Program Introduction

Whether you prepare or not, your organization faces risk every day. Unanticipated shocks like the global pandemic of 2020 can threaten earnings, damage your reputation, and throw operations into a tailspin.

Rotman’s Risk Management program will equip you to strengthen your approach to internal and external risk. Your organization will benefit from your newfound ability to anticipate and respond to risk. Sessions include discussions of COVID-19 and pandemic preparedness. Managing all risk is impossible, so what do you focus on? And, what do you do when risk management and crisis management must be incorporated into strategy?

What will you learn?

You will also gain non-technical exposure to state-of-the-art tools such as data analytics and machine learning and how they can be applied to risk management. After the program you will benefit from one hour of one-on-one consulting about how you are applying the tools you learned in class within your organization. You will learn how and why to frame risk as a key strategic imperative, allowing you to turn short-range risks into long-term opportunities, and making your organization safer, stronger, and more resilient. From cyber, reputational to operational risk and beyond, by the end of this program, you will better equipped to manage in a volatile and complex world.

Who this program is meant for

Senior executives and board members who want to gain an in-depth knowledge of risk management strategies and how to apply them to a wide set of organizations and situations will benefit. This program will provide an advantage across-industry, but those from government, financial institutions and corporate governance will find it particularly relevant. 

Program Faculty

R. Ramy Elitzur

Ramy Elitzur is an Associate Professor of Accounting. He has earned a PhD and MPhil. from Stern School of Business Administration, New York University and an MBA from Recanati School of Business, Tel Aviv University. In addition, he holds CPA and CMA designations in the US. He has been a visiting professor at the Stern School of Business. Ramy has published in various top journals in finance, economics and accounting on game theory applied to financial situations.

Richard C. Powers

Richard Powers is the National Academic Director, Directors Education Program and Governance Essentials Program. Rick recently completed a 5-year term as the Associate Dean and Executive Director of the Rotman MBA and Master of Finance Programs. A recipient of numerous teaching awards, Rick’s areas of expertise include corporate governance, ethics, business and corporate law and sports marketing. He also teaches in Rotman’s Executive MBA, OMNIUM, MBA and Executive Education Programs. He is a director of several not-for-profit organizations and frequently comments on legal and governance issues in various media across Canada.