Management of risk is now a key issue for all major businesses and effective risk management is an essential element of successful organizational performance. Assessment and formal treatment of risk and uncertainty is needed in all aspects of management including: investment decisions, business continuity, corporate security and strategic decision making.

Effective risk management is increasingly becoming recognized as a necessary condition for successful organizational performance. The complete MBA in Risk Management will train managers to deal with risks internally, inter-organizationally by skillfully financing it. Attention will also be paid to international dimensions of risks which have become growing aspect of risk management with continued globalization.

This risk management course intends to build and nurture necessary competence for Risk Management strategist. It provides knowledge and skills in the use and application of risk management tools and nurtures the details of Risk management and internal control framework. It covers the knowledge and skills on utilization of Risk Management techniques for effective decision making and provides competence and proficiency necessary for identifying and solving complex Risk situations such as fraud, project, procurement and other corporation areas in a multi discipline business environment.

The examination scheme intends to cover the meaning, scope and purpose of Risk Management, Risk Management framework, risk governance, risk aware culture, risk assessment, risk response and insurance, operational risk management, risk assurance, risk analytics and future of risk management.

The course is designed for students who want to develop organizational and analytical skills in a number of financial risk management roles in industrial, commercial and governmental organizations. The course will enable students to critically evaluate and utilize new and established risk management tools in national and international contexts and measure the effectiveness of risk policy implementation.