The LICQual Level 6 International Diploma in Risk Management is a globally recognized qualification designed for professionals who want to develop advanced knowledge and expertise in identifying, assessing, and controlling risks across industries. This assignment-based diploma from the UK provides learners with practical tools and strategic approaches to manage risk effectively in line with international standards.
By completing this program, you will gain a strong foundation in enterprise risk management, regulatory compliance, and organizational resilience, making you highly valuable in today’s dynamic and uncertain business environment. Whether you are already working in risk management, compliance, health and safety, or looking to advance into leadership roles, this diploma offers the skills and credibility to move your career forward.
The LICQual Level 6 International Diploma in Risk Management equips learners with in-depth knowledge of risk frameworks, governance, and best practices for managing operational, financial, and strategic risks. The course emphasizes practical application, enabling learners to conduct risk assessments, implement mitigation plans, and align risk strategies with organizational objectives.
Being assignment-based, it provides flexibility for working professionals to complete the qualification without attending traditional exams. The program also enhances decision-making and leadership skills, preparing graduates for senior positions in risk management, compliance, and corporate governance. Upon successful completion, learners can demonstrate advanced competencies that are recognized by employers worldwide, strengthening both professional growth and organizational performance.
LICQual Level 6 International Diploma in Risk Management
The Study Units of LICQual Level 6 International Diploma in Risk Management are as :
| Unit Ref# | Unit Title | Credit | GLH |
| LICQ2200015-1 | Risk Management: An introduction and Overview | 20 | 80 |
| LICQ2200015-2 | Corporate Culture and Risk Management | 20 | 80 |
| LICQ2200015-3 | Risk Identification Methodologies | 20 | 80 |
| LICQ2200015-4 | Incidents Prevention and Risk Control | 20 | 80 |
| LICQ2200015-5 | Risk Assessment and Legal Compliance | 20 | 80 |
| LICQ2200015-6 | Responsible Governance and Performance Measurement | 20 | 80 |
GLH (Guided Learning Hours) and TQT (Total Qualification Time) are terms commonly used in vocational qualifications to help define the amount of time a learner is expected to spend on their studies.
1. GLH (Guided Learning Hours)
GLH refers to the number of hours a learner spends being directly taught, supervised, or supported during their course. This includes the time spent in activities such as:
- Classroom instruction
- Practical workshops
- One-on-one tutoring or mentoring sessions
- Online learning sessions with tutor support
In other words, GLH represents the time that learners are actively engaged with their instructors or learning activities.
2. TQT (Total Qualification Time)
TQT represents the total amount of time a learner is expected to invest in completing a qualification, including:
- GLH (Guided Learning Hours): Time spent on direct learning, as explained above.
- Self-Directed Learning: This includes time spent on independent study, research, assignment completion, preparation for exams, and any other work the learner does outside of direct teaching hours.
TQT is a broader measure that includes all the time required to achieve the qualification. It helps learners and employers understand the overall commitment required for the qualification.
Key Differences Between GLH and TQT:
- GLH focuses on direct learning with guidance or supervision.
- TQT includes GLH as well as independent study time and other learning-related activities.
Example:
If a qualification has a TQT of 600 hours and a GLH of 250 hours, it means the learner should spend 250 hours in direct learning (classroom, online, or tutor-led sessions) and 350 hours on independent study or research.
By the end of the LICQual Level 6 International Diploma in Risk Management, learners will be able to:
1. Risk Management: An Introduction and Overview
By the end of this unit, learners will be able to:
- Explain the fundamental principles, concepts, and scope of risk management.
- Assess the role of risk management in achieving organizational objectives and sustainability.
- Differentiate between various types of risks (strategic, operational, financial, compliance).
- Evaluate the importance of integrating risk management into corporate decision-making.
2. Corporate Culture and Risk Management
By the end of this unit, learners will be able to:
- Analyze the influence of corporate culture on risk attitudes and organizational behavior.
- Evaluate leadership roles in shaping effective risk management practices.
- Develop strategies to align risk culture with organizational goals.
- Promote accountability and ethical behavior in managing risks.
3. Risk Identification Methodologies
By the end of this unit, learners will be able to:
- Apply a range of internationally recognized risk identification tools and techniques.
- Assess internal and external factors that influence risk exposure.
- Design processes to systematically identify potential threats and opportunities.
- Evaluate the reliability and limitations of risk identification methodologies.
4. Incidents Prevention and Risk Control
By the end of this unit, learners will be able to:
- Develop proactive measures to prevent incidents and minimize losses.
- Implement effective risk control techniques in line with best practices.
- Assess the effectiveness of existing control measures and recommend improvements.
