Certificate

Certificate in Enterprise Risk Management

Develop the confidence to identify, assess, report and support the management of organisational risks through a structured OCRM® professional certificate in enterprise risk management.

Explain enterprise risk management as an integrated organisational capability

Apply the ERM process to objectives, risks and decisions

Describe governance, ownership and accountability in ERM

Online study. 6 modules. Written assignments. 1 year access course access from enrolment confirmation.

Developed by risk management professionals

Aligned to international standards & good practice

Trusted by risk professionals worldwide

Is this certificate right for you?

See who it is designed for, what you will gain, and how the learning can be applied in practical enterprise risk management activity.

Who Should Enrol

This course is suitable for professionals who need a structured foundation in enterprise risk management, including:

Risk, compliance and governance practitioners
Internal audit and assurance professionals
Managers with departmental, operational or project risk responsibilities
Public, private and third-sector professionals involved in risk reporting
Professionals moving into enterprise risk, governance or assurance roles
Team leaders and functional managers who contribute to risk-informed decisions
Early-to-mid career professionals seeking a structured entry point into risk management

By Completion, You Will Be Able To

Understand

•Explain enterprise risk management as an integrated organisational capability
•Apply the ERM process to objectives, risks and decisions

Apply

•Describe governance, ownership and accountability in ERM
•Apply practical risk identification and assessment techniques

Progress

•Produce basic ERM artefacts suitable for management reporting
•Interpret how ERM practice relates to ISO 31000 and COSO ERM concepts

Course Overview

The Certificate in Enterprise Risk Management provides a structured introduction to ERM as a practical organisational discipline. It is designed for learners who need to understand how risk connects to organisational objectives, decisions, controls, reporting and accountability.

Learners explore the ERM process, risk governance, ownership, risk appetite, identification, assessment, treatment, monitoring, reporting and the role of assurance at a foundation level.

This certificate is suitable for professionals who need a practical foundation in risk management without advanced technical, quantitative or specialist modelling requirements. It supports practical ERM capability for workplace application in governance, compliance, audit, operations, project management and wider business roles.

Practical Application

Learners apply course concepts through workplace-style tasks, structured risk analysis and practical documentation exercises. The course is designed to support usable professional application rather than purely theoretical understanding.

Practical activities include developing or interpreting:
Risk identification notes
Risk assessment tables
Basic organisational risk register entries
Risk appetite and tolerance considerations
Governance, ownership and escalation mapping
Risk treatment and control summaries
Management-level risk reporting summaries

Learners also complete an applied organisational risk project, helping them connect ERM concepts with realistic workplace practice and support more confident participation in risk discussions, reporting and decision-making.

Programme, Assessment and Progression

Explore the programme content, assessment approach, progression pathway and the standards that support the quality and integrity of your qualification.

1. Programme Overview & Details

Comprehensive information and structured overview of the course details.

Learners are introduced to ERM as an integrated organisational capability and explore how risk is managed end-to-end through objectives, identification, assessment, treatment, monitoring and reporting. The module builds a clear foundation for understanding how ERM works across different types of organisations.

This module explores how risk responsibilities are assigned, supported, reviewed and independently checked across an organisation. Learners consider business ownership, oversight functions and independent assurance, helping them understand who owns risk, who supports risk management activity and who provides independent checks.

Learners examine how risk appetite and tolerance guide decisions, escalation and management action. The module shows how values, appetite statements, tolerances, indicators and actions connect in practice, helping learners understand how appetite supports everyday risk-based decisions.

This module develops practical understanding of how risks are identified, described, assessed and prioritised. Learners consider objectives, risk events, causes, impacts, likelihood, impact and priority, helping them turn uncertainty into structured risk information suitable for review and reporting.

Learners explore what organisations do about risk after assessment. The module introduces risk treatment options, controls, residual risk, monitoring and basic assurance awareness, helping learners understand how risks may be avoided, reduced, shared or accepted.

This module explains how risk management remains active, current and useful over time. Learners examine indicators, review cycles, escalation, actions, reporting and learning, helping them understand how ERM supports ongoing improvement and management-level decision-making.

2. Assessment & Award

Assessment is based on structured written assignments and an applied organisational risk project. Learners are expected to demonstrate understanding of enterprise risk management concepts and apply them to realistic organisational scenarios.

Submissions are marked against defined assessment criteria and are subject to quality assurance review processes.

On successful completion, learners receive the OCRM® Certificate in Enterprise Risk Management.

3. Progression & Membership Pathway

Progression & Membership Pathway

Successful completion may support progression to further OCRM® qualifications, including diploma-level study in enterprise and operational risk management, financial services risk management, cyber and information risk, organisational resilience or related governance disciplines.

Successful completion may also support an application for Practitioner Member of OCRM® status and the PCRM designation, subject to OCRM® membership criteria, experience requirements and approval at the time of application.

This gives learners a structured route from foundation study into further professional development, qualification progression and potential OCRM® membership.

This creates a structured route from foundation study into further professional development and potential OCRM® membership.

4. Standards & Credential Integrity

OCRM® qualifications are supported by:

Defined assessment criteria and quality assurance review

Academic integrity and professional conduct expectations

The OCRM® Code of Ethics and professional standards

Credential verification for learners, employers and stakeholders

OCRM® qualifications are supported by defined assessment criteria, quality assurance review processes, academic integrity expectations, professional conduct standards and credential verification.

Learners are expected to submit original work and comply with the OCRM® Code of Ethics. The qualification is designed with reference to recognised enterprise risk management concepts, including ISO 31000 and COSO ERM.

Credential verification is available through the OCRM® verification process, supporting transparency for learners, employers and professional stakeholders.

This course is delivered online with 1 year access from enrolment confirmation. It is designed for flexible professional study and can be completed alongside work commitments.

To enrol, sign in with a learner account and follow the enrolment steps shown on the course page.

By enrolling, learners agree to the OCRM® Code of Ethics, academic integrity standards and applicable course terms.

View Governance Framework Verify a Credential

Questions before you enrol?

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Frequently Asked Questions

Find answers to common questions about delivery, access, assessment, award and progression.

Yes, the course is delivered 100% online through our advanced learning management system (LMS). You can access your modules, learning materials, and submit assessments entirely online at your own pace from anywhere in the world.

You will have full access to the course materials and learning platform for 1 year access from the date of your enrolment confirmation. This provides ample time to complete the modules and assignments at a comfortable, self-paced speed.

The course is assessed through applied written assignments for each module. These assignments are designed to test your practical understanding of risk management concepts and their application to real-world scenarios. There are no traditional exams.

Upon successful completion of all modules and assessments, you will be awarded the official OCRM® Certificate in Enterprise Risk Management, reflecting your professional credential.

No prior risk management experience is strictly required to enrol. The programme starts with foundational concepts and builds up to advanced practical methods, making it suitable for both aspiring risk professionals and managers looking to formalise their skills.

Yes! Successful completion of this qualification provides a direct pathway for progression into further professional qualifications (such as ACRM or MCRM) and supports your eligibility for active professional membership tiers within OCRM.

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Certificate in Enterprise Risk Management

£395Online1 year access access

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By enrolling, you agree to the OCRM® Code of Ethics, academic integrity standards and applicable course terms.

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