Certificate in Risk Analysis

Risk Analysis

About Risk Analysis
Risk analysis is the process of assessing the likelihood of an adverse event occurring within the corporate, government, or environmental sector. Risk analysis is the study of the underlying uncertainty of a given course of action and refers to the uncertainty of forecasted cash flow streams, the variance of portfolio or stock returns, the probability of a project's success or failure, and possible future economic states.

Why is Risk Analysis important?
Benefits of a risk assessment are
•    Identify security vulnerabilities — A risk assessment will evaluate an organization’s system by considering external as well as internal threats.
•    Determine new security requirements
•    Justify spending — The details of a risk assessment can help an organization to understand the financial risks of potential security exploitations.
•    Make smart purchases — The information a risk assessment provides can help an organization budget for security appropriately.
•    Improve planning — An organization must understand its current security risks in order to plan the architecture of its network for the future.
•    Document due diligence — A risk assessment and resulting remediation can also validate an organization’s efforts to enforce proper security measures.
•    Educated employees — A risk assessment has the added value of increasing employee awareness of security measures and risks.
•    Increased motivation — The fact that a risk assessment is underway at an organization demonstrates to its employees that security is a significant concern; the company acts like it is and, so, employees must follow suit.
•    Improved communication and decision-making
•    Boost productivity

Who should take the Risk Analysis Exam?
•    Risk management professionals
•    Compliance professionals
•    Risk Advisors and consulting firms
•    Auditors
•    Internal controls professionals
•    CFA / FRM / CA / ACCA / CAMS or Finance students
•    Business owners
•    Entrepreneurs
•    Innovators
•    Anyone who wants to assess their risk compliance or management skills
•    Risk compliance or management consultants
•    Professionals working in outsourced companies responsible for risk compliance or management
•    Anyone interested in risk compliance or management
•    Students

Risk Analysis Certification Course Outline

1. Introduction to Risk Management
2. Process of Risk Management       
3. Risk Options  
4. Create a Risk Management Plan
5. Enterprise Risk Management
6. Risk Assessment Planning
7. Developing Risk Framework
8. Risk Assessment report