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Diploma in Risk Management

This free online course will give you a full and comprehensive run through of risk management procedures and practices.

Publisher: Saylor Academy
This free online risk management course will help you identify perils and hazards and improve your skills in managing risk. Risk management is essential for the success of every business as it helps identify, assess, and manage financial problems at every turn. The course will teach you why there is a need for risk management tools as well as the main steps of risk management that every business professional needs to know.
Diploma in Risk Management
  • Duration

    10-15 Hours
  • Students

    24,380
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This course will first introduce you to risk management. You will learn the importance of risk management methodology and risk management tools following the 2008 financial collapse. You will study the ideal requisites for insurability, the types of insurance and insurers, and the essential elements of insurance contracts. The course will cover the criteria required for participants in a contract, the principle of indemnity, and the concepts of insurable interest and subrogation.

You will then study the classification of real and personal property and its effect on risk exposure and valuation. The course will discuss the five categories of e-commerce property risk, liability and legal ramifications, and the factors and solutions pertaining to global risk exposure. You will learn the most common source of liability with regard to activities/conduct and the benefits that are applicable to survivors of deceased insured workers. You will also study the six main life insurance riders and the benefits of group life insurance.

Risk is part of our daily lives and businesses. Whether you are driving a car or starting a business, the risk of damage and injury is there. Learning how to manage risk and having the right insurance measures in place will make it easier for you when things go wrong. This Diploma in Risk Management course will help you identify and explore potential risks in organizations so make sure to check it out and start learning how to control, prevent, and reduce losses that can result from risk.

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