Financial risk management is very crucial for each and every organisation to identify and avoid any revenue loss or leakage. It is only through an effective financial risk management process that an organisation can achieve maximum profits or revenue. Therefore, with the increase in the need for proper financial risk management, the need for professionals such as risk manager, risk analyst, risk consultant and many more have also increased drastically.
If you too aspire to get into or make some progress within the risk management industry, this Diploma in Financial Risk Management – Level 5 is sure to be of immense benefit to you. This course has very detailed learning materials that will thoroughly educate you on the fundamental concepts of risk management. The various risk management control systems will also be amply covered in this course, with special consideration to the different methods of measuring risk exposure.
As a risk management professional, it is vital for you to know your role, responsibilities and duties to carry them out as needed. Thus, this course will explore the role, responsibilities and duties of a financial risk management, followed by modules that will look into topics such as risk management framework, risk tolerance and many more.
The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Study 365 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 5 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 Study 365 to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards 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.
*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales
Why consider learning at Study 365?
With so many commitments in our lives, we may not have the time to learn new skills. The beauty of studying online is that you get to find this balance between your education and your daily commitments
Study 365 offers hundreds of online courses to students across the world. Gaining new skills has never been this easy as many of our courses are open to students with little or no qualifications or previous experience. All the courses are up-to-date, relevant, affordable, and will build on existing expertise or give you a jump-start to a new career. The courses are meticulously designed and equals what is offered in a classroom setting. With a solid reputation that has established and made us made us one of the most trusted and reliable online course providers we offer the most convenient path to gain recognised skills and training that will give you the opportunity to put into practice your knowledge and expertise in your chosen career. You can learn at your own pace at Study 365 and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules, interactive quizzes and free resources which include Free CV writing pack, free career support and course demo to make your learning experience enriching and more rewarding.
- Have a thorough understanding of the fundamental concepts of risk management.
- Learn about management control systems.
- Explore the role and responsibilities of a risk management professional.
- Learn different methods to measure risk exposure.
- Have a clear understanding of the risk management framework.
- Learn about risk tolerance.
The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.
Who is this Course aimed at?
- Quality Managers
- Quality Assurance professionals
- Undergraduate students
- All learners should be over the age of 19 and have a basic understanding of Maths, English and ICT.
- A recognised qualification in level 4 or above in any discipline.
Method of Assessment
This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.
Please Note: Additionally, £89 is charged for assessment and certificate and you need to pay that when you are submitting your assessments only (It is not required to pay initially when you are registering). This payment can be paid into 04 installments when you are submitting your assessments.
At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
Course Code: QLS-05014
Accredited body (Accreditation) 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.
Progression and Career Path
Once you successfully completed the Level 5 Diploma in Financial Risk Management you will gain the knowledge that will give you the opportunity to gain employment as a risk management professional. You will be fully equipped to take on a new role or expand in the current one. This certification will validate your skills and put you in line to demand for a job promotion or salary increment. Given below are few of the job positions you can attain, along with the average UK salary per annum according to https://www.payscale.com.
- Quality Manager – £35,329 per annum
- Quality Assurance Manager – £35,326 per annum
- Risk Manager – £50,064 per annum
- Risk Management Analyst – £33,863 per annum
- Risk Management Manager – £50,868 per annum
- Risk Management Consultant – £43,376 per annum
- Written and designed by the industry’s finest expert instructors with over 15 years of experience
- Repeat and rewind all your lectures and enjoy a personalised learning experience
- Unlimited 12 months access from anywhere, anytime
- Save time and money on travel
- Learn at your convenience and leisure
- Eligible for a TOTUM discount card
- Free Career Support Service
- 25% Discount on personal Statement and covering letter writing service
- Free Access to Over 150 courses for 2 days (48 hours)
- Free access to course before you purchase (For selected courses only)
|1: What is Risk?|
|What is Risk?||00:00:00|
|2: How to Manage Risk|
|How to Manage Risk||00:00:00|
|3: Understand the Governance And Reporting|
|Understand the Governance And Reporting||00:00:00|
|Assignment Brief I – Diploma in Financial Risk Management Level 5||00:00:00|
|☑ Submit your Assignment|
|(B) Assignment Submission I – Financial Risk Management Level 5||00:00:00|
|4: What is Internal Control?|
|What is Internal Control?||00:00:00|
|5: What are management control systems?|
|What are management control systems?||00:00:00|
|6: How to Manage Performance|
|How to Manage Performance||00:00:00|
|Assignment Brief II – Diploma in Financial Risk Management Level 5||00:00:00|
|☑ Submit your Assignment|
|(B) Assignment Submission II – Financial Risk Management Level 5||00:00:00|
|7: Information Systems Management|
|Information Systems Management||00:00:00|
|8: Internal Auditing and Risk|
|Internal Auditing and Risk||00:00:00|
|9: Risk in Finance|
|Risk in Finance||00:00:00|
|Assignment Brief III – Diploma in Financial Risk Management Level 5||00:00:00|
|☑ Submit your Assignment|
|(B) Assignment Submission III – Financial Risk Management Level 5||00:00:00|
|10: What is Currency Risk|
|What is Currency Risk||00:00:00|
|11: Hedging and Transaction Risk|
|Hedging and Transaction Risk||00:00:00|
|12: Risk in Interest Rate|
|Risk in Interest Rate||00:00:00|
|13: Deal with Investment Appraisal Risk|
|Deal with Investment Appraisal Risk||00:00:00|
|Assignment Brief IV – Diploma in Financial Risk Management Level 5||00:00:00|
|☑ Submit your Assignment|
|(B) Assignment Submission IV – Financial Risk Management Level 5||00:00:00|