Server-Wartungsarbeiten am 26. und 27.08.! An beiden Tagen sind keine Bewerbungen, Einschreibungen oder Anträge auf Immatrikulation sowie andere studentische Anwendungen (Rückmeldung, Immatrikulationsbescheinigungen etc.) möglich. Ab dem 28.08. stehen alle Funktionen wieder wie gewohnt zur Verfügung.

Program Modules

Online Units

The PG Cert in Finance, Risk and Insurance consists of nine online/distance learning units leading to 30 (ECTS) credits:

Strategic Management

The course addresses key debates and issues in management and leadership focusing on:

  • Macro environmental influences on business
  • The changing nature of competition
  • The sources and dimensions of competitive advantage
  • Global strategy and the multinational corporation
  • External growth strategies including M&A
  • Organisational decision making
  • Implementing change initiatives


Recommended academic textbooks and journals:

  • Balogun, J. Hope-Hailey, V. Gustafsson, S. (2016) Exploring Strategic Change. 4th ed. Harlow, Pearson.
  • Grant, R. M. (2016) Contemporary Strategy Analysis. 9th ed. Wiley, West Sussex
  • Jeffs, C. (2008) Strategic Management: A Sage Course Companion. London, Sage.
  • Neilson, G. Martin, K.L. Powers, E. (2008). The secrets to successful strategy execution. Harvard Business Review. June 2018.
  • Rummelt, R. P. (2011) The Perils of bad strategy. McKinsey Quarterly. June 2011.
  • Ryall, M.D. (2013) The New Dynamics of Competition. Harvard Business Review. June 2013.

Innovation and Design Thinking

The course addresses key debates and issues in management, innovation and design thinking focusing on:

  • Influences on global innovation
  • Innovation strategy and competitive differentiation
  • Design thinking, creativity and organisational problem solving
  • Managing the innovation process, networks and people
  • Protecting your innovations
  • The value proposition and human-centric design
  • Disruptive strategies and business model innovation


Recommended academic textbooks and journals:

  • Brown, T. (2015) Design for action. Harvard Business Review. September 2015, pp. 56-64.
  • Liedtka, J.M. (2014) Innovative Ways Companies are Using Design Thinking. Strategy & Leadership, Vol. 42, No. 2, pp. 40-45.
  • Martin, B. Hanington, B. (2012) Universal Methods of Design. Rockport, MA.
  • Michel, S. (2014) Capture more value. Harvard Business Review, October 2014.
  • Price, R. Wrigley, C. (2015) Design and a deep customer insight approach to innovation. Journal of International Consumer Marketing.
  • Westland, J. C. (2017) Global Innovation Management. 2nd ed. Palgrave, London.

Insurance Markets and Regulations

The course addresses key debates and issues in insurance and regulations focusing on:

  • Introduction to risk and the role of insurance as a risk transfer mechanism
  • Characteristics and principles of insurance and the demand for insurance
  • Structure of international insurance markets and their participants
  • Forms of insurance including reinsurance

 

Excerpt from recommended academic textbooks:

  • Rejda, G. and McNamara, M. (2017) Principles of Risk Management and Insurance. 13th ed. Harlow, Pearson.
  • Grant, E. (2012) The Social and Economic Value of Insurance. Geneva/Basle, Geneva Association.

Further literature will be provided during the course.

ECA Foundations and Principles

The course addresses key debates and issues in insurance and regulations focusing on:

  • Trade and economic development
  • Government export financing mandates and foundations
  • ECA set-up and policy objectives
  • Key product offerings
  • Rules and regulations
  • Hot ECA topics

 
Literature:     
Literature will be provided during the course.

Structuring Transactions

The course addresses key debates and issues in underwriting and claims focusing on:

  • Fundamentals of corporate transactions
  • Trade finance transactions
  • Medium and long-term export finance transactions
  • Structured and project finance specifics
  • Hot topics

 
Literature:
   
Literature will be provided during the course.

Claims and Recovery

The course addresses key debates and issues in underwriting and and claims focusing on:

  • Fundamentals of claims management
  • Claim Examination Procedures
  • Defaults and materialization of credit risk
  • Disputed transactions
  • Claims Portfolio Management
  • Fundamentals of recovery actions
  • Recovery portfolio management


Literature:   
Literature will be provided during the course.

Underwriting and Portfolio Management

The course addresses key debates and issues in underwriting and and claims focusing on:

  • Credit risk underwriting process and approaches
  • Risk types, Risk assessment and risk mitigation instruments
  • Consideration of international standards
  • Risk classification
  • Portfolio Management

 
Literature:     
Literature will be provided during the course.

Risk Management and Compliance

The course addresses key debates and issues in risk management and foreign trade focusing on:

  • The global risk landscape
  • (Digital) business ecosystems
  • Process management and information systems
  • COSO risk management
  • Business continuity, corporate resilience and compliance

 
Literature:     
Literature will be provided during the course.

Digitalisation: Fintech and Insuretech

The course addresses key debates and issues in global business and the digital agenda focusing on:

  • Fintech business models and use cases (egRegTech, InsureTech)
  • Fintech disruptive potential
  • Fintech Tech - introduction to Blockchain, AI, and big data
  • Fintech Ethics and the role of regulation, identity and security
  • Fintech challengers and challenges - profit and collaboration

 
Literature:     
Literature will be provided during the course.