After a recent interview in the Financial Times business pages (Watch the video), EDHEC’s Professor Bertrand Monnet gave a course in Criminal Risk Management to the Global MBA participants.

For three days, Prof. Monnet, led the Global MBA participants through the darker side of business,  educating them on various forms of criminal risk including piracy, money laundering, counterfeiting, kidnapping, non-ethical competitors, corruption, and more. Throughout this course, emphasis was put on recognizing risk generators, assessment of risk, and preventing and addressing risk.      

Several guest speakers were also invited to present real examples within several different contexts. With a focus on the vulnerability of international companies – especially those working in high risk places – the presenters explained the increasing occurrences of cyber-crime, fraud, and theft and presented various ways of protecting against such risks.

The Global MBA participants enjoyed the class and all agree that it was an eye-opener. They especially enjoyed Prof. Monnet’s first-hand knowledge from experience in the field, something invaluable in this line of work.