Lecturer, Department of Analytical and Applied Economics, Utkal University, Bhubaneswar, Odisha, India
*Corresponding author: Swayam Prava Mishra can be contacted at: swayampravamshr@gmail.com
JEL classification Codes: I23, G32
With the number of cases happening in several top Indian Universities in the form of student suicides, agitations, contempt of judiciary and so on, it is apparent that universities need to look into the possible lacuna's in themselves and also try to devise a proper risk management technique in order to maintain their statures as eminent places of higher education and harbinger of knowledge. This paper gives a practical approach to Enterprise risk Management for Universities.
Challenges in Universities, Risk management, ERM framework
