VISEMA-INS5022-SP-A-2023-4-F - L-Università ta' Malta

Course Title

INS5022 - Advanced Enterprise Risk Management

MQF Level

Duration and Credits

Summer Period

5 ECTS

Mode of Study

Part-Time Day

Information for International applicants

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Please check your eligibility to join this short course and time-tabling details with the Faculty of Economics, Management and Accountancy. The short course will only be delivered subject to a minimum number of applications being received.

Applications for our February and October intakes have been officially open since the third week in November. You can submit your application online. The deadlines for submission of applications vary according to the intake and courses. We encourage all international applicants to submit their applications as soon as possible. This is especially important if you require a visa to travel and eventually stay in Malta.

You can compare your national qualifications to the local requirements by visiting our qualifications comparability webpage. Access more information about our admission process and English language requirements.

The University of Malta has student accommodation on campus called Campus Hub. Campus Hub is just a 2-minute walk from the main campus. For more information, visit the accommodation website.

Our dedicated team at the student recruitment office is here to support you every step of the way. From the moment you start your application to the moment when you receive your decision letter, we're here to assist you. If you have any questions or need further information, don't hesitate to reach out to us. You can contact us at info@um.edu.mt, and our team will be more than happy to help.

After you receive an offer from us, our International Office will assist you with visas, accommodation and other related issues.

This study-unit is based on practical learning material developed and updated together with the Federation of European Risk Managers (FERMA)’s and the Public Risk Management Organization (PRIMO) team of risk experts. It covers the main blocks of the Body of Knowledge, Case Studies and Practical Exposures which are the object of a Risk Management Professional. That is Risk Management Frameworks, Strategies, Objectives, Standards, responsibilities, Policies and tools.

Main Reading List

Study Material Provided by FERMA and put on VLE.

Study-unit Aims

To set out the fundamental knowledge that applicants will require for a career in risk management.
To set risk management within the broader context of an organisation.
To determine the mechanisms and tools that are required for the treatment of risks and losses, with particular emphasis on control and reduction measures.
To communicate the nature, purpose and steps involved in risk control.

Learning Outcomes: Knowledge and Understanding

By the end of the study-unit the student will be able to:

Define the process of risk identification, assessment and evaluation within an organisation;
Communicate and report the nature, purpose and steps involved in risk control;
Identify and communicate financing techniques; the principles underpinning insurance; and the primary benefits insurance contributes to society.

Learning Outcomes: Skills

By the end of the study-unit the student will be able to:

Pro-actively Identify, compile, analyse, evaluate and measure exposure to the following risks:
- Probable
- Accidental
- Extraordinary business losses faced by individuals and organisations
- Emerging (for example cyber, social media and climate change risk)
- Reputation
- Regulatory
- Supply chain
- Financial
- Legal
- Property
- Personnel
- Political
- Environmental
- Fraud
Determine and suggest the range of risk control techniques, including prevention, protection and reduction techniques available;
Determine and develop loss prevention and protection strategies, as well as engage with business units.

Non EU Applicants:

EUR1356

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