Skip to main content
DRM Diploma

Diploma In Risk Management

Diploma In Risk Management (DRM) is a 1-year diploma course in School of Business, studied online, examined by Finstock Evarsity College. The full fee is KES 117,000.

22 learners enrolled

Overview

Diploma in risk management

Course overview

Diploma in risk management is an accredited online course offered at Finstock Evarsity College which takes a duration of 12 months and is examined by Finstock Evarsity College. A certificate of completion is issued upon completion of this course.

Diploma in risk management course equips learners to identify perils and hazards and improve their 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. This 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.

Entry requirement

Grade C-

Mode of Delivery

Home and/or office-based media employing a variety of self-instructional electronic and online self-study materials, such as; written self-instructional study modules, online interactive devices and self-tests, cloud-based content, videos of lectures mediated technical learning materials e.g., audiovisual and e-learning materials

Program Objectives

  • By the end of this program the learner will be able to;
  • Define risk from a wider scope of perspectives
  • Describe the process that the insurer goes through when insuring an exposure
  • Describe the basic requirements and characteristics of insurance contracts
  • State and define the most common sources of liability in society
  • Define the risks that all individual face throughout the life cycle

Career opportunities

  • Risk Control Consultant.
  • Risk Management Consultant.
  • Risk Manager.
  • Business Risk Manager
  • Risk Analyst.
  • Insurance Analyst.
  • Loss Control Representative.
  • Risk Consultant.

Reasons why you should pursue this course

  • To enjoy the exciting career
  • To secure your future opportunities
  • To have a Legislative understanding
  • To become an entrepreneur

Why Risk management important

  • It creates a safe working environment for all staff
  • It prepares you for future risks
  • It reduces company liability
  • It helps you to see risks that are not apparent

Tags

Diploma in Risk Management, Risk, insure, certificate in risk management Risk manager insurance, Online courses, accredited online courses, online course with downloadable certificates, freemium courses, short courses,  professional development courses, Certificate in International Relations and Diplomacy, Diploma and Certificate Courses, Marketable online courses, affordable online courses, short online courses with certificate in Kenya, free short online courses with certificate in Kenya, free online courses in Kenya, online certificate courses in Kenya

What you will study

1st year, 1st trimester

  1. DRM101 General Introduction To Risk Management
  2. DRM102 Risk Landscape And Taxonomy
  3. DRM103 Governance Of Risk In Financial Institution
  4. DRM104 Risk By Risk-identification, Measurement And Management
  5. DRM105 Credit Risk Management
  6. DRM106 Interest Rate Risk Management

1st year, 2nd trimester

  1. DRM201 Liquidity Risk Management
  2. DRM202 Operational Risk Management
  3. DRM203 Foreign Exchange Rate Risk Management
  4. DRM204 Risk Management Policy Framework
  5. DRM205 Wrap Up, Systems And Outlook
  6. DRM206 Reputation Risk

1st year, 3rd trimester

  1. DRM301 Enterprise Risk Management
  2. DRM302 Cyber Risk
  3. DRM303 Emerging Risk
  4. DRM304 Intellectual Property
  5. DRM305 Disaster Preparedness
  6. DRM306 Disaster Recovery

Fees

ItemAmount
RegistrationKES 1,000
CertificationKES 1,000
AdministrationKES 10,000
Internal examsKES 15,000
TuitionKES 90,000
TotalKES 117,000

Paying in instalments

All fees are payable in a lump sum or in instalments. The course runs over 3 trimesters, and each trimester's fee can be paid in 3 instalments.

TrimesterTotal per trimester
Trimester 1KES 39,000 ($ 390)
Trimester 2KES 39,000 ($ 390)
Trimester 3KES 39,000 ($ 390)
TotalKES 117,000 ($ 1,170)

The trimester fee of KES 39,000 ($ 390) is payable in 3 instalments of KES 13,000 ($ 130).

Requirements

Entry requirements

C-

Practical requirements

The cost of practicals, internships or industrial requirements is KES 30,000 ($ 300) and only applies to courses that require practicals.

Good to know

  • All Fees are payable in installements, for details check FAQs.
  • Digital (downloadable) certificates are available. Printing and shipping of hardcopy certificate can be done at a cost of KES 2,000 ($ 20).

Instructors

  • JAMES MBURU KIMANI

Frequently asked questions

It provides detailed training in identifying, analysing, evaluating and managing organisational risks.

Subjects may include enterprise risk management, internal controls, compliance, risk assessment and business continuity.

Graduates can explore roles in risk management support, compliance, insurance operations and risk analysis, depending on experience and employer requirements.

It suits individuals seeking comprehensive knowledge of organisational risk and business operations.

Learners develop analytical, research, reporting, planning and decision-making skills.

It helps organisations identify vulnerabilities, improve planning, manage uncertainty and reduce potential losses.

Requirements vary by institution, and some programmes may require relevant prior qualifications.

Further study may be possible, subject to the receiving institution's admission criteria.

Many programmes use assignments or case studies, although the exact format depends on the institution.

Financial services, government, healthcare, construction, manufacturing and private enterprises employ people with relevant risk management skills.

Reviews

No reviews yet. Only learners taking the course can review it.

Ready to start Diploma In Risk Management?

Enrol online in a few minutes, or talk to an advisor about fees, intakes and payment plans.

Accredited by and working with

Hello, how can we help?

Choose an agent to start a WhatsApp chat.

WhatsApp Agent 1Online (opens in a new tab)