OTHM Level 7 Diploma in Risk Management

The objective of the OTHM Level 7 Diploma in Risk Management is to provide learners with the skills and understanding in risk management that align with good strategic decision making to maintain organisations’ competitive advantage.

The OTHM Level 7 Diploma 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.

The OTHM Level 7 Diploma in Risk Management qualification enables learners to progress into or within employment and/or to work toward a relevant Master’sprogramme with advanced standing.

Mandatory Units

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

Assessment and verification

All units within this qualification are internally assessed via assignments and externally verified by awarding organisation. There are no examinations in this course.

OTHM Level 7 Diploma in Risk Management

Hard copy certificate - Included

• Sample Certificate - download
• Course Flyer - download

UK Versity is a British Accredited College (BAC) and an independent private higher education institution in the UK. Established in 2015 as an online provider of Ofqual regulated courses, we deliver educational RQF Level 2–8 courses globally using advanced technology from the UK. UK Versity's name is referred to as the home of online learning, as we are the only provider who has delivered over 10,000+ sessions of live teaching that are recorded and available on our YouTube channel. Visit the YouTube channel @ukversityonline to watch live delivery. This course can be studied online on a self-study basis or via live Zoom lectures.

7500+ students have successfully completed their qualifications with UK Versity.

The College provides:

1. Comprehensive course material provided via its learner management system, which includes books per module, presentations for all units, recorded lectures, articles, case studies and handouts
2. Onboarding for studies includes induction via Zoom, covering comprehensive discussions on course overview, systems demos, introduction to tutors, admin team and ongoing support to be able to complete the course
3. Live sessions are conducted via Zoom Meeting on weekends, and learners can join them to interact with lectures
4. Access it 24 x 7 on any device, anywhere in the world
5. Dedicated support via WhatsApp group chat, telephone and email (all week, 9 a.m.–5 p.m)
6. No exams. All coursework is assessed via assignments. Feedback is provided in 2–3 working days.

Introduction: The OTHM Level 7 Diploma in Risk Management is an advanced program designed to equip individuals with the knowledge, skills, and strategies necessary to identify, assess, and mitigate risks effectively within organizational contexts. Understanding the target audience is crucial for tailoring the course content and ensuring its relevance to the needs and aspirations of prospective participants. In this write-up, we explore the characteristics and motivations of individuals who would benefit most from enrolling in the OTHM Level 7 Diploma in Risk Management.

Target Audience:

1. Risk Management Professionals: The Level 7 Diploma appeals to current risk management professionals, including risk managers, risk analysts, and compliance officers, who seek to deepen their understanding of risk management principles and practices. These individuals are committed to enhancing their expertise in risk identification, assessment, and mitigation to protect organizational assets and achieve strategic objectives.

2. Aspiring Risk Managers: Individuals aspiring to leadership roles in risk management may enroll in the diploma program to develop the skills and competencies necessary for success in senior risk management positions. The course offers insights into enterprise risk management frameworks, strategic risk planning, and crisis management, essential for leading risk management functions within organizations.

3. Financial Services Professionals: Professionals working in the financial services sector, including banking, insurance, and investment management, may find the Level 7 Diploma beneficial for advancing their careers in risk management roles. The program offers specialized knowledge in financial risk management, regulatory compliance, and portfolio risk analysis, essential for navigating the complexities of the financial services industry.

4. Corporate Executives and Business Leaders: Executives, business owners, and board members who recognize the strategic importance of risk management in achieving organizational objectives may enroll in the diploma program to deepen their understanding of risk governance and oversight. The course equips them with the knowledge and tools needed to effectively identify, assess, and mitigate risks at the strategic level.

5. Consultants and Advisors: Risk management consultants and advisors may see the Level 7 Diploma as a valuable addition to their professional credentials. The program provides them with advanced knowledge in risk assessment methodologies, risk modeling techniques, and risk communication strategies, enabling them to offer expert risk management advice and solutions to client organizations.

6. Compliance Professionals: Compliance officers, internal auditors, and regulatory specialists tasked with ensuring organizational compliance with laws, regulations, and industry standards may enroll in the diploma program to enhance their risk management skills and knowledge. The course offers insights into compliance risk assessment, risk-based auditing, and regulatory risk management, essential for effective compliance management within organizations.

The Entry Requirements

• Relevant NQF/QCF/RQF Level 6 diploma or an equivalent overseas qualification
• Bachelor’sdegree or an equivalent professional qualification from arecognised institution.
• IELTS 5.5 or equivalent qualification is preferred but not essential.
• Mature learners (over 21) with management experience
• English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency

Successful completion of this qualification enables our learners to progress to MBA Top Up.

The qualification is listed on OfQual (Office of the Qualifications and Examinations Regulation) website, learners are eligible to progress to an MBA top-up degree.