NCFM PRO - Enterprise Risk Management (ERM)

•  Introduction to VUCA world to understand the importance of Enterprise Risk Management (ERM) in today’s world.
• Trace the evolution of risk management form risk mitigation to risk optimisation.
• Enterprise Risk Management (ERM) Principles, Processes, and frameworks– COSO, ISO31000, Three Lines of Defence
• Regulatory framework and Enterprise Risk Management (ERM) in Indian Context
• Steps involved in setting up Enterprise Risk Management (ERM) in an enterprise.
• Risk Identification Strategies, Risk Monitoring & Risk Evaluation
• Emerging risks and Enterprise Risk Management (ERM)

• Understanding of Enterprise Risk Management (ERM) Concepts: Gain a comprehensive understanding of the fundamental concepts, principles, and Enterprise Risk Management (ERM) inologies related to Enterprise Risk Management.
• Risk Identification: Be able to identify and categorize various types of risks that organizations face, including strategic, operational, financial, and compliance risks.
• Risk Assessment Proficiency: Develop the ability to assess the impact and likelihood of identified risks. Understand how to prioritize risks based on their significance to the organization.
• Risk Mitigation Strategies: Learn different strategies for mitigating risks, including avoidance, transfer, reduction, and acceptance. Be capable of developing risk mitigation plans.
• Enterprise Risk Management (ERM) Frameworks Knowledge: Acquire knowledge of popular Enterprise Risk Management (ERM) frameworks, such as COSO and ISO 31000, and understand how they can be applied in practice.
• Risk Monitoring and Reporting Skills: Develop skills for continuous risk monitoring and timely reporting. Learn how to present risk information effectively to support decision-making.
• Compliance and Legal Awareness: Understand the legal and regulatory aspects of risk management to ensure organizational compliance with relevant standards and laws.
• Strategic Integration: Recognize how Enterprise Risk Management (ERM) aligns with an organization's strategic objectives and learn how to integrate Enterprise Risk Management (ERM) into the strategic decision-making process.

Corporate Professionals, College Students and Multidisciplinary

• Application of Enterprise Risk Management (ERM) in Real Scenarios: Analyse and apply Enterprise Risk Management (ERM) principles through the examination of real-world case studies and examples from various industries.

• Interactive Assessments: Engage in quizzes, self-assessments, and practical exercises to reinforce your learning and assess your progress.
• Certification: Upon successful completion of the module, receive a certification to validate your understanding of Enterprise Risk Management (ERM) fundamentals.
• Flexible Learning: Access the module at your convenience, allowing you to learn at your own pace and on the device of your choice.

Course Fees - Total Fees: Rs.7670/- (Rupees Seven Thousand Six Hundred and Seventy Only) inclusive of applicable taxes