Postgraduate Certificate in Enterprise Risk Management
The National Human Resource Development Plan NHRDC seeks to ensure that human resource skills are developed within the workforce in the critical areas such as business management. Risk management has been identi-fied as one such critical area where development is required to ensure that the level of good governance and risk management is raised within the country. Risk Management has become a key supporting activity for practicing managers and an understanding of the theory of Risk Management is of considerable value to any enterprise.
The Post Graduate Certificate in Enterprise Risk Management was introduced by BAC with the hope of bridging the skills gap in the Botswana economy at the moment with regards to the disciplines of enterprise risk management and governance. It is a matter of global consensus that the recent global economic meltdown was primarily caused by poor risk management and governance structures. BAC decided that it was necessary to develop a qualification, which would provide professional executives with the skills to develop and manage risk manage-ment frameworks in their organisations. The programme is designed to enhance their skills in Enterprise Wide Risk Management within the workplace and because the course is designed to run alongside their jobs, it ena-bles them to put the theories into practice. The programme is work-based and will add real value for their future careers and further studies in business and management..
The programme is designed to further enhance their knowledge and skills in the area of corporate governance as it relates to Risk Management and will give them more confidence in their ability to deal with complex situations; they will also learn to communicate effectively via written reports and presentations. They should also gain skills in problem solving, analysing their workplace and communication. The programme was launched in Janu-ary 2012 with 150 students in Gaborone. It has shown tremendous growth in the two years since, with over 400 having completed the programme and an average enrolment of about 250 per cohort. This is a testament of how hungry the market and industry were for such a product and a validation of the foresight shown by BAC’s management and product development structures.