OTHM Level 7 Diploma in Risk Management
Qualification Number: 603/6782/9
The objective of the OTHM Level 7 Diploma in Risk Management is to provide learners with the skills and understanding in risk management that align with good strategic decision making to maintain organisations’ competitive advantage.
The OTHM Level 7 Diploma in Risk Management programme provides an in-depth understanding of risk and their application in practice both for financial and non-financial organisations.
Learners will learn both theoretical and practical understanding of risk including risk measurement and modelling.
The OTHM Level 7 Diploma in Risk Management qualification enables learners to progress into or within employment and/or to work toward a relevant Master’s programme with advanced standing.
For entry onto the OTHM Level 7 Diploma in Risk Management qualification, learners must possess:
⦁ An honours degree in related subject or UK level 6 diploma or an equivalent overseas qualification
⦁ Mature learners with management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme)
⦁ Learners must be 21 years old or older at the beginning of the course
⦁ English requirements: If a learner is not from a majority English-speaking country must provide evidence of English language competency.
The OTHM Level 7 diplomas on the Regulated Qualifications Framework (RQF) are at the same level as master’s degrees. However, they are shorter (120 credits) and learners will have to proceed to the dissertation stage (60 credits) with university to achieve a full masters programme.
The OTHM Level 7 Diploma in Risk Management qualification consists of 6 mandatory units for a combined total of 120 credits, 1200 hours Total Qualification Time (TQT) and 600 Guided Learning Hours (GLH) for the completed qualification.
Mandatory units⦁ Principles of Risk Management
⦁ Strategic Risk Management
⦁ Responsible Leadership and Governance
⦁ Organisational and Environmental Risk
⦁ Risk Analysis and Modelling
⦁ Advanced Research Methods
Duration and delivery
The qualification is designed to be delivered over one academic year for full-time study but it is also flexible in its delivery in order to accommodate part-time and distance learning.
The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, online by KIMT.
Assessment and verification
All units within this qualification are internally assessed by KIMT and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.
To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the Assessor.
The Assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.
The OTHM Level 7 Diploma in Risk Management qualification enables learners to progress into or within employment and/or continue their further study. As this qualification is approved and regulated by Ofqual (Office of the Qualifications and Examinations Regulation), learners are eligible to progress to Master’s top-up at many universities in the UK and overseas with advanced standing.