Diploma in Risk Management

Diploma in Risk Management – Level 7

Qualification Number:

603/6782/9

Salient Features

120 Program Credits

9 Months Duration

Online Format

Elevate your expertise in risk management with our specialized “Diploma in Risk Management – Level 7” online course, exclusively available on TopCourses.uk. This program is designed for experienced professionals and aspiring leaders who wish to excel in the field of risk management.

Course Modules:

1. Principles of Risk Management: Master the fundamental principles of risk management, laying a strong foundation for effective risk assessment and mitigation.

2. Strategic Risk Management: Explore strategies for identifying and managing strategic risks that impact organizational goals and objectives.

3. Responsible Leadership and Governance: Learn the importance of responsible leadership and governance in effectively managing risks and ensuring organizational sustainability.

4. Organisational and Environmental Risk: Analyze and mitigate risks stemming from both internal organizational factors and external environmental factors.

5. Risk Analysis and Modelling: Leverage advanced techniques for risk analysis and modeling, enabling data-driven decision-making and risk mitigation.

6. Advanced Research Methods: Enhance your research capabilities, empowering you to conduct comprehensive studies and contribute to the evolution of risk management.

This Level 7 Diploma in Risk Management equips you with the knowledge and skills needed to excel in identifying, assessing, and mitigating risks in complex and dynamic business environments. Enroll today to become a proficient risk manager and make a significant impact in your organization’s risk management strategy.

IMPORTANT INFO

Postgraduate Course

This course help you to progress to:

MBA Degree at UK University, or
Master’s Degree at UK University, or
Level 8 Qualification
Level 8 Diploma in Strategic Management, or
Directly into employment in an associated profession

This qualification is Accredited by OfQual (Office of the Qualifications and Examinations Regulation), which is a UK Government body.

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Program Overview:

Key Highlights of this qualification are:

Program Duration: 9 Months (Fast track mode available)
Program Credits: 120
Designed for working Professionals
Format: Online
No Written Exam. The Assessment is done via Submission of Assignment
Tutor Assist available

Dedicated Student Success Manager
Timely Doubt Resolution
Regular Networking Events with Industry Professionals
Become eligible to gain direct entry into relevant Master’s degree programme.
LSBR Alumni Status

Top Skills You Will Learn

This Level 7 Diploma in Risk Management will help you to develop your skills and understanding in risk management that align with good strategic decision making to maintain organisations’ competitive advantage. You will also learn both theoretical and practical understanding of risk including risk measurement and modelling

Who is this Program For?

Working Professionals, Level 6 / Year 3 of a three-year UK Bachelor’s degree holders or learners who are looking for Career Progression and a formal Postgraduate qualification leading to award of degrees in future.

Opportunities

Upon successful completion of Level 7 Diploma in Risk Management programme, you will also become eligible to gain direct entry into relevant Master’s or MBA degree Top-up programmes, or directly into employment at a middle management level

Minimum Eligibility

For entry onto the Level 7 Diploma in Risk Management qualification, learners must possess an honours degree in related subject or UK level 6 diploma or an equivalent overseas qualification. Learner must be 18 years or older at the beginning of the course. No formal qualification is required from mature learners (over 21 years) who have relevant management experience. Please speak to the Admission Counsellors for waiver information.

Career Progression after completing Level 7 Diploma in Risk Management

Become eligible to gain direct entry into relevant Master’s degree programme after completion of your course.

Completion of this qualification will meet the University standard academic entry requirements. However, each applicant will be subject to individual assessment and other entry requirements which may affect university entry.

MBA Top-up / MSc Top-up qualifications
- MSc in Risk Management Top-up with University of Chichester, UK
- MBA Top-up with Buckinghamshire New University, UK
- MBA Top-up with University of Chichester, UK
- MBA Top-up with Anglia Ruskin University, UK
- MBA Executive with University of Northampton, UK
- MBA Top-up with University of Sunderland, UK
- MBA Top-up with Concordia University, Chicago, USA
- MBA Top-up with Arden University, UK
- MSc in Strategic Marketing Top-up with University of Chichester, UK
Doctorate Qualification – Level 8 Diploma in Strategic Management and Leadership, or
Directly into employment in an associated profession

As our OTHM accredited qualifications are approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation) and Qualifications Wales, learners are also eligible to progress to a Top-Up Degree, Master’s programme, or MBA at many universities in UK and Overseas with advanced standing.

Progress to a Higher Doctorate Qualification

In addition to Progression to the Universities, you also have an option to progress to Doctorate Level 8 Qualifications in the UK or overseas after completing your Level 7 Diploma in Risk Management

Benefits of studying “Diploma in Risk Management – Level 7”

Advanced Knowledge:

This diploma program provides comprehensive and advanced knowledge in risk management, covering key concepts, methodologies, and best practices.

