Overview
Earn your Risk Management Certificate of Professional Learning
Risk is part of our everyday lives. Learning how to assess, identify, communicate, and control exposure to risk will enable you to better create and implement structured risk management programs within your organization.
- Earn a Certificate of Professional Learning in Risk Management on its own or choose the Diploma in Business Administration with a concentration in Risk Management
- Three accelerated 10-week courses let you earn a Certificate of Professional Learning in Risk Management in under a year
- All three courses in the program fulfill the education requirement for the CRM designation through The Global Risk Management Institute
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Program highlights Learn More
- Gain the fundamental risk management skills today’s employers are seeking
- Taught online by industry experts
- Meets requirements for you to pursue your CRM designation
- Open enrolment program
Risk Management program features:
- Approved courses for you to pursue your CRM designation
- Three accelerated 10-week courses to earn your Certificate of Profession Learning in under a year
- Flexible online study, including virtual instructor sessions, group discussions, assignments and case studies
Please Note: McMaster University Continuing Education provides the educational component to earn your Canadian Risk Management (CRM) designation. To earn your CRM, student must successfully complete the three risk management courses offered and three standardized exams, one for each risk management course. The three standardized exams are administered by Global Risk Management Institute and are outside the scope of work you do to complete your McMaster courses. Registration and payment of the CRM designation exam are handled directly by GRMI.
It is the responsibility of the students to comply with the program admission and course requirements of the institute. Students should contact the institute directly for detailed information on designation requirements.

What you'll learn Learn More
- Understanding the principles and practice of risk management
- Identifying and analyzing loss exposures
- Assessing and treating risk on losses to property, people, income and liability
Through our Risk Management program, you’ll learn to:
- Identify and analyze loss exposure, develop alternative techniques for treating each exposure and choose the best risk management and appropriate techniques for handling each exposure
- Explore the selection, implementation and monitoring of risk control techniques that are essential in preventing or minimizing potential losses before they occur
- Examine fault-free study, statistical analysis, contractual liability reviews and in-house safety programs
- Examine the selection, implementation and monitoring of risk financing techniques to obtain funds to pay for any accidental losses that occur
- Study the criteria for risk financing techniques; financing property, net income, liability and personnel losses; accounting and income tax aspects of accidental losses; implement risk retention, including use of affiliated assurers; insurance pricing; selection of insurers and their representatives; and risk cost allocation
- Develop the foundational knowledge and skills to pursue your CRM certification
Learn more about the Risk Management program
- Anyone working in the area of business where risk is assessed, such as Insurance, Finance, Healthcare, Hospitality, Technology and more
- Professionals pursuing the Canadian Risk Management (CRM) designation
- Professionals looking to reinvent their business career
Earning a Certificate of Professional Learning in Risk Management opens doors to a wide range of rewarding careers including:
- Risk Analyst
- Insurance Analyst
- Loss Control Representative
- Risk Consultant
- Risk Management Consultant
- Compliance Specialist
- Risk Operation Team Manager
Are you a current McMaster University undergraduate student?
Explore the ElevateYourSkills option to learn how you can earn a Risk Management certificate as part of your degree.
- Use your electives to earn a professional certificate or diploma
- Fully online courses that you can fit into your schedule
- Providing you with real-life career skills and experience before you graduate
Check out our latest Program Preview webinar to learn more about the Risk Management program
What Our Recent Graduates Say

Tracy
Project Management graduate
“I am constantly reinventing myself. McMaster Continuing Education has been transformative.”
I am constantly reinventing myself. McMaster Continuing Education has been transformative. I was introduced to new ideas and new skills. Because of that, I’ve had new opportunities in my career. McMaster Continuing Education is the best place to take professional development courses. The programs fit into your life.
Tracy
Project Management graduate

