LONDON: The London-based Institute of Risk Management has revealed a new International Diploma in Risk Management. The diploma is the IRM's postgraduate level distance learning qualification and has been redesigned in order to take into account a much broader view of risk and risk management, the IRM said.
Steve Fowler, chief executive officer of the IRM, explained that the IRM views risk management as a multi-faceted, integrated, enterprise-wide, holistic tool.
"If you are teaching risk management, then you need to teach a balanced view of risk management, including the upside as well as the downside of risk," he said.
The new diploma is post-graduate level, but a degree is not required—entry requirements are a degree or a certain level of experience—about three years' or more risk management experience at a senior level.
Mr. Fowler said that features of the new course include a broad range of options with an enterprise-wide approach, international applicability and availability, improved student support, and flexible distance learning so that students can progress at their own pace.
He estimated that the diploma should involve about four years' part-time study, with a minimum of two years' and an upper limit of eight years' study involved. It would cost around £4,000 ($8,000) over four years, Mr. Fowler said.
Steve Fowler, chief executive officer of the IRM, explained that the IRM views risk management as a multi-faceted, integrated, enterprise-wide, holistic tool.
"If you are teaching risk management, then you need to teach a balanced view of risk management, including the upside as well as the downside of risk," he said.
The new diploma is post-graduate level, but a degree is not required—entry requirements are a degree or a certain level of experience—about three years' or more risk management experience at a senior level.
Mr. Fowler said that features of the new course include a broad range of options with an enterprise-wide approach, international applicability and availability, improved student support, and flexible distance learning so that students can progress at their own pace.
He estimated that the diploma should involve about four years' part-time study, with a minimum of two years' and an upper limit of eight years' study involved. It would cost around £4,000 ($8,000) over four years, Mr. Fowler said.
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