Master the evolving landscape of risk management
Effective risk managers are more essential to modern organizations than ever before. The rapidly changing digital space is full of potential threats—not to mention the many new risks in enterprise and information technology that require assessment and management. Even operational risks like human resources have grown increasingly complex.
Employers in the private and public sector require trained risk managers to both mitigate negative risks and identify positive opportunities. Over the next two years alone, 88% of Canadian organizations plan to invest in their risk management capabilities. In other words, there has never been a better time to learn how to identify, assess, monitor, and limit risks.
Take the next step in your career
Certified Risk Managers currently make an average salary of $84,000 per year, a figure that may rise as the demand for qualified individuals grows. The new Certificate in Risk Management prepares working professionals for risk manager and risk management analyst positions. It also provides valuable training for managers without a risk management title who have recently taken on risk management responsibilities. The specialized knowledge and skills gained will be immediately applicable in the workplace while also opening doors for future opportunities in the field.
“The Certificate in Risk Management is designed to provide risk professionals with relevant theoretical knowledge and application techniques to position them for success”.
- Dinesh Garbharran, Interim CRO, TD Insurance & VP, Risk Management, TD Bank (Advisory Council Member)
The program consists of three online courses, with one optional live session per course. You can start with any one of the three courses and the accelerated eight-week course format means the program takes only 6 months to complete (though you can extend it to 12 months if you prefer.)
Live sessions give you the opportunity to meet with your instructor to ask clarifying questions, explore how concepts studied might apply in the workplace, or dig deeper into particular topics. As an added bonus, each live session is recorded so that you can review it later if you need to.
Get the latest industry knowledge with free access to our Real-Time Risk webinar series
Studying Risk Management at York gives you twelve full months of free access to our exclusive Real-Time Risk webinar series where industry experts discuss emerging topics in risk management. Topics include cyber security; natural disasters (the recent Fort McMurray wildfire, for example); and the evolving role of risk management in specific industries. This is a highly valuable professional resource that you will have at your fingertips.
Prepare for your Canadian Risk Management (CRM) designation
Graduates of the Certificate in Risk Management are eligible to write the exams for the Canadian Risk Management (CRM) designation, administered and conferred by the Global Risk Management Institute (GRMI), and recognized by the Risk and Insurance Management Society (RIMS).
If you are interested in pursuing the CRM designation, see the RIMS website for full details.
Who should take this program?
- Risk management professionals preparing for their CRM designation.
- Managers, supervisors, and team leaders who have recently taken on risk management responsibilities.
- Business students and current business professionals who are looking to enter the growing field of risk management.
Risk Management Principles and Practices
Understanding hazard, operational, financial, and strategic risk concepts. Learn to identify, analyze, and treat risks. Explore processes, frameworks, and techniques for monitoring and reporting on risks, utilizing risk management standards and guidelines.
Risk Assessment and Treatment
Explore methods for assessing risk and identifying appropriate treatments for risk minimization. Study theories of accident causation, root cause analysis, the application of various strategies for treating risks, and how to motivate risk treatment within an organization.
Examine the selection, implementation and monitoring of risk financing techniques. Explore subjects such as transferring risk through insurance, types of insurance such as self-insurance plans, retrospective rating plans, captive insurance, finite and integrated risk, and capital market options.
Riaz Juma, BA, MBA, CRM
Riaz Juma is the Director of Insurance and Risk Management at CAP REIT, one of Canada’s largest residential property owners. CAP REIT also has significant residential real estate portfolios in Ireland and the Netherlands. His insurance and risk management career has spanned thirteen years and has included time in claims and insurance broking, as well as in risk management at Triovest Realty Advisors, Bentall Kennedy and Brookfield Asset Management. He has completed a Bachelor of Political Science at York University and a Master of Business Administration at the Schulich School of Business and also holds the CRM Designation.
Darius is a risk management consultant (Risk Management 101) and past-chair of the RIMS Canada Council (RCC), past-president of the Southern Alberta Risk and Insurance Management Society (SARIMS) and a risk and insurance practitioner for the past 25 plus years. He has worked with very large organizations, such as the Calgary Board of Education, with 100,000 students and 10,000 staff. Darius has also worked with organizations that have operations all across Canada, with over $10bn of property under management, and post-secondary institutions with very diverse risk profiles (e.g. academic, research, student travel, fundraising and provincial budget risks).
Tony Rossi, BA, MBA, FCIP, CRM
Tony Rossi is a risk management industry professional that has practiced in both traditional and enterprise risk management roles within the public sector. Tony’s 20-year career includes implementing an enterprise risk management framework, establishing large self-insured deductible programs, managing claims administration departments, and implementing effective risk control measures. Tony has been teaching risk management courses since 2004 and strives to provide students with a valuable learning experience.
