Risk management process and approaches for COVID-19 by Indian Educational Institutions

Main Article Content

Ashraf Imam
صندلی اداری


The novel and ongoing coronavirus (COVID-19) epidemic in India has had a phenomenal effect on India’s financial, educational system and community development. It effects the overall education system in India but the Indian educational institutions have made substantial contributions and taking proper steps to minimize the effects of this virus. Its only made possible by the contributions have been made primarily by medical and emergency management, counselling for mental health, control on people’s movement and innovation in Emergency remote teaching (ERT). In what manner to tackle these risks and emergency problems, this paper reviewed and presented all the situations, highlighted the risk management process and plan of Indian educational institutions from university to school level institutions and proposes some approaches for the solutions of community dissemination.

JEL Classification: G32, C73


Download data is not yet available.

Article Details

Author Biography

Ashraf Imam, Faculty of Business Studies, Arab Open University

Assistant Professor & Quality Incharge- College of Business Administration, University of Dammam, Saudi Arabia.


Abdullah, N. A. M., Zakuan, N., Khayon, M., Ariff, M. S. M., Bazin, N. E. N., & Saman, M. Z. M. (2012). Adoption of enterprise risk management practices in organization: A Review. Int. J Busi. Inf. Tech., 2(1)

Halim, K. A. (2007). Developing a formal and integrated risk management framework in the higher education sector: A case study on the University of Nottingham (Doctoral dissertation, University of Nottingham).

Beasley, M. S., Clune, R., & Hermanson, D. R. (2005). Enterprise risk management: An empirical analysis of factors associated with the extent of implementation. Journal of accounting and public policy, 24(6), 521-531.

Chaturvedi, A. (2020, April 4). Hotels open doors in fight against Coronavirus. The Economic Times. https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotels-open-doors-in-fight-against-virus/articleshow/74974062.cms?from=mdr

Choudhry, R. M., & Iqbal, K. (2013). Identification of risk management system in construction industry in Pakistan. Journal of Management in Engineering, 29(1), 42-49.

Colvin, J. W., & Ashman, M. (2010). Roles, risks, and benefits of peer mentoring relationships in higher education. Mentoring & Tutoring: Partnership in Learning, 18(2), 121-134.

Deloitte. (2018). Significant risks facing higher education Taking an enterprise approach to risk management. Retrieved May 20, 2020, from https://www.deloitte.com/content/dam/Deloitte/us/Documents/public-sector/us-top-risks-higher-education.pdf

Eells, G. T., & Rockland-Miller, H. S. (2010). Assessing and responding to disturbed and disturbing students: Understanding the role of administrative teams in institutions of higher education. Journal of College Student Psychotherapy, 25(1), 8-23.

Fraser, J. R., & Simkins, B. J. (2016). The challenges of and solutions for implementing enterprise risk management. Business horizons, 59(6), 689-698.

Gupta, P. K. (2011). Risk management in Indian companies: EWRM concerns and issues. The Journal of Risk Finance.

Gutiérrez, P. (2020). Coronavirus world map: which countries have the most Covid-19 cases and deaths? Retrieved May 29, 2020, from https://www.theguardian.com/world/2020/may/28/coronavirus-world-map-which-countries-have-the-most-covid-19-cases-and-deaths

Harvard Business Review (HBR). (2014). Managing Risks: A New Framework. Retrieved March 12, 2020, from https://hbr.org/2012/06/managing-risks-a-new-framework

Helsloot, I., & Jong, W. (2006). Risk management in higher education and research in the Netherlands. Journal of Contingencies and Crisis Management, 14(3), 142-159.

Hopkin, P. (2018). Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.

Inside Higher Ed (IHE). (2020). Most teaching is going remote. Will that help or hurt online learning? Retrieved April 20, 2020, from https://www.insidehighered.com/digital-learning/article/2020/03/18/most-teaching-going-remote-will-help-or-hurt-online-learning

Institute of Risk Management (IRM). (2012). Risk culture: Resources for Practitioners. Retrieved April 24, 2020, from https://www.treasurers.org/ACTmedia/IRM_riskculture_full_Oct12.pdf

Jabbour, M. (2011). The Impact of Enterprise Risk Management on Capital Allocation in Insurance Companies by Mirna Jabbour : SSRN. Retrieved May 16, 2020, from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1910283

Kinman, G., & Court, S. (2010). Psychosocial hazards in UK universities: Adopting a risk assessment approach. Higher Education Quarterly, 64(4), 413-428.

