The University of Mumbai’s Garware Institute of Career Education and Development (GICED) has launched a pathbreaking collaboration with the Institute of Risk Management’s India Affiliate (IRM India) to introduce IRM’s Global Level 1 Enterprise Risk Management (ERM) Course as a 2-credit open elective virtual course under the National Education Policy (NEP, 2020). IRM, headquartered in the UK, established in 1986, is the world's leading certifying body for ERM examinations across 143 Countries. IRM is the only body in the world to provide designations in ERM with Fellowship at Stage 5 / Level 5. 

In a world where events like pandemics, wars, cyber-attacks, fake news, supply chain disruptions, governance irregularities, entrepreneurial failures, succession planning and reputational damages are becoming increasingly common, understanding and managing all types of risks is no longer just a profession — but a vital life skill across any career path. Through this landmark collaboration, students will have the opportunity to earn the global life skill by getting risk-intelligent in every domain and sector with this internationally recognised 2-credit open elective virtual course covering 300 areas of risks.