The Certificate comprises of six sections which take students through a structured learning process over six to nine months.
Each section has a recommended minimum number of study hours. This will vary between individuals depending on ability, previous knowledge of risk management and educational background. An approximate guide to the total number of hours is 130. The course handbook provided to students on registration clearly indicates the recommended number of study hours per section.
The sections are listed below and a detailed syllabus is downloadable by clicking Certificate Syllabus (pdf - 28.1 Kb)
Section one: Introduction to Risk Management
- Definitions of risk
- Impact of risk on organisations
- Types of risks
- Development of risk management
- Principles and aims of risk management
- Risk management frameworks
Section two: Risk Strategy
- Risk management policy
- Risk assurance documentation
- Risk management responsibilities
- Risk architecture and structure
- Risk aware culture
- Training and communication
Section three: Risk Assessment
- Risk assessment techniques
- Risk classification systems
- Risk likelihood and severity
- Reducing the likelihood or risk materialising
- Reducing the severity of risk materialising
- Business Continuity Planning
Section four: Risk and Organisations
- Corporate governance model
- Stakeholder expectations
- Simplified business model
- Risk management and the business model
- Supply chain management
- Risk management in operatons, projects and strategy
Section five: Risk Response
- Enterprise risk management
- Importance of risk appetite
- Inherent and current levels of risk
- Risk tolerance, treatment, transfer and termination
- Insurance and risk transfer
Section six: Risk Assurance and Reporting
- Evaluation of the control environment
- Activities of the internal auditor function
- Risk assurance techniques
- Reporting on risk management
- Corporate social responsibility
- Benefits of risk management
|
