Canadian Risk Management Certificate
Risk Assessment, Risk Control, Risk Financing
Wilfrid Laurier University offers the required courses for the Canadian Risk Management (CRM) Designation, in conjunction with the Global Risk Management Institute. To obtain the certificate, students must complete the three designated risk management requisites, outlined below. All three courses are offered at Wilfrid Laurier in a hybrid format, with the course offered primarily online, with some opportunity for face to face interaction.
Registration Form
For details on how to submit your registration, please refer to the registration form, or visit the
Registration section.
Phone 519.884.0710 ext. 6036 or email
conted@wlu.ca if you require additional information.
This course is intended to familiarize the student with the basic concepts and processes of risk management in a Canadian environment. This is one of three courses required to obtain the Canadian Risk Management Designation.
Subjects treated include:
- the risk management concept and objectives
- risk management in an organization and its effect on profits
- risk management techniques
- risk identification and analysis
- property risks
- income risks
- liability risks - traditional, industrial, consumer, environmental
- employee (personnel) risks
- probability techniques in risk management
- risk management decision making and capital budgeting methods
Students should have a fundamental knowledge of business organization, employee benefits and general insurance.
Course Information
By exploring selection, implementation and monitoring of risk control techniques, this course will assist you and your organization to prevent or minimize actual loss. This is one of three courses required to obtain the Canadian Risk Management Designation.
Prerequisite: Risk Assessment or a fundamental knowledge of business management, employee benefits and general insurance
Subjects treated include:
- framework for risk control
- criteria for risk management decision making
- accident causes and costs
- controlling work injuries, property and net income losses, liability losses and other employee losses
- loss control motivation
- integrative approaches to risk control
- implementing and monitoring non-insurance transfers and management risk control
Course Information
Explore the selection, implementation and monitoring of risk financing techniques in which an organization can obtain funds to pay for any accidental losses that strike it.
This is one of the three courses required to obtain the Canadian Risk Management Designation.
Prerequisite: Risk Assessment or a fundamental knowledge of business management, employee benefits and general insurance
Subjects treated include:
- framework for risk financing
- selection criteria for risk financing techniques
- insurance as a risk financing technique
- financing property, net income, liability and employee losses
- accounting and some income tax aspects of accidental losses
- implementing risk retention available options, including use of affiliated insurers
- insurance pricing, selection of insurers, and their representatives
- risk cost allocation
Course Information
