Every organization, regardless of its size or industry, encounters a spectrum of risks—ranging from financial uncertainties and operational disruptions to technological shifts and stringent regulatory changes. Understanding how to identify and manage these risks effectively is critical to ensuring an organization’s resilience and sustainability. This is precisely where ERM comes into play.
In this course, you will learn how to systematically and proactively identify, assess, and manage risks. We will delve into the frameworks, best practices, and real-world case studies that will equip you with the essential skills to safeguard your organization. Our focus will be on turning the potential threats into strategic opportunities, enabling organizations to not only protect their operations but also to thrive in a competitive environment.
Today's interconnected business landscape presents risks from various sources—market volatility, cybersecurity threats, natural disasters, or compliance challenges. However, with a structured ERM approach, companies can confidently navigate these uncertainties. A robust ERM framework not only helps businesses to prepare for potential setbacks but also empowers them to leverage risks for competitive advantage.
Throughout this course, you’ll gain a solid understanding of ERM fundamentals and learn how to foster a culture of risk awareness across all levels of your organization.
One of the key highlights of this course is its practical orientation. You'll have access to real-life case studies and best practices from leading organizations to see how ERM is applied across diverse industries. These examples will provide actionable insights into how businesses integrate ERM into their day-to-day operations and strategic decision-making processes. By examining how successful companies transform risk management into a strategic advantage, you’ll be equipped to implement similar practices in your own context.
The course is designed to be engaging and interactive, blending video lectures, quizzes, and assignments to solidify your understanding. Whether you’re looking to strengthen your organization’s resilience or enhance your professional capabilities, this course will provide you with the tools and techniques to excel in Enterprise Risk Management.
By the end, you'll be ready to tackle risk management challenges with confidence and make strategic decisions that drive your organization forward.
Enroll now and take your first step toward mastering Enterprise Risk Management. In a world filled with uncertainties, it’s not just about avoiding risks—it’s about thriving amidst them.
We are excited to guide you on this learning journey and help you build a robust risk management skill set. Let’s embark on this transformative experience together!
| Course Status : | Ongoing |
| Course Type : | Not Applicable |
| Language for course content : | English |
| Duration : | 12 weeks |
| Category : |
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| Credit Points : | 3 |
| Level : | Undergraduate/Postgraduate |
| Start Date : | 20 Jan 2025 |
| End Date : | 15 May 2025 |
| Enrollment Ends : | 28 Feb 2025 |
| Exam Date : | 17 May 2025 IST |
| Translation Languages : | English |
| NCrF Level : | 4.5 |
| Industry Details : | Manufacturing |
Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.
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swayam@nitttrc.edu.in, swayam@nitttrc.ac.in
Week 1: Understanding the Foundations of Enterprise Risk Management
Week 2: Exploring the Spectrum of Risks in Organizations
Week 3: Leveraging ERM Frameworks and Global Standards for Risk Management
Week 4: Techniques for Comprehensive Risk Identification and Documentation
Week 5: Mastering Risk Assessment Techniques for Effective Decision-Making
Week 6: Crafting Effective Risk Mitigation and Response Strategies
Week 7: Continuous Risk Monitoring and Reporting for Organizational Resilience
Week 8: Integrating ERM with Strategic Planning and Organizational Decision-Making
Week 9: The Critical Role of Leadership and Culture in Driving ERM Success
Week 10: Harnessing Technology and Data Analytics in Modern ERM Practices
Week 11: Industry-Specific Risk Management Strategies and Best Practices
Week 12: Emerging Trends, Innovations, and the Future of ERM
Fraser, J. R. S., Quail, R., & Simkins, B. (Eds.). (2010). Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives. Wiley.
Sweeting, P. (2011). Financial Enterprise Risk Management. Cambridge University Press.
Simpson, G. A. (2014). Managing Project Risk: Best Practices for Architects and Related Professionals. Wiley.
Barrieu, P., & Albertini, L. (Eds.). (2009). The Handbook of Insurance-Linked Securities. Wiley.
Lannoy, G. G. (2011). Risk Management and Simulation. Wiley.
Mesler, M., & Dorfman, D. (Eds.). (2011). Advanced Financial Risk Management: Tools and Techniques for Integrated Credit Risk and Interest Rate Risk Management. Wiley.
Dr. M. Anil Kumar works as an Associate Professor in the Department of Rural and Entrepreneurship Development at NITTTR, Chennai. Prior joining NITTTR, he was a Senior Scientist at CSIR-Central Salt & Marine Chemicals Research Institute (CSMCRI), Bhavnagar and Honorary Assistant Professor at Academy of Scientific and Innovative Research, Ghaziabad from 2015 to 2023. He has also served as an Assistant Professor in the Department of Biotechnology, Madha Engineering College, Chennai from 2012 to 2014. He holds an undergraduate degree in B.Tech., Biotechnology and specialization in M. Tech., Environmental Science & Technology and Ph.D., Technology from Anna University, Chennai (India).
He is an Environmental Engineer with more than 12 years’ experience in diverse sectors; LNG terminals, ship breaking yards, ports, and harbours. He was a recognized EIA coordinator for Common Effluent Treatment Plants (CETPs) as well as functional area expert of Water Pollution Monitoring & Pollution Control; Solid and Hazardous Waste Management by NABET; an apex body under Quality Council of India. He has gained expertise in core functional areas like marine ecosystem, water pollution, industrial waste management, risk & hazard management, impact mapping, mitigation, and preparation of environmental management plan. As an investigator/consultant/team member, he had been associated in more than 25 sponsored research/consultancy projects. He is a trained biotechnologist and has working experience in strain improvement, bioprocessing, downstream processing of enzymes and microbial metabolites.
He is currently working in the mandate of Centre for Rural and Entrepreneurship Development at NITTTR Chennai and taking care of SWAYAM and research activities of NITTTR Chennai.
He has actively involved in HRD management through Jigyasa Programme; a visionary programme of our Honourable Prime Minister Shri. Narendra Modi during 2016-2023. He is an active advisory committee member/examiner for doctoral scholars registered in AcSIR, NIT, Anna University, Bharathiar University, SRM University, and Bharathidasan University.
To his credit, he has authored more than 65 publications in SCI/Scopus/UGC listed journals and contributed 15 chapters in books published by International Publishers. His research areas include Environmental Management, Bioremediation, Nanomaterials, Biomass Valorization, Method Development & Process Design. He has co-supervised 01 doctoral scholar, supervised more than 20 UG/PG dissertations, and delivered many invited talks at different forums. He is an active member in many professional bodies and an invited anonymous reviewer in many International/National journals of repute. He is also an editor in the Journal of Hazardous Materials Advances, Elsevier.
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