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MED 223 Risk Management

ND2 levelManagement & Administration15 topics

MED 223 covers 15 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Concept of risk and risk management
  2. Types of risk in microfinance
  3. Benefits of risk management
  4. Risk management process
  5. Risk appetite, matrix and mapping
  6. Risk management environment
  7. Enterprise risk management tools
  8. Risk management feedback loop
  9. Effective risk management framework
  10. Implementation guidelines for risk management
  11. Roles and responsibilities in risk management
  12. Obstacles to risk management in microfinance
  13. Risk mitigation strategies
  14. Operational risk management
  15. Fraud risk management

A sample from this course

One topic, as StudyPath teaches it.

Concept of risk and risk management

Risk is the possibility of an event that may affect the achievement of objectives; risk management is the systematic process of identifying, assessing, and mitigating these risks. Mastering these concepts is essential because exams frequently test your ability to define risk, differentiate between types, and outline the stages of a risk management framework.

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