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HOME EXECUTIVE PROGRAMMES Programmes Listing NICF - Risk and Compliance Management (MDM)
NICF - Risk and Compliance Management (MDM)

Dates 24, 25 & 26 July 2017

Focusing on the protection of the business would result in a risk programme that, in theory, will meet regulatory compliance.  However, the protection of the business goes beyond the mandate of meeting regulatory compliance.  Compliance is expensive. It is hardly surprising that companies are looking for ways to reduce the cost of compliance or, better yet, leverage on compliance requirements develop competitive advantage.  In many cases taking a risk management approach lowers cost by reducing redundant controls and disparate processes, and facilitates long term growth. 

The scope of protection against threats and degree of compliance depends on an organization’s risk appetite.  When companies are financially successful, they can spend their way out of a compliance disaster.  However, during less stable times, there is much less margin for error.

This course covers the fundamentals of organizational risk management.  A good understanding of risk management philosophies and practices will enhance the IT professional’s ability to provide effective technology solutions to partner efforts in establishing sustainable growth strategies.  Participants will learn how to identify corporate vulnerabilities and hot spots, and recognise the residual risks.  The will be able to develop practical work plans that they can introduce to their workplace

Who should attend?
Technical and management executives and with 2-8 years of experience

Course Fees

 

International Students

Singapore Citizens

(aged between 21 and 39) or

PRs (aged 21 and above)

SkillsFuture Mid-Career Enhanced Subsidy 

(Singapore Citizens aged 40 and above)

Singapore Citizens (Workfare Training Support scheme)

Enhanced Training Support for SMEs^

Full course fee

S$2400

S$2400

S$2400

S$2400

S$2400

GST (7%) on full course fee

S$168

S$168

S$168

S$168

S$168

Less: Funding Amount

-

(S$360)

(S$1200)

(S$2280)

(S$1200)

Total nett course fee payable, including GST

S$2568

S$2208

S$1368

S$288

S$1368

Remarks:

  • Individual Sponsored 
    • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding
  • Company Sponsored 
    • Absentee Payroll claimable by SMEs: Up to 80%of hourly basic salary capped at $7.50/hr
    • Absentee Payroll claimable by Non-SMEs: Up to 80% of hourly basic salary capped at $4.50/hr
    • Absentee payroll claimable by companies (SMEs and Non-SMEs) sponsoring candidates under WTS Scheme: Up to 95% of hourly basic salary
  •  

Certification
Upon successful completion of the course and passing the assessment, the participants will be awarded

  • Certificate of Completion from NUS
  • Statement of Attainments (SOAs)
    • IT-SM-401S-1 Perform IT risk assesment
    • BM-RM-506E-1 Establish processes for the management of noncompliance
    • BM-RM-503E-1 Develop a risk management framework, policy and process
    • IT-PM-406S-1 Manage project risk

Download a PDF Brochure

Download the application form