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Risk Management

My Distance Learning College


All businesses involve some element of risk. Being able to identify and plan for risk is a critical part of today's management function. The need to ensure the working environment is safe and secure to prevent accidents and disasters within the workplace is high on the agenda of most modern organizations.

Knowledge of safety organization and structure will provide the student with the necessary skills and techniques needed to plan and manage an effective safety program.

This course will provide the student the information to implement a safety program at their own facilities. Managers and team members interested in a detailed understanding of the safety process will find this course invaluable.

This course covers topics such as:

  • Introduction to Risk Management
  • Economic benefits of Risk Management
  • Risk Management techniques
  • Risk in financial markets
  • Principles of Risk Management
  • Risk evaluation
  • Risk control measures
  • Loss prevention
  • Relationships with financial elements
  • Captive insurance industry
  • Legal aspects


On completion of your course, you will receive two qualifications:

Risk Management Diploma

Risk Management Diploma issued by My Distance Learning College, entitling you to use the letters SAC Dip after your name.

NCFE Level 3 Risk Management Award

This Course leads to an NCFE Level 3 Award Certificate for successful learners. That means that it is independently accredited at a level of learning equivalent to level 3 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). In accrediting the program at level 3, NCFE attests that its learning outcomes are at an equivalent level to a level 3 national qualification.

This award has been designed by My Distance Learning College to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning program has been scrutinized and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.


After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

course quick facts
course code DED9481
cost $352.00
estimated time to
complete course
105 Hours
course materials
365 Days