1 Year PGDRM
1 Year PGDRM
1 Year PGDRM
MANAGEMENT INSTITUTE
TM
“Global Risk Management Institute (‘GRMI’) understanding of risk and innovative problem-
is a pioneer in the world of education in risk solving. Our Post Graduate Diploma in Risk
management. We have created a curriculum Management (‘PGDRM’) Programme is especially
At GRMI, we not
that spans across all aspects of enterprise risk structured to bridge a very significant talent gap
only provide ample – financial, operational and compliance, and existent in the industry. We train our students to
opportunities to provides nuanced insights across all key industry find the most creative and appropriate solution
verticals. The team has worked hard to pull for any business requirement. We aim to create
students to build together an enviable mix of faculty members leaders with an innovative and analytical mind,
a network with who bring just the right blend of international who can be the best in their chosen fields.
academic excellence and domain expertise in
entrepreneurs and risk management. We believe deep domain At GRMI, we not only provide ample opportunities
corporate leaders, knowledge, combined with experiential learning to students to build a network with entrepreneurs
imparted by an exceptional faculty team, along and corporate leaders, but also make them part
but also make them
with our on-the-job internship Programme, will of a pioneering enterprise in the field of risk
part of a pioneering make GRMI graduates extremely relevant and management in business education.
Board Of Directors 11
Strategy Board 13
Board of Governors 16
Internships 31
Our Students 51
Student’s Experience 61
FAQ’s 66
06 Global Risk Management Institute I Risk Educators Pvt. Ltd.
As a specialised institute, we
recognise the need of multi-
OUR
disciplinary approach in the MANAGEMENT
ever evolving arena of risk
management required to work
TEAM OFFERS
together with other centres • In-depth understanding of risk management,
with cumulative experience in excess of ~ 50
of risk expertise around the years in risk consulting.
world. We actively work with
• 2,000+ hours experience of building and
industry experts to develop running exhaustive training sessions for
new educational Programmes, corporate and in-house consulting teams.
OUR MISSION
To become a globally
preferred knowledge hub
for creating risk intelligent
professionals.
www.grm.institute 07 08 Global Risk Management Institute I Risk Educators Pvt. Ltd.
MR. DEEPAK PREMNARAYEN – Board of Directors SUBHASHIS NATH – Board of Directors, Academic Council & Mentor, GRMI
Mr. Deepak Premnarayen is the Executive Chairman and founder of ICS Group, Subhashis has been focusing on Enterprise Risk & Compliance over the last 20+
an asset management, financial services, real estate and hospitality conglomerate years and brings deep domain around specific solutions - Anti Corruption, Sox,
headquartered in Mumbai and involved in executing projects across India and ERM & Internal Audit.With nearly 10 years with Arthur Andersen and his experience
Africa. He founded the ICS Group in 1998 with interests in asset management, of being part of the Global Center of Excellence of Ernst & Young in Cleveland,
financial services, real estate and hospitality. Ohio, USA, he has experience of leading risk advisory methodologies and practices.
Remote site audit & compliance review solution developed by Axis is a cutting
With GRMI, you will find ample opportunities to GRMI is committed to ensuring an environment where
interact with entrepreneurs and corporate leaders. Our students get to interact with global leaders and risk
relationships with important players in the community practitioners than what any other institute can offer.
can open many doors for you.
www.grm.institute 15 16 Global Risk Management Institute I Risk Educators Pvt. Ltd.
DR. DALIP SINGH – Strategy Board ARNOUT VAN DER VEER – Board of Governors
Dalip Singh is a senior officer who joined IAS in 1982 and belongs to Haryana cadre. Currently Chief Financial Officer and previously Chief Risk Officer at Reed Elsevier
Presently, he is posted as Additional Chief Secretary for Revenue and Disaster and a former partner with KPMG. Previously Arnout has been the Chief of Internal
Management, Govt. of Haryana. As a member of the IAS, his contributions have Audit at KLM, and also been a Board Director at Institute of Risk Management and
been across departments, including Urban Development, District Administration, a Board Member at Federation of European Risk Management Associations
Health & Family Welfare, Parliament Affairs and Human Resource Development
BOARD OF GOVERNORS
DILIP BIDANI – Board of Governors
Dilip Bidani has spent 27 years with premier groups across FMCG and Services
Industries, of which over 13 years as CFO/ Board Member. Currently, he is the CFO
at Dr. Lal PathLabs, Gurgaon. Prior to this, he was the Director Finance at Avon
Beauty Products India Pvt Ltd and a Director – Finance & Operations at Orbis
Financial Corporation Ltd. He holds a PGDM (MBA) from IIM Ahmedabad and is a
Chartered Accountant from ICAI
The
Overview of our flagship PGDRM course in the most digital interrupted and industry experts, while working closely
Programme:
will include 3 business models), the need with tenured faculty of internationally reputed
for appreciation of human Universities.
