Level 7 Diploma in Risk Management
The objective of the OTHM Level 7 Diploma in Risk Management (120 Credits) is to provide learners with the skills and understanding of risk management that align with good strategic decision making to maintain organisations’ competitive advantage. The Diploma in RiskManagement programme provides an in-depth understanding of risk and its application in practice both for financial and non-financial organisations. Learners will learn both theoretical and practical understanding of risk including risk measurement and modelling.
Risk management is a fast-growing profession with large graduate employers increasingly offering opportunities to train and specialise in this function at graduate-entry level. This is especially true in the banking and capital market sectors, which are employing more people in their risk teams.
Risk managers are employed in the public sector, charities and in private organisations. Some small organisations carry out risk management duties in the finance or operations departments.
Employers of risk managers include:
- Banks and financial companies
- Central and local government
- Commercial businesses
- Energy and utilities companies
- Engineering and construction companies
- Insurance companies
- NHS trusts.
|Diploma – Level 7
|Mode of Study
Hybrid Learning (Blended)
|Assignment only (No Exam)
£ 6,250 (Hybrid or Blended)
After studying this course, you should be able to:
- Demonstrate knowledge of the range of financial and financial related risks facing organisations
- Understand the approach to risk management through risk identification, risk measurement and risk management (or mitigation)
- Understand reputational risk
- Understand operational risk and how to manage it.
Today more than ever, risk management is a vital discipline.
The roles below are just some of those which are concerned with this important issue
- Risk Surveyor
- Regulatory Risk Manager
- Risk and Governance Manager
- Exit Strategy Manager
Learners are required to complete 6 mandatory units to achieve the 120 credits required to gain the Level 7 Diploma in Risk Management
|Principles of Risk Management
|Strategic Risk Management
|Responsible Leadership and Governance
|Organisational and Environmental Risk
|Risk Analysis and Modelling
|Advanced Research Methods
* These modules are core and must be passed in order to achieve the award
Assessment is by completing assignments and meeting the criteria for each of the modules. These assignments are meant to demonstrate your achievement of learning objectives. All units within this qualification are internally assessed via exams and jobs, which the awarding organisation externally verifies.
The assignments submitted by learners must achieve the learning outcomes and meet the standards specified by the assessment criteria for the unit. Learners can make pass, merit or distinction grade depending on the quality of assignments and questions attempted. To achieve a merit or distinction grade, the learners must demonstrate that they have met all the criteria set for these grades.