Course Code
Theory / Lab / Tutoring / Exercises Sessions
3 / - / - / -
5th or 7th
Instruction & Examination Language
Available for Erasmus Students
Course Website
Course Category
Course Type
Scientific Expertise
ECTS Credits
Σ. Bersimis
Course Objectives - Contents

This introductory course adopts a holistic approach to the risk management process of both individuals and businesses, for both insurable risks and financial, operational, and strategic risks.

In the first part of the course general risk management theory and practice are discussed and the major methods of managing risks are presented.

In the second part of the course the focus is on the insurance mechanisms that are the best-established and most widespread tools for managing risks for individuals and firms. The major types of insurance contracts are presented, as well as the distinctive characteristics of each.

Learning Results

At the end of this course students will be able:

  • to recognize the total spectrum of risks, both pure and financial risks;
  • to use statistical tools in order to measure risks;
  • to identify and measure risks that may affect persons and households, as well as the risks of corporations;
  • to analyse the basic insurance contracts; and
  • to determine the relationship between private and social insurance.


80 Karaoli & Dimitriou st
18534, Piraeus