The course will include 3 papers on
papers on general resource elements of
general management topics and 13 management topics and an organization can
technical papers on various facets of 13 technical papers on hardly be over- Academic Council
Risk Management, such as Enterprise emphasized
various facets of risk
Risk Management (‘ERM’), Internal Audit if it wants The Academic Council is one of the principal
(‘IA’), Sarbanes Oxley and Internal Financial management. to be drivers of excellence through its direct
Controls, Regulatory Compliance, Financial involvement in all knowledge-related aspects of
Risk Management, Applied Audit Analytics, the Institute: course curriculum development,
Information Technology General Controls ongoing case study development and
(‘ITGC’), etc. enhancement, knowledge body association
decisions, decisions on introducing new
The 3 general management papers will focus curriculum. Composed of a variety of successful
on enhancing awareness of corporate reality professionals, such as, tenured professors
and creating more well-rounded risk in leading Universities, policy-makers,
professionals of the future. These will researchers, theoreticians, and consultants,
include Strategic Thinking, Fundamentals the council combines the very highest
of Human Resource Management, and standards of teaching, corporate realism and
Organizational Behavior. One of the key risks mentoring.
of developing and delivering a specialized
risk domain curriculum is that students GRMI’s Academic Council members are active
should not ever think of risk expertise in a Silo and regular participants in international
environment. Good strong professionals need conferences and events. They have been
to recognize: pioneers and key leaders in building some of
successful. the better institutions of learning in the country.
• How a risk decision impacts an organization’s understanding They contribute to international journals and
short-term and long-term strategy, and hence of organizational The above were collaborate with a broad range of agencies to
all decisions need to be weighed in that behavior is critical; the key drivers develop and execute consultancy projects.
context; for these general
• That all organizations management papers They serve on executive committees and policy
• That all decisions need to be accepted now realize that irrespective being included as core and formulation boards of a variety of organizations
and internalized by an organization of which industry segment mandatory papers of the PGDRM including Corporations, Financial Institutions,
effective implementation, and for that, an they might operate in (including curriculum. Developmental work for Academic Institutions and International
all the risk management papers have Agencies. Such active involvement of the
been led by professionals with a collective members in a wide range of activities generates
“At GRMI risk management entails ability to add value in an organization experience of 100+ years in the risk consulting precious cross-fertilization and keeps the
through high professionalism, continuous innovation, motivated teams space. These papers have been co-developed academic Programmes up-to date.
working efficiently.” - Jean Pierre Wirtz, Former Head of Corporate Internal Audit at Givaudan and vetted by Global Risk Advisory leaders
C OV
PAPER - 1 PAPER - 6
PAPER - 9
O E
U R
Business Value Chain Concepts of Enterprise Risk
Regulatory & Compliance Risks
R V
& Operating Models Management
SE I
Focus on regulatory requirements for
Detailed learning of all business Focus on understanding of enterprise’s managing such risks and building
processes individually and establish objective, types of risks impacting control frameworks
linkages across processes an enterprise
EW
PAPER - 12
PAPER - 4
Digitalization - Impact on
Process Assurance and Risk Management
Operating Efficiency – II
Focus on bringing out the enhanced focus of
Focus on bringing out risks in typical organizations in using technology and
business processes with identifying automation to drive efficiency and
best practice controls effectiveness in different aspects
of risk management
PAPER - 2 PAPER -
PAPER - 7 PAPER - 10 14, 15, 16
Process Mapping,
Enhancement & Sectorial view of ‘Enterprise Management
Applied Data Analytics
Value Stream Mapping Risk Management’ Papers
Concepts on application of data analytics for
Performance of risks analysis (including managing risks across business processes Strategic thinking,
Focus on the art of developing process
strategic and business risks) for key human resource
maps, drafting process activities etc
industry verticals management,
organisational
behaviour
PAPER - 13
PAPER - 5
Applied Cyber Security
Internal Controls over Financial
Reporting (SOX) Focus on understanding various approaches
to securing Information systems in an
Understanding operational controls organization from potential threat or
vis-a-vis financial reporting damage to hardware, software
controls etc or information stored in the
PAPER - 3 PAPER - 8 systems
PAPER - 11
Process Assurance Market, Credit &
& Operating Efficiency - I Operational Risks IT Risk Management
Detailed understanding of the globally Focus on understanding of enterprise’s Understanding relationship between
accepted COSO framework on internal audit objective, types of risks impacting an enterprise Financial / Operational risks with IT controls
www.grm.institute 25 26 Global Risk Management Institute I Risk Educators Pvt. Ltd.
