IBF519 Risk and Insurance Management


IBF519 Risk and Insurance Management

Syllabus   |  International University of Sarajevo  -  Last Update on Mar 03, 2026

Referencing Curricula

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International Business and Finance

Academic Year
-
Semester
-
Course Code
IBF519
Weekly Hours
3 Teaching + 0 Practice
ECTS
6
Prerequisites
None
Teaching Mode Delivery
Online
Prerequisite For
-
Teaching Mode Delivery Notes
-
Cycle
II Cycle
Prof. Jane Doe

TBA

Course Lecturer

Position
-
Email
Phone
033 957
Assistant(s)
-
Assistant E-mail

Course Objectives

The course outlines the risks faced by both individual and the business along with a variety of methods used for its treatment.

Learning Outcomes

After successful completion of the course, the student will be able to:

1
Evaluate the range of risks facing individuals and businesses and assess their potential impacts.
2
Critique the main principles of risk management and their application in modern organizations
3
Analyze and justify strategies for addressing risks related to income loss, property ownership, and legal liability.
4
Formulate appropriate insurance solutions for different contexts and propose alternatives where insurance may not be sufficient.
5
Integrate knowledge of fundamental risks with societal, regulatory, and ethical approaches to risk management.
6
Design a comprehensive risk management plan that combines insurance tools with non-insurance techniques

Course Materials

Required Textbook

Rejda, G. & McNamara, M.J. (2017). Principles of Risk Management and Insurance, Pearson Education.

Additional Literature

Teaching Methods

The methods include lectures (which may involve PowerPoint presentations
Videos
And audio aids)
Student presentations
Projects
And class discussions.

Weekly Topics

This weekly planning is subject to change with advance notice.
Week Topic Readings / References
1 Registration week - syllabus
2 Risk and its treatment
3 Insurance and risk
4 Introduction to risk management
5 Enterprise risk management
6 Types of insurance and marketing systems
7 Midterm Exam
8 Insurance company operations
9 Financial operations and insurers
10 Government regulation of insurance
11 Legal principles in risk and insurance
12 Life insurance
13 Health insurance
14 Personal property and liability risk
15 Project presentations and final exam review

Course Schedule (All Sections)

Course Schedules with all sections will be available here soon.

Office Hours & Room

Course Office hours will be available here soon.

Assessment Methods and Criteria

Assessment Components

20%x1
Final Exam
AI: Not Allowed

Alignment with Learning Outcomes : 

20%x1
Midterm exam
AI: Not Allowed

Alignment with Learning Outcomes : 

20%x2
Project
AI: Not Allowed

Alignment with Learning Outcomes : 

15%x1
Case study
AI: Not Allowed

Alignment with Learning Outcomes : 

15%x1
Participation
AI: Not Allowed

Alignment with Learning Outcomes : 

IUS Grading System

Grading Scale IUS Grading System IUS Coeff. Letter (B&H) Numerical (B&H)
0 - 44 F 0 F 5
45 - 54 E 1
55 - 64 C 2 E 6
65 - 69 C+ 2.3 D 7
70 -74 B- 2.7
75 - 79 B 3 C 8
80 - 84 B+ 3.3
85 - 94 A- 3.7 B 9
95 - 100 A 4 A 10

Late Work Policy

Information about late submission policies will be shared during class and posted in this section. Please check back for official guidelines.

ECTS Credit Calculation

📚 Student Workload

This 6 ECTS credit course corresponds to 150 hours of total student workload, distributed as follows:

Lecture Hours

45 hours ⏳ (15 week × 3 h)

Home study

15 hours ⏳ (15 week × 1 h)

Case study

15 hours ⏳ (1 week × 15 h)

Project

25 hours ⏳ (5 week × 5 h)

Midterm exam study

25 hours ⏳ (1 week × 25 h)

Final exam study

25 hours ⏳ (1 week × 25 h)

150 Total Workload Hours

6 ECTS Credits


Course Policies

Academic Integrity

All work submitted must be your own. Plagiarism, cheating, or any form of academic dishonesty will result in disciplinary action according to university policies. When in doubt about citation practices, consult the instructor.

Attendance Policy

Students are expected to adhere to the attendance requirements as outlined in the International University of Sarajevo Study Rules and Regulations. Excessive absences, whether excused or unexcused, may impact academic performance and eligibility for assessment. Mandatory sessions (e.g., labs, workshops) require attendance unless formally exempted. For detailed policies on absences, documentation, and penalties, please refer to the official university regulations.

Technology & AI Policy

Laptops/tablets may be used for note-taking only during lectures. Phones should be silenced and put away during all class sessions. Audio/video recording requires prior permission from the instructor.

Artificial Intelligence (AI) Usage: The use of AI tools (e.g., ChatGPT, Copilot, Gemini) varies by assessment component. Please refer to the AI usage indicator next to each assessment item in the Assessment Methods and Criteria section above. Submitting AI-generated content as your own work, where AI is not explicitly allowed, constitutes an academic integrity violation.

Communication Policy

All course-related communication should occur through official university channels (institutional email or SIS). Emails should include [IBF519 ] in the subject line.

Academic Quality Assurance Policy

Course Academic Quality Assurance is achieved through Semester Student Survey. At the end of each academic year, the institution of higher education is obliged to evaluate work of the academic staff, or the success of realization of the curricula.

More info

Learning Tips

Engage Actively

Be prepared to contribute thoughtfully during class discussions, labs, or collaborative work. Active participation deepens understanding and encourages critical thinking.

Read and Review Purposefully

Complete assigned readings or prep materials before class. Take notes, highlight key ideas, and jot down questions. Aim to grasp core concepts and their applications—not just facts.

Think Critically in Assignments

Use course frameworks or methodologies to analyze problems, case studies, or projects. Begin early to allow time for reflection and refinement. Seek feedback to improve your work.

Ask Questions Early

Don’t hesitate to reach out when something is unclear. Use office hours, discussion boards, or peer networks to clarify concepts and stay on track.

Syllabus Last Updated on Mar 03, 2026 | International University of Sarajevo

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