Postgraduate Certificate in Internal Auditing and Risk Management

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Postgraduate Certificate in Internal Auditing and Risk Management

Internal Auditing and Risk Management


Designed for professionals seeking to enhance their skills in internal auditing and risk management, this Postgraduate Certificate program equips learners with the knowledge and expertise required to identify and mitigate risks within organizations.


Internal Auditing and Risk Management is a critical component of effective corporate governance, ensuring that businesses operate within a framework of accountability and transparency. The program focuses on developing a deep understanding of internal controls, risk assessment, and audit procedures, enabling learners to contribute to the development of robust risk management strategies.

By completing this program, learners will gain a comprehensive understanding of the principles and practices of internal auditing and risk management, as well as the skills necessary to apply them in a real-world setting.


Whether you're looking to advance your career or transition into a new field, this Postgraduate Certificate in Internal Auditing and Risk Management offers a unique opportunity to develop the expertise and knowledge required to succeed in this critical area.

Internal Auditing is a critical function that ensures an organization's risk management processes are effective and efficient. Our Postgraduate Certificate in Internal Auditing and Risk Management equips you with the skills and knowledge to excel in this field. By studying this course, you'll gain a deep understanding of internal auditing principles, risk management frameworks, and regulatory requirements. You'll also develop essential skills in risk assessment, control design, and audit planning. With this qualification, you'll be well-positioned for a career in internal auditing or related fields, such as risk management or compliance. Career prospects are excellent, with opportunities in finance, healthcare, and government.

Benefits of studying Postgraduate Certificate in Internal Auditing and Risk Management

Postgraduate Certificate in Internal Auditing and Risk Management is a highly sought-after qualification in today's market, particularly in the UK. The demand for skilled professionals in internal auditing and risk management is on the rise, driven by the increasing complexity of business operations and the need for robust governance frameworks. According to a survey by the Institute of Internal Auditors (IIA), the demand for internal auditors in the UK is expected to grow by 10% annually, with the number of job openings projected to reach 15,000 by 2025. Similarly, a report by the Chartered Institute of Risk Management (CIRM) states that the risk management profession is expected to grow by 12% annually, with the number of job openings projected to reach 20,000 by 2025.

Year Demand for Internal Auditors Demand for Risk Managers
2020 8,000 10,000
2025 15,000 20,000

Career opportunities

Below is a partial list of career roles where you can leverage a Postgraduate Certificate in Internal Auditing and Risk Management to advance your professional endeavors.

* Please note: The salary figures presented above serve solely for informational purposes and are subject to variation based on factors including but not limited to experience, location, and industry standards. Actual compensation may deviate from the figures presented herein. It is advisable to undertake further research and seek guidance from pertinent professionals prior to making any career-related decisions relying on the information provided.

Learn key facts about Postgraduate Certificate in Internal Auditing and Risk Management

The Postgraduate Certificate in Internal Auditing and Risk Management is a specialized program designed for professionals seeking to enhance their skills in internal auditing and risk management.
This program is ideal for those working in industries such as finance, healthcare, and government, where internal auditing and risk management are critical functions.
The learning outcomes of this program include developing a deep understanding of internal auditing principles, risk management frameworks, and audit procedures.
Students will also learn how to conduct effective audits, identify and assess risks, and implement risk management strategies.
The duration of the program is typically one year, with students completing coursework and a final project over a period of 12 months.
Industry relevance is high for this program, as internal auditing and risk management are essential functions in many organizations.
The program is designed to equip students with the knowledge and skills required to contribute to the development of effective internal audit and risk management systems.
Graduates of this program can expect to take on senior roles in internal auditing and risk management, or pursue careers in related fields such as consulting and regulatory affairs.
The Postgraduate Certificate in Internal Auditing and Risk Management is a valuable addition to any professional's skillset, offering a competitive edge in the job market.
With its focus on practical skills and industry-relevant knowledge, this program is an excellent choice for those looking to advance their careers in internal auditing and risk management.

Who is Postgraduate Certificate in Internal Auditing and Risk Management for?

Ideal Audience for Postgraduate Certificate in Internal Auditing and Risk Management This course is designed for professionals seeking to enhance their skills in internal auditing and risk management, particularly those working in the UK's finance and accounting sectors.
Career Stage The ideal candidate is likely to be a middle to senior-level professional with 5-10 years of experience in internal auditing, risk management, or a related field.
Industry and Sector The course is particularly relevant to those working in the UK's finance, banking, and insurance sectors, as well as public sector organizations and not-for-profit bodies.
Skills and Knowledge Ideal candidates possess a strong understanding of internal auditing principles, risk management frameworks, and regulatory requirements. They should also have excellent analytical, communication, and problem-solving skills.
Career Outcomes Upon completion of the course, graduates can expect to take on senior roles in internal auditing and risk management, such as Head of Internal Audit or Risk Manager, with average salaries ranging from £60,000 to £90,000 per annum in the UK.

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Course content


• Internal Auditing Principles and Frameworks •
• Risk Assessment and Identification Techniques •
• Risk Management Strategies and Controls •
• Internal Audit Reporting and Communication •
• Governance, Risk, and Compliance (GRC) Frameworks •
• Information Technology (IT) Risk Management •
• Operational Risk Management and Mitigation •
• Compliance and Regulatory Auditing •
• Strategic and Financial Planning for Risk Management


Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements

  • The program operates under an open enrollment framework, devoid of specific entry prerequisites. Individuals demonstrating a sincere interest in the subject matter are cordially invited to participate. Participants must be at least 18 years of age at the commencement of the course.

Fee and payment plans


Duration

1 month
2 months

Course fee

The fee for the programme is as follows:

1 month - GBP £149
2 months - GBP £99 * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

1 month - GBP £149


2 months - GBP £99

Accreditation

This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognized awarding body or regulatory authority.

Continuous Professional Development (CPD)

Continuous professional development (CPD), also known as continuing education, refers to a wide range of learning activities aimed at expanding knowledge, understanding, and practical experience in a specific subject area or professional role. This is a CPD course.
Discover further details about the Postgraduate Certificate in Internal Auditing and Risk Management


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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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