Integrated Risk Management

 

Integrated Risk Management

Master, part-time

Overview

Sustainably and effectively preparing an organization at all management levels for an uncertain future and aligning it accordingly is the essence of risk management. This requires risk management to be implemented across the entire enterprise in the operational and strategic structures as well as in the central key functions of the organization so that they can all be networked and controlled as a whole. The master's degree program provides the skills required for this task. As a graduate you will be able to develop and implement a comprehensive risk management system, fill key positions and support the management as a business partner in strategic decisions.

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Duration of course
4 Semester
Final degree
Master of Arts in Business (MA)
26Study places
120ECTS
Organisational form
part-time

Application period for academic year 2020/21

3rd October 2019 to 17th May 2020

tuition fee / semester:

€ 363,361

+ ÖH premium + contribution2

 

1 Tuition fees for students from third countries € 727,- per semester

 

2 for additional study expenses
(currently up to € 83,- depending on degree program and year)

What you can offer

You stand out with your constructive, integrated thinking and solution-oriented approach. Your strengths include moreover a systematic approach to an uncertain future and the ability to think outside of the box. "Nothing is impossible" is more than just an empty phrase for you; it motivates you to proactively and analytically detect potential threats, hazards and risks even in a complex context, to analyze and to develop comprehensive strategies. The challenge of operationally and strategically anchoring risk management in a company excites you. You possess fundamental knowledge of business administration or process and quality management.

What we offer you

We offer you an academic education that is oriented towards the needs of the business sector following a didactic concept adapted for part-time study.

Over the years we have established a strong network of representatives from business, politics and special interest groups that we have expanded and strengthened through a strategic partnership with the Institute of Internal Auditors Austria (IIA Austria). Thus in our teaching and research we can draw on experts from the industry with international experience and conduct joint research projects in which we focus on further developing innovative management approaches. In addition, we also support partners from profit and non-profit organizations in an advisory capacity in their projects, for example in 2014 we helped the Province of Burgenland develop a security strategy. We are one of the first universities to implement the "Three Lines of Defense" model in our education.

What makes this degree program special?

  • Unique education among the German speaking countries
  • Combination of business and management skills
  • Internationally recognized certificates: Risk, Process and Quality Manager, Certified Internal Auditor

With this part-time degree program you will receive an education that is unique among the German-speaking countries and combines risk management with business management, process and quality management and internal audit expertise. Integrated risk management is an education that can be applied in a wide range of business sectors including profit and non-profit organizations, small and medium enterprises as well as large corporations, providing you with excellent career opportunities. In addition, you have the opportunity to acquire internationally recognized certificates. The innovative approach of the degree program follows “The Three Lines of Defense” model, which sets new standards in risk management and serves as the basis for a functioning control and monitoring system for businesses.


What you will learn in the degree program

Performance indicators are an essential tool in risk management. It requires both the development of financial and procedural indicators. To meet these requirements, different focuses are set in the first semester:

  • Students with a business background will attend courses in process and quality management
  • Students with process and quality management experience will attend courses in business studies - business planning

In the following semesters, you will learn various qualitative and quantitative analysis methods. Thus you will learn to identify potential hazards to analyze operational and strategic risk situations and to develop multidisciplinary approaches to a complex environment. Finally, you will learn to evaluate and improve the effectiveness of risk management, the controls and the management and monitoring processes from the perspective of the internal audit. You will acquire the basic authorization for the certificate as a certified internal auditor.

Curriculum

LectureSWSECTS
Balance sheet Analysis ILV

Balance sheet Analysis ILV

Lector: Mag. Erwin Vitovec

1.5SWS
3ECTS
1.53
Ethics ILV

Ethics ILV

Lector: Mag. Josef Ruh

1SWS
1ECTS
11
Leadership and Management UE

Leadership and Management UE

Lector: Natalie Brezer, FH-Prof. DI Dr. Martin Langer, Mag. Clemens Österreicher, Mag. Josef Ruh

1SWS
1ECTS
11
Business Models and Business Plan Development ILV

Business Models and Business Plan Development ILV

Lector: Dipl.-Kfm. Dr. Martin Frentz, M.P.A.

3SWS
6ECTS
36
Principles of Business Economics ILV

Principles of Business Economics ILV

Lector: Ing. Herbert Dvorak, MBA, Dipl.-Kfm. Dr. Martin Frentz, M.P.A., DI Stephan Javurek, Mag.(FH) Johann Weber, MBA MPA MA

3SWS
6ECTS
36
Internal Control System and Interfaces ILV

Internal Control System and Interfaces ILV

Lector: Mag.a Ines Schubiger

1SWS
2ECTS
12
Management Models SE

Management Models SE

Lector: Mag. Josef Ruh, PD Dr.Dr. Dipl.-Psych. Guido Strunk

1.5SWS
3ECTS
1.53
Organizational Theory SE

Organizational Theory SE

Lector: FH-Prof. DI Dr. Martin Langer, Mag. Josef Ruh

1.5SWS
3ECTS
1.53
Business Economics Project PLV

Business Economics Project PLV

Lector: Dipl.-Kfm. Dr. Martin Frentz, M.P.A.