Liu, S. L., & Saif, L. (2020). Emerging viruses without borders: The Wuhan coronavirus. Viruses 2020, 12, 130.

Manab, N., Othman, S., & Kassim, I. (2012). Enterprise-wide risk management best practices: The critical success factors. OIDA International Journal of Sustainable Development, 4(03), 87-96.

Müller, L. M., & Goldenberg, G. (2020). Education in times of crisis: The potential implications of school closures for teachers and students.

Mustapha, M., & Adnan, A. (2015). A case study of Enterprise Risk Management implementation in Malaysian construction companies. International Journal of Economics and Financial Issues, 5(1S).

Nocco, B. W., & Stulz, R. M. (2006). Enterprise risk management: Theory and practice. Journal of applied corporate finance, 18(4), 8-20.

Tixteco, L. P., Tixteco, M. C. P., Pérez, G. S., Medina, L. K. T., Gómez, J. J. V., & Tellez, A. C. (2017). Recommendations for Risk Analysis in Higher Education Institutions. Retrieved May 13, 2020, from https://www.thinkmind.org/download.php?articleid=securware_2017_7_30_30093

Raanan, Y. (2008). Risk Management in Higher Education: Do We Need it? Risk Management in Higher Education, 1000-1007.

Ruzic-Dimitrijevic, L., & Dakic, J. (2014). The risk management in higher education institutions. Online Journal of Applied Knowledge Management, 2(1), 137-152.

Safetrac. (2019). Managing risks to reputation in educational institutions. Retrieved May 19, 2020, from https://www.safetrac.com.au/managing-risks-to-reputation-in-educational-institutions/

Shafiq, A., & Nasr, M. (2010). Risk management practices followed by the commercial banks in Pakistan. International Review of Business Research Papers, 6(2), 308-325.

Shewey, J. (2019). The Top 10 Risks Facing Educational Institutions. Retrieved April 30, 2020, from https://www.rcmd.com/resources/blog/top-10-risks-facing-educational-institutions

Toma, S. V., Alexa, I. V., & Şarpe, D. A. (2014). Identifying the risk in higher education institutions. Procedia Economics and Finance, 15, 342-349.

UNESCO. (2020). Global Education Coalition. Retrieved June 2, 2020, from https://en.unesco.org/covid19/educationresponse/globalcoalition

UNESCO. (2020). Affected Learners from India, retrieved from https://en.unesco.org/covid19/educationresponse on 25 May, 2020.

Unnithan, G. P. S. (2020). Kerala reports first confirmed coronavirus case in India. Retrieved May 11, 2020, from https://www.indiatoday.in/india/story/kerala-reports-first-confirmed-novel-coronavirus-case-in-india-1641593-2020-01-30

Vergnaud, S. (2020). What Does COVID-19 Stand For? Retrieved April 12, 2020, from https://www.goodrx.com/blog/what-does-covid-19-mean-who-named-it/

Wang, C., Cheng, Z, Yue, X. G., & McAleer, M. (2020). Risk management of COVID-19 by universities in China.

Wikipedia contributors. (2020). Impact of the COVID-19 pandemic on education - Wikipedia. Retrieved June 1, 2020, from https://en.wikipedia.org/wiki/Impact_of_the_COVID-19_pandemic_on_education

World Health Organization (WHO). (2020a). Coronavirus. Retrieved May 10, 2020, from https://www.who.int/health-topics/coronavirus#tab=tab_1

World Health Organization (WHO). (2020). Novel Coronavirus (2019-nCoV) Situation Report. Retrieved May 10, 2020, from https://www.who.int/docs/default-source/coronaviruse/situation-reports/20200121-sitrep-1-2019-ncov.pdf?sfvrsn=20a99c10_4

World Health Organization (WHO). (n.d.). Naming the coronavirus disease (COVID-19) and the virus that causes it. Retrieved May 10, 2020, from https://www.who.int/emergencies/diseases/novel-coronavirus-2019/technical-guidance/naming-the-coronavirus-disease-(covid-2019)-and-the-virus-that-causes-it

Yaraghi, N., & Langhe, R. G. (2011). Critical success factors for risk management systems. Journal of Risk Research, 14(5), 551-581.

Yue, X. G., Shao, X. F., Li, R. Y. M., Crabbe, M. J. C., Mi, L., Hu, S., & Liang, G. (2020). Risk management analysis for novel Coronavirus in Wuhan, China.

فروشگاه اینترنتی