Diploma in Risk Management (Level 4)
Course Level Level 4
Awarding Body ABC AWARDS
Study Method Distance Learning
Course Duration 260 Recommended Study Hours
Entry Requirements No Entry Requirements
Start Date Ongoing
Pay in Full
Get £ 100.00 Discount when you pay in full.
Discounted Fee: £ 440
you can pay Oxford Home Study using payatrader
Pay in Instalments
£ 108 Deposit & 12 payments of £ 36 / Month
Total Fee: £ 540
you can pay Oxford Home Study using payatrader

Risk Management Certification Online.

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.  

  1. 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.

     

Payment Option

Paying in Instalments: £540(interest FREE Instalments)

Deposit: £108

No of Instalments: 12

Each Instalment: £36

Pay in Full: (£100 Discount) £440

Course Accreditation

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.

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