Risk management involves the identification, prioritization and assessment of financial risks. Students learn to help businesses reach their goals by reducing uncertainty. In the process, specific resources are applied with the goal of minimizing, controlling and monitoring possible losses or unfortunate events.

Norway (Norge) is the westernmost, northernmost — and in fact the easternmost — of the three Scandinavian countries. Norway is well known for its amazing and varied scenery. The fjords in the west of the country are long narrow inlets, flanked on either side by tall mountains where the sea penetrates far inland. The ultimate responsibility for the education lies with the Norwegian Ministry of Education and Research.