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Risk Management Course (Level 1)

Course Overview

Risk Management Course

The key to success in almost every area of business lies in both understanding and knowing how to effectively manage risk. Though often presumed to be something negative in nature, risks represent one of the most important elements of all when it comes to driving a business forward. It is often said that without risk there can be no reward – something that rings very true in the business world. From investments to new products to re-branding efforts and right through to mergers and buyouts, these and most other projects and ventures all come with their own risks. It is simply a case of knowing how to identify and manage risks, in order to ensure that every risk is in fact transformed into a valuable opportunity.

Brentwood Open Learning College is delighted to offer a collection of risk management courses online, 100% home study. Level 1 risk management course, could be just the course to help steer your career in a highly-rewarding direction. We have always believed that adult education should be as open, enjoyable and affordable as possible, in order to benefit anyone striving for self-improvement. With no strings attached and no time restrictions, you are free to enrol from anywhere in the world and study in your free time. We include every required course material as standard and our dedicated customer care team is on-hand to help, anytime.

Essential industry insights and critical core teachings are delivered over three in-depth modules – ultimately building a strong entry-level understanding of the profession. You’ll learn about the roles, responsibilities and value of risk managers, how risks are classified, tools for assisting with risk management and so much more.

Upon completion, you will have the opportunity to apply for an accredited and recognised ABC Awards certificate to enhance your CV and employment prospects.

Course Syllabus

Course Content

The risk management course (level 1) is divided into three modules:

Module 1 - Basics of Risk Management

The opening course module focuses on risk management as a modern business concept, walking candidates through what it is that the risk manager does and why their role is of critical importance. The purpose of risk management in a business setting is explored, along with the recent evolution of the concept and how certain risk management tools can be put to effective use.

Module 2 - Types of Risk

Specific classifications and types of risk are investigated in greater depth in Module 2, along with their respective effects on the modern business. Risk types introduced and discussed include financial risk, market risk, liquidity risk, economic risk, technological risk, political risk and more.

Module 3 - Introduction to Enterprise Risk Management

In the third and final course module, the benefits and objectives of enterprise risk management are broken down and explored at length. The true value of strategic ERM is discussed, along with how the professional risk manager contributes to the cause and why it is necessary for businesses intending to grow and thrive to take certain risks on a routine basis.

Fee & Payment Options

Paying in Instalments: £180(Interest FREE Instalments)

Deposit: £40

No of Instalments: 10

Each Instalment: £14

Pay in Full: (£40 Discount) £140


At the end of this course successful learners will receive a Certificate of Achievementfrom ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme.  This means that Brentwood open learning college has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 1 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner. 

The course itself has been designed by Brentwood open learning college to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met.  A review of courses is carried out as part of the endorsement process.

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

Career Path

This entry-level risk management course helps lay a strong foundation for further studies at an advanced level, though may also prove helpful in furthering career prospects. For jobseekers and existing members of the workforce alike, a recognised qualification can make all the difference. Risk management professionals work in a variety of contexts and settings, with salaries beginning around the £20,000 mark. 

Who Should Take This Course?
  • Newcomers interested in studying entry-level risk management
  • Business owners, managers and entrepreneurs
  • Project managers and team leaders with no specific risk training
  • Existing workers in pursuit of promotion in a business setting
  • Jobseekers looking too improve their CVs with a recognised qualification

Related Links:

Certificate in Risk Management (Level 2)

Certificate in Construction Management (Level 3)

Course Level
Level 1

Awarding Body
ABC Awards

Study Method
Online Leaning

Course Duration
80 Hours Approx.

Entry Requirements
There are no particular entrty requirements

Start Date

  • An entry-level overview of risk management
  • Explore the basics of the risk management profession
  • Learn the value and importance of enterprise risk management
  • Study the various types of risk
  • Begin working toward an outstanding life-long career

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