The purpose of the course is to provide students with foundational knowledge and skills in the area of corporate governance and risk management within the private and public sectors. It covers the various legislation and policies that exist to guide good corporate governance practices, the obligations and duties of corporate leaders and managers in respect of compliance with such legislation and policies and the civil and criminal liability that may arise with non-compliance and poor corporate governance practices.
Literacy at NQF Level 4 or equivalent is recommended.
Upon successful completion of the study programme and internal assessments, candidates will be awarded the Short Course Certificate in Introduction to Corporate Governance and Risk Management by Milpark Business School.
Exit Level Outcomes
On completion of this course, the qualifying candidate will be able to:
Explain the need for governance and control in relation to business;
Describe how governance and control measures are enforced;
Explain how liabilities are linked to corporate governance;
Describe the risks associated with non-compliance or non-activity;
Explain the relationship between fiduciary responsibility and personal liability;
Explain how liabilities could arise within the organisation;
Investigate evidence of compliance or non-compliance in an organisation;
Identify the policies and procedures related to a business process;
Describe the legislation that impacts on the business within an industry;
Analyse and quantify consequences of fiduciary risk in a specific situation;
Propose a solution to manage fiduciary risk in a specific situation;
Describe a specific sector in relation to provincial and national government with regard to the leader’s role;
Analyse the legislative framework impacting on a specific sector;
Apply creative problem-solving techniques to resolve sector policy issues;
Differentiate between the roles of the leader and the official in policy development and implementation.
The course content comprises thirteen chapters which can be clustered into four major themes as follows:
Fiduciary responsibilities and associated risks
Governance and control in business systems operations
Civil and criminal liabilities in business law
Sector-specific legislation and policies
An integrated approach to assessment is applied. This includes individual and group formative assessments as well as an individual summative assessment. The practical nature of the course is emphasised in all assessments.
48 Hours / 12 Weeks
This short course is offered on a part-time basis. Lectures are scheduled on Saturdays from 8:30 to 12:30 per session. Final results of assessments will be released within 4 weeks of completion of the course. Students may be given a second and final opportunity to retake assessments in which they were initially unsuccessful.
Students who have completed this short course certificate may articulate onto a more advanced course in Corporate Governance and Risk Management or other appropriate courses at Milpark Business School. Depending on the student’s academic background, other Milpark Business School whole qualifications may also become accessible to the student.