Chitkara Business School has partnered with the Institute of Risk Management (IRM), UK‑India Affiliate, to establish the Global Centre for Enterprise Risk Management (ERM). This is the first initiative of its kind in Punjab, focused on advancing structured risk intelligence in management education. The Centre prepares future leaders to understand and manage uncertainty in modern organisations. Instead of treating risk management as a standalone specialisation, the initiative integrates Enterprise Risk Management (ERM) across the business curriculum. This helps students see risk as a key capability for responsible leadership and sustainable growth. Through academic integration, professional certification pathways, and industry engagement, the Centre equips students with exposure to globally recognised frameworks and practices used in organisational decision‑making.
The Centre focuses on developing risk intelligence. This refers to the ability to identify, assess, and respond to uncertainty in complex organisational environments.
The Global Centre for ERM at Chitkara University functions as a knowledge and capability platform that connects academic learning with professional risk management standards.
By embedding ERM principles within management education, students gain exposure to structured risk frameworks used by organisations around the world.
This approach helps students understand how risk management supports strategy, governance, and long-term organisational resilience across modern organisations.
The Global Centre for ERM prepares students to navigate complex risk environments through structured, risk‑informed thinking.
The global business environment is increasingly influenced by interconnected risks such as geopolitical uncertainty, technological disruption, cybersecurity threats & climate related challenges.
By integrating international standards into learning, the Centre enables students to evaluate complex environments effectively. This focus on analytical skills supports responsible and effective organisational decision-making.
By embedding ERM principles across programs, the Centre helps develop graduates who understand how organisations manage uncertainty while creating sustainable value.
Exposure to diverse risks broadens perspective on global change, fostering curiosity and problem‑solving. This equips individuals to adapt to evolving financial landscapes. Together, these skills prepare professionals for finance.
An important feature of the Centre is its alignment with professional standards developed by the Institute of Risk Management.
Students enrolled in MBA and Integrated Program in Management (IPM) gain access to IRM’s Level 1 Enterprise Risk Management certification. This certification introduces students to internationally recognised risk management frameworks.
The curriculum covers more than 300 categories of organisational risk. These include environmental, social and governance risks, operational risks, financial risks, reputational risks, and emerging technological risks.
This certification pathway allows students to complement their academic learning with professional credentials recognised across industries worldwide.
These initiatives connect classroom learning with real-world practice through expert engagement, applied platforms, and industry exposure. Students develop practical skills, critical thinking, and the ability to apply risk‑informed decisions in dynamic organisational environments.
Integrates Enterprise Risk Management into management education. Engages students with industry experts through structured interactions. Builds practical exposure alongside academic learning.
Aligns with the National Education Policy 2020. Combines theory with case studies, risk assessments, and frameworks. Encourages students to present insights and apply learning.
Provides recognised, industry-relevant certifications. Builds awareness of risk, governance, and leadership. Prepares students for complex organisational roles.
To strengthen academic delivery, faculty at the Centre undergo specialised training and certification through IRM.
This ensures teaching reflects globally recognised ERM frameworks, governance practices, and board-level risk perspectives. Faculty bring these insights into the classroom, enabling students to learn risk management aligned with real organisational practices.
Through mentorship-based learning, students understand how risk management supports strategic planning, operational resilience, and responsible governance.
A dynamic knowledge ecosystem that empowers students with research access, immersive learning experiences, and a strategic perspective on risk.
Industry exposure and hands-on projects provide students with meaningful practical experience, strengthening analytical thinking and problem‑solving abilities. This approach prepares them for careers that demand structured assessment, governance awareness, and clear, well-informed decision-making.
The partnership with the Institute of Risk Management India Affiliate connects students with a global community of practitioners. This collaboration enhances the curriculum by providing direct access to academic resources, industry-aligned research, and international peer networks.
Digital access to IRM India’s professional platforms allows students to engage with an international network of researchers and leaders. This connection encourages knowledge exchange and active collaboration across global risk communities to ensure market competitiveness.
To deliver practical, future-focused finance education, enabling students to Chitkara University’s Global Centre for Enterprise Risk Management provides students with early exposure to internationally recognised ERM frameworks and professional standards. By combining academic learning with global certification pathways and industry engagement, the Centre helps students understand how organisations identify risks, manage uncertainty, and maintain long term resilience. Through this integrated approach, the Centre contributes to developing professionals who can approach challenges with analytical clarity, strategic awareness, and responsible leadership.
Chandigarh-Patiala National Highway, Punjab 140 401
Unit No. A 201-202, Elante Mall Office Complex
Industrial Area Phase 1, Chandigarh 160 002
Copyright © 2026 Chitkara Educational Trust
Unit No. A 201-202
Elante Mall Office Complex
Industrial Area Phase 1
Chandigarh 160 002
Chandigarh-Patiala National Highway
Punjab 140 401
