OTHM Level 7 Diploma in Risk Management
Lead Enterprise Risk Management Strategically
Every organization faces risks—financial, operational, strategic, compliance, reputational. But few have leaders who can identify, assess, and manage these risks at an enterprise level. That’s why Chief Risk Officers, Risk Directors, and Senior Risk Managers command premium salaries.
The challenge? These positions require Master’s level qualifications in risk management, not just experience. Organizations need strategists who understand risk frameworks, can communicate with boards, and integrate risk management into business strategy.
The OTHM Level 7 Diploma in Risk Management positions you as a strategic risk professional capable of leading enterprise-wide risk management programs.
OTHM Level 7 Risk Management Overview
Qualification Details:
- Level: RQF Level 7 (Master’s equivalent)
- Credits: 120 postgraduate credits
- Duration: 12-18 months
- Mode: 100% online, flexible
- Assessment: Strategic assignments
- Regulation: Ofqual (UK)
- Recognition: Global
Investment & ROI
| Currency | Course Fee | Monthly* | ROI Timeline |
|---|---|---|---|
| AED | 3,500 AED | 194 AED | 1-3 months |
| USD | $953 USD | $53 USD | 1-3 months |
| INR | ₹79,300 INR | ₹4,405 INR | 1-3 months |
Risk Professional Salaries
| Position | Without Level 7 | With Level 7 | Increase |
|---|---|---|---|
| Risk Manager | AED 20,000 – 25,000 | AED 30,000 – 38,000 | 40-52% |
| Senior Risk Manager | AED 28,000 – 35,000 | AED 40,000 – 52,000 | 42-48% |
| Head of Risk | AED 35,000 – 45,000 | AED 50,000 – 70,000 | 42-55% |
| Chief Risk Officer | AED 50,000 – 65,000 | AED 75,000 – 100,000+ | 45-54% |
Strategic Curriculum
Unit 1: Enterprise Risk Management
- ERM frameworks (COSO, ISO 31000)
- Strategic risk identification
- Risk appetite and tolerance
- Board-level risk reporting
Unit 2: Financial Risk Management
- Market risk analysis
- Credit risk management
- Liquidity risk
- Financial derivatives and hedging
Unit 3: Operational and Project Risk Management
- Operational risk frameworks
- Business continuity planning
- Project risk methodologies
- Supply chain risk
Unit 4: Risk Governance and Compliance
- Corporate governance
- Regulatory compliance
- Risk culture development
- Three lines of defense model
Who Should Enroll?
- Risk managers seeking senior roles
- Compliance officers expanding expertise
- Financial professionals specializing in risk
- Internal auditors moving to risk management
- Project managers adding risk credentials
- Consultants building risk advisory capabilities
Frequently Asked Questions
Yes, widely accepted in UAE banking, insurance, and financial services for risk management positions.
OTHM Level 7 is Master's level academic qualification covering enterprise risk broadly. FRM/PRM are professional certifications focused on financial risk. Both have value; Level 7 provides academic credibility and broader scope.
Yes, designed for working risk professionals. Flexible online format allows study around demanding schedules.
Level 7 provides the academic credential CROs need. Combined with senior risk management experience, it positions you competitively for CRO roles.
Banking, insurance, oil & gas, construction, healthcare, manufacturing, government—any industry needing enterprise risk management.
Career Pathways
Immediate: Senior Risk Manager, Risk Director roles
Short-term: Head of Risk, Chief Risk Officer positions
Long-term: Board risk advisory, Risk consultancy, CRO roles
Your Risk Leadership Journey
Organizations need strategic risk leaders now more than ever. Economic uncertainty, regulatory complexity, and operational challenges demand qualified risk professionals.
Become the risk leader organizations need. Enroll today.
