OTHM Level 7 Diploma in Risk Management

OTHM Level 7 Diploma in Risk Management

Now is the time to invest in yourself and your future. Take the next step towards achieving your career goals with the OTHM Level 7 Diploma in Risk Management.

The OTHM Level 7 Diploma in Risk Management is a qualification designed to equip individuals with advanced skills and knowledge in effectively managing risks within various organizational contexts.

OTHM Level 7 Diploma in Risk Management aims to provide learners with the expertise needed to identify, assess, and manage risks effectively within organizations, thereby contributing to better decision-making, improved resilience, and sustainable business performance.

The OTHM Level 7 Diploma in Risk Management is a comprehensive qualification designed to equip individuals with advanced knowledge and skills in identifying, assessing, and managing risks across various organizational contexts. Offered by the Organization for Tourism and Hospitality Management (OTHM), this diploma is recognized internationally for its quality and relevance in the field of risk management.

Join the ranks of industry leaders and become a trusted expert in managing risks effectively. Enroll today and unlock your potential for success!

The OTHM Level 7 Diploma in Risk Management offers a valuable opportunity for professionals looking to enhance their expertise in this critical field. With its comprehensive curriculum and practical focus, this diploma equips graduates with the knowledge and skills needed to excel in a wide range of risk management roles across diverse industries. Whether you’re looking to advance your career or transition into a new field, pursuing this diploma can open doors to exciting opportunities and help you make a meaningful impact in today’s dynamic business landscape.

OTHM Level 7 Diploma in Risk Management offers a wealth of benefits, from advanced expertise and enhanced career prospects to global recognition and personal development. By investing in this diploma program, you’re investing in your future success and paving the way for a rewarding and fulfilling career in risk management.

Let’s delve into the myriad benefits of the OTHM Level 7 Diploma in Risk Management:

  • Advanced Expertise: This diploma equips you with advanced knowledge and skills in risk management, providing you with a deep understanding of various risk types, assessment techniques, and mitigation strategies. You’ll become proficient in identifying potential risks and implementing effective solutions to minimize their impact.
  • Enhanced Career Prospects: In today’s competitive job market, employers value professionals with specialized skills. Holding a Level 7 Diploma in Risk Management from OTHM not only demonstrates your expertise but also sets you apart from other candidates, enhancing your career prospects and opening doors to higher-level positions and greater responsibilities.
  • Global Recognition: OTHM is a well-respected awarding organization with international recognition. Your diploma will be valued by employers worldwide, giving you the flexibility to pursue career opportunities in various countries and industries.
  • Practical Application: This diploma program emphasizes practical learning, allowing you to apply theoretical concepts to real-world scenarios. Through case studies, projects, and simulations, you’ll develop hands-on experience that prepares you to tackle challenges effectively in your professional role.
  • Networking Opportunities: Studying for the OTHM Level 7 Diploma in Risk Management provides you with opportunities to network with fellow professionals, industry experts, and potential employers. Building a strong professional network can be invaluable for career growth, opening doors to new opportunities and collaborations.
  • Flexibility: OTHM understands the importance of flexibility in balancing work, life, and studies. That’s why this diploma program offers flexible learning options, including online courses and part-time study, allowing you to pursue your education at your own pace and convenience.
  • Personal Development: Beyond acquiring technical skills, this diploma program also fosters personal development. You’ll enhance your critical thinking, problem-solving, and decision-making abilities, empowering you to excel not only in your professional life but also in your personal endeavors.
  • Career Advancement: Whether you’re looking to advance in your current role or transition to a new career path, the OTHM Level 7 Diploma in Risk Management provides you with the necessary credentials and competencies to succeed. You’ll be equipped to take on leadership positions, drive organizational change, and make a meaningful impact in your chosen field.

Mandatory Units

  • Principles of Risk Management
  • Strategic Risk Management
  • Responsible Leadership and Governance
  • Organisational and Environmental Risk
  • Risk Analysis and Modelling
  • Advanced Research Methods

Principles of Risk Management

  • Understand risk management principles.
  • Understand key legislation frameworks that influence risk management decision making in an organisation.
  • Evaluate the scope and implications of risk management standards.

