The World’s First MBA Programme That Specialises In Enterprise Risk Management

 
(Left) Group Chief Executive Officer and Executive Director of Paramount, Jeffrey Chew Sun Teong, (Middle) Assistant Governor of Bank Negara Malaysia, Donald Joshua Jaganathan, (Right) Chairman of the Board of Governors of the IERP®, Ramesh Pillai during the signing off ceremony. (Left) Chairman of the Board of Governors of the IERP®, Ramesh Pillai, (Middle) Assistant Governor of Bank Negara Malaysia, Donald Joshua Jaganathan, (Right) Group Chief Executive Officer and Executive Director of Paramount, Jeffrey Chew Sun Teong and the participants of the global conference.
  
Chairman, of the Board of Governors of the IERP, Ramesh Pillai (Left) and Governor of the IERP, Chong Sui Wei (Right) at IERP’s International Secretariat Office in Malaysia.  
KDU University College, in collaboration with the Institute of Enterprise Risk Practitioners (IERP®) based in London, unveils a new revolution to the business industry by introducing the world’s first Master of Business Administration (MBA) programme specialising in Enterprise Risk Management (ERM), which blends academic and professional knowledge focusing on practical and holistic aspects of ERM. The Master of Business Administration (MBA) specialising in Enterprise Risk Management (ERM) programme saw its official launch on the 22 May 2017 at the Mandarin Oriental Hotel, Kuala Lumpur by the Group Chief Executive Officer and Executive Director of Paramount, Jeffrey Chew Sun Teong and the Chairman of the Board of Governors of the IERP®, Ramesh Pillai in conjunction with IERP®’s Global Conference 2017 Enterprise Risk Management: Harnessing Disruption.

The officiation of the MBA programme was witnessed by the Assistant Governor of Bank Negara Malaysia, Donald Joshua Jaganathan, the Vice Chancellor of KDU University College, Prof. Dr. Hiew Pang Leang, Deputy Vice Chancellor – Academic of KDU University College, Assoc. Prof. Dr. Hon Wei Min, Deputy Vice Chancellor – Administration of KDU University College, Shanker A/L Sathivellu, Chief Marketing Officer of KDU University College, Sheikh Fahmy Bin Sheikh Mohamed and the rest of the participants of the global conference as well as the rest of KDU team.
The world is facing new challenges, repeated global crisis and unprecedented threats. All these have heightened the demand for professionals and experts in the area of enterprise risk management as more businesses are starting to focus their attention more on sustainable business practices.

ERM is all about developing and ensuring commercial sustainability, agility and resilience and is the latest, and most highly in demand, business management discipline. This MBA programme specialising in ERM covers the essential understanding and requirements of corporate governance, methods to enhance corporate strategy utilising ERM, and how to add significant value to any organisation’s performance by crafting business strategy in a more effective forward thinking fashion.

According to Mr. Ramesh Pillai, Chairman of the Board of Governors of the IERP®, “ERM helps you craft realistic strategies for organisations to do better than everyone else as it enables you to disrupt the market and achieve your objectives.” He added, “Our faculty members are essentially current risk practitioners which mean that students will not be exposed only to theoretical instructions but rather the theoretical knowledge will be overlaid with practical applications where these practitioners will share their own personalised war stories which they encountered throughout their working experience.”

Mr. Pillai also explained, “This specialised MBA program has been specially designed to provide postgraduate students with specific and applicable exemptions from the relevant subjects of the IERP®’s professional certification examinations. Graduates from this program will then have the option of utilising their exemptions to pursue the IERP®’s professional International Enterprise Risk Management certification programs.”

Chong Sui Wei, Chief Executive Officer of the International IERP®, also shared her thoughts on Risk Management Practitioners, saying, “If you want to stand out from the crowd, then you should definitely opt for this qualification as there is a shortage of ERM talent globally. ERM is a fairly new management science if you were to compare it to the other subjects like management, accounting, human resource, marketing, etc. and I would like to liken ERM as the Gen-Y of management sciences if you look at it from the evolution timeline. That means that a qualification in ERM would definitely increase your value to recruiting employers.” She added, “Graduates are welcome to participate in the IERP®’s networking sessions which would provide them with opportunities to meet other risk professionals, some of whom may also be looking for talents to join them in their organisations.”

The MBA programme was developed with keen insights and the market needs in mind. Dr. Tan Consilz, a Senior Lecturer at KDU’s School of Business mentioned, “We are very proud to be the first private higher education institution to offer such a niche programme in Malaysia, and globally recognised to be the only MBA that offers specialisation in the Enterprise Risk Management area, to provide cutting-edge exposure to our students for them to engage effectively in the current fast moving business environment.”

She added, “We believe that our programme will produce graduates who can work independently and sustainably in order to achieve success in their career.”