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Chitkara University Signs Landmark Risk Management Pact with IRM India Affiliate

Published on April 29, 2025 | 115 views

IRM India Affiliate

Chitkara University has marked a significant milestone in its academic journey by formalising an affiliation with the Institute of Risk Management (IRM) India Affiliate. This collaboration has been recognised with the prestigious Certificate of International Affiliation, reinforcing the university’s commitment to fostering a robust, risk-aware academic ecosystem and equipping its students with globally recognised competencies in Enterprise Risk Management (ERM).

The official agreement was signed by Hersh Shah, CEO of IRM India Affiliate, and Dr. Madhu Chitkara, Pro-Chancellor of Chitkara University, in a ceremony that witnessed the presence of esteemed leaders from both institutions. Key attendees included Kosha Parekh, Director of Academic Programmes at IRM India Affiliate; Jyoti Ruparel, IRM Level 5 Fellow and Strategic Advisory Board Member; and Ian Springett, Chief Operating Officer of IRM Global. From Chitkara University, Dr. Sandhir Sharma, Vice Chancellor; Dr. Kuldeep Rojhe, Dean of Academics at the Centre for Distance and Online Education; and Dr. Gautam Bansal, Dean of IPM at Chitkara Business School, also joined the occasion.

This partnership, which aligns with the National Education Policy’s vision, introduces a synergy between international standards and practical, industry-relevant learning. The affiliation aims to enhance the university’s curriculum by incorporating cutting-edge risk management methodologies and frameworks, thereby empowering students with the skills needed to address the complexities of modern risk landscapes in various industries. Students will now have access to an array of specialised courses and certifications provided by IRM, preparing them to meet the growing demand for risk management professionals in the global market.

Dr. Madhu Chitkara, Pro-Chancellor of Chitkara University, expressed her enthusiasm about this landmark collaboration. She stated, “This affiliation with IRM India Affiliate represents a significant step towards enhancing our academic offerings and reinforcing our commitment to developing professionals who can navigate the challenges of a rapidly evolving world. We are proud to provide our students with an opportunity to gain valuable insights into risk management and to equip them with the tools to become leaders in their respective fields.”

Through this partnership, Chitkara University and IRM aim to shape a generation of professionals who not only understand the intricacies of risk management but also possess the strategic vision to drive sustainable progress across industries. This affiliation paves the way for future collaborations, research initiatives, and the creation of specialised educational content that addresses the growing need for skilled risk management professionals in today’s volatile business environment.