Strategic Risk Management

  • Understand the concept of
  • strategy risk and various types of strategy risk.
  • Be able to review an organisation’s strategy and risk plans.
  • Understand the role of Corporate Social Responsibility and ethics in risk management systems.
  • Understand the development,implementation and role of Business Continuity Planning with regard to corporate strategy.

Responsible Leadership and Governance

  • Understand the key socio-cultural, ethical and moral issues that affect organisations in the current economic environment.
  • Understand the role of leadership to manage strategic and operational risk in the organisation.
  • Understand the importance of corporate governance in organisations.
  • Understand the role and impact of corporate governance in the management of companies.

Organisational and Environmental Risk

  • Understand the effects of risks on business organisations.
  • Understand risk management function in organisations.
  • Be able to prepare an effective risk management plan followed by an environmental screening.
  • Understand risk control techniques.

Risk Analysis and Modelling

  • Understand the concept of operational risk and Basel II model.
  • Understand how to apply risk models to an organisational context.
  • Be able to apply financial models to an organisational context.

Advanced Research Methods

  • Be able to develop research approaches within a risk management context.
  • Be able to critically review literature on a relevant risk management topic.
  • Be able to design research methodologies.
  • Be able to develop a research proposal.

The OTHM Level 7 Diploma in Risk Management is ideally suited for a diverse range of professionals who are seeking to deepen their expertise and advance their careers in the field of risk management. This comprehensive diploma program caters to individuals with various backgrounds, experiences, and career aspirations. Specifically, this course is beneficial for:

  • Risk Managers: Professionals currently working in risk management roles who want to enhance their knowledge, skills, and credentials to excel in their careers. This diploma equips them with advanced techniques and strategies to effectively identify, assess, and manage risks within their organizations.
  • Compliance Officers: Individuals responsible for ensuring that organizations comply with relevant laws, regulations, and standards. This diploma provides them with a thorough understanding of regulatory requirements and governance frameworks, enabling them to mitigate legal and regulatory risks effectively.
  • Internal Auditors: Professionals tasked with evaluating the effectiveness of internal controls and risk management processes. This diploma equips them with the tools and methodologies needed to conduct comprehensive risk assessments and audits, as well as to provide valuable insights and recommendations to improve risk management practices.
  • Consultants: Individuals working in consulting firms or independently who provide expert advice and solutions to organizations seeking to enhance their risk management capabilities. This diploma enhances their credibility and expertise, enabling them to deliver high-quality services and support to their clients.
  • Aspiring Professionals: Individuals looking to enter the field of risk management or transition from related fields such as finance, accounting, auditing, or compliance. This diploma serves as a solid foundation, providing them with the necessary knowledge, skills, and qualifications to pursue rewarding careers in risk management.
  • Executives and Decision-Makers: Business leaders, managers, and executives who are responsible for making strategic decisions and managing organizational risks. This diploma enables them to gain a comprehensive understanding of risk management principles and practices, empowering them to make informed decisions that drive organizational success and resilience.
  • Professionals from Diverse Industries: Individuals working in various industries such as finance, healthcare, construction, manufacturing, energy, and hospitality, where risk management plays a critical role in ensuring operational excellence and sustainability. This diploma equips them with industry-specific knowledge and skills to address unique risk challenges within their respective sectors.
Course Overview

Course Level

Level 7

Course Units

6 mandatory Units


1200 hours


600 hours


6 to 12 Months

Awarding Body

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The OTHM Level 7 Diploma in Risk Management is a prestigious qualification designed to equip individuals with advanced knowledge and skills in identifying, assessing, and managing risks across various organizational contexts.

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. 

Yes, many institutions offer the OTHM Level 7 Diploma in Risk Management through online learning platforms, allowing students to study remotely from anywhere in the world. Online courses offer flexibility and convenience, making them suitable for working professionals and those with busy schedules.

  • Assessment methods typically include written assignments, case studies, projects, presentations, and examinations. These assessments are designed to evaluate students’ understanding of key concepts and their ability to apply them in real-world scenarios.

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