Module manual


Risk Management & Compliance


Basic knowledge of private economic law and corporate governance

Teaching methods Lecture
Learning target / Competences

Students acquire the theoretical and practical competencies for understanding, setting up and assessing a holistic risk management system with its subsystems of internal control system and internal audit system. They have the necessary understanding of standards through legal foundations, but also in particular the practice-relevant holistic models (including COSO-Enterprise Risk Management, ISO 31000, Minimum Requirements for Risk Management (MaRisk), Three Lines Model). Students will be able to situate the final audit in this context.
They will be able to assess the respective risk management system on the basis of management reporting.
Students are familiar with the success factors for the processes and methods as well as the limits of a risk management system. In addition, they are aware of the challenges involved in the introduction and further development of a risk management system. They acquire an overview of all compliance-relevant legal topics and thus understand the legal basis of risk management.
Students will be familiar with the obligations of company management under company law, antitrust liability, criminal liability, and the framework of labor law. They also gain insights into the obligations of listed companies under capital market law.
As non-lawyers, students acquire the necessary instinct for legal risks.

Duration 1 Semester
Hours per week 6.0
Classes 90 h
Individual / Group work: 180 h
Workload 270 h
ECTS 9.0
Requirements for awarding credit points

Module assessment: Written exam (K150)

Responsible person

Prof. Dipl. Kfm. Ulrich Bantleon, WP/StB

Recommended semester 1. oder 2. Semester
Frequency Annually (ss)

Betriebswirtschaft (Master)
Wirtschaftsingenieurwesen (Master)
Wirtschaftsinformatik (Master)


Corporate Compliance

Type Lecture
Nr. W1161
Hours per week 2.0
  • Compliance practice report
  • Corporate law
  • Antitrust law
  • Business criminal law – corruption
  • Capital market law
  • Labor law

Moosmayer, Compliance, 4. ed., Munich 2021.
Kark, Compliance-Risikomanagement, 2. ed., Munich 2019.
Kleinfeld/Martens, CSR und Compliance, Wiesbaden 2018.
Kuthe/Szesny (ed.), Kapitalmarkt Compliance, 2.ed., Heidelberg 2018.
Gruetzner/Jakob, Compliance von A-Z, 2. ed., Munich 2017.
Hauschka/Moosmayer/Lösler, Corporate Compliance, 3. ed., Munich 2016.
Ghassemi-Tabar/Pauthner/Wilsing (ed.), Corporate Compliance, Düsseldorf 2016.
Siedenbiedel, Corporate Compliance, Herne 2014.
Bungenberg/Dutzi/Krebs/Zimmermann (ed.), Corporate Compliance und Corporate Social Responsibility, Baden-Baden 2014.
Teichmann, Compliance, Munich 2014.

Risk Management

Type Lecture
Nr. W1160
Hours per week 4.0
  • Classification within corporate governance
  • Legal framework of risk management
  • Risk-management process
  • Models for implementing a holistic risk-management approach, in particular COSO Enterprise Risk Management, ISO 31000: Risk Management – Principles and Guidelines, MaRisk, and Three Lines of Defense model
  • Risk management instruments
  • Quantitative and qualitative approaches
  • Presentation of risk management in the management report
  • Limits of risk management
  • Audit of risk management
  • Practical examples

Romeike, F./Hager, P.: Risikomanagement 4.0, 4. ed., Springer Gabler, Wiesbaden 2020.
RMA (ed.): Managemententscheidungen unter Risiko, RMA-Schriftenreihe Band 2, ESV, Berlin 2019.
RMA/ICV (ed.): Vernetzung von Risikomanagement und Controlling, RMA-Schriftenreihe Band 3, ESV, Berlin 2018.
Thalib, N.: Der Schwarze Schwan, 4. ed., Pantheon Verlag, Munich 2018.
Diederichs, M.: Risikomanagement und Risikocontrolling, 4. ed., Verlag Franz Vahlen GmbH, Munich 2017.
Gleißner, W.: Grundlagen des Risikomanagements, 3. ed., Verlag Franz Vahlen GmbH, Munich 2017.
Amling, T./Bantleon, U.: COSO-Regelwerk 2013 "Internal Control - Integrated Framework" - Neue Anforderungen an die Corporate Governance in Deutschland, Die Wirtschaftsprüfung 2014, S. 343-353. IDW Verlag, Düsseldorf.
Bantleon, U./Schmidt, P./Singler, H.: Impulse für das Risikomanagement in Deutschland - COSO Enterprise Risk Management 2017 - Integration with Strategy and Integration, Die Wirtschaftsprüfung 2019, S. 1134-1145, IDW Verlag, Düsseldorf.