This risk management online course, is delivered over 09 modules:
Module 1 - Overview of Risk Management
The first course module introduces candidates to contemporary risk management, incorporating an overview of the purpose and importance of business risk management and a look at its recent history/evolution. A variety of efficient risk management process activities are introduced, along with the benefits of risk management, risk classifications and important risk management tools.
Module 2 - Types of Risk
Risk types continue as the primary focus of Module 2, which guides candidates through numerous risk groups and classifications the modern business must take into account. Specific risk types introduced include liquidity risks, financial risks, market risks, operational risks, technological risks, economic risks and political risks.
Module 3 - Enterprise Risk Management
An overview of enterprise risk management follows in Module 3, in which candidates investigate the advantages of professional ERM implementation and the role the risk manager plays in ERM. This is also the module in which the importance of taking risks when pursuing business growth and expansion is introduced and explored.
Module 4 - Risk Analysis and Assessment
Course content in in the fourth module focuses on risk analysis – specifically the identification and consideration of current business risk factors. A variety of strategies for effectively identifying, classifying and ultimately addressing business risks are outlined.
Module 5 - Risk Identification; Process and Analysis
The following module investigates risk identification more intensively, guiding candidates through a number of effective risk identification strategies and the function/value of the risk register.
Module 6 - Risk Evaluation & Management
Business risk evaluation and management follow in Module 6, which explores and discusses the importance of timeliness in risk management, setting controls in place to deal with specific types of risks and a variety of effective risk response techniques/approaches.
Module 7 - Financial Risk Management
The analysis and management of financial risks in specific forms the core focus of Module 7. Along with the most important elements of the financial risk assessment process, candidates explore liquidity risk, recovery risk, counterparty risk, currency risk, foreign investment risk, environment risk and more.
Module 8 - Operational Risk Management
The value and purpose of operational risk management from the modern business perspective are explored in Module 8, incorporating an outline of effective operational risk strategy planning and implementation, an overview of key regulatory and statutory requirements and how the risk management professional contributes to all such efforts.
Module 9 - Technological Risk Management
A number of modern business technologies and their associated risks are introduced and discussed in this unit. Candidates explore the way in which I.T. systems and modern technology in general can be hugely advantageous, while at the same time posing very specific threats to the contemporary business.
Our Free certificate courses are online study programs. This means that you are able to study your free risk management course from home.