The course aims to explain the legal and compliance background to risk management, before considering in a non-mathematical way the core principles and processes of managing risk. Case studies will be used and the emphasis of the course is on developing a comprehensive understanding of the subject and its terminology. Methodology The course aims to explain the legal and compliance background to risk management, before considering in a non-mathematical way the core principles and processes of managing risk. Case studies will be used and the emphasis of the course is on developing a comprehensive understanding of the subject and its terminology. This is an online course using the following techniques: • Lecture and class discussion. • Analysis of selected corporate case studies. • Description of real-life case examples.