The
Sarbanes-Oxley (‘SOX’) requirements, SOX
paper
• Reporting of audit findings value chain
planning, SOX audit methodology (scoping, will focus on
• Reporting writing skills
process understanding, documentation, design understanding of the • Definition of risk &
testing, effectiveness testing, deficiency objective of enterprise, types of risks
reporting & remediation), concepts of
• Stakeholder management
materiality, material weakness & significant
types of risks impacting
deficiencies. the enterprise and • Linkage of risk to
• Work paper documentation and retention organizational objective
establish a link
• Fundamentals of accounting - FS, TB, GL, JVs
• Management committee & audit committee
between the • Linkage of risk to departmental
meetings • Fundamentals of accounting - golden rules, two. objective
accrual
• Recent regulatory amendments • Linkage of risk dependencies across
Risks & Controls In the following processes: • Financial statement assertions departments
experience would take students through the The paper will not only explain the concept of This will assist in an understanding of the • IT organization
entire journey of preparing Risk Heat Maps data analytics and use of data analytics tools relationship between financial and operational
capturing Inherent and Residual Risks, including such as Excel, Access, ACL, SPS, etc. but also risks with IT controls, concepts of IT general • IT security policy
drivers for movement of Inherent Risk to give detailed concepts on application of data controls, IT application controls, and in the
Residual Risk and implications of residual risk analytics for managing risks across business effective use of IT general controls in mitigation • IT change management
being higher than the risk tolerance level of the processes such as source to pay, order to cash, of focus of this paper is to ensure that PGDRM
organization for a particular type of risk. fixed assets, inventory etc. Along with ERM we graduates should never have to struggle • Physical access and environmental controls
consider this paper to be one of our significant in terms of trying to operate around the
differentiators in terms of what it does to information system of an organization instead of • Logical access controls
PAPER - 8 Market, Credit & Operational Risk
enhance analytical thinking of students in risk operating through the information systemtem.
This paper will focus on understanding concepts and business context. It is the ability to link • IT operation controls
of Market, Credit, Operational and Treasury impact of error across various links of a business • Introduction to the concept of ITGC
Risk in an enterprise, including measurement value chain as also the ability to convert mass • BCP/DRP: Business continuity plan and
and monitoring of such risks. The intent is to of mega data into intelligent and relevant • Understand the relationship between financial disaster recovery plan
provide an overview of how financial institutions information for effective risk decision making. statement and IT controls
view risk. Given that risk management in the
PAPER - 12 Digitalization - Evolving Risk
financial services world is the most evolved as • Introduction to the concept of data analytics • Understand IT general controls and
Management
of now, we would have optional specialization and data sources application controls
papers, should students choose to pursue This paper will focus on bringing out the
deeper interest in any specific area such as • Application of data analytics to risk • Fraud prevention and detection in automated enhanced focus of organizations in using
market or credit risk. management world technology & automation to drive efficiency
and effectiveness in different aspects of
• Data analytics methodology • Understand the computer vulnerabilities and risk management including but not limited
PAPER - 9 Regulatory and Compliance Risks
threat related to financial audit to Internal Audit, Sox testing, Regulatory
The paper will cover the key regulatory risks • Usage of data analytics tools - Excel, Access, Compliance, Analytics etc. The paper will
facing global conglomerates – Anti Bribers’ risks ACL, SPS etc • Identify risk criteria / parameters include the best in class digitized tools
(governed by the Foreign corrupt practices and techniques currently being used by
Act, UK Anti Bribery Acts, among others), • Case study and presentation - data analytics • Manage privacy risks organizations to give a practical perspective.
Money laundering risks (governed by AML using tools
Acts), and other industry-specific regulatory PAPER - 13 Applied Cyber Security
compliance risks. The paper will focus on
Key Data Analytics across following processes :
regulatory requirements for managing such This paper will focus on understanding various
risks, and development and execution of control • Procure to pay approaches to securing Information systems
frameworks to assess, mitigate and monitor in an organization from potential threat or
such risks. It will also bring out the concept • Order to cash damage to hardware, software or information
of four lines of defense in an enterprise, role stored in the systems. It would also cover the
of the Board of Directors and CXOs in Risk • Inventory management risk of potential disruption or misdirection of
Management, and the liabilities of Directors. services that the organization provides due to a
• HR & payroll failure to protect its Information systems.