1SWS
4ECTS
14
Balance sheet Analysis Project PLV

Balance sheet Analysis Project PLV

Lector: Mag. Erwin Vitovec

0.5SWS
1ECTS
0.51
Process and Quality Management Project PLV

Process and Quality Management Project PLV

Lector: Ing. Herbert Dvorak, MBA, Dr. Roman Käfer, Mag. Josef Ruh, Mag.(FH) Johann Weber, MBA MPA MA

1SWS
4ECTS
14
Process Design Project PLV

Process Design Project PLV

Lector: Ing. Herbert Dvorak, MBA, LektorIn PlatzhalterIn 1

0.5SWS
1ECTS
0.51
Process Design ILV

Process Design ILV

Lector: Ing. Herbert Dvorak, MBA

1.5SWS
3ECTS
1.53
Process Management ILV

Process Management ILV

Lector: Ing. Herbert Dvorak, MBA, Mag.(FH) Johann Weber, MBA MPA MA

2SWS
4ECTS
24
Quality Management ILV

Quality Management ILV

Lector: Ing. Herbert Dvorak, MBA

3SWS
6ECTS
36
Quality Risk Management ILV

Quality Risk Management ILV

Lector: Mag. Gerhard Pöschl, MAS MSc, Mag. Josef Ruh

1SWS
2ECTS
12

LectureSWSECTS
Complexity ILV

Complexity ILV

Lector: PD Dr.Dr. Dipl.-Psych. Guido Strunk

2SWS
4ECTS

Lecture contents

Structuring of data and facts according to their contexts.
Analysing circular causal processes.
Identification of dynamics and systems, description and appropriate interventions.

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance

24
Risk Management Project PLV

Risk Management Project PLV

Lector: Ing. Herbert Dvorak, MBA, DI Stephan Javurek, Mag. Josef Ruh

1SWS
4ECTS

Lecture contents

Independently working on a comprehensive practical problem relating to risk management

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, project course

Language

German

14
Qualitative  Research Methods ILV

Qualitative  Research Methods ILV

Lector: Mag. Josef Ruh

2SWS
4ECTS

Lecture contents

Risk-oriented scenario analysis, Porter's industry structure analysis, risk-based qualitative business segment analysis, qualitative indicators development, the interaction of qualitative and semi-quantitative analysis

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance

Language

German

24
Quantitative Research Methods ILV

Quantitative Research Methods ILV

Lector: DI Stephan Javurek, DI Christian Plohberger

2SWS
4ECTS

Lecture contents

Concepts for initial analysis, methods of quantitative risk management and their application
The strengths and weaknesses of various methods

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance

Language

German

24
Risk and Society SE

Risk and Society SE

Lector: Mag. Josef Ruh

1.5SWS
3ECTS

Lecture contents

Dimensions of risk concepts
Risk perception
Decision-theoretical fundamentals
Risk ethics perspectives

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance

Language

German

1.53
Risk Management and Interfaces ILV

Risk Management and Interfaces ILV

Lector: Ing. Andreas Benedetter, BSc, MA, Ing. Herbert Dvorak, MBA, Dr. Roman Käfer, FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag.a Dr.in Beatrice Preßl, Dr.in Yvonne Prinzellner, Mag. Josef Ruh, Mag.a (FH) Eva M. Schrittwieser, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA

3SWS
6ECTS

Lecture contents

Application of risk management process in accordance with the underlying standards as an integrated function in the relevant control units of organizations, process-oriented interfaces to ICS, control-specific interfaces for controlling, system-relevant interfaces for internal audit; integrated monitoring and reporting systems to manage a holistic approach to risk management, the three lines of defence model as a system approach

Assessment methods

Module exam
Grading scale: (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance

Language

German

36
Systemic Management ILV

Systemic Management ILV

Lector: PD Dr.Dr. Dipl.-Psych. Guido Strunk

2SWS
4ECTS

Lecture contents

The application of systems theory - synergetics, a theory for understanding complex change processes. Synergetics methods as metrics for stability, feedback loops as a tool to introduce change processes.

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

Distance learning, classroom attendance.

