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ERM Designation and Professional Diploma
Participant Profile: Who Would Benefit
What are the Benefits for YOU?
What are the Benefits for Your Organization?
Detailed Programme Contents
Programme Structure and Assessment
Training Method, Formats and Faculty
Programme and Exam Fees
Programme Dates
Past Participants Profile
Quotes from Past Participants



 
 

NUS Professional Diploma in Enterprise Risk Planning and Management
ERMTM - Enterprise Risk Manager

UPGRADE PROGRAM FOR CPRM GRADUATES (Graduated before July 2008). If it is not your case click here!

Fraud, Terrorism, technological changes, increasing competion, CSR, business changes, etc. Being able to effectively identify and manage risk to make to make the best possible decisions and improve your performance is quickly becoming a key source of sustainable competitive advantage in today's global and volatile economy.

Extraordinary changes call for exceptional leaders who are able to combine a detailed understanding of today’s complex business environment and emerging risk issues with sophisticated decision-making, managerial and organisational skills.

The ERMTM Designation develop these ‘hybrid' leaders/managers who are effective in delivering change and securing competitive advantage for their organization and are able to use Risk Management as leverage for effective risk taking, innovation and change.

 


Please scroll down or click on the links on the left column for more information.


 

  The ERMTM Designation and the Professional Diploma

The Enterprise Risk Manager (ERMTM) designations is awarded by the Asian Risk Management Institute (ARiMI) in association with National University of Singapore (NUS) who is awarding a Professional Diploma in Enterprise Risk Planning and Management. The ERM programme provide a comprehensive and structured learning path consists of 2 levels as follows:

Level 1: CPRM Certification
To lay the strong foundations for a comprehensive knowledge in Risk Management and master the Risk Decision-Making process.

Level 2: Diploma
To Build a comprehensive Enterprise wide perspective on on key risks, compliance, governance issues and develop the skill to implement ERM effectivelly.

The whole programme is designed to meet the most demanding needs of a wide range of Risk Management Professionals by delivering a integrated, cross-disciplinary understanding of key risk management issues and to equip decision-makers with methodologies, tools and best-practices applicable regardless of industry backgrounds. These are essential for an organization’s survival and growth in an increasingly complex and volatile business environment.

The program also follow a UNIQUE experiential Learning format that ensure you can internalise and apply in your work the knowledge acquired and furthermore its modular approach give you flexibility to learn and work effectively at the same time by spreading the modules required for the program over a few quarters.

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Participant Profile: Who Would Benefit

With its holistic perspective on risk management as a decision-making process, the programme is targeted at middle to senior managers from all industry sectors and functions who are concerned with the challenge of making important decisions in an uncertain environment and who need to understand how risk will influence their ability to deliver positive results and be successful in their organization.

The programme is also suited for any individual who has a professional interest in becoming proficient in enterprise risk management and wishes to further his/her career development into the field of risk management.

The following groups of people will find this program particularly beneficial:
  • Senior Risk Managers/Directors/CROs
  • Insurance Managers, Brokers, Underwriters
  • Internal Auditors, Managers and Accountants
  • Public Sector Officers and Government Officers
  • Change Managers and HR Managers
  • Legal Professionals

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What are the Benefits for YOU?

The programme is designed to advance your professional development, and will enable you to:
  • Gain new knowledge and build an in-depth understanding of Enterprise Risk Management most recent and effective tools and methodologies.
  • Learn how to turn your new knowledge into practical skills to improve immediately your effectiveness and performance at work.
  • Enhance your leadership and risk decision-making skills by learning how to make the right decisions for important and difficult business/operational issues positively influencing organizational results.
  • Build your network with risk professionals and learn from direct industry experience in managing Risks.
  • Gain a professional title recognizing your new knowledge & skills to build a successful career in the new growth area of Risk Management.
  • Leverage your new knowledge & skills to gain a competitive edge over your peers and enhance your career advancement opportunities.

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What are the Benefits for Your Organization?

