Enterprise Risk Management Course: Align Strategy, Risk and Performance for Sustainable Growth
In the volatile, uncertain, complex and ambiguous world of today, characterized by constant disruptions and unpredictable challenges, the role of enterprise risk management (ERM) becomes even more critical and complex than before. Having a strong grasp of ERM and business continuity management (BCM) is essential for managing risks, creating value and maintaining the long-term growth and sustainability of an organization.
Our Nanyang Enterprise Risk Management programme (Nanyang ERM) enables management and risk executives to gain a more holistic view of risk throughout the organisation, so they can better align their business model and strategies to manage risk and achieve better returns.
Our curriculum is specially designed in collaboration with The Risk Management Society (RIMS) to equip you with the following five core competencies:
- Analyzing the Business Model
- Designing Organizational Risk Strategies
- Implementing the Risk Process
- Developing Organizational Risk Competency
- Supporting Decision Making
Besides deepening your knowledge and skills in ERM concepts, processes, tools and frameworks, these core competencies are aligned to the five domains of the RIMS-Certified Risk Management Professional (RIMS-CRMP) exam.
Nanyang Enterprise Risk Management course is the first university programme in Asia to offer a compelling 3-in-1 value proposition:
- Build ERM competencies and learn practical tools, frameworks and roadmaps which can be applied at work straight away.
- Provide a pathway to earn the only globally recognised and accredited RIMS-Certified Risk Management Professional (RIMS-CRMP©) credential.
- Gain access to valuable resources from the prestigious global networks of NTU Alumni and RIMS.
Build ERM competencies to mitigate risk and optimise performance | Establish an integrated and proactive risk management approach | Provide a pathway to earn the prestigious RIMS-CRMP credential |
- Identify and address risks and opportunities in a proactive manner, thus reducing time spent in the crisis mode and maximising value for the organisation.
- Gain a holistic view of risks throughout the organisation and manage risks more effectively as an interrelated portfolio.
- Apply ERM as a tool to identify, evaluate and monitor risk and design a practical roadmap for ERM implementation.
- Integrate ERM into strategy-setting and day-to-day operations for long-term growth and sustainability.
- Establish the right culture and mind-set that manage risks and maximise return.
- Learn industry best practices from prestigious NTU faculty and senior risk practitioners.
RIMS is a global professional body dedicated to advancing the practice of risk management across industries. The RIMS-CRMP credential defines the highest achievement in risk competencies as it is the only risk management certification in the world to be accredited by the American National Standards Institute (ANSI) and complies with the ISO/IEC 17024:2012 standard for certification bodies. For more information on RIMS and RIMS-CRMP certification, please visit www.rims.org.
Nanyang ERM Programme complements other study resources needed to prepare for the RIMS-CRMP© examination. Participation in the programme helps but does not guarantee a pass in the RIMS-CRMP© certification examination.
Middle to senior level executives who are involved in risk management, governance, internal audit, strategy-setting, and business continuity planning will benefit from this programme.
Programme participants include, but are not limited to:
- Risk Management Professionals
- Managers in Business Strategy / Business Continuity Planning / Corporate Planning
- Internal Auditors and Accountants
- Professionals who desire to grow their careers or knowledge in ERM to enhance their professional value
- Professionals who are interested in obtaining the RIMS-CRMP© certification are also encouraged to register for this programme
Developed in consultation with prominent risk management practitioners and aligned with the examination domains of RIMS-CRMP, Nanyang ERM programme combines the best knowledge, management tools, and frameworks from academia and industry (e.g. COSO
framework and ISO 31000 Risk Management), to provide the best value to the participants.
The programme consists of three modules of two days each. The outline and learning objectives of each module can be found in our programme brochure.
Programme Structure | Key Focus / Core Competency | Duration |
---|---|---|
Module 1 ERM Strategic Organisational Leadership | Analysing organisational model and designing organisational risk strategies | 2 days |
Module 2 ERM Implementation | Implementing risk management processes | 2 days |
Module 3 Sustainable Leadership In ERM | Developing organisational risk competencies and supporting decision making | 2 days |
While it is recommended to enrol for the full programme, each module can be taken independently, to suit the schedule and objectives of participants.
