Risk is costly. This statement is absolutely agreed by businessmen and professionals.

Minimising the costs of risks to an optimum level unanimously means that we are increasing the value of a firm.

In high-tech and financial services industries, risk analysis is becoming the rule rather than the exception.

Formal procedures are established as part of the initial definition of a project and continue through the life of the project.

These analysis typically contain the identification of risk factors, the likelihood of their occurrence, the damage they will cause, and containment actions to reduce their likelihood or their potential damage.

The cost of the containment program is compared with the expected loss as a basis for deciding which containment strategies to put in place.

A risk is some event that results in a change, either positive or negative, to the project. For the most part, risk is associated with loss, which can be estimated.

In general, risk deals with entrepreneurial risk, where there is not only a probality of loss but also a possibility of gain.

Key topics covered in our Risk Management courses are, as follows:

• Introduction to Risk Management
• Risks and Returns
• Risk Analysis and Risk Estimation Techniques
• Role and Risks of Financial Intermediaries
• Interest Rate Risks
• Market Risks
• Credit Risks
• ICT Risks
• HR, Compliance and Reputational Risks
• Enterprise Risk Management