Ph.D. in Enterprise Risk Management

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.

In today’s rapidly changing world—marked by climate uncertainty, technological transformation, shifting regulations, and global interconnections—effective risk management has become essential to ensuring long-term stability and success.

The program offers access to advanced research facilities designed to evolve with emerging technologies and methodologies. With a focus on real-world risk challenges—from financial systems to sustainability and governance—it provides scholars with the tools and environment needed to generate meaningful insights and drive impactful change in the field of risk management.

The duration of the course is 3 to 4 years, and the part–time can go up to 6 years.

Differentiators

  • 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.

Specializations: Doctoral candidates are encouraged to align their research proposals with one or more IRM taxonomy domains or IRM capability dimensions. Indicative areas include:

How risk categories evolve across industries—digital ecosystems, climate risk, or AI ethics.

Exploring risk appetite, governance models, and maturity frameworks using IRM standards.

Examining how enterprises link strategic intent with risk execution and control.

Studying cascading failures, resilience networks, and dynamic risk interdependencies.

Investigating how leadership, communication, and culture influence risk decision-making.

Developing predictive metrics, AI tools, and digital risk dashboards for integrated risk management.

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 )

  • A 1000-2000 word research proposal demonstrating alignment with IRM taxonomy or Integrated Risk Management frameworks.

  • Two academic references and statement of purpose outlining your research interest and professional goals.

Important Dates

Last Date for submission of applications 25th Nov, 2025
Shortlisting of candidates for interview 28th Nov, 2025
Ph.D. Entrance Test / Interview 5th  Dec, 2025
Announcement of Results 15th Dec, 2025
Commencement of the Spring 2026 Semester Teaching 15th Jan,2026
How to Apply/Application Process

  • Prepare your documents – transcripts, research proposal, and references.

  • Submit your application.

  • Shortlisted candidates will be invited for an interview (on-campus).

Institutional Partners

  • The Institute of Risk Management (IRM – India Affiliate)

  • National/Regional Risk Management Councils

  • Partner Industries/Research Centres