INTERNSHIPS
Our structured internship Programme of 6-8
weeks is aimed at ensuring that students don’t
“I am excited at the levels
end up doing internships which are a tick of commitment large
in the box. We are partnering with industry
consulting firms have
majors to ensure that all our students get to
do internships with large corporates wherein shown both in sharing
they actually get to implement their classroom knowledge to help
learnings by participating in live projects. We
see this as a mutually-beneficial arrangement build practical course
between the students and the industry partners. content for GRMI, and in
These partners will allow GRMI to have a
promising to hire from
planned and real experience-gaining internship the institute. It is also
Programme for the students. What this will
very encouraging to have
mean is that students would no longer need to
run around and seek internships and run the risk large corporates promise
of doing secondary research industry reports to support our internship
as part of their internship. GRMI, along with its
industry partners, will provide opportunities to Programme by providing
the students of GRMI’s PGDRM Programme to hands-on learning to our
participate in live projects of these partners,
working with their business leaders
students while they are
and risk and compliance teams to still with GRMI. Some of
gain real work experience.
them have also promised
pre-placement offers WHY STUDY A
It
is very for our students. Such RISK MANAGEMENT
encouraging spontaneous support PROGRAMME?
to have large creates the kind of
corporates supporting ecosystem our graduates
our internship
can flourish in.”
Programme.
SUBHASHIS NATH
Mentor - GRMI
33 34
Our
course
WHY DO A RISK developers
1 2 3 it with
the fact
approach we are happy
to share that we have
that there is invited a couple of the leading
no structured global risk consulting firms to
MARKET NEED SKILL SET GAP UNIQUE COURSE
and comprehensive be our knowledge partners. We are
Top 250 corporates spend Risk professionals to cater No curriculum covering end Programme in India or currently in the final stages of agreement
~ $ 25 – 30 MN each on risk to a demand of $40BN + to end risk management even globally to address the with these firms, and following is the role that
management market, growing rapidly across India incredible skill set gap, the job they play in making GRMI a success:
market size would possibly be an
obvious decision for most students and • Course content has been validated by these
professionals. firms along with many other global leaders
As a student or aspiring professional, what • Very significant training time and monetary in the risk consulting domain to ensure it
would you look for to determine the aptness spend by all risk advisory firms and 2. Is the Certification going to be acceptable to meets the precise requirement of what
of a qualification that you consider to equip corporates to equip people with this skill my future potential employers? large risk consulting firms and corporate
yourself with? – PGDRM has the potential of bringing in risk and compliance teams look for.
about 12 - 18 months of productivity for A qualification in our view is only as good
1. Is there is a significant job market that opens every individual that gets hired in the world as its acceptance in the business and • The firms will be engaged through the
up for me? of risk and controllership across the globe. employment market. While it is rather life-cycle of curriculum evolution and
unfortunate that education and knowledge in enhancement over years to continuously
Listed below are a few data points to • Continuous increase in regulatory today’s world is viewed through such a lens, support with real-life case studies that will
establish the job market size in risk domain pronouncements, more stringent it is undeniable, and as a risk management make the learning experience meaningful
currently: requirements and regulatory oversight institute we need to ensure that we accept and practical.
– Anti Corruption laws like FCPA, ABAC, what is a market reality and address the issue
• Market size – Risk advisory market size of Third Party Risk Management, Data Privacy, of relevant employment. • These firms will lend support by offering
leading risk consulting firms like PwC, E&Y, Cyber Security and Info Sec Regulations visiting faculty that will allow experience-
KPMG, Deloitte, Protiviti, Grant Thornton, Developing countries embracing global Our response therefore has been to ensure sharing by leading Indian and global risk
Crowe Horwath etc. is estimated to be standards of risk management, for that GRMI creates an ecosystem where the leaders with the students to make for a
upwards of ~ USD 10B, which is possibly 40 example the recent Indian Companies Act end users of the education imparted at GRMI fruitful, experiential learning environment.
– 45% of the global market. amendment embraces SOX equivalent – are also actively involved in creating the
estimated resultant need for ~10K people curriculum content on a regular basis. We We have engaged ourselves in discussions
• Top 250 companies spend ~ USD 30- 50 MN for the consulting firms If one thinks of all have focussed on being associated with some with some of the large corporates in India to
each on risk-related activities. of the above elements and then juxtaposes of the larger global associations that would have them as our industry partners for the
be relevant for the institute and its students’ Programme.
“Students of GRMI will have the privilege of being inside the think tank of “The Programme boasts of close collaboration from the corporate world not
the corporate world, considering strategic dimensions of risk management.” just in teaching, but also in hiring from the talent pool nurtured by GRMI.”
