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Advanced Diploma in Risk Management QLS Level 5
Course at QLS Level 5
Study Method Online
Course Duration 450
Start Date Ongoing
Endorsement Endorsed by Quality Licence Scheme
Pay in Instalment Full Fee £ 192, Deposite £ 36, ( £ 13/month )
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Pay in Instalment Full Fee £ 192, Deposit £ 36, (£ 13/month)
you can pay Staff Training Solutions using payatrader
Course Overview

Risk Management Certification Online

Discover what makes risk management such a relevant and fascinating contemporary discipline, with this advanced Level 5 Risk Management Diploma!  Study in your own time from any location worldwide, for the opportunity to earn a fully-accredited award from Staff Training Solutions!  Our most advanced risk management programme to date provides a comprehensive introduction to this dynamic professional field.  Learn how to devise, implement and optimise an effective risk management strategy, identify and classify different types of risks and work as part of a wider risk management team.  Become one of the most important contributors to successful business operations and build a rewarding career for life in risk management!

Why Study Risk Management?

On a global basis, organisations at all levels must contend with a variety of risks.  Some more serious than others, but all constituting potential threats to the business and its operations.  Those who work in risk management dedicate their careers to safeguarding the performance and prosperity of the organisations they work with.  Monitoring and mitigating internal and external risks alike, they play a direct the role in determining the success or otherwise of the entire organisation.  Worldwide, careers in risk management are stable, enjoyable and financially-rewarding in equal measures.  Whether new to risk management or looking to advance and existing position, this exclusive Level 5 Risk Management Diploma comes highly-recommended!

Course Syllabus

Intensive yet accessible, this engaging Level 5 Risk Management Diploma is delivered across 13 modules as follows:

Module 1: Risk Management Process

The course begins by introducing candidates to risk management as both a concept and a profession.  The various different types of risks are brought into discussion, along with how to effectively use risk management tools, the primary objectives of risk management and key risk management activities.

Module 2: Types of Risk Management

Module two follows with a more intensive exploration of the different types of risks – internal and external – that can have an impact on the respective organisation.  Examples of which include market risks, liquidity risks, financial risks, operational risks, technological risks, political risks and more.

Module 3: Understanding Enterprise Risk Management

An introduction to enterprise risk management follows in module three, which focuses primarily on the benefits of effective ERM strategies and the personnel responsible for their implementation.  The importance of taking risks in the pursuit of rewards is also discussed.

Module 4: What is Risk Analysis?

Course content continues with an exploration of risk analysis.  Candidates are familiarised with a series of techniques for effectively analysing existing risk management frameworks, in order to identify areas for improvement.

Module 5: Risk Identification tools and techniques

One of the most important aspects of risk management, module five discusses the risk identification process in-depth.  Candidates learn how to look for and identify risks at a variety of levels, using a variety of associated tools and techniques.

 Module 6: Risk Evaluation Methods

The process of evaluating any risks identified is discussed in module six, which also introduces the development of risk response strategies, and how to effectively implement controls to safeguard the organisation from identified threats.

Module 7: Analysis and Management of Financial Risk

Course module seven introduces candidates to financial risk management, incorporating liquidity risk, recovery risk, counterparty risk, currency risk, foreign investment risk, environment risk and more.  Candidates learn how to identify and address key exposures.

Module 8: Understanding and Managing Operational Risk Management

Operational risk management follows in unit eight, focusing heavily on the importance of meeting all applicable regulatory and statutory requirements.  The mechanics of implementing an effective operational risk strategy are also detailed.

Module 9: What is Technological Risk Management?

Module nine turns attention to some of the more contemporary risks associated with modern technology and IT systems.  Candidates explore how technology can be both advantageous and problematic in the field of risk management.

Module 10: Management of Legal & Political Risk

The effective management of legal and political risk is discussed in module 10, guiding candidates through a series of internal and external risk management issues.  An introduction to corporate contracts and associated risks is also provided.

Module 11: What is Environmental Risk Assessment?

The identification and mitigation of environmental risks follows in module 11.  Candidates build a deeper understanding of the environmental issues that can pose a threat to the modern business, along with the associated responsibilities of the risk manager.

Module 12: Managing Social Risks

Social risk management and market risk management are both covered in the penultimate module.  The objectives and mechanics of market risk management strategies are discussed, along with the importance of proactively monitoring and mitigating social risk.

Module 13: Steps to Develop a Risk Management Plan

The course concludes with a detailed breakdown of the effective risk management plan and its implementation.  Candidates explore the potential value of testing preventative measures where possible and continuously optimising any existing risk framework.


Career Path

Upon completion of this Level 5 Risk Management Diploma, successful candidates will have the opportunity to seek employment with established organisations, or offer their services on a private or freelance basis.  Qualified risk managers often work as external consultants, though may pursue permanent positions within internal company departments. As every business must contend with risk at a certain level, talented risk managers enjoy limitless career prospects worldwide.  Typical salaries start from around £25,000 with no upper-limits for more senior risk managers.

Course Endorsement

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Who should take this course

This Level 5 Risk Management Diploma is open to ambitious candidates worldwide, with no deadlines or qualification criteria to worry about.  Risk management studies come particularly highly-recommended to:

  • Anyone serious about a higher-level risk management career
  • Existing members of the workforce in pursuit of promotion
  • Risk focused business owners and managers
  • Anyone looking to start their own business from scratch
  • Team leaders and project managers
  • Jobseekers looking to boost their employment prospects
  • Candidates interested in freelance job opportunities worldwide

Enrolment is open 365 days a year, so why not get started right now?  Enrol today, or contact a member of the team at Staff Training Solutions for more information!

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