Risk Management Program Preview – Presented by McMaster Continuing Education


– [Christine] So, here’s a little bit about our agenda for today. I’ll explain the two program options of the Risk Management
Certificate of Completion versus the Business Administration diploma with a Risk Management concentration. We’ll look at some of the
details and the format of that. And we’ll talk about the new
formatting of the program and the course schedule. And I’ll explain some more
about the risk management, this CRM designation, and
how you can obtain this. And at the end of the presentations, I’ll answer any questions
that you might have. So let’s take a look here. So, at these two programs. The first option is a
Certificate of Completion, which is a three-course program in any of our programs here at McMaster, the Certificate of Completion, and that’s for the Risk
Management courses. So Risk Management
Principles and Practices, Risk Assessment and
Treatment, and Risk Finance. If you have taken risk
courses prior to us, from the fall of 2018,
you’ll now notice that they are eight weeks in duration instead of 13 weeks, as previously done. This accelerated model was
introduced in the fall of 2018 in response to students who said they wanted to complete a
program faster than before. And so now we’re offering
these courses back to back. So what will happen is, our
eight-week courses will happen, we’ll have a two-week break
in between the courses before continuing on to the next course, and the same thing for the next one, a two-week break and then
continue on to your third course. So now you can finish
this certificate program in less than eight months. All three of the courses
need to be completed through McMaster Continuing Education to earn this certificate with us. They do not all need to
be completed with McMaster in order to move forward to
write the exams with the CRM or the Global Risk Management Institute, which is the GM, GRMI, pardon me. Okay, so now we’ll go
into some program options with the Business
Administration Certificate. The Business Admin diploma with concentration in Risk Management requires you to complete
the three risk courses plus five business
administration core courses. These five courses will
provide a great understanding of the knowledge and skills needed to be successful in business,
no matter if it’s nonprofit, for profit, IT, healthcare,
education, or risk management. People should understand
how business works. Risk courses and business
administration courses can be completed at the same time. So you don’t need to do one or the other, you can complete them both in tandem. And for the business courses, and if you’re new to
business, I would suggest that you take the business
foundations course first, otherwise, the order
doesn’t really matter to us, in which order you take them. So the five core business
administration courses are business communications, which is also accelerated
and in the longer version, the foundations of
business finance course, which is found both in class and online, the business foundations course, which is online and in class, and one of the online
versions is also accelerated, the introduction to marketing,
which is in class and online, with an accelerated version
of that class as well, too, and organizational behavior,
which is in class and online and also has, or will be
having, come the fall of 2019, an accelerated version. So no matter which option you
pursue, you have to complete the three risk courses along with the five courses listed above. Okay, so let’s have a closer look at the three risk management courses. Risk Management Principles and Practices. This course provides a basic overview of what risk management
really is, why it’s important, and how to effectively manage risks. It’s the great foundational
course and it is, if you’re looking at the
scheduling system, it is RSK 713. The Risk Assessment and Treatment course goes into a little more
detail and focuses on how to identify, assess,
and properly manage risk. Again, if you’re looking at the schedule, this is course number RSK 714. The risk finance course, which is the final course of the three, deals with the understanding
of how to properly manage the financial aspects of risk. And this is especially pertinent for people who are in the
insurance and banking industries and work around risk management
in those two industries. And so that, if you’re looking, is the final course in
the series, RSK 715. More detailed course descriptions can be found on our website. And so always, if we’re
placing new information about our programs this year,
the website is the place, and the most recent place
for finding information. These courses should be
completed in sequence, as they build upon each other. As mentioned earlier, the
risk management courses are eight weeks in total,
and starting in the fall, will be back to back. The courses are offered either online or in person throughout the year. If you take our in-person courses, they are following the 13-week model, so they follow the semester. So there will be a fall,
winter, and spring selection of the in-class courses. So check our website to see
when the courses will be offered in your desired format. The fall courses will
have all three versions for the online, if available. So, and the program, a little
bit on the program details. Often courses typically have weekly pre-recorded instructor presentations, which provide the lecture
component of the course. There is also some good
content in the live sessions through WebEx or Zoom
that our instructors use. And the instructors will walk you through attending these sessions prior
to it actually being held, for those of you who haven’t been online with WebEx or Zoom sessions previously. There are group
discussions that take place throughout the course, so
you have the opportunity to interact with other students and delve deeper into the content. These discussions are
facilitated by the instructor and are graded. Again, when you post your
comments each week is up to you and one great aspect of the
online group discussions is that every student gets a voice. Each course is unique,
but you should expect a mixture of quizzes, exams,
assignments, and case studies. The WebEx participation will also add to assist your learning. And you will earn a grade for each course and your grade will be listed on an official McMaster transcript. Worried that you’re going
to miss a WebEx session? Not to worry, they are archived and accessible to you after the broadcast. About eight to 11 hours
is what you’ll need to feel comfortable and in control with the pace of the course. Some students can be more or
less in terms of the hours, as it all depends on your learning style and available hours in a day
to look at course materials. All the courses require a
textbook and a course pack. These are materials that
are purchased separately after you enrol and pay for a course. Materials must be purchased online at the McMaster campus store website. Now, you can expect to spend approximately $300 for course materials per course. So here’s a little bit about where the schedule can be found. So if you access mcmastercce.ca
and go into programs, what you’ll find is a listing
of all of our programs along the left-hand side. And towards the bottom is the Risk Management program itself. Once you click on that, it goes into a screen that looks like this. And what you’ll find is,
the fourth item down is the schedules and fees page. And that’s where you’re going to find the schedule for all three sessions, as well as the cost per course. So, if you’re interested in earning your Risk Management or
your CRM designation, you must successfully complete the three risk manages
co-offer, courses, pardon me offered by McMaster Continuing Education and three standardized exams, one for each risk management course. The three standardized
exams are administered by the Global Risk Management Institute and are outside the scope
of any of the assignments that you will complete through McMaster. So how you do on the
CRM exam does not impact the grade you receive from McMaster. Registration and payment
of the CRM designation and scheduling of any timing
around your examinations are handled through the Global
Risk Management Institute. So I will sign off now. I hope you have an excellent
rest of the afternoon and hope to see you in class.

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