As human beings and professionals we live amid a wide array of risks – which we undergo and/or take - in an always more complex and volatile political, economic and social environment. We therefore need to Understand our own “risk profile” Assess and handle our personal and professional risks Be able to analyse and manage the risks to which the entity where you work, be it public or private is also exposed. This reality is universal but takes specific features for who works within or with the Public Sector and this why this course will Expose by way of introduction the “basics of risk” e g inter alia the main categories and dimensions, the interactions between them, the ways to analyse and/or mitigate it and the rationales to risk taking Describe in a detailed and concrete fashion the main “macro-risks”: Country risks, Sovereign risks, Public Sector Risks, Economic, commercial and financial risks Dive into the real life of idiosyncratic risks, i.e. the risks you take or generate when working with or within the Public Sector be it on policy making, lending, guaranteeing, holding capital, dealing with the financial sector or with the so called “markets”. The objective is to equip the students with the adequate intellectual – and to some extent technical- background and tools to integrate the “risk factor” in their activities and strategies in order to help them navigate as serenely and efficiently as possible amid quiet or – more probably - rough waters.
Lamia LIABES
Enseignement électif
English
A high degree of concentration and an active participation during the courses is the most important element of success. Reading the Press with a “risk analysis” eye is also key.
Good knowledge and culture in economics and politics, basics in banking and finance, strong interest for risk analysis and wish to be able to integrate the “risk factor” in designing or analysing public policies, or carrying a strategic dialogue with policy makers.
Spring 2023-2024
The three-exercise requested to validate the course will be:
At the start of each session, with the exception of the first, a 10 minutes pitch by 1, 2 or exceptionally 3 students (10 minutes each) on a topic. (20%)
One midterm paper (due in 1 week) (40%)
One final in class exam during the last session (40%)
Sessions (with the exception of the first one, will start with 2 or a maximum of 3 “pitches” of 10 minutes maximum each to be done by students (see above : “validation”). Slides will be provided to support each session.