|Course Level||Level 4|
|Awarding Body||ABC AWARDS|
|Study Method||Distance Learning|
|Course Duration||260 Recommended Study Hours|
|Entry Requirements||No Entry Requirements|
Risk represents a normal and inevitable reality for all businesses at all levels, regardless of industry sector or purpose. However, it is the way business risk is managed that will determine not just efficiency of operations, but how secure the brand remains long-term. To fully understand the relationship between risks and rewards from a business perspective is to possess a highly-prized and sought-after skills set. Likewise, to have the knowledge and expertise required to both manage and minimise risk at all levels is to be an invaluable asset to any contemporary brand or organisation.
This intensive risk management certification online, lays the rock-solid foundation upon which to build a high-profile career in largely any modern sector. The skills of the qualified risk management professional are universally valued and sought by brands and businesses worldwide, for which the precise and consistent management of risks can make the difference between success and failure. In an era of near-constant economic and political instability on a global basis, the role of the professional business risk manager has never been more relevant.
Throughout this 13-module risk management certificate online, candidates are guided through the modern business risk management discipline as it exists today, along with a deep exploration of the role/responsibilities of the professional risk manager. Course content covers a wide variety of business risk types, strategies for avoiding unnecessary risk and the ever-important relationship between risk and ooportunity.
This risk management online course, is delivered over 13 modules:
Module 1 - Overview of Risk Management
The first course module introduces candidates to contemporary risk management, incorporating an overview of the purpose and importance of business risk management and a look at its recent history/evolution. A variety of efficient risk management process activities are introduced, along with the benefits of risk management, risk classifications and important risk management tools.
Module 2 - Types of Risk
Risk types continue as the primary focus of Module 2, which guides candidates through numerous risk groups and classifications the modern business must take into account. Specific risk types introduced include liquidity risks, financial risks, market risks, operational risks, technological risks, economic risks and political risks.
Module 3 - What is Enterprise Risk Management?
An overview of enterprise risk management follows in Module 3, in which candidates investigate the advantages of professional ERM implementation and the role the risk manager plays in ERM. This is also the module in which the importance of taking risks when pursuing business growth and expansion is introduced and explored.
Module 4 - Risk Analysis
Course content in in the fourth module focuses on risk analysis – specifically the identification and consideration of current business risk factors. A variety of strategies for effectively identifying, classifying and ultimately addressing business risks are outlined.
Module 5 - Risk Identification
The following module investigates risk identification more intensively, guiding candidates through a number of effective risk identification strategies and the function/value of the risk register.
Module 6 - Risk Evaluation & Management
Business risk evaluation and management follow in Module 6, which explores and discusses the importance of timeliness in risk management, setting controls in place to deal with specific types of risks and a variety of effective risk response techniques/approaches.
Module 7 - Financial Risk Management
The analysis and management of financial risks in specific forms the core focus of Module 7. Along with the most important elements of the financial risk assessment process, candidates explore liquidity risk, recovery risk, counterparty risk, currency risk, foreign investment risk, environment risk and more.
Module 8 - Operational Risk Management
The value and purpose of operational risk management from the modern business perspective are explored in Module 8, incorporating an outline of effective operational risk strategy planning and implementation, an overview of key regulatory and statutory requirements and how the risk management professional contributes to all such efforts.
Module 9 - Technological Risk Management
A number of modern business technologies and their associated risks are introduced and discussed in this unit. Candidates explore the way in which I.T. systems and modern technology in general can be hugely advantageous, while at the same time posing very specific threats to the contemporary business.
Module 10 - Legal & Political Risk Management
Along with a comprehensive analysis of key business documents and contracts, Module 10 provides candidates with a broad overview of political and legal risk management from a contemporary corporate perspective.
Module 11 - Environmental Risk Management
The value and importance of professional environmental risk management is introduced and investigated in Module 11, incorporating an outline of the respective duties/responsibilities of the business risk manager. Internal and external risk factors are discussed in-depth.
Module 12 - Market & Social Risk Management
Course content in Module 12 explores market and social risk management – specifically focusing on the planning, development and implementation of workable risk management strategies. Interrelationships within markets are also brought into the discussion.
Module 13 - Developing a Risk Management Plan for your Business
Building on the teachings of the prior 12 modules, the final course module explores a variety of risk management plan development strategies of enormous value in any given business area. Additional subtopics covered include how to effectively test and analyse preventative measures, along with conducting effective legal reviews.
Paying in Instalments: £540(interest FREE Instalments)
No of Instalments: 12
Each Instalment: £36
Pay in Full: (£100 Discount) £440
At the end of this course successful learners will receive a Certificate of Achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).
The course has been endorsed under the ABC Awards’ Quality Licence Scheme. This means that OHSC has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 4 against level descriptors published by Ofqual, to indicate the depth of study and level of difficulty involved in successful completion by the learner.
The course itself has been designed by OHSC to meet specific learners’ or employers’ requirements. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process.
ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government. They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF). It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards also offers over 600 Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Q. How does Distance / Online Learning work?
All our courses offer the flexibility of learning. These are divided into units. After each course unit the student is required to complete and submit an assignment. Students work through each unit at your own pace. There are no deadlines for completing and submitting the assignments. Tutor marks the assignment and uploads the result on the portal. The student then moves on to the next unit and this way completes the course. All the submitted work is assessed by the awarding body at the moderation stage. Recognised Certificate is issued by the awarding body.
Q. When can I start the course?
You can start the course anytime. The enrolments are continued throughout the year.
Q. What is the enrolment process?
Enrolment process is very simple. After you have chosen the course you wish to take you can just fill in an online form and we will send you invoice for the course fee. On receipt of payment we will give you course access and your course tutor will contact you as well. You can even start right now by paying the course fee online.
Q. Can I take up the course if I am not in the UK?
Yes, you can. All our courses can be taken up and completed from anywhere around the world. If you are an international student you will enjoy the same support as any other student within the UK does.
Q. How long does it take to complete the course?
This entirely depends on you that how much time you dedicate to your studies and how fast you intend to complete the course. We have provided estimated study hours for each course on the course page. You can plan your study according to your own schedule.
Q. Will I get tutor support?
Yes. all our courses come will one to one tutor support. This support is available for duration of the course. Once you will enrol on the course you will be allocated an experience tutor who will guide you throughout the course. The tutor will mark your assignments and will provide you feedback on your submitted work. You can contact your tutor through email.
Q. Can I retake the assignment if I fail it once?
Yes, In that case your tutor will ask you to resubmit your assignment and will highlight the areas where you need improvement.
Q. Is there any deadline for submitting the assignments?
No, there are no deadlines for the submission of assignments. Students work at their own pace and plan their study according to their own schedule. However you will submit one assignment at a time so that the tutor can mark one and can give you feedback. Following which you can move on to your next unit and assignment.
Q. Do I need to sit an exam at the end?
All our courses are assignment based. Your submitted work is assessed throughout the course. There is no final exam at the end.
Q. Do I need to purchase any text books?
College provides comprehensive course materials containing all the relevant information you require to complete the course. All this is all included in the course fee. However we encourage our students to undertake additional study on the topics. For further help we have provided additional supporting material on the portal. There are also useful links relevant to the course you are studying.
Q. English is not my first language can I still complete the course?
All our courses have been specially written for home study keeping in mind that our students come from all parts of the world and English is not the first language for most of them. Our course materials are written in easy to understand English. If you have basic English skills you can easily complete the course.
Q. What are the entry requirements?
There are no specific entry requirements for most of our courses. All you need to have is the motivation and commitment for completing the course.