As the leading professional membership and education body for the insurance and financial services industry the Institute is uniquely placed to offer a full range of professional solutions to those working in risk management.
From professional recognition through Institute membership to internationally recognised qualifications and practical, day-to-day professional development activities designed to meet regulatory requirements, the Institute offers risk managers the best mix of quality and affordable services.
The Institute offers two professional qualifications in Risk Management:
| Diploma of Integrated Risk Management |
The Institute’s Diploma of Integrated Risk Management is designed for those employed in or managing operational areas, strategic planning, occupational health and safety, fraud and project management.
For those looking for the next step in their career, the Diploma will develop technical knowledge and skills to provide effective management of risk.
| Fee |
Australia and International: A$1,000 per module New Zealand: NZ$1,040 per module Emerging Markets: A$700 |
| Duration |
Four modules: Each study period lasts 12 weeks. (Students are able to study more than one module per study period.) |
| Delivery |
Distance Learning |
| Assessment |
Assessment for each module consists of:
- a case study based assignment
- an examination containing multiple choice, short answer and
case study based questions. Find out more ... |
| Membership Outcome |
Senior Associate CIP |
| Further Education |
Successful completion of the Diploma of Integrated Risk Management provides credit towards Deakin University's Graduate Certificate of Insurance and Risk Management.
Find out more ... |
Course Content
To be awarded the Diploma of Integrated Risk Management students must complete the following four modules.
-
RM501 Introduction to the Management of Risk
-
RM502 Integrated Management
-
RM503 Operational Management of Risk
-
RM504 Management of Specific Risk Exposures
| Advanced Diploma of Integrated Risk Management |
The Institute’s Advanced Diploma of Integrated Risk Management is a general risk management program for experienced risk managers. It develops the skill and knowledge required to provide a comprehensive range of services and explores innovative strategies for dealing with complex risk management issues.
| Fee |
Australia and International: A$1,150 per module New Zealand: NZ$1,235 per module Emerging Markets: A$805 |
| Duration |
Four modules: Each study period lasts 12 weeks. (Students are able to study more than one module per study period.) |
| Delivery |
Distance Learning |
| Assessment |
Assessment for each module consists of:
- a case study based assignment
- an examination containing multiple choice, short answer and
case study based questions. Find out more ... |
| Membership Outcome |
Senior Associate CIP |
| Prerequisite |
Diploma of Integrated Risk Management |
| Further Education |
Successful completion of the Advanced Diploma of Integrated Risk Management provides credit towards Deakin University's Graduate Certificate of Insurance and Risk Management.
Find out more ... |
Course Content
To be awarded the Advanced Diploma of Integrated Risk Management students must complete the following four modules.
- RM601 Corporate Governance and Compliance
- RM602 Risk Treatment and Financing Practices
- RM603 Risk Management Framework and Documentation
- RM604 Business Continuity Management.