This is the second ERM course in the International Diploma Series. The aim of this module is to explore the impact of the business environment on organisational risk. The module examines issues relevant to specific sectors and geographical areas In addition the needs and demands of various stakeholder groups, including regulatory authorities are considered. This leads to the study of corporate governance and risk assurance and how this might influence the architecture of an organisation's risk management approach. The significance of risk culture, appetite and tolerance of risk in relation to current practices in risk management is given special consideration.
This is the first ERM course in the International Diploma Series. The aim of this module is to provide an introduction to the principles and concepts of risk and risk management. The history of risk management is explored as a means of understanding the current drivers of enterprise risk management, and the development and impact of international standards. This leads to an examination of the ways in which risks are classified and the models or frameworks that are utilised to identify, assess and treat them.