In finance, risk refers to the degree of uncertainty and/or potential financial loss inherent in an investment decision. A Risk Manager's responsibility is to use his expertise to help his or her organization prepare for such uncertainties, minimize threats to its interests, and reduce losses. The actions of the Risk Manager have a direct impact on the company's financial performance, efficiency, output, and overall success.
Personal Competencies
• You are a careful and organised person
• You can keep accurate records of expenses and income
• You are good at Maths
• You like to analyse problems/situations
Entry Pathway
1. Complete 10+2 in the Commerce or Science stream
2. Complete Bachelor's in any Engineering/ Com puter Science/lnformation Technology/Computer Application/Mathematic or related subject
OR
Complete Bachelor's degree and follow it up With a Master's in the same or allied field
Please check the duration of the course during enrolment
Where will you study?
This course is offered by the Department of Information Technology.
This list of institutes is indicative only.
GOVERNMENT INSTITUTES
1. Delhi Technological University, New Delhi
2. Lalbhai Dalpatbhai College of Engineering, Ahmedabad
3. Indian Institute of Engineering Science and Technology, Kolkata
4. Government Polytechnic, Nashik
5. Government Polytechnic, Mumbai
6. Aligarh Muslim University, Aligarh
7. NIMS University, Jaipur
8. Government Polytechnic For Girls, Ahmedabad
PRIVATE INSTITUTES
(Please Check if Institute is affliated and accredited with UGC before applying)
1. Manipal Institute of Technology, Manipal
2. PSG Tech Coimbatore, Coimbatore
3. Dayananda Sagar College of Engineering, Bengaluru
4. Vellore Institute of Technology, Vellore
5. Birla Institute of Technology, Jharkhand
The average fee of B.Tech, in Information Technology ranges from INR. 30,000 - INR 800,000* per annum.
*These figures are estimated numbers and will vary from Institute to Institute.
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government Schemes offered by different departments, UGC/AICTE Schemes and State Schemes.*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class Xl.*
• Scholarships are also available in the Institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of financial Services, (Ministry of Finance), Ministry of Education, Government of India and Indian Banks Association (IBA).
• Some states have student credit cards with Iow interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans.
Where will you work?
Places of Work: Banks, Financial Institutions, etc.
Work Environment: It is a desk job. Local travel is part of the job role as you will be attending meetings. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organisation to organisation.
Opportunities for work exist for differently abled in this field
Rohit Mahajan is President, Risk Advisory, Deloitte India. He has over 21 years of experience in advising companies across jurisdictions in India and globally. He has done his Bachelor's in Accountancy from Delhi University. He has experience in multiple business practices including Risk Advisory, Financial Assurance, Anti-Bribery and Anti-Corruption Management.*
RISK MANAGER
NCS Code: 2412.0400 | BF029• You are a careful and organised person
• You can keep accurate records of expenses and income
• You are good at Maths
• You like to analyse problems/situations
1. Complete 10+2 in the Commerce or Science stream
2. Complete Bachelor's in any Engineering/ Com puter Science/lnformation Technology/Computer Application/Mathematic or related subject
OR
Complete Bachelor's degree and follow it up With a Master's in the same or allied field
Please check the duration of the course during enrolment
This course is offered by the Department of Information Technology.
This list of institutes is indicative only.
GOVERNMENT INSTITUTES
1. Delhi Technological University, New Delhi
2. Lalbhai Dalpatbhai College of Engineering, Ahmedabad
3. Indian Institute of Engineering Science and Technology, Kolkata
4. Government Polytechnic, Nashik
5. Government Polytechnic, Mumbai
6. Aligarh Muslim University, Aligarh
7. NIMS University, Jaipur
8. Government Polytechnic For Girls, Ahmedabad
PRIVATE INSTITUTES
(Please Check if Institute is affliated and accredited with UGC before applying)
1. Manipal Institute of Technology, Manipal
2. PSG Tech Coimbatore, Coimbatore
3. Dayananda Sagar College of Engineering, Bengaluru
4. Vellore Institute of Technology, Vellore
5. Birla Institute of Technology, Jharkhand
Information on Institute rankings is available at -https://www.nirfindia.org/Rankings/2023/Ranking.html
The average fee of B.Tech, in Information Technology ranges from INR. 30,000 - INR 800,000* per annum.
*These figures are estimated numbers and will vary from Institute to Institute.
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government Schemes offered by different departments, UGC/AICTE Schemes and State Schemes.*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class Xl.*
• Scholarships are also available in the Institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of financial Services, (Ministry of Finance), Ministry of Education, Government of India and Indian Banks Association (IBA).
• Some states have student credit cards with Iow interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans.
Places of Work: Banks, Financial Institutions, etc.
Work Environment: It is a desk job. Local travel is part of the job role as you will be attending meetings. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organisation to organisation.
Opportunities for work exist for differently abled in this field
Risk Management Trainee → Risk Management Analyst (Credit Card Portfolio) → Financial Manager
The approx. salary of a Risk Manager ranges between INR 45,833 -1,25,833* or more per month.
Source: https://in.talent.com/salary?job=risk+analyst
Experts from the field
Rohit Mahajan is President, Risk Advisory, Deloitte India. He has over 21 years of experience in advising companies across jurisdictions in India and globally. He has done his Bachelor's in Accountancy from Delhi University. He has experience in multiple business practices including Risk Advisory, Financial Assurance, Anti-Bribery and Anti-Corruption Management.*
Source: https://wnw2.deloitte.com/in/en/profiles/rmahajan.html
*The above information is for training purposes only and will not be used for any commercial gains
analyst, risk analyst, credit analyst