Language

German

24
Negotiations Techniques SE

Negotiations Techniques SE

Lector: Christian Koller

1SWS
1ECTS

Lecture contents

Definition, characteristics and stages of negotiation, setting negotiating goals, techniques of negotiation, objection handling, the Harvard model, specifics of negotiation in an intercultural environment, application through case examples.

Assessment methods

Module exam
Grading scale: very good - good - satisfactory - sufficient - not sufficient

Teaching methods

Distance learning, classroom attendance

Language

German

11

LectureSWSECTS
Safety Management ILV 24
Compliance in Practice ILV

Compliance in Practice ILV

Lector: Mag. Thomas Schelmbauer

2SWS
4ECTS
24
Area specific Audits ILV

Area specific Audits ILV

Lector: Mag.a Ines Schubiger, Martin Wolf, LL.B, MA

1.5SWS
3ECTS
1.53
Compliance ILV

Compliance ILV

Lector: Mag. Thomas Schelmbauer

1SWS
2ECTS

Lecture contents

-

Assessment methods

-

Language

German

12
Controlling ILV

Controlling ILV

Lector: MMag. Christoph Blaha, MBA

2SWS
4ECTS
24
Corporate Security and Ecomomic Security ILV

Corporate Security and Ecomomic Security ILV

Lector: FH-Prof. Dipl.-Inform. Timo Kob, Christoph Moser, MA, Florian Polt, BSc, MA

2SWS
4ECTS
24
Leadership and Problem solving competence UE

Leadership and Problem solving competence UE

Lector: Marian Zefferer, BSc.

1SWS
1ECTS
11
Internal Auditing and Interfaces ILV

Internal Auditing and Interfaces ILV

Lector: Mag. Petra Carniel, Mag. Dr. Leo Hemetsberger, Mag. Thomas M. Klein, Mag. Stephan Pichler, Mag. Josef Ruh, Ing. Manfred Scholz, Mag.a Ines Schubiger, Mag. Anton Six

2.5SWS
5ECTS
2.55
Internal Auditing Project PLV

Internal Auditing Project PLV

Lector: Dr. Matthias Kopetzky, Mag.a Ines Schubiger

1SWS
4ECTS
14
Audit Planning and Implementation ILV

Audit Planning and Implementation ILV

Lector: Mag.a Ines Schubiger

1.5SWS
3ECTS
1.53
Vital Leadership ILV

Vital Leadership ILV

Lector: Bernhard Hötzel, Marion Hötzel

2SWS
4ECTS
24
Economic Crimea and Whistleblowing ILV

Economic Crimea and Whistleblowing ILV

Lector: Mag. Georg Jeitler, BA MBA, Dr. Matthias Kopetzky, Mag.a Ines Schubiger

1SWS
2ECTS
12
Scientific Project SE

Scientific Project SE

Lector: FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag.a Dr.in Beatrice Preßl, Mag. Josef Ruh, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA

2SWS
2ECTS
22
Science Workshop ILV

Science Workshop ILV

Lector: Mag.a Dr.in Beatrice Preßl, PD Dr.Dr. Dipl.-Psych. Guido Strunk

2SWS
4ECTS
24

LectureSWSECTS
Business Continuity Management SE

Business Continuity Management SE

Lector: Kai Mettke-Pick

1SWS
1ECTS

Lecture contents

Fundamentals of BCM as a management system, analysis of operations and the effects of disturbances and emergencies (business impact analysis), development of a continuity strategy and BCM processes

Assessment methods

Module exam
Grading scale (successfully completed – unsuccessfully completed)

Teaching methods

Distance learning, classroom attendance

Language

German

11
Business English ILV

Business English ILV

Lector: Anja Christensen, BA, FH-Prof.in Mag.a Dr.in Andrea Zimpernik

1.5SWS
3ECTS

Lecture contents

Grammar:
• Comparisons
• Hypothesizing, conditionals
• Word formation: prefixes, suffixes: forming adjectives, nouns
• Present simple & continuous
• Talking about the future
• Past time
• Present perfect & past tenses
• Typical mistakes & idiomatic business phrases
• Make versus do
• Relative clauses
• Passives & the causative
• Prepositions
• Subordinate clauses of result and purpose

Business Skills:
• Discussing jobs and responsibilities
• Professional emailing
• Presentation skills: presentation structure, opening & closing, signposting, idiomatic phrases, building rapport, results & trends, Q&A session
• Meetings & negotiations: expressing opinions, agreeing & disagreeing, persuading
• Text comprehension, film and music input & discussion: humans share a root system, ethics, leadership, risk assessment

Assessment methods

Your mark consists of these components:

• Final exam: 60%
• Classroom performance: 20%
• E-Learning tasks: 20%
Grading scheme:

