What does a Risk Manager do?
Risk management is not a new activity. Humanity has been managing risks for thousands of years. However, the formal discipline of risk management is relatively new and continues to grow and expand in importance. Originally - as a formal discipline - risk management was identified with insurance. In recent years, however, the scope has expanded and the modern understanding of risk management is that it encompasses many fields.
Part of the importance of the development of risk management as a discipline is the integration that has occurred between many previously diverse risk management activities.
The Australian and New Zealand Standard on Risk management AS/NZS 4360:2004 provides the following definition (p. 4):
Risk management - the culture, processes and structures that are directed towards realizing potential opportunities whilst managing adverse effects.
Course Highlights
QUT’s Graduate Certificate in Risk Management equips you with a sound understanding of organisational business structures and how risk management integrates with both the strategic and operational aspects of an organization. You develop problem-solving skills to analyse a wide scope of issues, apply the various assessment tools and develop appropriate improvement strategies.
This one year part-time course applies the theory to practical applications. You research a wide scope of models and apply the principles of those models to organizational operations. Discussions include how risk assessment tools can be applied to various situations. You are provided with the opportunity to apply the process to a range of topics such as skill shortages and natural resource management issues.
The lecture content, readings and assessment are drawn from recent material and include real examples and scenarios. The content covers a wide range of topics including finance, property, people and change management.
Career Opportunities
The course is relevant to those who are interested in effective and efficient management and for those with a special interest in risk management. Students come from a diverse range of areas including government, CEOs, health and safety officers, engineers, lawyers, accountants, medical professionals and teachers. The area of risk management is growing exponentially and there are many opportunities in the field for professionally qualified risk managers.
Professional Recognition
Graduates of the course are eligible to apply for Certified Practicing Risk Manager (CPRM) accreditation with the Risk Management Institute of Australia.
Student Testimonial
Read about a QUT Public Health Graduate on our Student Testimonial page.