management» at the University of Narxoz, you can enter the PhD program.
- the programme trains managers capable to effectively use global market opportunities and lead international projects;
- individual learning trajectory; enhancing variation in the choice of disciplines within the chosen learning path;
- realization of competence-based approach to training process;
- search, analysis and evaluation of sources of information for economic calculations;
- diagnosis of existing forms of risk management organization; development and justification of proposals for their improvement.
Upon completion of training, you will be able to:
- analyse and apply risk management and risk response assessment techniques;
- organize the risk management process in the organization;
- define the context of the risk assessment process according to the internal and external environment of the organization, as well as specific circumstances and limitations;
- identify risk level changes;
- identify effective risk impact methods;
- analyse risks;
- process risk information in the organization;
- to develop programs for improvement of procedures of risk management according to the best world practices;
- adapt the elements of the risk management system to the operating conditions of the organization, as well as new business processes and directions;
- diagnose the organization's risk management practices.
Career:
The programme trains senior and mid-level managers capable of making non-standard integrated decisions in conditions of uncertainty and risk, as well as possessing analytical abilities and ethical principles.
Career trajectories can be varied:
Career trajectories can be varied:
- risk manager for crisis prevention, and management;
- project manager;
- independent consultant;
- analyst;
- public administration system;
- non-profit organizations of various profiles;
- commercial sector, international companies;
- small and medium business.
Internship and master’s thesis
According to the curriculum, students would be trained in pedagogical practice in the first year of the programme. During the second year of the studies master’s degree students would have a research practice based on a business partner.
Program Details
Language of instruction – English
Duration of training:
Duration of training:
- 2 years - scientific and pedagogical direction