Programme Structure | Dates | Fees |
---|---|---|
Module 1 ERM Strategic Business Leadership | 26 - 27 September 2024 (Fully subscribed) | $2,000 |
Module 2 ERM Implementation | 17 - 18 October 2024 (Fully subscribed) | $2,000 |
Module 3 Sustainable Leadership in ERM | 14 - 15 November 2024 (Apply here) | $2,000 |
The fees quoted above are before GST. The usual GST applies.
Participants can choose to apply for the full programme (3 modules) or on a per-module basis. Training is conducted from 9am to 5pm unless specified otherwise.
*Please write to [email protected] to be waitlisted.
Venue:
Lifelong Learning Institute (LLI)
11 Eunos Road 8, Singapore 408601
MRT: Paya Lebar Station; OR
NTU@one-north, Executive Centre
11 Slim Barracks Rise (off North Buona Vista Road), Singapore 138664
MRT: Buona Vista Station (Exit D)
Nanyang Executive Education reserves the right to change the date, venue and mode of delivery due to unforeseen circumstances.
All applications will be reviewed by our Admissions Committee. We reserve the right to accept or reject the application of any participant without assigning any reasons whatsoever and the Office’s decision will be final.
Fees payable per Module after SkillsFuture Singapore (SSG) funding:
Programme Fee in SGD (per Module) | |||
---|---|---|---|
Fees BEFORE funding & GST | Fees AFTER funding & 9% GST | ||
Singapore Citizens (aged 21-39) / PR (aged ≥21) 70% Funding* | $2,000 | $654 | |
Singapore Citizens (aged ≥40) MCES1* - up to 90% | $2,000 | $254 | |
SME-sponsored Singapore Citizens / PR ETSS2 - up to 90% | $2,000 | $254 | |
International Participants without funding | $2,000 | $2,180 |
* Applicable for both self-sponsored and company-sponsored participants.
1. For more information about the SkillsFuture Mid-career Enhanced Subsidy (MCES) scheme.
2.For more information about the SkillsFuture Enhanced Training Support for Small & Medium Enterprises (ETSS) scheme.
SkillsFuture Credit
On top of the above funding, Singapore Citizens, aged 25 and above and self-sponsored may use their SkillsFuture Credit to defray part of the nett course fee.
Participants do not need to contact SkillsFuture to apply for funding prior to course registration. NTU will facilitate the funding paperwork for both self and company-sponsored participants. Participants will be invoiced the nett amount after funding and GST.
Funding Requirements:
- Participant must achieve at least 75% attendance for the programme.
- Participant must complete and pass all assignments / assessments as assigned by the trainer.
Goh Kia Hong
Assistant Dean (Undergraduate, Academic), Nanyang Business School, NTU Singapore
Senior lecturer, Division of Accounting
FCA (Singapore), Certified Internal Auditor
RIMS-CRMP
Kia Hong is a senior lecturer at Nanyang Business School (NBS), Nanyang Technological University. He is actively involved in curriculum and pedagogical development in the risk management and assurance courses that he teaches in the bachelor and master’s degree programmes. His teaching accolades include NBS Accountancy Teacher of the Year 2015 and NBS Teaching Excellence Award 2015 for Accounting Division. He holds a Master of Science (Marketing) from NTU where he was awarded the Dean's Honors’ List.
Before joining NTU, he was an audit partner of a public accounting firm and had worked as chief executives of companies in Singapore and South Korea. His roles included formulating strategies to meet business objectives, enterprise risk management and leading teams to ensure seamless operation of the businesses.
Kia Hong is a co-examiner for Singapore Qualification Programme for the business value, governance and risk module. He is a member of ISCA’s Auditing and Assurance Standards Committee and ISCA’s investigation and disciplinary panel. He contributes articles regularly to professional journals and the local media and is a regular speaker at major conferences.