- P K Mukherjee, Former MD of Sesa Goa Ltd. - Prof. Madhu Vij, Prof. of Finance at the Faculty of Management and Studies(FMS), University of Delhi
Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 36
culture. GRMI and its faculty members to keep organizations like GE, GSK, & CITI amongst
creating case studies out of their regular others, have been seen to build some of
business operations to enrich the course their strong leaders from risk, operational
content of PGDRM on a regular basis. controls & internal audit backgrounds. These
roles & functions allow a professional to get
The industry partners, like our knowledge an insight into business operations across all
partners, will extend their support by key business processes & very often across
providing industry speakers to come and globally spread-out geographies, thereby
deliver experience sharing sessions cutting providing them a useful perspective when
across risk domain and other aspects of they take on larger leadership roles.
business reality in their organizations.
If you still believe you have not got answers
3. Would I be relevant in the organisation that to all your queries around the Programme,
I am employed in, or will I be viewed merely we would request you to post your queries in
as an enabling function? our admissions@grm.institute section & we
What do would be happy to provide more details &
industry partners bring Most organizations are sensitive to the context that would help you to take the right
to the table? inherent risks in their businesses and career decision. GRMI need not always be the
constantly struggle to create a structure right track, but we only urge students to be
As industry partners leading which will give them a continuous flow of inquisitive enough to ask & get as much detail
corporates would have an invaluable feedback on residual risks and solutions when as they need to be able to make their decision
contribution to the Programme in the residual risk exceeds the risk tolerance of the wisely.
following manner: organization. In the complex world of running
these businesses, this problem is accentuated Note: Please do continue to follow our website
These corporates will allow GRMI to have by a lack of talent in terms of good risk www.grm.institute for updates on formalisation
a planned and real experience-gaining understanding and innovative problem-solving. of multiple agreements with our Knowledge &
internship Programme for the students. Industry Partners, as well as ongoing addition
What this will mean is that students Hence for many large, medium, and small to our single largest differentiator: Our
would no longer need to run around and companies, spending considerable amount of enviable composition of Board of Governors,
seek internships and run the risk of doing time on risk management has become a part Strategy Board & Academic Council.
secondary research industry reports as of their culture. It encompasses defining the
part of their internship. GRMI, along with its components of risk, & developing processes
industry partners, will provide opportunities on how to identify, predict, measure, and
to the students of GRMI’s PGDRM Programme manage risk effectively.
2. What distinguishes the Programme
from others?
Credibility at GRMI is defined by the quality The curriculum has a strong component
of leadership that is driving the entire of real-life case studies that make the
Programme - a leadership that is driven by experience significantly more interesting and
Credibility at the passion and belief in giving back to the experiential than classroom learning;
WHY STUDY
society that has helped them become iconic
GRMI is defined by figures in their domain. GRMI, led by the A significant number of instructors will be
the quality of leadership Dean and ably supported by a distinguished from the corporate world, who will bring with
driving the entire
Programme.
AT GRMI? Board of Directors and Strategy Board,
an internationally-represented Board of
them the depth of domain knowledge critical
for delivering a specialized curriculum,
Governors, and an impressive Academic differentiated from generic qualifications;
While deciding on pursuing education in a Council aims to be a hallowed portal for
newly set-up environment, what would be the creating future leaders for the country and The curriculum and learning experience are
factors one should evaluate? the globe. co-created with the key stakeholders of the
39 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 40
ecosystem of risk–leading corporates and risk the days when one could be a successful Earnings Potential induct very relevant and uniquely trained
consulting firms. This ensures the relevance professional in India, and the the ability to PGDRM students in their organizations at a
and acceptance of both the curriculum and communicate with global leaders was not While as an educational institute we would much earlier stage, which will also allow for
the qualification. essential for career enhancement. Being not like to be viewed as believers that better career progression for the students.
oblivious to global cultures is no longer a education or knowledge gathering and
3. Will I get experiences that are luxury that aspiring professionals can afford. dissemination have a monetary equation Lastly, there is no recognized Programme
different from my other options? Our experience shows that a significant attached to it, we do wish to state a few specialising in risk domain in India that
percentage of domain talent loses out owing facts that will help students and parents delivers a one year Programme, and hence it
GRMI is committed to ensuring an to a lack of communication skills on the one determine the fairness of the Programme fee will allow GRMI students to get employed a
environment where the students get to hand, and connect with the global scene on structure. year earlier than their two-year counterparts
interact with more global leaders and risk the other. and use that head-start to stay ahead of
practitioners than what any other institute Our discussions with leading risk consulting their peer group in the longer run as well.
can offer. Each of our members of the Board At GRMI we have embedded as part of our firms suggest that PGDRM in its initial years
of Governors is committed to conduct student development Programme a unique will compete with newly qualified CAs and
sessions for the students either over VC or “Communication & Cultural Enhancement two year MBA Programme graduates. Over
through classroom sessions. Additionally, Module” that will be run through the year the next few years we expect absolute and
there is a large list of industry and consulting with an extremely personalized delivery. complete parity and aspire to even start
well-wishers who are unable to commit This will be aimed at improving each having our students attract a premium.
