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
Graduates of the program will be able to:
- Explain risk management and its importance within an organization
- Identify the principles of risk management and how to effectively apply these principles
- Identify, assess and properly manage and treat various risks
- Apply proper management principles for the financial aspects of Risk Management
The following objectives will be threaded within each course:
- Demonstrate an awareness of ethical practices and professional standards applicable to the field of risk management
- Exemplify the skills, attitudes and behaviours required to work and collaborate with people and develop personal management skills
- Employ effective communication practices
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

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
Judelyn '23
Business Administration with a concentration in Finance/Accounting
I appreciated the opportunity to discover my full potential and strengths, which inspired me to do better.
My family migrated to Canada in 2006 from the Philippines (Asia). I hold a bachelor’s degree in accounting from my home country.
Although challenging, I am grateful for the opportunities I have been given. I started my journey in Canada with temporary junior accounting jobs. It allowed me to integrate myself into the Canadian workforce and culture. After gaining more Canadian work experience, I landed a permanent job. Currently, I work as Treasury Analyst in a HydroElectric Generation company.
Despite the obstacles, I was determined to gain Canadian credentials. The pandemic made it more challenging, but I persisted. I balance work, study, and family.
In December 2019, I enrolled at McMaster University. Later earned a Diploma in Business Administration with a Concentration in Finance and completed a Diploma in Accounting.
While studying at McMaster University, I developed my self-discipline and changed how I perceive things, which is priceless. I have to experience it to learn and discover it. I am self-motivated. I noticed I enjoyed studying – understanding in depth and not memorizing, which I usually did when I was younger.
The McMaster University courses were challenging to be honest, and my teachers taught me to be a critical thinker. I began thinking outside the box. The good thing is that if I had an idea or answered a question, they let me explain why I came up with that answer – that, for me, was so engaging for a student to understand more and strive to improve rather than simply dismissing a student’s incorrect answer.
From personal experience, the teaching style of McMaster University is different, and I appreciated the opportunity to discover my full potential and strengths, which inspired me to do better. Until now, I have applied the ways and self-discipline I had gained even with this Treasury Designation exam I took recently. I want to thank and let McMaster know the influence/the lessons they had instilled in me that changed my outlook and mindset, making me better and excel in what I want to be.
Judelyn
Business Administration with a concentration in Finance/Accounting

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
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
I appreciated the opportunity to discover my full potential and strengths, which inspired me to do better.
My family migrated to Canada in 2006 from the Philippines (Asia). I hold a bachelor’s degree in accounting from my home country.
Although challenging, I am grateful for the opportunities I have been given. I started my journey in Canada with temporary junior accounting jobs. It allowed me to integrate myself into the Canadian workforce and culture. After gaining more Canadian work experience, I landed a permanent job. Currently, I work as Treasury Analyst in a HydroElectric Generation company.
Despite the obstacles, I was determined to gain Canadian credentials. The pandemic made it more challenging, but I persisted. I balance work, study, and family.
In December 2019, I enrolled at McMaster University. Later earned a Diploma in Business Administration with a Concentration in Finance and completed a Diploma in Accounting.
While studying at McMaster University, I developed my self-discipline and changed how I perceive things, which is priceless. I have to experience it to learn and discover it. I am self-motivated. I noticed I enjoyed studying – understanding in depth and not memorizing, which I usually did when I was younger.
The McMaster University courses were challenging to be honest, and my teachers taught me to be a critical thinker. I began thinking outside the box. The good thing is that if I had an idea or answered a question, they let me explain why I came up with that answer – that, for me, was so engaging for a student to understand more and strive to improve rather than simply dismissing a student’s incorrect answer.
From personal experience, the teaching style of McMaster University is different, and I appreciated the opportunity to discover my full potential and strengths, which inspired me to do better. Until now, I have applied the ways and self-discipline I had gained even with this Treasury Designation exam I took recently. I want to thank and let McMaster know the influence/the lessons they had instilled in me that changed my outlook and mindset, making me better and excel in what I want to be.
Judelyn
Business Administration with a concentration in Finance/Accounting
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
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)
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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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 |
Admission Requirements
Admission Requirements
This program is open enrolment, which means there is no formal application or admission procedure. To enrol in a course, simply register online. Our courses can be taken as part of a program or individually.
To enrol in McMaster Continuing Education programs, you must:
- Have an Ontario Secondary School Diploma or equivalent
- Be a mature student as defined in the Undergraduate Calendar of McMaster University or
- Be deemed an exceptional case
To ensure you are successful in your online courses, you are required to have knowledge and skills with general computer applications, such as keyboarding, file management, video conferencing and word processing.
Language Requirements
If your first language is not English, you must meet the University’s English language proficiency requirements. Completion of TOEFL exam with a minimum acceptable score of 20 on each of the four components (reading, writing, speaking and listening), valid for 2 years.
Expandable List
- Visit continuing.mcmaster.ca/programs to find your program of choice
- Click on each tab on the program page to learn about credential options and requirements, schedule and fees, and a list of all courses in the program
- Select a course and then select an available offering, noting important information such as cost, delivery format, and start/end dates; then click ‘add to cart’
- Once you have added your courses, click the shopping cart icon at the top right-hand corner of the page (bottom of the browser screen on mobile)
- Review your cart and, once you’re ready to proceed with enrolment, click ‘proceed to checkout’
- As the next step, you will be redirected to Mosaic – McMaster’s Administrative Information and Enrolment system
- Once you are in Mosaic, select ‘new to McMaster’ or log in with your existing MacID and password (if applicable)
- Complete all required fields and select a program of study when prompted (i.e., a specific program or open studies for standalone courses)
- Finally, payment is required in full to secure a spot in your course(s)
A payment receipt email will be issued to you immediately after registering, and a course confirmation email will be sent to you overnight. Within approximately 24 hours of registering, you will also receive an important email containing credentials used to activate your MacID, which you must do before you can access courses in Avenue to Learn. Please review our Getting Started page to learn more about the next steps for beginning your studies after registration, and our Help Centre for our Refund Policy and other frequently asked questions. Please note that on average, each course requires 6-8 hours of study per week, per course (sometimes more) and some courses may have listed prerequisites. Please plan your schedule accordingly. Most students take 1-2 courses per term across a few different terms and a full-time equivalent course load is typically 3-4 courses per term.
For more information and a walkthrough on how to register, please check out this video.
- Payment must be made in full at the time of enrolment
- Online credit card or debit payments are preferred
- Accepted credit cards: Visa, MasterCard and American Express
- Accepted debit cards: Visa Debit and Debit Mastercard
- Google Pay is available for faster checkout
- Payments can be made from a Canadian Financial Institution and can take 2 to 4 business days to arrive in your McMaster student account. Once payment has arrived, you can register for your course. Please note that if the amount of the course fees owing is more than what was transferred to your student account, you will be dropped from the course.
Ready to get started?
Visit the Courses tab to select your course and proceed with the registration steps.