Senior executives from many of Toronto’s leading organizations help us ensure that our graduates have the skills and knowledge that employers value most, including the following:
VP, Risk Management, TD Insurance Risk
Dinesh Garbharran is currently Vice President, Risk Management, TD Insurance (TDI). Dinesh assumed leadership of the Risk Management function supporting TDI in May 2014. Dinesh joined TD Bank Group in December 2013. Prior to joining TD, Dinesh was the Head of Enterprise Risk Management for Standard Bank Group in South Africa from 2012-2013. Previous to this, Dinesh was the Group Chief Risk Officer of Discovery Holdings (2004 – 2012). Dinesh holds Masters of Science degree from the University of the Witwatersrand.
York University, Director, Risk Management Services
As Director of Risk Management Services for York University, Steve’s responsibilities include: strategic planning and leadership for insurance and related operational risk management strategies within all University divisions to ensure the achievement of the University’s operational goals and objectives in alignment with the University Academic Plan and new initiatives of the University. He also provides leadership and direction to the University community with respect to risk management relating to the on-going monitoring of compliance with legislation applicable to York.
Steve holds the Canadian Risk Management (CRM) and the Canadian Insurance Professional (CIP) designations. He is an active member of RIMS and is currently serves on the RIMS Board of Director as Treasurer. He is a Past President of the Ontario Chapter and is a Past Chair of the Communications and External Affairs Sub Committee of the RIMS Canada Council.
Manulife, Director, Crisis Management, Global Information Risk Management
OPG, Director, Insurance Risk Management
AGF, Vice President, Audit and Enterprise Risk
TELUS, Director, Risk Management
The Regional Municipality of York, Manager-Insurance and Risk, Treasury Office, Finance
Senior Vice President, Chief Risk Officer & Chief Compliance Officer at HomEquity Bank
Certificate in Risk Management (May 2018 Start)
Risk Management Principles and Practices May 07 - Jun 29, 2018
Risk Assessment and Treatment Jul 09 - Aug 31, 2018
Risk Financing Sep 10 - Nov 02, 2018
Certificate in Risk Management (Sept 2018 Start)
Risk Management Principles and Practices Sep 04 - Oct 28, 2018
Risk Assessment and Treatment Oct 29 - Dec 23, 2018
Risk Financing Jan 07 - Mar 03, 2019
Certificate in Risk Management (Oct 2018 Start)
Risk Assessment and Treatment Oct 29 - Dec 23, 2018
Risk Financing Jan 07 - Mar 03, 2019
Risk Management Principles and Practices Mar 04 - Apr 28, 2019
Certificate in Risk Management (Jan 2019 Start)
Risk Financing Jan 07 - Mar 03, 2019
Risk Management Principles and Practices Mar 04 - Apr 28, 2019
Risk Assessment and Treatment Apr 29 - Jun 23, 2019
Given the experiential and practical nature of the courses and the application of Ontario’s Freedom of Information and Protection of Privacy Act (FIPPA) to York University, The School of Continuing Studies works to ensure that instructors and participants acknowledge and respect the privacy and confidentiality of personal information that may be presented in the context of instruction. Instructors will limit the amount of personal information that is collected, used or disclosed in their sessions, and will ensure that all identifying personal information (including proper name, address, etc.) is omitted from all written documents in order to protect personal privacy and confidentiality. Instructors should not bring or share personal or other confidential files or records with the class or allow students to do so.
We are committed to protecting your privacy and your financial security, and we do this in several ways:
- Your credit card information is never received or stored by our system. Only your financial institution has access to your credit card information.
- Your Student Portal is password-protected. To access any personal and academic information, you must enter your username and portal password.
Online – Visit our website at continue.yorku.ca to register in any course or program offered by the School of Continuing Studies.
All registrations are processed on a first-come, first-served basis, so early registration is recommended.
The School of Continuing Studies reserves the right to alter fees, other charges, instructors and course dates/locations described in this brochure.
Instalment Plan Policy
The School of Continuing Studies allows students in certificate programs the option of paying in two or more instalments. You must pay the initial payment as stated below and then you can create a payment schedule that works for you, as long as the balance is paid before the stated due date.
The instalment plan comes with a one-time, non-refundable administrative fee of $125 due at the time of registration. The following are the details of the instalment plan policy according to the program you have registered for:
- Certificate in Risk Management– The first payment of $1, 299.00 CAD is due upon registration with the balance due by program start date.
- Customized payment plans are available to align to employer policies, but are not available for individuals. For further information please contact the Registration and Student Records Coordinator at 416-736-5616.
- A student that fails to make instalment payments as required will not be permitted to continue in the program.
- There must be a 90% overlap in content and curriculum, and the same number of hours as the courses offered in SCS’s program.
- The courses must be at the university level (from an accredited academic institution) with a grade of B or better. College equivalents will not be considered.
- All submissions must be sent in writing to SCS’s Program Manager along with:
- An official transcript outlining the course completed
- The contact hours
- The final grade
- The official transcript (sealed)
Full course outlines must also be submitted that contain:
- The full course description
- Learning objectives
- Assessment and reading materials
- Weekly content covered
Please note that incomplete packages cannot be reviewed.
