Ph.D. in Enterprise Risk Management
A doctoral research programme that prepares scholars to advance understanding of how organisations identify, evaluate and respond to risk in a complex, interconnected world.
Programme overview
The Ph.D. in enterprise risk management program equips researchers to deepen and redefine the ways organizations understand, evaluate, and navigate uncertainty, drawing on the Institute of Risk Management (IRM – India Affiliate) taxonomy and integrated risk management frameworks. The programme offers access to advanced research facilities designed to evolve with emerging technologies and methodologies. With a focus on real-world risk challenges, it provides scholars with the tools and environment needed to generate meaningful insights and drive impactful change in the field of risk management.
Grounded in global frameworks
Structured around IRM’s globally recognised taxonomy of risk, encompassing financial, technological, geopolitical, environmental, and social dimensions.
Integrated systems
Based on the IRM model that unifies risk strategy, governance, capacity, and culture.
Research with impact
Join a programme that bridges theory, policy, and practice, shaping risk resilience across sectors.
Expert mentorship
Learn from internationally accredited IRM – India Affiliate professionals and experienced risk scholars.
Industry collaboration
Engage with corporate, public, and non-profit partners through real-world research projects.
Programme details
Specialisations
Doctoral candidates are encouraged to align their research proposals with one or more IRM taxonomy domains or IRM capability dimensions. Indicative areas include:
- Risk taxonomy & classification: How risk categories evolve across industries like digital ecosystems, climate risk, or AI ethics.
- Risk capacity, maturity & governance: Exploring risk appetite, governance models, and maturity frameworks using IRM standards.
- Strategic-operational risk integration: Examining how enterprises link strategic intent with risk execution and control.
- Systemic & emerging risks: Studying cascading failures, resilience networks, and dynamic risk interdependencies.
- Risk culture & behaviour: Investigating how leadership, communication, and culture influence risk decision-making.
- Risk metrics & technology: Developing predictive metrics, AI tools, and digital risk dashboards for integrated risk management.
Differentiators
- Grounded in global frameworks: Structured around the IRM’s globally recognised taxonomy of risk, covering financial, technological, geopolitical, environmental and social dimensions.
- Integrated systems approach: Based on the IRM model that brings together risk strategy, governance, organisational capacity and risk culture.
- Research with real-world impact: Encourages research that connects theory, policy and practice to strengthen risk resilience across sectors.
- Expert mentorship: Guidance from internationally accredited IRM – India Affiliate professionals and experienced risk scholars.
- Industry collaboration: Opportunities to engage with corporate, public and non-profit organisations through real-world research projects.
Supervision & research support
- Each candidate is matched with a primary supervisor and co-supervisor aligned with their research domain.
- Access to IRM India Affiliate certified faculty, guest lectures, and practitioner roundtables.
- Methodology training in quantitative, qualitative, and mixed methods for advanced risk research.
- Support for publication, conference presentations, and industry dissemination.
Eligibility criteria
- A master’s degree (or equivalent) in risk management, business, finance, policy, engineering, or related fields.
- Entrance test followed by Interview (For Shortlisted Applicants)
- Two academic references and statement of purpose outlining your research interest and professional goals.
- A 1000-2000 word research proposal demonstrating alignment with IRM taxonomy or integrated risk management frameworks.
Application process
- Prepare your documents lie transcripts, research proposal, and references.
- Submit your application.
- Shortlisted candidates will be invited for an interview (on-campus).
Link: MU test syllabus
Important dates
Last date for submission of applications: 10th Dec, 2025
Shortlisting of candidates for interview:15th Dec, 2025
Ph.D. entrance test / interview: 20th Dec, 2025
Announcement of results: 30th Dec, 2025
Commencement of the spring 2026 semester teaching: 15th Jan,2026
Institution partners
The Institute of Risk Management (IRM – India Affiliate)
National/regional risk management councils
Partner industries/research centres
FAQs
Yes. The University may offer part-time doctoral pathways subject to eligibility and regulatory norms.
Applicants should outline a clearly defined research problem, proposed methodology and expected scholarly contribution.
While not mandatory in all cases, professional experience in risk-related domains can strengthen an application.
Yes. Enterprise risk management inherently spans multiple disciplines, and collaborative research is encouraged.
Financial support options, where applicable, are governed by University policy and announced through official channels.