enough time to be on our boards but are individual student on the two parameters of At GRMI we
committed in principle to GRMI to make communication and cultural awareness on a What is even more relevant is that all
are committed
time for knowledge-sharing sessions with 10-point scale. The improvement Programme our discussions with risk-consulting and
the students. We believe that the invaluable will be run on an absolute basis of corporate leaders have indicated that deep to building “world
depth of the experience of these leaders improvement and not compared to the rest domain and all-round development that beaters” who will be all-
far outmatches text-based knowledge of the batch in order to ensure each student will be delivered at GRMI through the rounded professionals
accumulation, and hence GRMI prides itself in benefits and improves. We will partner PGDRM Programme is almost certainly going
and not mere risk
creating an experiential learning environment with domain experts in communication and to mean faster career tracks for PGDRM
that is unparalleled in India today. cultural enhancements to ensure we bring students, as compared to their peers who
domain experts.
the very best to our students. join with more generic qualifications. This
4. Is there something that only GRMI will hold true for all professionals pursuing
can provide me? At GRMI we are committed to building “world a career in the domain of risk, compliance,
beaters” who will be all-rounded professionals controllership and internal audits.
In today’s age when the world is fast and not mere risk domain experts.
shrinking and globalization is the way Corporate houses, unlike risk
forward for almost every large corporate, consulting firms, do not have the
the need for effective communication is felt internal machinery in place to provide
more acutely than ever before. Gone are best-in-class career enhancement training
Programmes to its employees in the risk
domain, and hence they have historically
“I am very impressed with the outstanding composition of the Board of Directors stayed away from hiring less experienced
& Governors, Strategy Board & Academic Council. This reflects credibility of professionals. With a PGDRM qualification,
the management team.” - Chetan Mathur, Former Sr. Director, Controller India Region, PepsiCo corporates will now get an opportunity to
41 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 42
CHETAN MATHUR - Board of Directors & Academic Council RAHUL PAGARE - Faculty
Chetan Mathur is a Chartered Accountant from the Institute of Chartered Rahul is the CEO of TrustID.in. Previously, he was the CFO at India Infoline
Accountants of India and a B.Com from Nizam College, Osmania University. He has Investment Services Ltd and Finance Head at HSBC – HDPI. He had been associated
30 years of experience in leadership roles in finance in the consumer goods industry with Arthur Andersen and with Ernst & Young for about 10 years in managerial
in Asia. He has developed expertise in M&A and integrating new businesses. He has positions. He spent 5 years with Goldman Sachs in the capacity of Vice President.
worked in several PepsiCo businesses across Asia and the Middle East
The curriculum have been conceptualised to create a one-of-its- PGDRM is a unique program being offered by GRMI for filling the
kind comprehensive Risk Management program offering. I believe supply gap of trained risk professionals. The management team
there is no other existing program available across the globe that has created a world-class institute that the smartest and brightest
covers all facets of risk advisory. would aspire to graduate from.
47 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 48
Dr. Nidhi Kesari is Director in SIIF (a Registered Company). She has served Chetan Mathur is a Chartered Accountant from the Institute of Chartered
at different Universities as faculty for more than eleven years. Her teaching Accountants of India and a B.Com from Nizam College, Osmania University. He has
experience includes teaching at Shri Ram College of Commerce, Hindu College, 30 years of experience in leadership roles in finance in the consumer goods industry
IP College, Daulat Ram College. She is the member of Editorial Board of few in Asia. He has developed expertise in M&A and integrating new businesses. He has
academic research journals. She is a life member of Indian Commerce Association. worked in several PepsiCo businesses across Asia and the Middle East
Her teaching and research interests include Finance,
As the Mentor for GRMI, I can assure all of you that the team has
Risk Management is a unique and niche segment of
put in endless hours to bring together some of the best minds that
management studies which will give the students of
we have today in India and globally in the world of Risk-across
GRMI a huge sense of satisfaction.
consulting firms, large corporates and academia.