Adam
Business Administration graduate
“I feel very strongly that McMaster Continuing Education can really help you reinvent your career.”
I feel very strongly that McMaster Continuing Education can really help you reinvent your career. I found that the Business Administration program was really the best fit for me, because the learning that I was able to take in through this program was really cutting edge and current to the labour market. The learning that I took on is something I use every day.
Adam
Business Administration graduate

Tyson
Business Administration - Marketing graduate
“The instructors worked in the marketing field and taught us real-life experiences.”
Obtaining an education with McMaster Continuing Education helped me reinvent my career. I was a former banker and I wanted a career in marketing. Through this program, I was able to bridge that gap and get into the career that I wanted. The instructors were working in the marketing field, teaching us real-life experiences and that was very valuable to me.
Tyson
Business Administration - Marketing graduate
“I am constantly reinventing myself. McMaster Continuing Education has been transformative.”
I am constantly reinventing myself. McMaster Continuing Education has been transformative. I was introduced to new ideas and new skills. Because of that, I’ve had new opportunities in my career. McMaster Continuing Education is the best place to take professional development courses. The programs fit into your life.
Tracy
Project Management graduate
“I feel very strongly that McMaster Continuing Education can really help you reinvent your career.”
I feel very strongly that McMaster Continuing Education can really help you reinvent your career. I found that the Business Administration program was really the best fit for me, because the learning that I was able to take in through this program was really cutting edge and current to the labour market. The learning that I took on is something I use every day.
Adam
Business Administration graduate
“The instructors worked in the marketing field and taught us real-life experiences.”
Obtaining an education with McMaster Continuing Education helped me reinvent my career. I was a former banker and I wanted a career in marketing. Through this program, I was able to bridge that gap and get into the career that I wanted. The instructors were working in the marketing field, teaching us real-life experiences and that was very valuable to me.
Tyson
Business Administration - Marketing graduate
Other programs you may be interested in
Certificate in Risk Management
CERTIFICATE of Professional Learning IN RISK MANAGEMENT
Pursue your Certificate of Professional Learning in Risk Management with McMaster Continuing Education
Explore the requirements below and register today!
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Certificate of Professional Learning in Risk Management
Earn the Certificate of Professional Learning in Risk Management by completing all 3 required courses listed below.
Note: Courses should be taken in sequence.
Certificate of Professional Learning in Risk Management Requirements
Academic Credit: 9 Units
Note: Courses should be taken in sequence.
Risk Management courses can also be completed as part of the Business Administration Diploma with a concentration in Risk Management.
Courses can also be taken as general electives in the Business Administration Diploma.
Courses (Complete all 3)
3.0 UNITS
RSK 714
Risk Assessment & Treatment
3.0 UNITS
RSK 715
Risk Financing
Risk Management Courses
Risk management Courses
Advance your career with online Risk Management courses
Explore course options below and register today!
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3.0 UNITS
RSK 714
Risk Assessment & Treatment
3.0 UNITS
RSK 715
Risk Financing
Risk Management Program Schedule
Risk Management Program Schedule
This schedule table displays courses planned to be offered this year and is a guide to planning your courses for the academic year. Please note: Spring term registration opens mid-March and Fall/Winter term registration opens mid-July. The schedule table is subject to change. Please visit the course pages to browse classes currently available for registration and the latest cost information. The cost for Risk Management courses is $772.06 per course.
Learning format definitions:
- VC = Virtual Classroom learning format
- O = Online learning format
- OSS = Online Self-Study learning format
For more information about our learning formats and to choose a format that works best for you, please visit our Learning Formats page.
Course Name (Course Code) | Winter 2023 | Spring 2023 |
---|---|---|
Risk Management Principles & Practices (RSK 713) | Date: Jan 16 – Mar 26
Format: O |
Date: May 8 – Jul 16
Format: O |
Risk Assessment & Treatment (RSK 714) | Date: Jan 16 – Mar 26
Format: O |
Date: May 8 – Jul 16
Format: O |
Risk Finance (RSK 715) | Date: Jan 16 – Mar 26
Format: O |
Date: May 8 – Jul 16
Format: O |