International Certificate in Enterprise Risk Management
Whether you’re adapting to the digital frontier, safeguarding time-tested infrastructure, or braving bold bets, the only constant is risk. From GRC to ERP, our comprehensive suite of courses helps you manage, master, and leverage every facet of risk for your and your organization’s growth.
International Certificate in Enterprise Risk Management
Equivalent to degree level
No formal entry requirements
Duration of 6-9 months
180-200 hrs. / module
By the end of this course, you will:
- Master the foundational principles of enterprise risk management.
- Implement effective risk assessment strategies across various business contexts.
- Enhance your decision-making skills by integrating risk considerations.
- Drive organizational resilience and sustainability through proactive risk management
The International Certificate in Enterprise Risk Management can be pursued as a stand-alone certification, or as the first of two parts – along with the International Certificate in Financial Risk Management – under the International Diploma in Risk Management.
While there are no formal entry requirements, IRM-enrolled students are expected to hold basic knowledge around risk management tools and techniques. This is a self-directed, distance learning track.
Module 1
- Unit A: General introduction to risk management concepts
- Unit B : Key risk management standards, including the most generally accepted ISO 31000 standard (ISO, 2018), as well as specialist risk management standards
- Unit C: Overview of Enterprise Risk Management (ERM) and its real-world applications
- Unit D: Risk assessment considerations, risk cause and effect, and risk classification systems
- Unit E: Risk analysis and risk evaluation
- Unit F: Risk response and treatment techniques and strategies
Module 2
- Unit A: The implications of the global business and risk environment on organizations
- Unit B: Risk architecture, strategy and protocols, risk management documentation and responsibilities
- Unit C: Organizational culture around risk appetite and tolerance
- Unit D: Corporate governance, international regulatory bodies, and supply chain management
- Unit E: Control environment, internal auditing, and risk assurance and reporting
- Unit F: Case studies in organizational risk management
- Duration and study effort
Average duration of 6 to 9 months, with an estimated 180-200 hours of study per module. Students enroll in and complete both modules simultaneously, including the examination stage. This is a self-directed, distance learning track.
- Examination schedule
Assessments are scheduled twice annually, typically in June and December, leveraging IRM’s online, computer-based formats and platforms.
- Assessment process
- Module 1: Evaluated through a combination of a multiple-choice exam, accounting for 40% of the final mark, and a 2,000-word essay, making up the remaining 60%.
- Module 2: Consists of two essay assignments, each 2,000 words in length, with each essay contributing 50% towards the final mark.
To enquire on pricing and other information areas, please reach out to our team on info@crminstitute.org.
