Accredited Level 3 Risk Management Diploma Entry Requirement
Entry to this Accredited Level 3 Risk Management Diploma requires that potential students have gained GCSE/IGCSE or equivalent qualifications and have, good English oral, reading and writing skills.
Advice on enrolment and guidance of prior learning (APL) can be obtained through out contact centre. The course is a rolling programme and can be started at any point in the year. Successful students can go on to Higher Education, including remaining as students at OLC to complete courses in our portfolio of higher awards.
All students must be aged 16 or over.
The coursework is assessed through continuous assessment with no formal exit examinations.
Approximately: 200 hours of personal study time for the entire course is recommended. All of which is supported by the OLC Course Tutor, who we greatly encourage students to access support from throughout their course.
This course has been developed by the College’s professional team of tutors to meet the needs of sector based employers and employees. It is also part of the College’s validated level three Diplomas’, recognised internationally, as verified and moderated Centre for Interactive Education (CIE Global). Further details of our accreditations are provided on our website.
Accredited Level 3 Risk Management Diploma Course Length
Accredited Level 3 Risk Management Diploma Course Content
Course Reader (Mandatory) Students are required to obtain a copy of the following textbook:- Author: Abe Abrahami Title: “Compliance and Change Management: What you don’t learn at Harvard” Publisher: Booksurge Publishing Date Pub: 16/01/2007 ISBN 10: 1419658360 ISBN 13: 978-1419658365 Amazon Link: http://www.amazon.co.uk/Compliance-Change-Management-Learn-Harvard/dp/1419658360/ref=sr_1_1?s=books&ie=UTF8&qid=1446492207&sr=1-1&keywords=abe+abrahami
The whole level three diploma has TEN (10) specific units of study, which are sub-divided into topic areas these are:
Accredited Level 3 Risk Management Diploma Unit 1: What is Risk Management?
In this unit, introduces students to the concept of ‘Risk Management (RM)’; considering the background, type, development and change, guidelines, frameworks, action, prevention and competences.
Accredited Level 3 Risk Management Diploma Unit 2: The Individual as Risk Manager
The unit explores with the help of case studies how to be a successful risk manager. What are the features of good practice, planning and strategies?
Accredited Level 3 Risk Management Diploma Unit 3: Risk Structure and Environment, RiskSE
The unit continues to build on the themes of unit two. Using the course reader we consider the notion of Risk Structure and Environment (RiskSE) – how to assess; record; action plan; support, implement and secure potential risk management as a core strategy in any given business.
Accredited Level 3 Risk Management Diploma Unit 4: Managing Risk Processes
This unit helps the student explore how the risk process should be managed. This is aided by case studies from the course reader to inform and guide learning.
Accredited Level 3 Risk Management Diploma Unit 5: Managing Risk Projects
The ‘day to day’ management of a risk project”: a risk project is one that may override budgets; deadlines; and other strategic factors. The unit enables students’ to explore how to strategise, network and communicate risk factors with the core aim of securing the risk factors.
Accredited Level 3 Risk Management Diploma Unit 6: Managing Risk Diversity (MRiskD)
A business needs to manage risk beyond its own setting. This may include: impacting legislation; EU regulations; global trends and threats. Whatever the business, diversity is a crucial aspect of risk management. The core text is used to explore these aspects.
Accredited Level 3 Risk Management Diploma Unit 7: Risk and Change
The unit explored the two core elements of managing risk. The risk factor might be local but the looming change in legislation or compliance regulations might be a threat that is a risk to business practice should the organisation fail to plan and manage for this new risk.
Accredited Level 3 Risk Management Diploma Unit 8: Quality and Risk
Whatever the size or shape of the business; quality in all aspects of product or service provision is important. Using the quality and risk axiom “If you cannot size it, you cannot measure it, and if you cannot measure it, you cannot improve it” the unit explores how understanding this conundrum is if understood, vital risk management strategy.
Accredited Level 3 Risk Management Diploma Unit 9: Audit and Risk
This unit explores how the important feature of auditing risk assists in ensuring good practice and outcome. Hindsight is a wonderful leveller of business risk – but auditing is a tool that provides strategic vision and focus on risk factors and solutions.
Accredited Level 3 Risk Management Diploma Unit 10: Ethics and Risk
In this final unit we explore how managing risk should be considered as an ethical process. If the risk will cause harm or difficult consequences – is the risk worth taking? This is the ethical dilemma that businesses face. Examples from banking, commerce and industry will be explored in the unit.
This Accredited Level 3 Risk Management Diploma can be used to gain entry to a Level 4 Diploma or higher