49 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 50
DR. SONALI HAZARIKA - Faculty 2. Leveraging our global client connects with
Dr. Sonali Hazarika is an Associate Professor in Finance at the Zicklin School of Fortune Companies to channelize placements
TELECOM
SERVICES
Business, Baruch College, City University of New York (CUNY). She has taught though GRMI.
finance courses at the undergraduate, MS and MBA levels. She has also taught
HAIN MARK
international executive Programmes. She holds an MA in Economics from Delhi 3. Establish partnership with leading India and PL
YC ET
IN
UP BANKING
School of Economics and a Ph.D. in Finance from the University of North Carolina
G
Global HR associations, such as Society of
S
RETAIL
IP
IN
at Chapel Hill
SH
TER
Human Resources Management (‘SHRM’)
TROLLER
NAL AUDIT
CAREER
and National Human Resources Department OPPORTUNITIES
WITH PGDRM
CON
(‘NHRD’) to significantly enhance awareness,
FI
visibility and acknowledgement of GRMI as a CONSULTING
CE
NA
N
HOSPITALITY
N
IA CE
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significant talent source, or members of these COM NCT
associations. MANUFACTURING
professional skills and techniques, together with the ENTREPRENEURSHIP
PGDRM BATCH JULY’17 & JAN’18 PGDRM BATCH JULY’17 & JAN’18
PRATIK BAJAJ VEDANT AGRAWAL
EDUCATION - M.Com Graduate EDUCATION - B.Com
INTERNSHIP - PepsiCo, Control Dashboard Automation INTERNSHIP - PwC Risk Assurance
PLACEMENT - Ernst & Young, Forensic and Integrity Services, PLACEMENT - Grant Thornton, Gurgaon
Bangalore
RASHI KHATTAR
EDUCATION - B.com (H), University of Delhi PRAFFUL BANSAL
INTERNSHIP - Parag Milk Foods EDUCATION - B.Com,
PLACEMENT - Ernst & Young, Risk Advisory INTERNSHIP - Grant Thornton LLP
PLACEMENT - Grant Thornton LLP
AMIT SUBHANJE
EDUCATION - Bachelor’s of Engineering, V.T.U
INTERNSHIP - Grant Thornton LLP
PLACEMENT - KPMG, Risk Consultant in Advisory
TO PGDRM
STUDENT’S EXPERIENCE
Campus Life
to leading Indian and foreign periodicals and
We are committed to helping students, staff, journals which students can access. Access is
and faculty experience university life to the restricted to students and faculty in the campus.
fullest. We have a profound commitment to the
diversity of our community and are focussed Support Network
on creating an environment where students can
thrive. Through our wide array of Programmes Our support groups provide you with the
and services, we provide opportunities and opportunity to exchange views and experiences
experiences that build a community, help and build mutually-supportive local networks
you grow personally and professionally, and and contacts. One of the resources the institute
create a place that you can call home now makes available to students is the support and
and throughout your life. GRMI has excellent guidance of an administrator who is on call and
infrastructure, equipped with all modern can be reached at all hours.
facilities.
Counselling
Library
Counselling is a systematic process that GRMI
Books are repositories of knowledge and hold believes is the strongest support that a student
a place of pride in every educational institution. should be able to count on. Our counsellors
The library in our Campus has a collection of listen to students’ issues and concerns in a non-
1000+ books and journals (print and e-versions judgemental manner that inspires their trust and
having an equal spread given today’s digitally helps them move in a focussed manner towards
disruptive environment) and we subscribe their goals.
63 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 64
PROGRAMME DETAILS
Type of 1 year Post Graduate Diploma in Risk Management (‘PGDRM’) Eligibility The candidate must possess a Bachelor’s degree or equivalent, with a minimum
Programme: of 50% aggregate marks or equivalent in any discipline, from a recognized
university in India or abroad (recognized by the UGC/Association of Indian
6 days a week (for 1 year). However, this may need frequent adjustments Universities). The bachelor’s degree or equivalent qualification obtained by
Frequency without significant advance notice to accommodate the availability of some the candidate must entail a minimum of 3 years of education, after completing
of Class: of our highly decorated and esteemed faculty both from academia and the
higher secondary schooling under the 10+2 system or equivalent. Candidates
corporate world
in the final year of their bachelor’s degree or equivalent are also eligible,
provided they furnish proof of having met the minimum eligibility criteria
Programme 640 Hours of Teaching & Classroom time (36-42 hours per paper) within 3 months of start of programme. It is desired that candidates complete
Hours:
all academic requirements before joining the Programme to enable them to
keep pace with the rigor & internal assessment schedule of the Programme.
Focus of Understanding different facets of risk management
Programme:
Fees Fee for our 1 year PGDRM is INR Note 1 : The above fee structure
Structure 8.25 Lac + GST is applicable for all Indian national
Candidates possessing a Bachelor’s degree or equivalent with 0 – 4 years of students who are residing in India.
Ideal for: work experience, and having interest in risk management domain For any non-resident Indian or
foreign national please contact us.
