Master in Risk Management
Madrid, Spain
DURATION
12 Months
LANGUAGES
Spanish
PACE
Full time, Part time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Request the earliest start date
TUITION FEES
Request tuition fees
STUDY FORMAT
Distance Learning
Introduction
The Master in Risk Management is an academic higher training program that guarantees specialization in risk management of business entities. All the contents of the training program are taught by expert teachers active in large companies with a reputation in the Spanish business risk sector, among others: AGERS, REPSOL, BBVA, SANTANDER or CAIXABANK.
The characteristics of this online master's degree prepare it to successfully adapt to any company located in any country in Europe, Latin America or the United States. In addition, during the program, a free license to the Global Suite software will be provided, a program completely related to the ISO 31000 standard, which is key in risk management.
The master's degree follows a learning model designed so that the student achieves skills and a reference model on which to continue expanding knowledge as the risk management discipline is updated.
The online methodology of the Master in Risk Management allows the reconciliation of the student's work and family life with their training.
Gallery
Ideal Students
The EALDE Business School Master's in Risk Management is specifically designed for:
- Engineers, auditors, financial analysts, insurance managers.
- Medium or technical cadres who are looking for a professional leap and want to provide their company with risk management under ISO 31000 and COSO regulations.
- Management positions in companies seeking specialization and differentiation.
- Graduates of any specialty with managerial potential who require risk training.
Scholarships and Funding
Senior Talent Scholarships
- Designed for professionals with a vocation to assume management positions.
- Aimed at people with a date of birth before 1989.
- You must have 5 years of work experience in your sector.
Excellence Scholarships
- These are scholarships for online master's degrees aimed at professionals with an academic and professional record geared toward excellence.
- A university degree and more than 5 years of work experience must be accredited.
Country Scholarships
- This master's scholarship program is designed to foster talent in countries and sectors where there is a clear shortage of highly qualified professionals.
- Applicants must meet the availability criteria established by the academic committee.
Impulse Scholarships
- The goal of these virtual master's scholarships is to boost the careers of professionals seeking a salary increase or finding more responsible jobs.
- They are awarded only to university graduates with more than 3 years of experience.
Emerging Leaders Scholarships
- Designed for senior profiles with the potential to lead and make a difference in high-impact sectors such as Sustainability, Renewable Energy, Compliance, Risk Management, and Project Management.
- The Committee will assess the candidates' orientation toward academic and professional excellence.
Avanza Scholarships
- Designed to develop responsible and competent leaders who can generate a positive impact on their environments, innovating, improving, and leading in an ever-changing business world.
- Aimed only at professionals with a university degree.
- It is necessary to demonstrate to the academic committee that without financial support, it would be difficult or impossible to enroll in the desired program.
Curriculum
Management English Course
The English course consists of a single level, which will be worked on throughout the course. This level will be obtained through a knowledge test.
Digital identity course
It will boost your innovative mindset, helping you identify new business opportunities and boosting both your image and that of your company in the new digital environment.
Management skills course
Taught by professors with years of experience, they help all students take the next step in their careers and reach the top.
ISO Lead Auditor Course
Upon completion of your program, you'll be eligible for a one-month course to become certified as an ISO Lead Auditor, earning a triple certification with international validity, endorsed by the certification body Intercert. Obtain certification in ISO 9001, ISO 37001, ISO 27001, or ISO 14001.
Course 1. Introduction. From traditional risk to current risk management.
- Introduction and definition of risk
- Decision theory
- Uncertainty, variability and chance
- Practical case
Course 2. Key Concepts of Risk Management
- Basic Statistics for Risk Managers
- Catalogs and matrices. Application in Excel
- Maps. Excel application
- Practical case
Course 3. Corporate Risks and Operational Risks
- Business and financial risks
- Emerging risks: geopolitics, sustainability and technology
- Operational risks
- Practical case
Course 4. The Risk Management Process
- Context analysis and risk appetite framework
- Risk identification and analysis
- Risk assessment. Opinions and recommendations
- Practical case
Course 5. Treatment, monitoring, control and reporting
- Risk Treatment: Mitigation and Transfer (Insurance and Derivatives)
- Monitoring and control
- Risk reporting and maturity models
- Practical case
Course 6. Management Systems, Principles and Guidelines for Risk Management
- ISO 31000
- Coso ERM and PMBOOK
- Internal control and three lines of defense
- Practical case
Course 7. Techniques and Tools I
- Context analysis: Pestle and internal context model
- Identification: root cause and bow tie
- Analysis 1: value at risk (VAR)
- Practical case
Course 8. Techniques and Tools II
- Analysis 2: Monte Carlo
- Decision: AHP hierarchical analysis process
- Artificial Intelligence for Risk Management: Python and AI Tools
- Practical case
Master's thesis
Rankings
Among the best Spanish-speaking Risk Masters according to the FSO ranking
Program Outcome
Upon completion of the online Master's in Risk Management, you will be able to:
- Comprehensively manage company risk: legal, operational, financial, or strategic risks.
- Implement a risk assessment and management system in the organization under the umbrella of ISO 31000.
- Measure the risks, management methods and their cost.
- Learn about the different software solutions and tools that support risk management.
- Direct, control and reduce the impacts, probability and consequences of the risks that may affect companies.
- Adopt risk assumption policies and master audit schemes.
- You will be able to become certified as a lead auditor of an ISO standard (9001, 37001, 14001 or 45001).
Career Opportunities
- CRO (Chief Risk Officer).
- Risk management consultants.
- Corporate risk managers in large companies.
- Awareness-raising trainers to implement a risk management culture.
Furthermore, it helps consolidate and elevate positions related to quality management, environmental management, financial management, compliance, occupational health and safety, disaster and emergency management, project management, product management, commercial management or sales management, logistics management, insurance brokerage , and others to excellence. In this sense, the different specialties provide a technical edge to the specific field in question.