Level 3 Diploma in Risk Management

Course Synopsis
This Quality Assured Level 3 Diploma in Risk Management can prepare the student for taking up a new risk management role. It is also ideal for those who would like to develop and hone their skills within an existing risk management role.

The course examines changes in risk management practice against the context of the changes in UK, EU, US and global economy, and will be of particular interest to those needing to practice risk management skills on a day-to-day basis.

It provides detailed learning on a range of relevant risk management topics, combining theoretical background with the practical tools, risk management techniques and risk communication formats needed for everyday risk managers.

The course consists of ten modules and an online examination at the end of the course.

Course Content


Module One - What is Risk Management?
This module will introduce the student to modern concepts of risk management (RM) skills, and how these can change and develop within a business management context. It examines the way RM evolves, and the risk manager's role in this process. The module concludes a range of guidelines in practical risk issues, looking at effective RM.

Module Two - The individual as a Risk Manager
This module focuses on some essential core skills for a risk manager, with tips and techniques for successful risk management risk goal-setting, risk problem-solving, effective risk resolution meetings, risk interviewing and giving or receiving risk related feedback. Relevant tools are explored, including risk landscape analysis.

Module Three - Risk Structure and Environment
This module includes an assessment of different features and types of risk organisation structure and the various environments within which risk organisations operate. This module assesses recent trends and the move towards the use of risk integration, and also looks at how to analyse their effects to anticipate a risk organisation future evolution.

Module Four - Managing Risk Processes
This module considers the internal features of a risk organisation, including planning and strategy, risk costs and budgets and the benefits of understanding the risk processes of a business. Practical advice is provided on facilitation of workshops, in the context of risk process improvement.

Module Five - Managing Risk Projects
The module asks 'What is a risk project', providing a step-by-step breakdown of the key phases for managing risk projects successfully. It provides advice on financing risk projects, and on quality risk assessment. The module provides guidance on risk project team roles and effective brainstorming for problem-solving.

Module Six- Managing Risk Diversity
This module embraces the increasingly diverse UK, EU, US and global risk mandates and the business case for managing by diversity-unification principles. Key risk issues and legislation issues will be examined, including common challenges and potential conflicts, diverse risk themes of international regulatory styles etc.

Module Seven - Risk and Change
Risk and change may be regarded as a 'chicken and egg principle' - which comes first? Accordingly this module includes a review of risk-caused/affecting organisational changes, managing the risk-change process, dealing with individual resistance and cultural issues, the use of coaching, mentoring and facilitation development.

Module Eight - Quality and Risk
If you cannot size it, you cannot measure it, and if you cannot measure it, you cannot improve it - this is a quality and risk axiom. The use of risk goals, related risk performance indicators, service level agreements and benchmarking will be considered, along with a review of quality-risk management improvement.

Module Nine - Audit and Risk
If you cannot audit it, you cannot measure it, and if you cannot measure it, you cannot improve it - this is an audit and risk axiom. The use of audit objectives, related risk-audit performance indicators, service level agreements and benchmarking will be considered, along with a review of audit-risk management improvement.

Module Ten - Ethics and Risk
This module examines recent trends in business ethics, corporate governance, environmental issues and social responsibility. Practical advice is provided with tips and guidance on making ethics and risk presentations. Finally, the student is taken through a course review to reflect on their learning and also to help them to set career goals for their next steps.

Mandatory Text Book:

Entry Requirements
All students must per 16 years of age and above.

These require a minimum prior learning to GCSE standard in order to for students to manage study and the assumed knowledge within course content.

Study Hours
Approximately 20 hours per unit

Assessment Method

Final online multiple choice examination.

Please note that you can enrol on this course at anytime.

Award
Level 3 Diploma in Risk Management

This course is Quality Assured by OLQA

Additional Information
You will receive a certificate from the College. Fees for both are included in the course fee.

The course can be enrolled upon by students Internationally. There are no deadlines for enrolments.

To view the differences between our qualifications, please click HERE

What's Included
All study materials to enable the student to successfully complete the Diploma. Support is provided by the tutor department. Certification upon completion. All examination fees.

Course Fee
£465.00

Payment by Instalments
Students are able to pay course fees in monthly instalments. Click here to download our instalment plan.

Further Information
These require a minimum prior learning to GCSE standard in order to for students to manage study and the assumed knowledge within course content.

They provide an ability to gain and apply a range of knowledge, skills and understanding in a specific subject at a detailed level. Level 3 qualifications such as A levels, NVQ3, BTEC Diplomas etc. are appropriate if you plan to progress to university study.

Level 3 courses which are not examination board accredited can assist you in career development, continued professional development, personal development, and provision of a basis for further study.

Progression from level 3 is to specialist learning and detailed analysis of a higher level of information (for example university level study, Diploma Level 5 study).

Level 3 Diploma
The Quality Assured Diploma is a Level 3 equivalent on the National Qualifications Framework. The Diploma is a 1 year course which is self study and is examined by online examination. The Diploma is awarded by Oxford College. Upon completion of the course you will receive certification awarded by Oxford College.

Your course is delivered online via the Oxford Learning On Campus website.

This is a flexible learning course, so the more time you have to commit to your studies, the sooner you are able to complete.

Please note that included in your course fee is your registration to the On Campus student community, and a licence to print your study materials.

Please note that the licence is for one print only, so please ensure that you have enough paper and ink to print the full course materials if required.

You will require having one of the following packages to access your On Campus area:

• Windows:Windows 98, 2000, XP, Vista, Windows 7 - Acrobat Reader 4.0 and above
• Macintosh:Mac OS X, Mac OS 9.2 - Acrobat Reader 4.0 and above

In the student 'On Campus' you are also able to take part in the student chat room and forums as part of our online student community.

After enrolling online you will receive your username and password to access the On Campus area within 5 working days. You will also receive your personal Oxford Learning student number via email.

Materials and support provided by Oxford Learning.