All correspondence, including your registration confirmation, grade report and refund cheque, will be sent to the email address provided at the time of registration.
To maintain accurate student records, notification of any changes to your name, address and contact information are required. To update your personal information:
- go online to Contact Us and email all changes
- submit a written request to the Registration and Student Records Coordinator
All name-change requests must be accompanied by official documentation justifying such a change.
We will not accept telephone requests to change a name or address.
Income Tax receipts will be available online in February of the following year. Please refer to the income tax guide for allowable deductions.
Students must contact the Program Manager for permission to transfer to another session. Please note that there is a $150 administrative fee for transferring from one session to the other.
Students registered in a part-time program that is less than 1 year in length may withdraw from the program. However, they are strongly advised to consult with the Program Manager before a final decision is made. A full refund is granted only when the School of Continuing Studies cancels a program. Refunds will be issued using the initial method of payment or by cheque, if original payment was made by money order. Withdrawal requests must be submitted on the official School of Continuing Studies Withdrawal Request Form to the School of Continuing Studies and subject to the terms listed below.
- If you withdraw 7 calendar days prior to the start of the program, you will receive a 75% refund of program tuition instalment and no academic penalty.
- If you withdraw between 6 calendar days prior to the start of the program to 7 calendar days after the start of the program, you will receive a 50% refund of program tuition instalment and a $50 administrative fee and no academic penalty.
No refunds will be issued after the first 7 days of the program.
When necessary, the School of Continuing Studies may alter, postpone or cancel classes. In these instances, students will be notified by email, based on the information provided at the time of registration.
Cancellations or changes will also be posted on the School of Continuing Studies Twitter account.
The School of Continuing Studies reserves the right to withdraw or cancel programs/courses. Should a course or program be withdrawn or cancelled, the School will issue a full refund of fees paid.
- Students and instructors are expected to maintain a professional relationship characterized by courtesy, collegiality and mutual respect, and to refrain from actions that would be disruptive to such a relationship;
- It is the responsibility of the instructor to maintain an appropriate academic atmosphere in the classroom, and the responsibility of the student to cooperate in that endeavour; and,
- The instructor is the best person to decide, in first instance, whether such an atmosphere is present in the class, and may, at their discretion, take steps that they feel are appropriate to resolve an issue or dispute.
In any case where a student feels that this policy has been violated, they are urged to notify the instructor of the course/program as soon as possible. Students may be asked to provide a detailed written description of their complaint to the instructor. The instructor may take measures they feel are appropriate to resolve the issue and/or may forward the complaint to the Program Manager for review. Please refer to the full policy document on the York University website at: http://www.yorku.ca/scdr/
Students registered in certificate programs will be evaluated using the following categories of achievement:
|A+||90 – 100%||Thorough knowledge of concepts and/or techniques, and exceptional skill or great originality in the use of those concepts/techniques in satisfying the requirements of an assignment or course.|
|A||80 – 89%|
|B+||75 – 79%||Thorough knowledge of concepts and/or techniques with a fairly high degree of skill in the use of those concepts/techniques in satisfying the requirements of an assignment or course.|
|B||70 – 74%|
|C+||65 – 69%||Good level of knowledge of concepts and/or techniques together with considerable skill in using them to satisfy the requirements of an assignment or course.|
|C||60 – 64%|
|D+||55 – 59%|
|D||50 – 54%|
|F||Below 50%||Insufficient knowledge of concepts and/or techniques needed to satisfy the requirements of an assignment or course.|
|PASS||Pass is awarded as a grade only to courses that have an experiential component. A student that has received a Pass has met the requirements of the course.|
|FAIL||Fail is awarded as a grade only to courses that have an experiential component. A student that has received a Fail has not met the requirements of the course.|
|EXEMPT||Exempt is awarded to those that have completed a comparable course elsewhere and have met all of the requirements for completion of that course.|
|DNA||Did Not Attend – The student did not attend, did not withdraw, and did not submit course work.|
|DNC||Did Not Complete – The student did not complete the course.|
Students may, with sufficient grounds, request a reappraisal of any “tangible” work required for a course/program. Tangible work may include written, graphic, digitized, modelled, video recording or audio recording formats. Students seeking a grade reappraisal must complete and submit the attached form, along with the original work and instructions for the assignment, to the Program Manager within 2 weeks of the date of issue of the letter of grade.
Students and instructors will be informed in writing of the reappraisal result and the reappraiser’s comments. The School of Continuing Studies will ensure the anonymity of both the student and the reappraiser.
You may submit a financial petition if you experience a serious documented medical illness or a death of an immediate family member that causes you to drop courses. Financial petitions may be granted at the discretion of the University, and will be considered for a period of one year after the occurrence of the illness or death.
The Financial Petition form is located here: http://sfs.yorku.ca/refunds/petitions/
Please complete the form and return it via email email@example.com or via fax at 416-650-8042.