R110: Risk Management Principles and Practices

This course is not available for registration at this time. Please see the Key Dates on the Program Courses page for further information.

An introduction to risk and risk management, this course defines four types of risk, compares enterprise-wide versus traditional risk management processes and highlights financial risk. The course summarizes tools and techniques to identify, analyze and treat risks, and presents global risk management standards and guidelines.

COURSE MATERIALS
Course materials include a textbook and a course guide.

EVALUATION
Evaluation for this course is based on the following:
Assignments
Midterm exam
Final exam 

The midterm exam is unproctored and is delivered through the course web page on our e-learning website.

*Please note:*  The final exam for this course is held at a Computer-based Examination Centre. Upon registration for the course, a booking confirmation containing the exam date, time, and location as well as other important information pertaining to the scheduled examination will be emailed to students.

COURSE SCHEDULE
Length: One term (13 weeks).

Delivery: Facilitated online learning. There is no weekly live class, but all students follow the same weekly schedule for readings, assignments, and graded online interaction. Students should plan to log in to the course website at least twice a week to participate in graded activities. The course instructor provides guidance and grades student work.

Time commitment: About 6-8 hours per week to complete readings, learning activities and discussion.

CANADIAN RISK MANAGEMENT (CRM) DESIGNATION
This course is recognized by RIMS, the risk management society. Successful completion of the Institute risk management courses will allow individuals to meet the foundational course requirements of the Canadian Risk Management (CRM) designation, which is awarded by the Global Risk Management Institute (GRMI).

All CRM candidates must also pass standardized exams administered by GRMI. Proof of registration in this course will qualify individuals to register for the corresponding GRMI exam.

Who Should Register
Courses in the Insurance Institute’s Risk Management Certificate program are designed for individuals who want to further their risk qualifications:

• Insurance distributors: brokers, agents, managing general agents, wholesalers
• Underwriters in risk analysis roles
• Loss prevention/fraud roles
• Operational risk management insurance roles
• Risk management roles outside of the insurance industry