As the world's leading provider of futuristic learning experiences, Emeritus collaborates with over 50 universities worldwide. The below programs will help you deeply understand and expand your knowledge of risk management, its fundamentals, and advanced concepts. These courses are meant for someone who wants to build, launch and switch their career to risk management. Even CIO, CTO, and CFO can take up the below courses. To learn more about it take a look into the course by clicking on individual online courses and certification programs below to uncover the curriculum, duration, eligibility, highlights, and learning outcomes.
What is Risk Management?
The chaotic and volatile nature of the market makes a strong case for risk management. With emerging risks like fluctuating prices, mass resignations, geopolitical crises, and debt crises, businesses increasingly depend on inputs from their audit, risk, and compliance departments. These inputs aid executives in making informed decisions that comply with risk tolerance.
Risk management comprises elements that allow organizations to implement sustainable initiatives in sync with their long-term goals. These elements are:
- Understanding risk dimensions
- Adopting new risk metrics
- Increasing assessment frequency and collaboration
The calculated use of the above elements puts companies in a favorable position while anticipating and mitigating existing and emerging risks. Online risk management courses cover all of the above aspects and more, and the demand for them is on a meteoric rise.
Keep Reading: What is Risk Management ?
Learn About Risk Management Jobs
Risk management is integral to the smooth functioning of an organization. Consequently, risk managers often specialize in several areas, such as commodity risk, business continuity, corporate governance, environmental risk, enterprise risk, and financial risk. Other aspects include information and security, market and credit, regulatory, and technology risks.
Although they are not typically involved in talent issues, risk management executives are aware that hiring and retaining talent becomes essential when employee turnover rises from 15% to 45% at a company, as seen in the "Great Resignation" which can pose a serious threat to the organization.
Risk management is not an entry-level role but requires considerable expertise and on-site experience. Risk management jobs involve various responsibilities, primarily planning, designing, and implementing a holistic risk management process. Additionally, they entail risk assessment and evaluation while keeping the company's risk appetite in mind.
Furthermore, risk managers must present relevant risk reports to the different stakeholders of an organization. The board of directors must be aware of the most significant risks, business heads should know about department-specific risks, and executives must recognize the individual risks. Lastly, risk management roles are also associated with providing staff support, education, and training to generate risk awareness within the organization.
Some risk management roles include:
- Loss control consultant
- Compliance officer
- Risk analyst
- Risk and compliance investigator
- Model risk specialist
- Regulatory affairs manager
- Risk manager
- Chief risk officer
Why take an online course at Emeritus?
Each Emeritus online course is designed keeping key learning outcomes in mind by a team of experts. We use the backward design methodology to develop instruction for learners of all ages. This enables us to craft unique, interactive, learning experiences that include a combination of assessments, hands-on activities, skill application, and more.
Emeritus also collaborates with the best universities and faculty around the world to curate the course curriculum that can effectively tackle present challenges in the industry, while preparing you for the trends and risks in the future. Our courses consist of assignments, exams, capstone projects, networking opportunities, a fine balance of practical and theoretical concepts, and the opportunity to learn from top minds in the industry. This adds to the holistic experience we try to provide for each learner.
We are also focused on providing courses that are standardized in quality. This is done by adhering to standards set by a global organization called Quality Matters which is focused on providing quality standards for online and innovative digital teaching and learning environments. The rigorous criteria ensure all our learners invest in quality education which is easily accessible and affordable.
Can I work full-time while learning risk management online?
Most online risk management courses are self-paced and comprise information and exercises that learners of all levels can attempt. Diligently dedicating some time to risk management can significantly boost one's proficiency. Therefore, working full-time while pursuing risk management online is an attainable goal.
How valuable is an online risk management certificate?
A certificate proves that one deeply understands risk management, its fundamentals, and advanced concepts. In addition, online risk management courses offer certification to demonstrate that a job-seeker is duly qualified and motivated to learn. Showing such qualities provides a considerable boost to one's employability.