DRIVING PROFESSIONAL STANDARDS

DRIVING PROFESSIONAL STANDARDS
Title
Venue
Programme
Schedule
Programme
Outline
Assessment
Fees
Withdrawal
from EPF
7.05 International Certificate in Risk Management (CIRM)
Duration
Programme Methodology
6 months, (72 hrs) Formal lectures, Group Discussion and Final Examination
The Malaysian Insurance Institute City Centre
Suite 6.0W, 6th Floor, Wisma Sime Darby, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.
Classes are mostly conducted on Saturday
Time: 9.00 am to 4.30 pm
Exam: Jun or Nov
*Please see updated course schedule in MII 2014 Programme Calendar or visit www.insurance.com.my.
Participants are advised to register TWO months before the new intake.
Modules One
Modules Two
Principles of risk and risk management
This module provides an introduction to the principles
and concepts of risk and risk management. It explores
the history of risk management to help gain an
understanding of the current drivers of enterprise risk
management, as well as the development and impact
of international standards. The module examines the
ways in which risks are classified, and the models and
frameworks that are commonly utilised to identify,
assess and treat them.
Key topic include:
• The concepts and definitions of risk and risk
management
• Risk management standards
• Enterprise risk management
• Risk assessment, identification, analysis and evalution
• Risk responses and risk treatment
Practice of risk management
This module explores the impact of the global
business environment on risk. It examines issues
relevant to specific sectors and geographical areas,
and the needs and demands of various stakeholder
groups, including regulatory authorities. The
module studies corporate governance and risk
assurance and how these can influence the design
of a risk management programme.
Key topic include:
• An overview of the global business and risk
environment
• Risk architecture, strategy and protocols
• Risk culture, appetite and tolerance
• Risk and organisation, including an introduction
to corporate governance, project and
operation risk management, and supply chain
management
• Organisation risk management, emerging risks
and future developments
All modules are assessed by examination. Module one is assessed by a 90 minutes multiple choice examinations.
Module two is assessed through a combination of short answer and essay style question.
Full Course Fee: RM9,500 (HRDF claimable)
The fee includes tuition fee, examination fee, online study materials and membership to the MII and IRM for
the period of study.
After 50% subsidy by Capacity Building Fund for participants from PIAM and LIAM member
companies: RM4,750
You can also withdraw from your EPF account II to finance your study in this programme. For further enquiries,
please contact EPF Call Management Center. tel: 03-8732 6000 or visit www.kwsp.gov.my
About The Institute of Risk Management (IRM)
The Institute of Risk Management (IRM) is a Risk Management’s leading professional education and training
body based in UK. The Institute provides high quality education, training and professional development in Risk
Management on different levels, from introductory to expert. For more info, visit www.theirm.org
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