Professional Certificate Course in Innovation Management

Discover the exciting world of tourism promotion and travel distribution systems with our cutting-edge module, covering everything from marketing strategies to the latest trends in the industry.

Completion Time

2 Weeks

Accreditation

3 CPD Hours

Level

Advanced

Start time

Anytime

About the course

Level 7 Diploma in Risk Management (QCF): 6 - 8 Months
MA in Risk Management (TopUp): 3 - 6 Months

Total Credits: 180 Credits

The primary objective of the Master of Science (MSc) program in Risk Management is to equip learners with the essential skills and knowledge required for effective risk management, facilitating sound strategic decision-making processes that uphold organizations' competitive advantages. This comprehensive program delves deep into the realm of risk, encompassing its practical applications in both financial and non-financial sectors. Learners will acquire a well-rounded understanding of risk, covering theoretical concepts as well as practical aspects such as risk measurement and modeling.

This program aims to enable learners to:

1. Evaluate, in a critical manner, five fundamental methods for managing risk.
2. Compare and contrast the impact of legislation, legal considerations, and regulatory bodies on health and safety within an organization of their choice.
3. Assess the key aspects of ISO standard 'harmonization' initiatives.
4. Evaluate the tools available for reviewing organizational strategies and risk management plans.
5. Analyze an organization's current market position using appropriate assessment tools.
6. Examine contemporary issues contributing to Corporate Social Responsibility (CSR) risk management systems.
7. Analyze the significance of conducting a Business Impact Analysis (BIA) in a critical manner.
8. Articulate how leadership and management styles should adapt to address diverse risk scenarios encountered in organizations.
9. Assess the board's role in addressing corporate governance issues and various approaches taken.
10. Evaluate a variety of risk financing alternatives available to organizations.
11. Develop a comprehensive risk management plan through environmental screening to mitigate potential risks.
12. Assess the Standardized Approach for credit risk in accordance with Basel III recommendations.
13. Analyze concepts such as Knightian uncertainty, the Ellsberg paradox, and Black Swan events.
14. Explain and apply mathematical models related to Value at Risk (VaR), Conditional Value at Risk (CVaR), and Expected Value at Risk (EVaR).

Course details

The MSc in Risk Management program encompasses six compulsory units, adding up to a cumulative total of 120 credits, 1200 hours of Total Qualification Time (TQT), and 600 Guided Learning Hours (GLH) for the entire qualification.

The course comprises the following modules, each worth 120 credits:

1. Principles of Risk Management
2. Strategic Risk Management
3. Responsible Leadership and Governance
4. Organisational and Environmental Risk
5. Risk Analysis and Modelling
6. Advanced Research Methods

Additionally, there is a dissertation component worth 60 credits, which involves the completion of a Consultancy Report spanning 12,000 words.

Module: Innovation Management

Lecture: 1
Quiz: 1

The Innovation Management course imparts insight into the process of innovation, its determinants, and the variables that can impact it. This course seeks to nurture learners' capacity to appraise opportunities for innovation, gauge associated risks, and opt for suitable strategies for fostering innovation.

Innovation Management
Innovation Management

Accreditation

All of our courses are accredited by the relevant partners and awarding bodies. Please refer to our information in about us for more details.

Entry requirement

To gain admission to the MSc in Risk Management program and attain the corresponding qualification, prospective students must meet the following requirements:

1. Hold an honors degree in a relevant field, a UK level 6 diploma, or an equivalent international qualification, such as a Bachelor's Degree or Higher National Diploma.

Alternatively,

2. Mature candidates, aged 25 or older, may be considered for admission based on their extensive management experience, which should span at least 5 years. Such cases will be evaluated individually.
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