This course contains 13 units.

Unit 1: Risk Management – An Overview

This unit gets candidates intimated with the introductory aspect of the whole course, an insight enough to give candidates an overview of the topic and prepare them for the other units.

Unit 2: Introduction to the Main Types of Business Risks

In this unit, candidates would be intimated with the core types of business risks as it affects their intending workplace. At the end of this module, candidates would have a full grasp of the main types of business risks and how they can be tackled.

Unit 3: What is ERM?

Unit three will exhaustively discuss what Enterprise Risk Management entails. Candidates will learn about the various risks associated with organisations’ capital and earnings, and how they can mitigate it.

Unit 4: Risk Analysis and Risk Management

In this unit, candidates would be educated on how to analyze and manage risks. This is quite a crucial unit in the course as it equips individuals with the required skill to handle risks effectively.

Unit 5: Identifying Risks

Candidates would learn in the course, intrinsically on how to identify and preempt risk. In this unit, candidates would be kept abreast with preemptive measures to take in the eventuality of any risk whatsoever.

Unit 6: Risk Evaluation Strategies

This unit would equip candidates with the skills to evaluate risks by way of developing strategies to mitigate its outcome effectively.

Unit 7: Management of Financial Risks

This unit would intimate candidates with the need to stay out the radar of financial hazards. These financial hazards can come in the way of overhead charges, penalties, labor charges and others not mentioned here. Individuals would be taught about how finance works and how they can avoid being at the receiving end of financial pitfalls.

Unit 8: Managing Operational Risks

Every business organization is susceptible to this form of risk. In this unit, candidates would learn how to create effective strategies to tackle operational hazards efficiently.

Unit 9: How to Manage Technology Risks

This unit would give candidates a deep insight on how to create automated back-ups that can mitigate technological lapses in a business environment.

Unit 10: How to Manage Political and Legal Risks

Businesses should always tread softly in the face of political or legal policies. In this same vein, candidates would be taught on how to steer clear of the legal and political radar of non-compliance as the consequences can be quite harsh to any organization or business.

Unit 11: Environmental Risk Management

This unit gives an in-depth study into Environmental Risk Management and how it can be tackled. It intimates candidates with the kind of risks to expect while on-site and the necessary counter-measures to take in the face of such eventuality.

Unit 12: Marketing and Social Risk Assessment

This unit arms candidates with the skills needed to tackle and assess marketing and social risks. There are always contingencies militating against business goals and objectives in every social setting. This module would be quite specific in informing candidates with practical knowledge on how to determine and tackle such a development.

Unit 13: Creating a Risk Management Plan for Your Business

This unit equips candidates with the skills on how to develop or create a risk management plan for their respective businesses. Given that risk is quite inevitable for progress, individuals need to come up with a risk management plan in case such a circumstance arises.

At the end of this module, candidates should have a firm grip on how to create an automated and actionable risk management plan for their businesses.

Upon completion, successful participants will be awarded a certificate indicating that they have the skills and are qualified to seek or advance their career in ERM. This course would be of immense benefit to those looking to climb the career ladder of risk management. It is also a boost for participants who want to carve a niche for themselves in the field ERM, as it equips them with basic and advanced skills required to successfully help organisations mitigate risks. ERM professionals earn as much as £80,000- £128,000 per annum.

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.