Level 5 Award
in Risk Management and Organisations
Level 5 Award could transfer 20 credits and full tuition fees to Level 5 Diploma programs of SIMI Swiss.
Level 5 Award in Risk Management and Organisations
The aim of this award is to guide learners in developing risk profiles and identifying risk management strategies through selected case studies. These case studies, available online, will illustrate how organizations approach change. The course material will be closely linked to creativity and innovation.
Could transfer 20 credits and full tuition fee to Level 5 Diploma in Business Management of SIMI Swiss.
Learning Outcomes:
1. Review organisations risk tolerance in different environments.
- 1.1 Identify and evaluate different business environments and the likely risks of those environments.
- 1.2 Provide examples of organisation’s tolerance to risk taking and evaluate how organisations can measure tolerance.
2. Develop skills to identify and assess
the risk profiles of organisations.
- 2.1 Produce a risk profile for an organisation.
- 2.2 Review and comment on risk profiles of organisations in different industries.
- 2.3 Discuss enterprise wide risk and the benefits and drawbacks of such an approach.
3. Investigate how innovation can be
used to reduce risk aversion in growing
organisations
- 3.1 Analyse the possible risks of innovation in an organisation.
- 3.2. Produce examples of how to manage innovation risk so that innovation can be used to create advantage.
Topics:
Research problem identification
Course Coverage
- Understanding the research context; research problem identification for investigation; research topic identification; the conceptualisation of a research problem; developing insights; feasibility and possibilities; the search for literatures; setting initial components e.g. working plan, research goals, time table and management, research process, monitoring, evaluation and revision.
Research problem selection and justification: rationale of the proposed research
Course Coverage:
- Appropriateness; reasons for selection of a specific research topic; skills, capacities and knowledge requirement identification; research question and hypothesis formulation; rationale elaboration; essential date setting; review and monitoring process.
Develop appropriate research objectives and justification: background, aims and objectives selection
Course Coverage:
- Reasons for these selections; length of the research; skills, capacities and knowledge enhancement e.g. literature review, methodology, research type selection, data collection and analysis, drawing a successful conclusion; critical knowledge on appropriate research methods e.g. qualitative and quantitative, statistical research tools; research validity, reliability and ethical issues; critical justification of these selections.
Literature review as relevant to the research problem and objectives
Course Coverage:
- Definition, features and ways to do literature review; the generic selection of literature; spotting the sources of literature; justification of an appropriate selection of literature.
To compare different theories and authors
Course Coverage:
- The selection of appropriate theories for the research; conceptualisation of the research phenomenon; including relevant theories and the justification of choices; the strength and credentials of relevant theoretical framework; the understanding and interpretation; developing the theoretical framework.
Critical review of the key literature for inclusion in a research proposal while focusing on concepts and methodologies followed by other
Course Coverage
- Knowledge on acceptability, reliability and validity of literature; the reference style of literature; key literature type selection e.g. journals, books, papers, conference papers; source of literature: library searches, internet, both online and offline publication media.
Research methodologies and relationship with research objectives
Course Coverage:
- Advanced knowledge on research methodologies; action research; intervention research; non intervention research.
Design and choose an appropriate methodology in terms of the research objectives
Course Coverage:
- Designing a research using the most appropriate method; research question or hypothesis test; reliability and validity test; ethical and access issues consideration; quantitative methodology; questionnaire design and distribution; conducting interviews; surveys; qualitative methodology; interviews; observation; case studies.
Justify the methodology selected in terms of the research objectives
Course Coverage:
- Critical knowledge on questions on the questionnaire, interviewee selection, data verification, bias, time and place selection, interview recording; justification of using any selected research tool.
Evaluate and use techniques for use with quantitative and qualitative data
Course Coverage:
- Types of data presentation and analysis; qualitative data analysis e.g. techniques of categorisation and coding; transcripts interpretation, data analysis process, data analysis, data presentation, the use of information technologies, quantitative data analysis e.g. value analysis, coding, data analysis manually and electronically;
Indicative reading list
- Hutter, B. and Power, M. (eds.) (2005) Organisational Encounters with Risk, Cambridge: Cambridge University Press
- Slack, N., Brandon-Jones A., Johnson, R., (2014). Operations Management, Chapter 9, Pearson.
- Learners may also wish to download A Risk Management Standard from the Institute of Risk Management available from https://www.theirm.org/media/886059/ARMS_2002_IRM.pdf
- Borodzicz, E. P. (2005) Risk, crisis and security management: John Wiley and Sons. Chichester.
- Drucker, P. (1974), Management: Tasks, Responsibilities, Practices, Heinemann Professional Publishing, London
- Christensen, C., (1997), The Innovator’s Dilemma, Harvard Business School Press.
- Hyndman R., Athana-sopou-los, G., Forecasting: Principles and Practice (2013). Texts (Available for free online or in print). Available online at: https://www.otexts.org/fpp
- Smith, D. & Elliott, D. (2006) Key readings in crisis management: systems and structures for prevention and recovery Routledge, London
Entry requirements
- Learners must be over 18 years old.
- Relevant Level 4 Diploma or equivalent qualification
- Or GCE Advanced level in 3 subjects or equivalent qualification.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 5.5; Reading and Writing must be at 5.5 or equivalent
- Or A minimum Pearson Test of English Academic (PTE Academic) score of 51 or equivalent
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
After graduating with Level 5 Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from SIMI Swiss for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee when participating in the program University Partners.
The SIMI Swiss’ Level 5 Award means:
The SIMI Swiss Level 5 Award is a qualification at the higher undergraduate level and is equivalent to the following:
- Level 5 Certificate of the Regulated Qualification Framework (RQF) in the UK
- Level 8 Certificate of the Scottish Credit and Qualifications Framework (SCQF)
- Level 5 Certificate of the Credit and Qualifications Framework for Wales (CQFW)
- Level 5 Certificate of the European Qualifications Framework (EQF)
- Level 6 Certificate of the Australian Qualifications Framework (AQF)
- Level 5 Certificate of the ASEAN Qualifications Reference Framework (AQRF)
- Level 6 Certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss and/or University Partners academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Level 5 Diploma program. Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the Level 5 Diploma program, students who have graduated 1 Level 5 Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements.
- Email your application to support@simiswiss.ch with all the required documents. You could download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Live Class (Option)
- Full online videos
- e-Books
- Self study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer
- Accreditation & Recognition certified from University Partners
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when becoming University Partners' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid.
SWISS MICRO CREDENTIAL
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If you interested this micro credential course, please feel free to contact with us! Please note that this program is a not for profit and learning with full online model.