Online Postgraduate Diploma in Risk Management2022-06-01T16:30:49+00:00

Online Postgraduate Diploma in Risk Management provides learners with the skills and understanding in risk management that align with good strategic decision making to maintain organisations’ competitive advantage.

The programme provides an in-depth understanding of risk and its application in practice both for financial and non-financial organizations.

Learners will study both theoretical and practical elements of risk including risk measurement and modeling.

Postgraduate Diploma in Risk Management qualification enables learners to progress into or within employment and/or to work toward a relevant Master’s program with advanced standing.

Why should I choose this course?

By completing the PG diploma in risk management, learners are able to progress onto a Master’s top-up degree in Risk management.

This qualification is therefore, designed to provide:

  • Opportunities for learners to develop a breadth of knowledge and understanding of the subject matter related to Risk Management.
  • Development of underpinning skills, personal qualities, and attitudes essential for successful performances in working life.
  • Units that are directly related to learners’ current responsibilities or that meet a particular interest and support career development.
  • A base for continued learning and a desire to constantly develop as an individual, further improving knowledge, understanding, and skills.

Postgraduate 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.

Key Facts

Mode of Study
12 Months
Payment Plan
For 20 students
January, April, July, October

Learning Outcomes

  • Evaluate different types of risk and recognise the differences that exist between them.

  • Assess the various methods used to identify risk.

  • Identify and categorise the various organisational and environmental risks faced by a corporation.

  • Apply specialised methods and techniques for modelling and managing risk.

  • Demonstrate the ability to engage in critical thinking by analysing strategic risk management. 

  • Think conceptually and critically when examining situations involving uncertainty. 

  • Demonstrate critical knowledge and understanding of advanced research methods.


  • Principles of Risk Management (20 credits)

  • Strategic Risk Management (20 credits)

  • Responsible Leadership and Governance (20 credits)

  • Organisational and Environmental Risk (20 credits)

  • Risk Analysis and Modelling (20 credits)

  • Advanced Research Methods (20 credits)

Entry Requirements

We accept candidates who have achieved a wide range of credentials, including any post- 16 qualification in the UK. Functional, Vocational and other essential skills are recognised and accepted from all around the world. Please get in touch with us to discuss the specific requirements for your country.

  • Level 6 qualifications.

  • Other related levels 7 subjects.

  • Other equivalent international qualifications.

  • Level 6 qualifications.

  • Other related levels 7 subjects.

  • Other equivalent international qualifications.

English Requirments

  • The most commonly accepted evidence of English language ability is IELTS 6.5 (with minimum 6.0 in all components).

“I’d like to recommend this online programme as I found it extremely useful. This programme has broadened my knowledge and I’m excited to use this, to better my career. The teachers contributed largely to the wonderful experience I encountered at LSB because they supported me and provided in depth guidance’s throughout the duration of the programme”

Kieron Thackrey, Newcastle
PG Diploma in Risk Management


Learners are assessed through assignments,which have been created to demonstrate the students’ knowledge and understanding. All units within this qualification are internally assessed via exams and tasks which are externally verified by the awarding organisation.

The assignments submitted by learners must achieve the learning outcomes and meet the standards specified by the assessment criteria for the unit. Learners can earn a pass, merit or distinction grade depending on the quality of assignment and questions attempted. To achieve a merit or distinction grade, the learners must demonstrate that, they have met all the criteria set for these grades.

Download a Prospectus

Download a copy of our 2020 Diploma Prospectus (PDF Document) 

Fees & Funding

Tuition fees cover the cost of a student’s academic studies. It usually includes teaching costs, registration and examination fees (not repeat or tailing modules, re-sit fees or coursework resubmission). Any costs associated with work placements will be the students’ responsibility.

Fees £3,500

For full details, please visit our fees and funding page.


The level of competition for scholarships and educational awards is very high. We recommend that you apply for the course early if you plan to use for a related prize.

For some of our scholarships, you will need an offer to study the course to be eligible. Even where it is not a requirement, holding an offer to study can often benefit a funding application.

 Global Ambassador Scholarship
 Income Based Scholarship

Scholarships are available for candidates under the Global Ambassador Scholarship scheme. The total value awarded will be determined by your academic and professional achievements.