Risk Management is now on the Board of Directors 'To Do List!' As illustrated by new codes of corporate governance from all over the world including the Code of Corporate Governance 2005 issued by the Council on Corporate Disclosure and Governance which states under Guideline 12.2 that, “The board should comment and provide assurance on the adequacy of … risk management systems..."  

An Enterprise Risk Manager - ERMTM
is well equipped to lead your organization through the Enterprise Risk Management journey, having learned the methodology and tools to deal effectively with both strategic and operational risks. 

In summary, your organization will also gain from the following:

  • Having 'In House' experts really able to apply Risk Management principles and tools effectively in your organization and Drive the ERM implementation journey successfully.
  • Increase your stakeholders confidence in your Risk Management experience and capabilities.
  • Reduce waste and enhance operational efficiency with improved risk-based processes and control systems coupled with the development of a risk aware culture.
  • Improve ERM's contribution to your organization's performance by optimizing the overall strategic and operational risks/return balance.

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Programme Contents

The basis for the ERMTM & Professional Diploma Programme is a problem-solving approach emphasizing practical applications by using real-life business case studies. The programme provide a comprehensive and structured learning path consists of:

  1. Core certificate modules laying strong foundations for a comprehensive knowledge in Risk Management Decision-Making process,
  2. Core diploma modules building an Enterprise wide perspective of key risk, compliance, governance issues and
  3. Elective modules covering and deepening specific areas of interests.

Job functions

As you have already obtained the CPRM/Professional Certificate (old format), you will not need to take all the modules and can also claim credits for the examination process of the new ERM/Professional Diploma course. Scroll below to see the detailed list of modules required to complete and upgrade to the Diploma program


CORE DIPLOMA MODULES

CDM 1 to 3 - Risk, Organization & Leadership


Module Description Duration
CDM1 Leveraging Compliance and strenghtening Corporate Goverance with Risk Management 1 day
CDM2 Leading Corporate Transformation: L everaging Your Human Capital with Risk Management 1 day
CDM3 Strategic Risk Communication, Trust & Reputation: How to build a key competitive diferentiator 1 day


ELECTIVE DIPLOMA MODULES

Elective Modules (EM): Group I - Statistical & Financial Approach To Risk Management


Module Description Duration
EDM1 Advanced Data Analysis for Risk Forecasting and Management 1 Day
EDM2 Advanced Enterprise Risk Modeling and Simulation for Effective Risk Decision-Making 1 Day

Elective Modules (EM): Group III - Key areas of practice for Risk Management

Module Description Duration
EDM5 Best Practices for effective Risk-Based Internal Audit 1 Day
EDM6 Business Ethics and Fraud Risk Management 1 Day


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Programme Structure and Assessment: The Learning path

1 - Upgrade ERMTM & Professional Diploma:
Current CPRM graduates(prior to July 2008) seeking Diploma accreditation are required to:

  1. Attend all three core diploma modules (CDM1 to CDM3) - 3 days
  2. Attend 2 groups of Elective Modules (EDM1 & 2 and EDM5 &6) – 4 days
  3. Pass successfully the required exam
Diploma Examination process

The Sit-in exam consists of Forty Five questions (multiple-choice) and is administered onsite at the Asian Risk Management Institute. The time allotted is one hour and fifteen minutes.

Thanks to the MODULAR structure of the program, candidates seeking accreditation and who wish to have more time flexibility to combine work and learning can spread and attend all core and elective modules over a six (6) to nine (9) months period. Then they will have another 6 months to conduct the dissertation/Field Study and submit it to the institute. Hence, the professional Diploma provides you the flexibility to be completed gradually over 2 quarters. Click Here for the Detailled course calendar.

Programme Award

Upon completion of the requirements for the Diploma Level i.e. modules attendance, electives, Project/dissertation & exam, candidates will be awarded the professional designation and Diploma:

  • Enterprise Risk Manager (ERMTM) by the Asian Risk Management Institute
  • Professional Diploma in Enterprise Risk Planning and Management by NUS Extension

ERM & CPRM Graduates

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Training Method, Formats and Trainers

All course modules are conducted using a unique workshop format that fosters interaction, knowledge sharing and experiential learning. It involves a balanced mix of:

  • fondamental lectures with effective supporting materials;
  • interactive case presentations;
  • group discussions and sharing of experience;
  • problem-solving exercises including computer aided workshops;
  • case simulations with 'role plays';

Course materials

All with a clear focus on real Risk Management issues in an Asian context.

