Lessons learned from the global financial crisis show that the role and understanding of financial risk management is essential for all economic actors (companies and institutions) in the financial sectorinance, both domestic and international financial markets. The course of risk management presents the theory of financial risk management as well as its application to companies and financial institutions. The course will provide the concepts of financial risk management, financial risk management and corporate value, types of risks in the market and their effects on companies and financial institutions. The main types of risks that have a significant impact on economic actors in the markets will be discussed in this course include: market risk, credit risk, operational risk, liquidity risk account, country risk, systemic risk, behavioral risk, governance risk, inflation risk. The content presented in this course will help students gain a theoretical and practical background in today's risk management issues.