Award in Risk Management for Social Enterprises

This module analyses the management of risk for social enterprises.

Risk management is the process of planning, organizing, directing, and controlling the activities of an organization to minimize the deleterious effects of risk on its capital and earnings. Enterprise risk management includes financial risks, strategic risks, operational risks and risks associated with accidental losses. Solutions for dealing with internal and external risk factors are also provided.

1. Strategic & Operational Perspectives to Risk Management

2. Integrated Enterprise Risk Management

3. Risk Management process

4. Risk Identification

5. Evaluation of Risks

6. Risk Matrix

Hours of Total Learning for this module:

• Contact Hours: 21
• Self-Study Hours: 72
• Assessment Hours: 7
• Total Learning Hours: 100

Learning Outcomes:

At the end of the module/unit the learner will have acquired the following skills:

1. Understand the impact of risks on organizations
2. Be able to propose risk assurance techniques
3. Evaluate Risk
4. Apply appropriate processes and controls
5. Monitor adversaries and risk exposure

Each module will be assessed based on the following components:

1. Quality of Contributions in Forums: 20%
   • Evaluation of participation and the quality of insights shared in online discussion forums.
2. Quality of Contributions in Tutorials: 20%
   • Assessment of engagement and contributions during tutorial sessions.
3. Assignment/Case Study: 60%
   • Completion and quality of assignments that demonstrate understanding and application of the course material.

Passing Criteria:

• Students must achieve an aggregate of 50% or higher across the three components to pass each module.

Scholarship Schemes for Maltese residents:

• MySkills Scheme: Malta residents are eligible for up to 80% reimbursement, capped at €5,000, subject to eligibility criteria. International students would be able to apply for the MySkills Scheme once they obtain their Student Temporary Residence Card (TRC). (For individual modules only)
• Get Qualified Scheme ( Scheme available for Maltese residents ) – 70% refund of course fee as a tax rebate