Career Advancement:

Completion of the Level 7 diploma in risk management enhances career prospects by qualifying individuals for senior roles in risk management across various industries.

Practical Skills:

Students gain practical skills in identifying, assessing, and mitigating risks, preparing them to tackle real-world risk management challenges effectively.

Career Opportunities after completing “Diploma in Risk Management – Level 7”

Career Paths and Salary Range:

Risk Manager: £60,000 to £120,000 per annum
Chief Risk Officer: £80,000 to £200,000 per annum
Risk Analyst: £40,000 to £80,000 per annum
Compliance Manager: £50,000 to £100,000 per annum

Salary Growth Over 10 Years:

Salaries in risk management have experienced significant growth over the past decade, with an average annual increase of 4-6% adjusted for inflation. (Source: Industry Reports, Payscale)

Ideal Candidates for “Diploma in Risk Management – Level 7”

Target Audience:

Experienced risk management professionals seeking career advancement: 40%
Mid-level professionals looking to transition into risk management roles: 30%
Recent graduates with a strong interest in risk management: 20%
Professionals from finance, insurance, and consulting sectors aiming to specialize in risk management: 10%

Source of Information:

The salary ranges and percentages are based on industry reports, data from salary surveys such as Payscale, insights from risk management professionals, and trends observed in the job market. Additionally, input from industry experts and career advisors contributes to the accuracy of the information provided.

Sample Award Certificate

Curriculum

Syllabus

Diploma in Risk Management – Level 7 The objective of the Level 7 Diploma in Risk Management (accredited by Othm) is to provide learners with the skills and understanding in risk management that align with good strategic decision making to maintain organisations’ competitive advantage. This Diploma in Risk Management at Level 7 programme provides an in-depth understanding of risk and their application in practice both for financial and non-financial organisations. You will learn both theoretical and practical understanding of risk including risk measurement and modelling. This qualification enables learners to progress into or within employment and/or to work toward a relevant Master’s programme or an MBA Degree with advanced standing. The learner can also choose to enrol into an MSc in Risk Management (Top-up) qualification upon completion of this Level 7 Diploma in Risk Management, or can enrol directly into the full MSc in Risk Management – 10 months qualification.

Stage 1: Mandatory units0/6

(Total Credits: 120)

The OTHM Level 7 Diploma in Risk Management qualification consists of 6 mandatory units for a combined total of 120 credits

Principles of Risk Management (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Strategic Risk Management (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Responsible Leadership and Governance (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Organisational and Environmental Risk (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Risk Analysis and Modelling (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Advanced Research Methods (20 credits) – L7-OT-DipRISKMGMT

4 weeks

Frequently Asked Questions

What is the Entry Requirement?

For entry onto the Level 7 Diploma in Risk Management qualification, learners must possess:

An honours degree in related subject or UK level 6 Diplomas or an equivalent overseas qualification, or
Mature learners (over 21) with Management Experience (learners must check with Admission Counsellors at LSBR regarding this experience prior to registering for the programme)
Learner must be 18 years or older at the beginning of the course

The qualification is offered in English.

What are the Course Modules?

The Level 7 Diploma in Risk Management qualification consists of 6 mandatory units for a combined total of 120 credits:

Mandatory units:

Principles of Risk Management (20 credits)
Strategic Risk Management (20 credits)
Responsible Leadership and Governance (20 credits)
Organizational and Environmental Risk (20 credits)
Risk Analysis and Modelling (20 credits)
Advanced Research Methods (20 credits)

Workshops and Webinars

There would be Live Webinars which would be spread across the duration of the course.

If for any reason you are not able to attend the live sessions, you will have the option to go through the Recordings at a later date as per your convenience.

What is Level 7 qualification Equivalent to?

This Diploma in Risk Management qualifications at RQF Level 7 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to:

Master’s Degrees,
Integrated Master’s Degrees,
Postgraduate Diplomas,
Postgraduate Certificate in Education (PGCE) and
Postgraduate Certificates

Is the Course Accredited?

The Level 7 Diploma in Risk Management is accredited by OTHM, UK – an Awarding body by the UK Government’s regulator – OfQual (Office of the Qualifications and Examinations Regulation)

University Progression

The Level 7 Diploma in Risk Management qualification enables learners to progress into or within employment and/or continue their further study. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to progress to master’s top-up programmes at many universities in the UK and overseas with advanced standing

Can the course fee be paid in Monthly Instalments?