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 include a textbook and
a course guide.
Evaluation for this course is based on the
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.
Length: One term (13
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.
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
• Underwriters in risk analysis roles
• Operational risk management insurance roles
Risk management roles outside of the insurance
COVID-19 update: Due to the current government mandates in
the province of Ontario our usual textbook fulfillment process has been
disrupted. Please note registered students may experience delays experience
delays in receiving their textbooks.