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Sustainable Operations Risk Management

Organizations must address operational risks on an ongoing basis through ERM. ERM professionals must understand how organizations monitor, assess, and manage operational risks to support strategy and promote productivity and sustainability.

Cover the central concepts of operational risk including risks related to business processes and execution, business continuity, environmental risk, social responsibility, internal and external fraud, financial reporting, third-party management, change management, human capital, supply chain, legal and governance risks.

Learn key operational risk framework elements such as process mapping, risk identification, control documentation, and testing. The course covers core techniques for assessing, monitoring, and mitigating operational and sustainability risks.

  • Credits: 3 credits
  • Course ID: ERM 722

What You'll Learn

Identify, assess, and monitor key operational and sustainability risks.
Demonstrate the ability to address operational risk challenges and opportunities through cross-functional engagement.
Evaluate and explain linkages between operational and other risk categories
Design a social and environmental risk assessment as part of an overall enterprise sustainability profile and report
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Course FAQs

What is asynchronous?
Asynchronous learning means that the instructor and the students in the course all engage with the course content at different times (and from different locations). The instructor provides students with a sequence of units which the students move through as their schedules permit.
What is the course structure?
Courses are offered fully online and are asynchronous. There is an optional, live interactive session offered weekly so students can engage with one another and with the faculty member. 

How long is each course?
Our mini-sessions (or terms) are 7.5 weeks long, and courses are offered in each mini. Each semester consists of 2 mini-sessions.
How many courses can I take in a mini-term?
We have structured our courses so students can take one course at a time; this is especially important for students balancing full-time employment. We do permit students to take a maximum of two courses in 1 mini-term (i.e. 6 credits over a 7.5 week period). While taking more than two courses in one semester may seem appealing, these online accelerated courses can be difficult to manage, especially while working full-time. In addition, taking more than one course in a mini session could cause conflicts in your weekly live sessions (i.e. they could be offered on the same day and time). 

What is a part-time course load vs. a full-time course load?
Part-time in SPS is defined as 3 credits (1 course) per semester, and full-time is defined as 6 or more credits (2 or more courses) per semester. Every course at SPS is 3 credits.
How fast can I earn a master's degree?
You can finish an SPS program in as little as 16 months if you take a course every mini semester*. If you need more time, that's okay too! We offer flexibility so you can go your own pace.

*This is for 30 credit hour programs only.