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Category: AI Governance & Investment
AI & Algorithmic Systems: Core Concepts and Risks
Learn how these systems work, what makes their risks distinctive, and how to identify and address those risks within your organisation.
- 4 CPD Units
- 4 Hours
- All Levels
How is AI reshaping governance, risk and compliance? This course provides a clear, practical introduction to the concepts behind AI and algorithmic systems. You will learn how these systems work, what makes their risks distinctive, and how to identify and address those risks within your organisation. Accessible explanations and a real-world case study will help you evaluate, oversee and communicate AI-related risks with confidence.
Learning Objectives
By the end of this module, you will be able to:
• Explain how AI systems function and where they appear in organisational processes.
• Distinguish between rule-based automation and learning-based AI systems, and understand why this distinction matters.
• Identify and describe risk-relevant technical concepts, including probabilistic outputs, model drift, and error trade-offs.
• Recognise the unique governance, risk, and compliance (GRC) challenges introduced by AI systems.
• Apply foundational AI concepts to practical governance scenarios through case study analysis.
• Communicate AI-related risks effectively to non-technical stakeholders.
Modules
1. Introduction: Why AI Matters for Governance, Risk, and Compliance
2. What AI and Algorithmic Systems Are
3. Risk-Relevant Technical Concepts
4. AI Introduces Unique GRC Challenges
5. Case Study: AI-Powered Expense Fraud Detection
Training Duration
This course may take up to 4 hours to be completed. However, actual study time differs as each learner uses their own training pace.
Target Audience
This course is ideal for professionals involved in governance, risk, compliance, and management who wish to develop a practical understanding of AI, algorithmic systems, and their governance and risk implications.
Training Method
The course is offered fully online using a self-paced approach. The learning units consist of text, multimedia content and case studies. Learners may start, stop and resume their training at any time.
At the end of the course, participants take a quiz to assess their understanding and complete their training. Upon successful completion, participants receive a Certificate of Completion.
Registration and Access
To register to this course, click on the ”Add To Cart” button to pay online and receive your access instantly. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalising your payment.
Access to the course is valid for 180 days.
If you wish to receive an invoice instead of paying online, please Contact us here. Talk to us for our special Corporate Group rates.
This programme has been developed by the European Institute of Management & finance (EIMF), a leading and recognised training institution.
The syllabus is verified by external subject matter experts and may be accredited by financial regulators, and general financial training accreditation bodies, such as CISI, ICA, ACAMS, and CySEC for 4 CPD Units.
Eligibility criteria and CPD Units are verified directly by your association or other bodies in which you hold membership.
What People Say About EIMF
EIMF offered tools, knowledge, and practical experience…no books can accomplish this!
EIMF is a great training provider, pursuing and excelling in the investment services industry
I now see that my behaviour was affecting the actions and dedication of my team…thank you for making me see things that I never thought about before!! Course was amazing!
For us it’s vital to invest in the professional development for our staff. EIMF makes sure our investment is effective, and our people are able to realise their full potential.
High-quality content and very enjoyable learning experience. At EIMF courses are delivered in a very informative and engaging way and are beneficial for anyone who works within the financial services, accounting and compliance sectors.
We know our most valuable advantage is our people! Our success as an organisation is dependent on fully realising the potential of our people. Working with EIMF means we are able to achieve that in the most efficient and effective way.
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