For this program, you will learn from ARiMI top Master Trainers: Marc Ronez and Er Jwee Ping. There are both highly credentialed practitioners, scholars, skilled educators, groundbreaking researchers, and entrepreneurs. They will bring to the participants a wealth of knowledge and experience that will be very useful in the work of the participants. For more information click on the name of the faculty below:

  • Marc Ronez, Lead Master Trainer
  • Dr Er Jwee Ping, Master Trainer
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    Programme Fees for existing CPRM Graduates (prior July 2008)

    Find below the package for CPRMTM graduates who wish to complete the diploma.

    The programme fees consist of 
        a) Course Fees &
        b) Exam Fee
    2 -Progressing to Professional Diploma level Package Programme
    (7 days - 3 Diploma Core Modules & 4 Electives) Course Fee
    (particpants must have completed CPRM & Certifcate during a previous session)   From
    1 June 08
    Course Fees including GST 7%
      SGD 4,775.00
    Exam Fee
    (nett, GST not charged)
      SGD 450
    Course Fees for both Normal and Comprehensive programmes include
    • Course contents guides and instructional materials for future reference
    • Templates of key risk management tools
    • Interaction with risk management peers
    • Coffee breaks during workshop days
    • Semi-annual networking events to meet peers from previous batches
    • Complimentary 1-year membership to the Asian Risk Management Society (alumni association)
    INCLUDED in Course Fees


    DISCOUNTS APPLICABLE:

    a) Fee Sponsored by company:

    1 - The ERMTMProgram is eligible for funding of 70% of course fee (capped at SGD 5,000) under the FSDF Financial Training Scheme (FTS) for financial sector organizations.

    2 - The Course Fee for the ERMTM programme is eligible for SDF funding for SMEs. 

    3 - Special 10% Group discount on Course Fees available for 3 or more participants (from same organization) registering and paying at the same time. 

    b) Fee paid by participant:

    Special 10% discount on Course Fees applicable for NUS Alumni who is NOT sponsored by an organisation.

    IMPORTANT NOTE: A participant is only eligible for one of the above discounts.

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    Programme Dates

    ENTERPRISE RISK MANAGER (ERMTM)

    1st Quarter 2009 - Session AX11
    Certifcate Core Module 6 - February 19
    Diploma Core Modules 1 to 3 - March 16-18
    Elective Module 2 - March 20
    Elective Modules 5 & 6 - April 15-16

    Schedule Quarter 1 2009

    2 nd Quarter 2008 - Session AX12
    Certifcate Core Module 6 - May 21
    Diploma Core Modules 1 to 3 - June 15 - 17
    Elective Module 2- June 19
    Elective Modules 5 & 6 - July 15-16

    Schedule Quarter 2 2009

    Click Here for the Detailled course calendar.

    All classes are conducted at ARiMI @ NUS Ext campus at Park Mall
    [9 Penang Road, #12-01, Park Mall (opposite Dhoby Ghaut MRT), Tel: (+65) 6338 8400]

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    Past Participants Came From

    Particpants are coming from a wide range of industry bringing a wealth of perspectives on critical Risk Management issues and illustrating the critical importance of effective Risk Management for every industry sectors and job funtions.

    INDUSTRY SECTORS

    Industry represented

    PARTICIPANTS FUNCTIONS

    Job functions

    Companies represented

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    Quotes from Past Participants

    “The ERMTM has provided me with the fundamental knowledge, tools and methodologies that are critical for the successful implementation and administration of a robust ERM program. I would highly recommend CPRM fpr all practioners of risk management.”
    Alvin Chong, Risk Manager, SingTel - Singapore Telecommunication Ltd

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    This upgrade package is ONLY going to be availabel for the 1st & 2nd Quarter 2009. So take this opportunity and Register for the next intake Now to reserve your Place!

     
     


    For more info please

    To register for the ERMTM program ugrade, please click

     
         
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