Study location	Netherlands, Maastricht
Type	Summer Courses, Intensive - Full time
Nominal duration	1 week (2 ECTS)
Study language	English
Course code	MSS2028

Tuition fee	€699 one-time Early Bird Discount: €649,00. Valid until 17 February 2025.

Entry qualification

Enrolled as an Undergraduate student or Undergraduate diploma The course is suitable to students already having knowledge or experience in the fields of business and management, but knowledge in this area is not a must. Anyone interested in the subject and willing to learn about it is eligible to apply. The entry qualification documents are accepted in the following languages: English. Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.

Language requirements	English The language of the course is English, so we expect a fluent level and the ability to follow and participate in class.

More information	maastrichtsummerschool.nl

Overview

Course Description
Organizations today face an unprecedented array of challenges, ranging from political instability to natural disasters to global pandemics. Developing effective risk management and crisis management strategies in the face of such challenges is therefore of vital importance to organizations in today’s business environment. This course helps students begin to navigate these contemporary challenges by providing a comprehensive, yet accessible, overview of the key concepts and issues in the field of risk and crisis management. Based around a series of in-depth case studies, it not only outlines the key frameworks and strategies that organizations use to identify, measure, and respond to different kinds of risk and crises, it also critically discusses the challenges posed by contemporary issues such as climate change and increased social media usage to the implementation of effective risk and crisis management strategies. Free of excessive technical jargon and of relevance to students on a wide range of academic programmes, this course provides the ideal companion to those looking to make sense of how organizations of all sizes can respond to the challenges, obstacles, and opportunities that exist in this era of increased uncertainty.

Goals
By the end of this course, students are expected to:
• Have an advanced understanding of the different kinds of risks that exist for organizations in the twenty first century;
• Be able to evaluate the strategic approaches taken by different organizations to manage and deal with modern-day risks;
• Understand how approaches to the management of risk have evolved in recent years;
• Be able to analyse and assess why organizations choose specific approaches to risk management in different contexts;
• Have the knowledge to identify factors that can hinder the ability of an organization to successfully manage risk.

Recommended Literature
• Kovoor-Misra, S. (2020), Crisis Management: Resilience and Change (LA: Sage).
• Hopkin, P. (2018).Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.
• Crovini,C., Santoro, G., & Ossola, G. (2021). Rethinking risk management in entrepreneurial SMEs: towards the integration with the decision-making process. Management Decision, 59(5), 1085-1113.
• Duchek, S. (2020). Organizational resilience: a capability-based conceptualization. Business Research, 13(1), 215-246.
• Hardy, C., Maguire, S., Power, M., & Tsoukas, H. (2020). Organizing risk: Organization and management theory for the risk society. Academy of management annals, 14(2), 1032-1066.
• Bromiley, P., McShane, M., Nair, A., & Rustambekov, E. (2015). Enterpriserisk management: Review, critique, and research directions. Long range planning, 48(4), 265-276.
• Clarke, C. J., & Varma, S. (1999). Strategic riskmanagement: the new competitive edge. Long range planning, 32(4), 414-424.

Teaching Methods
Lectures, Interactive Class, PBL Tutorials

Assessment Methods
Assignment, Attendance, Presentations

Course Coordinator
Matthew Hollow