Master in Risk Management Specialty in Internal Audit

General

Read more about this program on the institution's website

Program Description

The Master in Risk Management, specialty in Internal Auditing, is an online master that allows you to obtain your own double degree with international validity. The objective of this program is to train the student to master Risk Management, specializing in Quality Management Systems.

This online master's degree allows to know the latest versions of reference standards in Risk Management such as ISO 31000: 2018 or ISO 55000 standards. It also includes courses aimed at the implementation of quality management systems based on the ISO 9001: 2015 standard and internal audits according to the guidelines of ISO 19011: 2018, having risk-based thinking as part of its principles.

With the Master in Risk Management specialty in Internal Auditing, the student will be able to apply the requirements of the ISO 9001 standard, planning and implementing actions to address risks and opportunities. In addition, to carry out internal audits that allow the identification of areas for improvement, increasing the effectiveness of the quality management system in organizations. The specialized master's degree in ISO 9001 also transmits knowledge to learn how to develop risk maps and matrices within a quality management department.

This postgraduate training is unique in the market, so it provides differentiating advantages for professionals.

Brainstorming over paper

Curriculum

Course 1. Introduction to Risk Management.

  • Introduction to Risk Management. General Considerations, Actors, Perspectives.
  • Risk Management. ERM models in banking and Project Management.
  • ISO 31000: 2018. Principles and guidelines for Risk Management.
  • Practical case

Course 2. General concepts of Risk Management.

  • Basic Concepts and Risk Classification.
  • Identification and Characterization of Risks. Risk matrices.
  • Risk Assessment, Treatment, Monitoring and Review.
  • Practical case

Course 3. Risk Assessment Process.

  • Risk Assessment Unit. Objectives and Processes.
  • Events, Probability and Consequences. ISO 31010 techniques and tools.
  • Maturity models Audit and advice.
  • Practical case

Course 4. Main generic Business Risks.

  • Strategic Risks.
  • Reputational Risks.
  • Legal Risks.
  • Practical case

Course 5. Cross-Cutting Risks in the Company.

  • Introduction to Project Risk Management.
  • Introduction to ICT Risk Management.
  • Introduction to Occupational Risk Management.
  • Practical case

Course 6. Financial Risks in the Company.

  • Risks Associated with ISO 55000 Asset Management.
  • Introduction to Insurance and Actuarial Management.
  • Fraud and money laundering.
  • Practical case

Course 7. Organizational Structure in Risk Management.

  • The organizational structure in risk management.
  • Policies and procedures manual.
  • Treatment and Cost / Benefit Analysis.
  • Practical case

Course 8. Risk Analysis and Management Software.

  • Risk analysis. Design and simulation.
  • Evaluation and Document Management with Global Suite I.
  • Evaluation and Document Management with Global Suite II.
  • Practical case

Course 9. Quality Management Systems. ISO 9001: 2015.

  • Context Requirements. Leadership and Planning. Thinking based on risks and opportunities.
  • Support and Operation Requirements.
  • Performance Evaluation and Improvement Requirements.
  • Practical case

Course 10. Internal Audits ISO 9001: 2015.

  • Audits of Quality Management Systems and the Management of its Programs.
  • Planning the Audit of the Quality Management System. Risks and Opportunities.
  • Performance of Audit Activities: Reports and Follow-ups.
  • Practical case.

Course 11. Master thesis.

Why study this master?

The Master in Risk Management specialty in Internal Auditing guarantees the necessary knowledge to know how to apply and audit two management standards par excellence: ISO 31000 and ISO 9001. The syllabus transmits skills to identify, analyze and assess risks inherent to a Management System of the quality.

All the contents of the program are taught by expert and active teachers in large reputable companies in the Spanish business risk sector, among others: AGERS, REPSOL, BBVA, SANTANDER or CAIXABANK.

It is an ideal online master for those who wish to specialize in risk management and who intend to implement and audit quality management systems in companies or other types of organizations, under the principle of risk-based thinking.

Online training in internal auditing is designed to make family and professional life compatible with master's studies.

What will I learn?

Upon completion of the Master in Risk Management specialty in Internal Audit you will be able to:

  • Comprehensively manage the risk of any company.
  • Plan and execute internal audits in quality management systems, according to the guidelines of ISO 19011: 2018.
  • Implement risk-based thinking in the quality management system of organizations.
  • Know how to prepare risk matrices and maps within quality management departments.
  • Mastering the latest Risk Management and Analysis software.

Who is it for?

The online master specialized in internal auditing is especially aimed at:

  • Engineers, lawyers, international auditors, financial analysts, insurance managers.
  • Risk Management professionals who want to complement their professional activity with audits of quality management systems based on the ISO 19011 standard.
  • Executives who want to implement risk-based thinking in the Quality Management Systems of their organizations.
  • Middle or technical cadres who seek a professional leap and want to contribute to risk management under the ISO 31000 and ISO 9001 regulations to their company.
  • Consultants in management systems.
Last updated Oct 2020

About the School

EALDE Business School nace con vocación de aprovechar al máximo las posibilidades que Internet y las nuevas tecnologías brindan a la enseñanza. Ofrece a sus alumnos la posibilidad de cursar, desde el ... Read More

EALDE Business School nace con vocación de aprovechar al máximo las posibilidades que Internet y las nuevas tecnologías brindan a la enseñanza. Ofrece a sus alumnos la posibilidad de cursar, desde el lugar en el que se encuentren, estudios de posgrado en materia de gestión de empresas de la misma forma que harían si los cursos se siguiesen presencialmente en una escuela tradicional. Read less
Community of Madrid