The course is focused on the following areas: properties and characteristics of successful companies (Framework "7S" factors of successful businesses, case study: Businessman S. Walton - founder of Wall Mart stores). The influence of environment on the company. Basic principles of change processes of the company. Models of planned changes in the company (Levin model, Jaguar model, model Nokia). Change and risk. Types and risk analysis. Measurement of risk. Basic statistical characteristics of risk. Methods of reducing risk in management and its analysis (methods of removing the causes of risk, methods of reducing the effect of the risk). The basis of investment mathematics and methodology of investment decision. Reducing of the risk and evaluation of the investment in personal or corporate investment (case study). The risk connected with the change of the company's strategy including the methodology of the change strategy. Forecasting - tool for reducing the risk in the economic life of the company. Forecasting - tool to reduce risk in the economic life of the company. To acquaint students with selected advanced methods of analysis and economic modeling techniques (fuzzy logic, artificial neural networks, genetic algorithms) by explaining the principles of these theories and their subsequent application to managerial practice. The goal of the course is to familiarize students with some non-standard advanced methods of analysis and modeling techniques in economics and finance in the form of an explanation of the principles of these theories, to learn with these theories and their applications. The knowledge and skills obtain in the course will help to students obtain modern approach to the analysis and modeling of the national economy and private sector organizations, businesses, companies, banks, etc.