IRM India Affiliate and NMIMS Center for International Studies Launch Professional Enterprise Risk Management (ERM) Program


Entry into the ERM program is not limited to NMIMS students; The program is open to students studying at any other college, working professionals, and entrepreneurs and business owners. Aspirants from all over India can apply virtually in separate batches, starting with level 1 through to level 3, which is equivalent to an international master’s degree. Succeeding in GRE, after passing the rigorous IRM qualifications through this program, signifies expertise and mastery of the essential knowledge and skills needed to manage enterprise-wide risk across all industries and economies, including cybersecurity, supply chain, climate change, reputation, and more.

By elaborating further, Hersh Shah, CEO, IRM India Affiliate, noted: “In today’s complex business environment, an intelligent risk leader is now preferred over an expert in the field who may not have the keen sense to navigate uncertainties like the pandemic or the climate change or even a cyber attack.

Additionally, with the SEBI, RBI, IRDAI, and the 2013 Companies Act mandating risk management in specific organizations, there is a huge demand for qualified risk professionals. With NMIMS ‘legacy in quality management education and global leadership and IRM’s expertise in ERM qualifications, the Professional Enterprise Risk Management program will produce talent with resolution skills. complex issues, risk-based decision making and analytical thinking for every function and industry. .

Market and recruitment data suggests that the average annual salary of qualified risk professionals ranges from INR 9 to 35 lakhs, while the average compensation of a risk manager in India ranges from INR 70 lakhs to 2.5 crore. This is an indication of the priority organizations place on their risk management strategies and on building teams with skilled and risk-smart talent. “

Dr. Ramesh bhat, vice chancellor, NMIMS (reputable university) said, “Organizations and regulators recognize the importance of trained risk analysts. These professionals have expertise in enterprise-wide risk management and can help develop a strong risk culture to improve the survival of all types of organizations in all industries. With an advanced understanding of leading global risk frameworks, growing and interconnected uncertainties, and strategic threats, we are confident that applicants following this program will acquire the requisite knowledge and skills in the areas of risk identification, ‘risk mitigation and crisis management strategies. to achieve business goals with the least exposure to risk.

The Blended Learning Enterprise Risk Program will bridge the gap between supply and demand for ERM by helping aspirants improve and develop the necessary skills and knowledge base in this area. Intensive classroom-focused virtual learning will be delivered by experienced NMIMS CIS teachers, allowing for faster clarification of doubts and more effective preparation through appropriate assessment approaches. We recognize IRM’s global leadership in ERM professional training, and together we are committed to creating a pool of qualified professionals globally. ”

M / s. Deepali kamle, director in charge, NMIMS Center for International Studies, said,Businesses face multiple challenges in the form of legal and regulatory frameworks, financial resources, market access, business support, development and training structures. A poor risk assessment can have an impact on the overall performance of a business. Mitigating threats, along with identifying relevant opportunities, albeit risks, are the answers to any business success. The COVID-19 pandemic has given us a myriad of reasons to think about and plan for the risks that prevail in our environment and around us. Traditionally, risk management has been limited to the financial and insurance spheres, but with the advent of the COVID-19 pandemic that has crippled most industries, and with the major business failures occurring all around, the wish is robust corporate risk management.

This opens up a plethora of opportunities for students, young professionals and even senior executives, who want to deepen their knowledge in the area of ​​risk. Risk management is actually a stimulus for growth and success, and being willing to take risks is the need of the moment. We are very happy to offer this niche professional qualification to applicants, in collaboration with IRM.

IRM’s 5-level qualification and membership path, recognized in over 140 countries, provides an ideal opportunity for students, working professionals and entrepreneurs / business owners to capitalize on the demand for smart risk experts and build a successful career. Applicants can enroll in the Professional Business Risk Management program while continuing their education or working anywhere in India. After passing the MRI exams, they will receive the worldwide MRI certification in ERM, as well as the opportunity to become a Certified Member of the Institute (CFIRM – level 5), and even become a smart leader in matter of risk.

More information about the professional ERM program and registration details are available at:

About IRM India Affiliate:

The Institute of Risk Management is the world’s leading professional body for qualifications and membership in Enterprise Risk Management (Levels 1-5). IRM publishes research and advice, as well as professional standards around the world. Our members (including members of the Institute of Operational Risk) work across all industries, across all risk disciplines, and in the public, private and not-for-profit sectors in over 140 countries. With 360 examination centers at India, applicants can obtain the IRM designations by pursuing the Global Examinations through IRM India Affiliate. MRI in India has worked with agencies and umbrella organizations like AICTE (Ministry of Education), Invest India, Cipla, ICICI Lombard, Deloitte, JB Boda Group, NIMSME (Ministry of MSMEs), Bombay Chartered Accountants’ Society and CNBC- TV18.


About the NMIMS CIS:

Created in 2006 as the “SVKM Institute for International Studies” and with a legacy of more than 15 years, the Center for International Studies (CIS) has created a niche for itself by providing a learning environment. conducive, which is very important for the conduct of international business. programs. At CIS, students receive a quality education in state-of-the-art classrooms, well equipped with new teaching techniques and the latest online learning environment of global standards. A talent base of engaged, enthusiastic and professionally accredited professors, encourages students to develop and express their creative and competitive talents and thus fosters holistic development. CIS, in its truest essence, is a “happy place of learning”.


About SVKM NMIMS University:

Founded in 1981, NMIMS is recognized today as a world renowned university with strong links to industry. It offers several disciplines on 8 campuses comprising 17 specialized schools, more than 17,000 students and approximately 750 full-time professors, 10 professors holding a Fulbright scholarship and an international Humboldt scholarship for post-doctoral researchers. He is known for his consistent academic quality and research-driven approach to holistic education. SVKM’s NMIMS has achieved Category I University status by MHRD / UGC Graduated Autonomy Regulation 2018 and NMIMS Mumbai Campus is NAAC accredited with a CGPA of 3.59.



SOURCE Institute of Risk Management, Indian subsidiary


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