MSc in Risk Management
Level 7 Diploma in Risk Management: 6 – 8 Months
MSc in Risk Management (TopUp) : 3 – 6 Months
The objective of the MSc in Risk Management 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 MSc in Risk Management 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.
Note: The Master’s degree courses are dual qualifications consisting of Level 7 Diploma (OFQUAL certificate) + Top-up programme awarded by partner universities
Why should I choose this Diploma?
- Critically evaluate five basic methods for risk management
- Compare and contrast the influences of legislation, legal factors and regulatory bodies on health and safety in an organisation of your choice
- Assess the focal points of ISO standard ‘harmonisation’ programmes
- Evaluate the tools which can be used to review organisational strategy and risk plans
- Review the position of an organisation in its current market using appropriate tools
- Assess contemporary issues that contribute to CSR risk management systems
- Critically analyse the importance of conducting a business impact analysis (BIA).
- Explain how leadership and management styles should change to meet the needs of different risk situations found in organisations
- Critically evaluate the role of a board in corporate governance issues and different approaches taken.
- Evaluate a range of risk financing options available for an organisation.
- Prepare a risk management plan by an environmental screening to help mitigate potential risks
- Assess the Standardised approach for credit risk as per Basel III recommendations
- Analyse Knightian uncertainty, Ellsberg paradox, Black swan events.
- Explain and apply the mathematical models of VaR, CVaR and EVaR
- Access All course materials, including online modules and written assignments
- Gain Teacher support
- Access Alex Business School online portal (24/7 access to our user-friendly learning portal)
- Acquire Assignments briefing
- Receive Excellent quality of study notes
- Obtain Assignment marking and feedback
- Gain Fully accredited UK courses
- Receive Dedicated customer support via chat, telephone, and email (Monday to Friday)
- Gain Full support until the completion of the course
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
|Course Name||MSc in Risk Management|
|Mode of Study||Online Learning|
Hybrid Learning (Blended)
|Assessments||Assignment only (No Exam)|
£6,250 (Hybrid or Blended)(The course tuition fee listed above does NOT include the top-up fees)
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
Achieving the OTHM Level 7 Diploma in Risk Management qualification enables learners to progress into or within employment and/or continue their further studies. As this qualification is approved and regulated by Ofqual, learners are eligible to progress to a Master’s top-up programme at many optional universities in the UK and overseas with advanced standing The top-up programme can be studied online or on campus.
Accreditation The Diploma in Risk Management programme is accredited by OTHM, an Ofqual regulated awarding body.
For entry onto the Level 7 Diploma in Risk Management leading to the MSc Risk Management qualification, learners must possess:
- An honours degree in related subject or UK level 6 diploma or equivalent overseas qualification i.e., Bachelor’s Degree or Higher National Diploma OR
- Mature learners (over 25) with at least 5 years of management experience if they do not possess the above. Please get in touch with us to discuss the specific requirements for your country. If you do not meet the entry requirements as mentioned above, please contact us to find out other possible entry routes.
MSc in Risk Management degree is of 180 credits which can be acquired through two stages.
Level 7 Diploma in Risk Management is made up of the following modules and, upon completion, is equal to a total of 120 credits.
|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
Stage 2 MSc in Risk Management (TopUp)
Examples of University Progression
|UNIVERSITY OF CHICHESTER DISTANCE LEARNING TOP -UP PROGRAM|
|MSc in Risk Management (top-up)|
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.