Professional Certificate Course in Understanding the Principles of Healthcare Economics

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Completion Time

2 Weeks

Accreditation

3 CPD Hours

Level

Advanced

Start time

Anytime

About the course

Level 7 Diploma in Risk Management (RQF) – 6 - 8 Months

Credits: 120 Credits

The primary aim of the Level 7 Diploma in Risk Management is to equip individuals with the necessary skills and knowledge in risk management that align with effective strategic decision-making for the purpose of sustaining competitive advantages within organizations. The OTHM Level 7 Diploma in Risk Management course offers a comprehensive exploration of risk and its practical applications, relevant to both financial and non-financial entities. Learners will gain a well-rounded comprehension of risk, encompassing both theoretical principles and practical methodologies, including risk assessment and modeling.

This program serves as a stepping stone towards the MSc in Risk Management.

Course details

The Level 7 Diploma in Risk Management program comprises six compulsory units, amounting to a total of 120 credits. It encompasses 1200 hours of Total Qualification Time (TQT) and 600 Guided Learning Hours (GLH) necessary to complete the qualification.

Program Components (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

Module: Understanding The Principles Of Healthcare Economics

Lecture: 1
Quiz: 1

The objective of this course is to equip learners with a fundamental grasp of healthcare economics principles. This includes comprehending concepts such as supply and demand, market structures, financing systems, and cost-benefit analysis within the healthcare sector. Upon completing the course, participants will possess the expertise needed to assess the economic determinants impacting healthcare delivery and policymaking.

Understanding the Principles of Healthcare Economics
Understanding the Principles of Healthcare Economics

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 be eligible for enrollment in the Level 7 Diploma in Risk Management program, which ultimately leads to the MSc in Risk Management degree, applicants should meet the following criteria:

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

2. Alternatively, mature individuals (aged 25 or older) with a minimum of 5 years of managerial experience may be considered for admission if they do not meet the educational qualifications mentioned above. Admission in such cases will be assessed individually.
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