RISK MANAGEMENT AND AUDITING PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT413	RISK MANAGEMENT AND AUDITING	5	3	3	5

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The objective of this course is to enable students to understand the impact of risk on international business and trade and to manage the risk in business life.
Contents of the Course Unit:	Contents of the course include; Risk Management in Businesses, Classification of Risks in Business, Planning in Risk Management Process, Organization in Risk Management Process, Coordination in Risk Management Process, Audit Function in Enterprises, Contribution of Audit in Risk Management, Risk Management Techniques.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Explain the risk concept and risk types in businesses (Bloom 2).
Using appropriate methods of risk mitigation, choose the suitable risk management style according to the status of the business (Bloom 3).
Explain how the audit function in the enterprise is used in the minimizing of risk. (Bloom 2)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading and literature review	Risk Management in Businesses	Narration, discussion
2	Reading and literature review	Classification of Risks in Businesses	Narration, discussion
3	Reading and literature review	Classification of Risks in Businesses	Narration, discussion
4	Reading and literature review	Planning in Risk Management Process	Narration, discussion
5	Reading and literature review	Planning in Risk Management Process	Narration, discussion
6	Reading and literature review	Organization in Risk Management Process	Narration, discussion
7	Reading and literature review	Organization in Risk Management Process	Narration, discussion
8	-	MID-TERM EXAM	-
9	Reading and literature review	Coordination in Risk Management Process	Narration, discussion
10	Reading and literature review	Audit Function in Businesses	Narration, discussion
11	Reading and literature review	Audit Function in Businesses	Narration, discussion
12	Reading and literature review	Contribution of Audit to Risk Management in Businesses	Narration, discussion
13	Reading and literature review	Contribution of Audit to Risk Management in Businesses	Narration, discussion
14	Reading and literature review	Risk Management Techniques	Narration, discussion
15	Reading and literature review	Risk Management Techniques	Narration, discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Usul, H. & Mizrahi, R. (2016), Risk Odaklı Denetim, Ankara: Detay Yayınları
Bolgün, K.E. & Akçay, M.B. (2009), Risk Yönetimi, İstanbul: Scala Yayıncılık
Arıcan, E. , Risk Yönetimi ve Sigortacılık, Nobel Yayınevi
Hull, J.C. (2018), Risk Management and Financial Institutions, (5. Edition), John Willey Press

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define the theories, concepts and principles of the basic and sub-fields of business.
2	Explain business functions and processes based on current scientific sources.

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate internationally valid business cases with the theories and concepts of other social sciences.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use the theoretical and factual knowledge in business for occupational practices.
2	Solve individual and organizational problems in business life.
3	Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Plan research and work using knowledge and skills gained in the field of business.
2	Organize the activities for organizational goals and purposes independently.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Criticize advanced knowledge and skills in the field with a critical approach.
2	Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
2	Use the information and communication technology software and equipment required for business.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Apply the social, scientific, cultural and ethical values at the stages of the collection of data, their implementation, interpretation and announcement of results in the field of business.
2	Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	2	28
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	7	5	35
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	4	20
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	127