Workshop on Enterprise Risk Management @ IIM Calcutta [Sept 1]: Apply by Aug 27: Expired

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About the Organisers

Centre for Corporate Governance (CCG) was set up by the Indian Institute of Management Calcutta to create and disseminate knowledge in the area of corporate governance. It undertakes research as well as conducts workshops, conferences and training programs in the area of corporate governance. It operates as one of the National Centre for Corporate Governance under accreditation from NFCG.

National Foundation for Corporate Governance (NFCG) was set up in the year 2003 by the Ministry of Corporate Affairs, in partnership with Confederation of Indian Industry, Institute of Company Secretaries of India and Institute of Chartered Accountants of India to promote good Corporate Governance practices both at the level of individual corporates and Industry as a whole. In the year 2010, Institute of Cost Accountants of India and National Stock Exchange and in 2013 Indian Institute of Corporate Affairs were included in NFCG as Trustees.

About the Workshop

Enterprise Risk Management is an approach whereby all categories of risk across each business unit and geography are aggregated at the enterprise level and treated holistically, while at the same time recognizing the need to maintain levels of granularity. One of the challenges organizations face is to define ERM in a way that supports a structured cost-benefit analysis and implementation planning. The broad goals of an ERM programme would be:

(a) enable the board and top management to understand how the risks for which they are ultimately responsible, are being managed on regular basis in the organization
(b) aggregate significant risk information up through the firm to create an enterprise-wide view of the firm’s risk profile and its internal control systems
(c) equip business and corporate units with the capabilities to proactively identify, assess and report on the occurrence and control of significant financial and non-financial risks at any time.

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The workshop is designed to sensitize participants on the need for an efficient ERM framework and to demonstrate that the benefits of an effective ERM far outweigh costs associated with it.
Improved understanding of risk across all units of a firm should allow it to better meet customer needs by tailoring products without incurring excessive risks. Recent changes in financial reporting and banking regulations have further highlighted the need for an ERM practice in every business decisions.

Who is it for

Domestic participants from Academics and Industry

  • Identification of financial and non-financial risks
  • Measurement of risks
  • Financial Reporting and Risk Management
  • Understanding the linkage between ERM and Corporate Governance
  • Risk Mitigation strategies
  • Risk Integration
  • Development of ERM framework

IIM Calcutta Campus

Registration Procedure

For registering online, please click here.

Fee Details

INR 2000 plus applicable GST payable.


Apply by 27th August 2018.


Phone: 91-11-24601180, 24629994 to 97

For further details, please visit the official notification by clicking here.

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