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Risk Management - Level 1 Online

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Risk Management - Level 1 Online

Course Overview

Risk Management Short Course

Every business firm has had to deal with some form of risk in certain attempts at development. Hence, risk management forms an integral part of any business organisation as it is quite inevitable in every business environment. Since every business desires to grow, risks are sure to rear its ugly head in the face of any business development.

The level one risk management short course exposes the fundamental principles of risk management to enable candidates acquire the basic skills and knowledge required to prevent and mitigate risk systematically and more efficiently in any organisation. Our online risk management courses can be taken remotely by candidates from any part of the world, enabling them save money while learning from the best in the field of risk management. Candidates also do not have to deal with the pressures that come with classroom lectures. They can go through the course materials at the time and place convenient for them.

The course begins with an in-depth study of the primary types of business risks. Subsequently, candidates are introduced to ERM (Environmental Risk Management). This module equips candidates with the skills and knowledge they need to function effectively and professionally on sites. In the final stages of this module, candidates acquire the practical knowledge of how to preempt threats and tackle workplace contingencies.

Course Syllabus

This course consists of three units and each unit would be intimating candidates with the core areas of business risks and ERM.

Unit 1: Risk Management – An overview

This first unit of this course will intimate candidates with the basic concept of what risk management is and the other content of the course. This is to give the candidate an insight into what the whole course entails.

Unit 2: Introduction to the Main Types of Business Risks

This unit will intimate candidates with the major types of business risks they should expect in any business environment. Business risk can be instigated by a host of factors ranging from costs such as labor charges, overhead charges and similar sorts. In this regard, this course would be shedding more light on the types of business risks.

UNIT 3: What Is ERM?

This unit introduces Enterprise Risk Management (ERM) and its core concepts.

Enterprise Risk Management (ERM) is the process of organizing, planning, leading and controlling the activities of a business or organisation in order to reduce the effects of risk on an organisation’s earnings and capital. ERM deals with the strategic, financial, operational risks and accidental loss-related risks of every business or organisation.

Candidates will learn the foundational knowledge on how to implement ERM to minimise risks on organisation’s profits. Subsequently, candidates would be taught on how to develop an action plan that would preempt operational, strategic, financial and accidental loss-related risks in an organization.

Career Path

Our endorsed risk management courses are ideal for people seeking to scale their risk management career. Taking a course in ERM will give candidates a competitive edge in the labor market. As one of the most highly sought-after courses, ERM also guarantee very attractive salaries.  Most high-ticket jobs in risk management pay around £60,417 to £108,000 per annum.

Who Shoud Take This Course
  • Candidates who are looking to enrich their CV
  • Candidates who have a flair for risk management can also broaden their horizon by taking this course.
  • Individuals seeking personal development.
  • Individuals keen to scale their engineering career can harness the benefits of this course.
Accreditation

At the end of this course successful learners will receive a Certificate of Achievementfrom ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme.  This means that Certification for Professional Development (CPD) has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 1 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner. 

The course itself has been designed by Certification for Professional Development (CPD) to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met.  A review of courses is carried out as part of the endorsement process.

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

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Overview

Level Level 1
Duration 80 Hours
Endorsement Body Endorsed By ABC Awards and Certa Awards

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Bulk discounts are available on purchases of 10 or more courses. If you wish to discuss a large individual order for this course, and/or would like to be invoiced in advance, please call our sales team on +44 2071019663 to make an enquiry.

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