Applicants must provide recent financial information. We will consider any circumstances and please contact us for more information.

50%  Fee Reduction

We are proud to offer our students scholarships to support their tuition fees


 The Risk management industry is broad, interesting, and challenging. If you’re keen on learning the different processes of identifying, assessing and controlling threats to an organisation, you’re probably fit to pursue a Postgraduate Diploma in Risk Management. This diploma will be open doors to numerous career opportunities in any industry you can think of. Additionally, the knowledge, tools, and methods used in risk management are the same anywhere you go. This allows you to travel and find work in different countries.


Jobs directly related to your degree:

  • Business continuity

  • Commodity (buying and selling) risk

  • Corporate governance

  • Enterprise risk

  • Financial risk

  • Environmental risk

  • Information and security risk

  • Market and credit risk

  • Regulatory and operational risk

  • Technology risk.

Further Study

This qualification supports learners studying alongside the ACCA Professional Papers. Learners who complete the qualification will have the opportunity to ‘top-up’ and acquire a master’s degree with OTHM university progression partners. They may also seek career advancement via employment.

The qualification also supports progression for learners to higher qualification levels and professional qualifications. The associated sample assignments support the development of skills needed by individuals working in the Accounting profession.

Popular professional bodies include:

  • Chartered Institute of Management Accountants (CIMA)

  • Chartered Institute of Personnel and Development (CIPD)

  • Chartered Management Institute (CMI)

  • Chartered Institute of Marketing (CIM)

  • Association of Chartered Certified Accountants (ACCA)


Visit Us

If you are interested in applying we encourage you to visit the School and meet with our recruitment and admissions staff. This is neither a requirement nor expectation if you are planning on applying to the programme.

Related Programmes

At LSB, you will have the chance to study a broad range of subjects. The School offers a unique opportunity to explore business alongside other disciplines.

Extended Diploma in Strategic Management Level 7

Extended Level 7 Diploma in Strategic Management is a 120-credit Ofqual regulated qualification. This qualification offers a flexible option for people who already achieved awards in the management field at a lower level, as well as qualified individuals in other areas.


The Masters of Business Administration is a prestigious postgraduate qualification that provides an overview of fundamental business principles and practices. Top employers highly value it. While MBAs are at the same level of education as any other Masters courses.

Executive MBA

The Master of Business Administration (MBA) is a prestigious postgraduate qualification that provides an overview of fundamental business principles and practices and is highly valued by top employers. While MBAs are at the same level of education as other Masters’ courses.

How to Apply

Enrolling at London School of Business will help you study in a diverse mix of cultures, providing an opportunity to socialise and make friends from nations across the globe. Apply now, and one of our Admission Advisors will be in touch to support you through the process.

You can use the following link to apply for the programme: https://www.lsbuk.com/apply/

  • Personal details

  • Family information

  • Extracurricular activities

  • Global interests and experiences

There is no application fee.

  • Proof of your academic achievements, including official school transcripts

  • Evidence of English proficiency, i.e: TOEFL/IELTS/ Functional Skills Level 2 (if English is not your native language)

  • GMAT/SAT/ACT scores (optional)

  • One academic reference

  • A Personal Statement as an essay (400–500 words)

  • Scholarship and financial aid application included with the application form

In order to assess your eligibility for the programme, we will review your profile and your expectations from your career. This will be done via an in-person, telephonic or video conversation. In addition, we will mark your English proficiency for the course, and advise on further actions to be taken on your part.

Once your application and personal assessment interview are completed, you will receive an admission decision within two weeks. If you have any questions regarding the status of your application, feel free to contact your Admission Advisor.

If you are accepted into the program and have decided to start your studies at London School of Business, you must confirm your place prior to confirmation deadline.

Once we confirm your student status with us, we will be sending out useful information regarding your pre-arrival, and pre-enrolment.  Not only that, we will work alongside to make sure you have a seamless arrival in the UK.

Need Help Choosing A Programme?

Choosing the right programme is an essential part of your future success. Our dedicated student counsellors are happy to assist you in selecting the right plan that best suits your professional goals. Please contact us on +44 (0)20 3305 8124 or send us an email to postgraduate@lsbuk.com to discuss your requirements and obtain an application form.

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Get in Touch

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