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This course aims to introduce students to the complex and diverse range of risks that indivduals and organizations must manage in today's fast-changing global environment, as well as the fundamental principles, frameworks and practices of risk management. The course discusses the complex nature of the words 'uncertainty' and 'risk', and how their many definitions and interpretations impact risk management. The course covers aspects of risk management including why individuals and organizations must manage risks; the identification, classification and measurement of risks; the fundamental principles and frameworks for risk management; the tools and techniques used in the risk management process; the important role of risk culture and communication in managing enterprise risks; and current issues in risk management.

Study Level


Offering Terms

Term 1



Delivery Mode

Fully on-site

Indicative contact hours


Conditions for Enrolment

Prerequisite:Enrolment in Program 8418 or 8428 or 8404 or 8417 or 8411 or 8416 or approval from the School of Actuarial Studies

Course Outline

To access course outline, please visit:


Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)

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