Course Description 

The ever changing world of business is exposing organisations to risk situations. These risks can have damaging effects on the organisation’s name, reputation success and future. In such situations, the organisations become vulnerable. An enterprise-wide approach to risk management allows organisations to consider the potential impact of all types of risks upon processes, activities, stakeholders, products, services, to realise business objectives and seize new opportunities.

This course is designed for internal auditors who are involved in the ERM process, as well as managers and other professionals who deal with the complexities of ERM.

During the course, participants will be able to:

• Get an overview of the Enterprise Risk Management.
• Develop an understanding of the ERM frameworks.
• Have an understanding of the ERM environment.
• Develop an understanding of the ERM implementation with particular reference to risk assessment and treatment.
• Understand the monitoring mechanism of an ERM.
• Understand how to evaluate and improve the ERM.

Course Objectives  

The objectives of the course are to enable participants to:

• To understand how enterprise risk management can be used to support your organisation in achieving its objectives and targets. 
• To give you the skills to effectively assess risk, to select appropriate risk treatment measures and understand risks are not always bad!
• To help you understand the benefits of risk management and its relationship with business continuity, governance, social responsibility and sustainability. 
• To support you in influencing and improving operational management, quality and risk performance through the framework of an integrated enterprise risk management system.
• To ensure you understand the importance of incorporating business continuity into the enterprise risk framework to ensure your organisation can withstand the worst.
• To monitor and evaluate an enterprise risk management program for improvement.

Learning Outcomes

By the end of this course, participants will be able to:

• Define the exposures that constitute the overall risk faced by a firm or enterprise;
• Discuss the process of managing the various exposures that affect the firm or enterprise;
• Explain how risk can be avoided and protect the firm or enterprise;
• Organise, model and quantify the exposures and risks faced by the firm or enterprise;
• Calculate the effect of the risks on the value of the firm or enterprise;
• Analyse how a firm’s corporate governance structure relates to the risk management process.

    Duration

           2 days

    Hours To Be Earned

           12 Hours

    Certificate

    Price

           Rs 4000