Please click here to read more.
David Hill
Regional Head
Risk and Analytics, SE Asia
Willis Towers Watson
David is Regional Head of Willis Towers Watson’s Risk and Analytics for SE Asia with 30 years of risk and insurance advisory experience. He now leads risk advisory services together with a team of actuaries, analysts, climate scientists, engineers, forensic accountants, strategic risk consultants, and alternative risk transfer specialists.
Previously David has held senior global in-house roles as Head of Enterprise Risk and Head of Insurance in the FMCG and Marine sectors with Cadbury and AET. He also has extensive Risk Management consulting experience in Asia and Europe in past roles with Insurers and Brokers advising on insurable and ESG risk management.
His in-house responsibilities included establishing and embedding Enterprise Risk Management frameworks following principles of ISO31000 and COSO. In these roles he has defined risk appetite criteria for the BoD, directed operations management in their risk management responsibilities and presented regular board reports to uphold strong ESG practices.
David graduated in Mechanical Engineering and is a Chartered Engineer, Member of the Institute of Engineering and Technology, and Fellow of the Institute of Risk Management in London.
James Wong
Director, Strategic Risk Consulting
Risk and Analytics, Asia
Willis Towers Watson
James is the practice leader for Strategic Risk Consulting (SRC) for this region. He has 20 years’ experience with professional accounting and risk management firms. Since joining WTW in 2017, James has led over 70 risk consultancy projects including risk assessment, risk quantification, risk finance program optimisation. These include identifying and modelling physical and transition climate risks for clients.
During his career, James has led and worked closely with subject expert and professional service teams providing analytics, as well as insurance program management services for large and multinational corporations in Asia and Australia. He has experience in sectors including Agribusiness, Financial Institutions, Food & Beverages, Real Estate and Telecommunication, Energy & Power.
James graduated with a Master of Management and Professional Accounting from University of Toronto and an Honours Bachelor of Arts from University of Western Ontario. He is a Chartered Professional Accountant (Ontario, Canada) as well as an Associate in Risk Management (ARM) from Insurance Institute of America.
Dr. Reto Brosi
Managing Director and Co-Founder, Megrow Pte Ltd
ERM Consultant
PhD, University of Basel, Switzerland
Reto is the co-founder and managing director of Megrow Pte Ltd, a Singapore-based consulting firm specialising in enterprise risk management, training and interim management services with clients in the European Union, Hong Kong, Thailand, the Philippines and Singapore.
Prior to setting up Megrow, Reto has held various executive positions, including CEO of Asia Capital Reinsurance and General Manager of Swiss Re Southeast Asia’s Property & Casualty, with substantial experience working in Beijing, Hong Kong, Singapore and Zürich. He is a ERM pioneer in the insurance industry in Asia and an avid risk-blogger.
He obtained his PhD from the University of Basel, Switzerland and more recently earned the “International Certificate of Financial Services Risk Management” from the Institute of Risk Management in London, UK. He also chairs the board risk committee of a large private educational institution in Singapore.Tan Ching Guei
Managing Director, Covolve Pte Ltd
ex-Chief Risk Officer
MBA (Accountancy), CFA
Ching Guei is currently the Managing Director of a consulting firm. Prior to this, he has an illustrious career in the financial services sector spanning more than 20 years where he held various senior management positions in a Singapore bank, insurance and reinsurance companies, with the most recent being Chief Risk Officer of Asia Capital Reinsurance Group.
Based in Singapore, Ching Guei worked with professionals in Southeast Asia, China and Hong Kong. He has deep knowledge and diversified experience across many disciplines including strategy and change management; enterprise risk management; management governance, investment management; overseas business and partnership development and management; acquisition, merger and integration.
Effectively bilingual in English and Mandarin, Ching Guei holds a MBA (Accountancy) from Nanyang Technological University and a Bachelor of Engineering (First Class Honors) from National University of Singapore.For more information about this programme, please contact:
Jessica Leong
Deputy Director
Telephone: (65) 6904 7249
Email: [email protected]