0 - 59% Grade 5
60 - 70% Grade 4
71 - 80% Grade 3
81 - 90% Grade 2
91 - 100% Grade 1

Teaching methods

Distance learning, classroom attendance

Language

English

1.53
Coaching Masterthesis SE

Coaching Masterthesis SE

Lector: FH-Prof. Dipl.-Inform. Timo Kob, FH-Prof.in Mag.a Claudia Körmer, Mag. Dr. Hans Lampalzer, MA, Aldric Ludescher, Florian Polt, BSc, MA, Mag.a Dr.in Beatrice Preßl, Dr.in Yvonne Prinzellner, Mag. Josef Ruh, Mag.a Ines Schubiger, PD Dr.Dr. Dipl.-Psych. Guido Strunk, Martin Wolf, LL.B, MA

1SWS
1ECTS

Lecture contents

Formulation of a research question (operationalization, formation of objectives,); production of individual sections or status updates of the thesis/master thesis; Critical discussion and reflection of their own and other work and defence of their own research approach

Assessment methods

Module exam
Grading scale (successfully completed – unsuccessfully completed)

Teaching methods

Distance learning, classroom attendance

Language

German

11
Emergency and Crisis Management SE

Emergency and Crisis Management SE

Lector: FH-Prof. DI Dr. Martin Langer

1SWS
1ECTS
11
Integrated Risk Management Workshop SE

Integrated Risk Management Workshop SE

Lector: Mag. Josef Ruh, Mag.a Ines Schubiger

1SWS
1ECTS

Lecture contents

Case studies on management, risk management and internal auditing

Assessment methods

Module exam
Grading scale (Successfully completed - unsuccessfully completed)

Teaching methods

Classroom attendance

Language

English

11
International Weekend SE

International Weekend SE

Lector: Mag. Matej Drascek, Mag. Josef Ruh

3SWS
3ECTS

Lecture contents

Lectures, workshops on organization, process and quality management, business administration, risk management, complexity and internal auditing

Assessment methods

Module exam
Grading scale (Successfully completed - unsuccessfully completed)

Teaching methods

Classroom attendance

Language

English

33
Masterthesis MT

Masterthesis MT

Lector: FH-Prof.in Mag.a Claudia Körmer

0SWS
20ECTS

Lecture contents

Writing the Master's Thesis

Assessment methods

Module exam
Grading scale (very good – good – satisfactory – sufficient – not sufficient)

Teaching methods

-

Language

German

020

Times
every two weeks, allday, blocked on weekends

Language of Instruction
German


Career opportunities

The master's degree program prepares you for management and staff positions in international corporations as well as in small and medium enterprises. In these functions, you will consult the management strategically in the development of new business fields and the further development of the company. With your widely diversified education you have the advantage of being able to take on various management functions in companies such as risk management, controlling, compliance and auditing. In addition, you will be able to establish a comprehensive control system from the ground up, as well as all the required processes.

  • Enterprise risk management
  • Internal revision
  • Risk-oriented controlling
  • Compliance
  • Internal control systems (ICS)
  • Process management
  • Process-oriented risk management
  • Quality management
  • Quality risk management
  • Strategic management
  • Business development
  • Security management

Admission

Admission requirements

The basic requirement is a bachelor or graduate studies degree at a university with a total of 180 ECTS.
Graduates of business administration degree programs and the bachelor’s degree program Integrated Security Management meet this prerequisite.

Graduates of other disciplines need proof of sound knowledge in the fields of process and quality management that they have acquired as part of a bachelor or graduate degree or from relevant institutions. You must possess sufficient knowledge of German and basic knowledge of English in order to be able to understand the lectures.

Application

To apply you will require the following documents:

  • Bachelor/diploma certificate or equivalent certificate from abroad
  • List of courses completed or transcript
  • Letter of motivation
  • CV in table form

Please note
It is not possible to save incomplete online applications. You must complete your application in one session. Your application will be valid as soon as you upload all of the required documents and certificates. In the event that some documents (e.g. references) are not available at the time you apply, you may submit these later via email, mail or in person by no later than the start of the degree program.


Contact

Secretary's office

Brigitta Hofmann
Favoritenstraße 226, B.3.11
1100 Vienna
P: +43 1 606 68 77-2175
F: +43 1 606 68 77-2159
risikomanagement@fh-campuswien.ac.at

Office hours
by appointment

Teaching staff and research staff


Cooperations and Campusnetzwerk

We work closely with renowned companies in commerce and industry, with universities, institutions and schools. This guarantees you contacts for internships, employment or participation in research and development. You can find information about our cooperation activities and much more at Campusnetzwerk. It's well worth visiting the site as it may direct you to a new job or interesting event held by our cooperation partners!

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