Risk management
Risk management

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Risk management

Session 8: Risk specialisms

Introduction

In this, the final session of the course, you will look at specialisms in risk management. The need for risk management is expanding as the business environment changes and companies realise the significance of needing to manage risk properly (and the impact of not managing risk) as well as the benefits that good risk management delivers to their bottom line. For those aspiring to a career in risk management there are many routes to a role in risk and the background to those working in the field is as diverse and varied as the variety of risks that an organisation may face.

Risk managers are present in almost all industries and fields, although in some industries it may not be as explicit as in others; a short search of the internet for risk vacancies will reveal the potential of hundreds of different roles available involving risk management. To provide some insight into a career in risk management you will now focus on just five risk specialisms in more detail:

  • business continuity and crisis management
  • internal control management
  • project risk management
  • emerging risk management and horizon scanning
  • safety risk management.

By the end of this session, you should be able to:

  • understand the variety of risk management specialisms
  • appreciate which of these specialisms may be appropriate for you currently or in your future career.

Now begin Session 8.

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