Courses – Fakultet tehničkih nauka u Novom Sadu

Subject: Financial Resistance to Risks (17.ZP511)

Type of studies	Title
Master Academic Studies	Disaster Risk Management and Fire Safety (Year: 1, Semester: Summer)

General information:

Category	Theoretical-methodological
Scientific or art field	Upravljanje rizikom i menadžment osiguranja
ECTS	4

The objective of this course is to introduce students to basic economic instruments that contribute to reducing the socio-economic vulnerability of society to catastrophic events. Also, the objective of the course is that students acquire the competencies and knowledge necessary to improve the financial resilience of the society.

Students gain competitions necessary to improve the financial resilience of societies. Students will be able to identify financial instruments for reducing the vulnerability of the society by analyzing potential capabilities of community and individuals.

Financial models of risk management are being studied in the context of preparedness of community for catastrophic events. Different financial instruments for risk management are analyzed and compared, prior to a catastrophic event (relocation of funds with the aim of preventing and mitigating damage) and after a catastrophic event (risk transfer for reconstruction and recovery of society).

Lectures and auditory practices.

Authors	Title	Year	Publisher	Language
Vinod T.	Climate Change and Natural Disasters: Transforming Economies and Policies for a Sustainable Future	2017	Transaction Publishers	English
Gerard Caprio et al.	Handbook of Key Global Financial Markets, Institutions, and Infrastructure	2012	Elsevier	English