- Create risk response strategies that ensure continuity and resilience.
5. Risk Assessment and Legal Compliance
By the end of this unit, learners will be able to:
- Conduct comprehensive risk assessments using qualitative and quantitative methods.
- Interpret relevant legal and regulatory frameworks impacting risk management.
- Ensure compliance with international standards and industry requirements.
- Integrate risk assessment findings into organizational risk registers and action plans.
6. Responsible Governance and Performance Measurement
By the end of this unit, learners will be able to:
- Analyze the role of governance frameworks in effective risk management.
- Evaluate performance measurement tools for monitoring risk management effectiveness.
- Develop reporting mechanisms that enhance transparency and accountability.
- Recommend governance improvements to strengthen organizational resilience.
1. Globally Recognized Qualification
- Gain an internationally respected diploma accredited in the UK.
- Enhance your career opportunities across multiple industries worldwide.
2. Advanced Risk Management Expertise
- Develop in-depth knowledge of risk identification, assessment, control, and prevention.
- Learn to apply international frameworks and best practices in real-world scenarios.
3. Career Growth and Employability
- Strengthen your professional profile for senior roles in risk management, compliance, governance, and corporate leadership.
- Increase your employability in sectors such as finance, construction, energy, healthcare, and more.
4. Flexible, Assignment-Based Learning
- Complete the diploma through assignments without traditional examinations.
- Balance your professional commitments while advancing your qualifications.
5. Leadership and Decision-Making Skills
- Improve your ability to make informed decisions under uncertainty.
- Gain leadership skills to shape corporate culture and promote risk-aware strategies.
6. Compliance and Governance Knowledge
- Understand and apply international legal and regulatory requirements.
- Strengthen organizational governance, accountability, and resilience.
7. Practical and Strategic Application
- Acquire skills to design effective risk management systems within organizations.
- Align risk management strategies with business objectives for sustainable growth.
Ideal Learners for LICQual Level 6 International Diploma in Risk Management
1. Risk Management Professionals
- Individuals already working in risk management roles who want to advance their expertise.
- Professionals seeking internationally recognized qualifications to progress into senior positions.
2. Health, Safety, and Compliance Officers
- Practitioners responsible for maintaining workplace safety and regulatory compliance.
- Those aiming to strengthen their knowledge of legal frameworks and risk assessment practices.
3. Corporate Leaders and Managers
- Business leaders and department heads who need to integrate risk strategies into organizational planning.
- Managers seeking to improve decision-making, governance, and resilience within their teams.
4. Finance and Audit Specialists
- Professionals involved in financial risk, auditing, and corporate governance.
- Learners looking to align risk management with financial stability and operational performance.
5. Career Changers and Aspiring Specialists
- Individuals aspiring to build a career in risk management, compliance, or governance.
- Professionals from other industries who wish to transition into high-demand risk management roles.
6. Consultants and Advisors
- Independent consultants aiming to provide expert guidance in enterprise risk management.
- Advisors seeking to expand their services with an advanced international qualification.
Entry Requirements
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Qualification Process
Qualification Process for the LICQual Level 6 International Diploma in Risk Management
- Self-Assessment:
Begin by evaluating your eligibility to ensure you meet the qualification requirements, including work experience, knowledge, and language proficiency. - Registration:
Complete your registration by submitting the required documents, including a scanned copy of a valid ID, and paying the registration fee. - Induction:
An assessor will conduct an induction to confirm your eligibility for the course and explain the evidence requirements. If you do not meet the criteria, your registration will be canceled, and the fee will be refunded. - Assignmnets & Evidence Submission:
Provide all assignmnets and the necessary evidence based on the assessment criteria outlined in the course. If you are unsure of the required evidence, consult with the assessor for guidance on the type and nature of evidence needed. - Feedback and Revision:
The assessor will review your submitted evidence and provide feedback. Evidence that meets the criteria will be marked as “Criteria Met,” while any gaps will be identified. You will be asked to revise and resubmit if needed. - Competence Evidence:
Submit final evidence demonstrating that all learning outcomes have been met. This evidence will be marked as “Criteria Met” by the assessor once it is satisfactory. - Internal Quality Assurance (IQA):
The Internal Quality Assurance Verifier (IQA) will review your evidence to ensure consistency, quality, and compliance with standards. - External Verification:
The IQA will submit your portfolio to LICQual External Quality Assurance Verifiers (EQA) for final confirmation. The EQA may contact you directly to verify the authenticity of your evidence. - Certification:
Upon successful completion of all checks, LICQual will issue your official certificate, confirming that you have attained the LICQual Level 6 International Diploma in Risk Management.
