Browse Hierarchy BUSM119: Risk and Crisis

This new module seeks to offer students a more comprehensive and contextual understanding of risk and crisis, including economic, social, technological, environmental, and geopolitical risk, inter alia, situating it within a broader set of institutions such as firms, corporations, NGOs, states, international organisations, etc., in order to make sense of what is specific about the causes, evolutions, and responses to risk in a capitalist political economy. This is also meant to address risk beyond the mere presentist purview of corporate management practices, insofar as students in the MSc Management may both i) work in a broad range of institutions, and ii) will have to understand and engage in their professional lives with a variety of emerging risks, which the conventional risk management literature broaches at times only superficially. We hope that, by the end of the course, students understand that risk management is not engineering, with mechanical solutions to social and economic problems, but rather always a fraught endeavor, rife with contradictions and contestations.