2 3
form online through the website. The
1 application form should be filled online. provided by them in the application ability of the students to carry
form. Eligible candidates will appear themselves. On the basis of this
It can be downloaded at:
round, the final selection is decided
ADMISSION
for an interview based evaluation on
www.grm.institute/admissions a pre specified date. and scholarship is awarded (if
PROCESS TO qualified).
PGDRM:
training. However, please note that if a student chooses to voluntarily not participate in the campus placement process
Note 1: As we have indicated multiple times in our website content, the management team is absolutely certain about the
then no fee would be refunded. Precise dates and timelines for the payment of the above fees would be shared with the
placement of its students post their acquiring the PGDRM qualification from GRMI. As our demonstrated commitment
students as part of the joining and on boarding process.
to deliver what we say, the management has decided to refund the entire amount of Tuition fees i.e INR 7,70,000 for
student who doesn’t get placed after passing out of GRMI with a PGDRM qualification. This refund would be subject to Note 2: The above fee structure is applicable for all Indian national students who are residing in India. For any non-
the student attaining a pre specified attendance % and active participation in both classroom learning and internship resident Indian or foreign national please contact us for details of our fee structure.
65 Global Risk Management Institute I Risk Educators Pvt. Ltd. www.grm.institute 66
FAQs FAQs
What’s the USP of GRMI? Is PGDRM considered equivalent of a Master’s
thinking process, ability to understand business
Degree?
In current market scenario, the one thing and great communication skills have made
which can easily be termed as our USP is the it to extremely successful risk management
placement opportunities for all our students, to professionals. While the programme is equivalent in
serve a USD 40 B+ market growing at a steady content and rigour to an MBA / Masters, the
pace, however, we believe that’s an end product Indian regulations do not allow independent
As a fresher from college, I crave for business
that we are committed to deliver, and not really institutions to grant a Master’s degree. In
understanding and practical knowledge. Does
our USP. India, only Universities can award a Degree.
GRMI help me in getting these?
Students will receive a certificate / Diploma of
Our USP is the cutting edge course curriculum It’s heartening to see this question being asked completion of the Post Graduate Programme
delivered by an enviable mix of corporate to us on a regular basis. This clearly indicates in Risk Management. The industry, however,
& academia leaders through case studies that the youth is thinking in the right direction, understands the relevance of this issue.
developed by CXOs of Fortune 500 Companies. and wants to build his career on concepts and
All this with the support of corporate world knowledge. In addition to this, on successful completion
leaders, who believe in creating an ecosystem of the PGDRM programme each student is
for risk professionals with us. GRMI has built its course curriculum on awarded an International Masters in Risk
fundamentals of ensuring that our students Management by Awarding body OTHM. OTHM
Is risk management a right career for me? How understand the business value chains and Qualifications is approved and regulated
do I know, this is something I would like to concepts of risk management with ability by Ofqual (Office of the Qualifications and
build my career in? of applying the same in practical world. Our Examinations Regulation) in England and
course will focus on giving students practical recognised by Qualifications Wales. PGDRM is
If you are looking to have a fast paced dynamic understanding across 7 key industries like equivalent to a level 7 Masters on the Regulated
career, with extensive opportunity to learn and Manufacturing, Service, Hospitality, Telecom, IT, Qualifications Framework (RQF) – the same
contribute to the success of an organization, Human Resource and Regulatory Compliance. level as Masters degree.
then you should explore a career in risk This will make out students ready to explore
management. If you like problem solving, career options across industries.
As our qualifications are approved
approaching problems with an analytical
and regulated by Ofqual (Office of the
approach and contribute in enhancing Further, our course delivery is significantly
Qualifications and Examinations Regulation)
organization performance, then you are the based on Live case study pattern. These case
and Qualifications Wales, learners are also
right candidate for this. studies are developed in discussion with CXOs
eligible to progress to a top-up degree, master’s
of Fortune 500 Companies across the globe.
programme, or MBA at many universities in UK
Risk management opens up global An enviable mix of corporate leaders and
and overseas with advanced standing.
opportunities to work across industries like Leading Academia delivers the content ensuring
Consulting, Manufacturing, Services etc. knowledge sharing through practical corporate
and key business processes like – Finance, example sharing. For more information, please visit the MBA
Treasury, Operations, Supply chain, Compliance, Progression section on our website or www.
Controllership, HR etc. This combination of course structure & delivery OTHM.org.uk
model, positions GRMI students uniquely to
As our experience serves us, people with qualify with great command on concepts &
passion to learn, good analytical skills, a logical practical knowledge as compared to their peers.
CAMPUS ADDRESS:
Global Risk Management Institute
Plot No. 88, Sector – 44, Gurgaon - 122 002, Haryana
Tel: 0124-4850185
Email: admissions@grm.institute
www.grm.institute
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