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Risk Management QLS Level 1 Award

Course Overview

Short Course Certificate Risk Management

Risk management is, undoubtedly, an essential prerequisite for any business firm. It involves the pre-emption, identification, mitigation, and evaluation of risks. Risk management is the application of strategic, mechanized sequences to reduce the dire impact of unfortunate events. It can also be an avenue to maximise opportunities.

Risk is one of the significant factors of a business, and it can develop or spring from numerous sources such as threats in the financial market, a lapse in industrial production, natural disasters, legal misconceptions, unforeseen contingencies, and the likes.

This short course certificate in risk management provides the foundation upon which candidates can build a rewarding career in risk management. To enrol on this introduction to risk management course, candidates need no prior knowledge as this course explains the basics of risk management and the main types of business risks. Candidates can take this risk management certificate course from anywhere in the world, freeing them from the hassles of classrooms and added expenditure of travelling.

The introductory part of this course investigates the main types of business risks. Candidates will learn the various types of risks prevalent in the workplace and how these risks can be mitigated, tackled, and preempted.

Course Syllabus

As the introduction to the world of risk management, this course contains two units.

Unit 1- Risk Management – An overview

Typical businesses mostly face the risk of things within their control, such as trying to develop a stepwise strategy to tackle issues and things beyond their control such as an inevitable lapse in the global economy. The first unit of this course would be looking at these core areas.

Unit 2- Introduction to the Main Types of Business Risks

When it comes to business risks, there is an endless list to explore as risk is quite a broad phenomenon. However, for the sake of precision, this course will be limiting its scope to the ten main types of business risks which would be studied in-depth in the later parts of this course.

  • Competitive Risk
  • Economic and Financial Risk
  • Environmental risk
  • Political and Legal Risk
  • Compliance Risk
  • Strategy Risk
  • Project Risk
  • Technological Risk
  • Marketing and Social Risk
  • Operational Risk
Career Path

Given that risk management is a core necessity of any business firm, candidates who wish to pursue a career in health and safety, engineering, stockbroking, finance, politics and numerous sorts can leverage the unique concepts of this course to kick-start their career. Risk management is a high-ticket course with employment opportunities around the globe from entry to advance. Entry-level risk managers could earn between £35,000 - £50,000 per annum.

Who Shoud Take This Course
  • Candidates who are looking to beef up their CV to fit into the Risk Management positions.
  • Individuals who wish to work in any health or industrial firm can harness the benefits of this course.
  • Candidates who are looking to scale their career in risk and project management.
  • Candidates with an insatiable need for professional knowledge.

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.


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Course at QLS Level 1 Award
Duration 60 Hours
Endorsement Body Endorsed by Quality Licence Scheme

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Customer Reviews
Reviews: (3)
Logistics and Supply Chain Management (Level 4)


Its very convenient, I have time to go through the materials and make the assessment when I have time next to work. I get feedback always within couple of days.
I get very useful materials, the course is really about the topic, very detailed and connected to reality.

Cser Aliz
Public Relations - Level 1


I do like a part dedicated to the practice in your studying material, that prevents from a passive reading of the material and helps to apply a new knowledge right now or at least to try to do it. As well, it's a great technique to memorise new material, because I did remember my answers to your questions in the texts. I've just started my course so maybe later I can provide and share with you more my insights I'll discover. 

Makota Anna
Diploma in Diet and Nutrition - Level 5


  • Easy to approach instruction
  • Very organised and helpful Tutor at any time.
  • The way my teacher presented the course information by hitting the main points
  • Great teacher, who knows the material
  • I am confident that I firmly understand Nutrition and diet from my teacher's teaching
  • The improvement of course material related to tests
  • He gives good notes
  • The quizzes and online assignments are very helpful for the tests and questions clearly explained.
  • My teacher follows up with my work and many more my list is endless and its my pleasure.

Atim Grace