In an increasingly volatile (VUCA) world, identifying and assessing risk, and the ability to implement a reliable risk management strategy is critical.
This short course focuses on operational risk management and covers the ISO 31000 – International Standards of Operational Risk Management, as well as risk identification, evaluation, control, mitigation, financing, monitoring and reporting. You will walk away with competencies in risk management that will equip you to identify and manage internal and external risk exposures within any organisation.
This course contains 4 units and can be completed in 12 weeks at the recommended pace of 8 hours per week:
Unit 1: Introduction to Risk Management
Unit 2: Risk Management Framework
Unit 3: Operational Risk Management Structure
Unit 4: Risk Management Process
With our structured approach to teaching, you will be able to acquire valuable knowledge and skills with ease. All courses include an orientation week, assessment and feedback opportunities as well as guided lesson plans from your course lecturer every week.
This online course in Operational Risk Management is for middle and senior management from various industries. Managers who want to upskill themselves on potential areas of risk in their departments or the organisation as a whole. Business owners will also find this course very relevant in establishing a sound understanding of risk and how it can impact business decisions, profitability, and the overall success of the business.
Organisations operate in an uncertain and volatile environment that requires an understanding of how to manage risk. Managers manage people, processes, systems (technology), and external events daily. Decision-making in an organisation should always contain an element of risk identification, evaluation, classification, and possible response strategies.
Not identifying and managing risk can negatively influence a brand’s reputation, as well as have huge financial implications for a business. Considering the importance of risk management to organisations, iQ Academy offers this short course to empower people at various levels in organisations, and in all industries. This course will assist you to measure risk in many key areas, whether it’s a business you own or work for. By the end, you will understand how to reduce business risk and avoid any unwanted impact or legal challenges.
In order to secure a spot in any cohort, students are required to first successfully complete the application process and register by the cohort registration deadline. Registration includes documentation submission and payment of the course fee, there are no registration fees.
Fees payable upon registration will differ depending on the payment option you choose, your Enrolment Consultant will explain this in detail during the application process.
At iQ Academy all of our programmes are offered via distance education. Depending on the course you choose you’ll either be studying fully online or with textbooks and online support.
Online-only courses: All course material is available online and can be downloaded, there are no textbooks.
Internet-supported courses with textbooks: You will receive textbooks via courier and the course is supported by compulsory online learning activities. Your course material will also be available online.
Teaching and learning will take place online whichever study method you choose. That means that you will need to partake in online learning activities and classes. For more information on each study method, enquire now.
Our short course programmes are courses that can be completed over several weeks or months, depending on the course you enrol for. Short courses are designed to complement a working professionals lifestyle through flexible distance learning. Assessments are done through the submission of assignments, no exams are required.
Our curricula are developed by industry experts and are internally quality-assured and approved by our Academic Board. Our short courses are institutional programmes and are non-credit bearing. For more information on our institutional registration and accreditation status view our accreditations.
Short courses are typically non-credit-bearing programmes, affording students the opportunity to build their professional credentials without the higher cost and time associated with studying for a university degree or qualification.
There are no written examinations for this course. As part of your learning, you are encouraged to complete short quizzes throughout each module, which help you build and test knowledge. You will be required to complete and submit one summative assessment at the end of each module. To meet the requirement for this course, you will have to pass the final summative assessment for each module, before you can get certified.
Once you have completed your course, you will get an iQ Academy Short Course Certificate. Your certificate demonstrates that you have acquired industry-relevant skills which can enhance your promotional and employment opportunities. In order to qualify for a certificate you will need to:
All short courses are lecture-led. The mode of delivery is distance education and all instruction takes place on our student portal, iCan. Your course lecturer will prepare a teaching and learning plan for the duration of the course as well as lesson plans for each week. Students should work through the learning material independently, according to the course schedule in the iCan Calendar. Support is available for academic and technical-related queries on iCan.
Your lecturer will also host regular online classes. The content covered will be in line with the course schedule and weekly lesson plan. Sticking to the schedules provided will ensure you don’t miss out on any opportunities to learn and ask questions. In between classes you can engage with your lecturer directly on iCan or you can discuss the learning content with other students in the discussion forums, which are set up per module for your convenience.
Our short courses integrate interactive media with e-learning activities as well as traditional didactic components such as written notes. There are also opportunities for collaborative learning through discussion forums. The following learning activities form part of the overall learning path:
Multimedia activities such as video clips and podcasts
Online announcements of activities and assignment submission
Live online lectures
Assessment activities & compulsory submission of formative and summative assessments per module
Exlusive new offer
Pay your course fee upfront and enjoy great benefits!
Save 10% on the total course fee
Get 2GB of free data, every month, for 12 months
Pay your course fee upfront and enjoy great benefits
Save 10% on the total course fee
Get 2GB of free monthly data for 12 months
Offer valid from 01 October 2022 – 28 February 2023. T&C’s apply.