This course is a practical, hands-on introduction to various aspects of modelling, dealing with and managing risks across different industries, contexts and applications.

With the global increase in interconnectivity, the potential for disruption is everywhere. Modern organisations who build resilience in all systems will respond intelligently to emergent disruptions. This course explores the concept of resilience and its application to socio-technical systems: The resilience of infrastructure systems and how individuals and social groups interact in and with them.

This Risk Case Study Challenge gives MSc students the challenging opportunity to work on a real risk-modelling and/or risk-management case in close collaboration with a Risk Center corporate partner. The Corporate Partner for the Spring 2022 Edition will be announced soon.

Everyday, individuals make decisions under uncertainty. This course covers the following topics in the field of risk and insurance economics:1) Individual decision-making under risk2) Models of insurance demand and supply, and risk sharing3) Information issues in insurance markets4) Topics in behavioral economics5) The macroeconomic role of insurers and insurance regulation