Postgraduate Diploma in Risk Management

The Postgraduate Diploma in Risk Management (PGDip) is a Level 8 programme designed to equip you with strategic skills for leading risk management in a business context. Accredited by The Institute of Risk Managers (IRMSA), this qualification links to the Certified Risk Management Professional (CRM Prof) designation.  

With specialised electives, you can focus on areas like disaster management, banking, compliance, insurance, or financial risk management, tailoring your expertise to meet industry demands. 

Next Start Date

26 January 2026

Duration

18 Months

NQF Level

8

SAQA ID

118430

Credits

120

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About the Programme

This qualification is designed for individuals aiming to become Organisational or Chief Risk Officers, qualify for IRMSA's Certified Risk Management Professional designation and enhance their skills and knowledge in risk management with a view to enhancing potential career prospects.

The Postgraduate Diploma in Risk Management lays a foundation for understanding risk management and risk-based decision-making and integrating risk strategy with business strategy. Students will learn risk management techniques through context and process exposure, applying foundational principles to practical case studies for analysis and implementation recommendations.

The qualification builds research, report writing, and presentation skills, instilling attributes such as assertiveness, boldness, creativity, devotion, and ethics. It prepares students to become leaders, ensuring they can work collaboratively and integrate risk management into the organisation, making objective and risk-informed decisions.

Programme Structure

  • Fundamentals of Risk Management
  • Corporate Governance and Ethics for Risk Managers
  • Risk Management Integration
  • Risk Management Techniques
  • Risk Management Analysis and Interpretation

Please refer to the factsheet for a detailed breakdown of modules.

  • Compliance Risk Management
  • Insurance Management

* Please note that electives are subject to availability, depending on demand

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Applicants require a relevant NQF 7 qualification (Bachelor degree or Advanced Diploma).

Minimum Admission Requirements

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In addition to the relevant Bachelor’s degree, applicants require a pass in Matric mathematics (higher grade) or a C symbol (standard grade). Post-Matric studies demonstrating required mathematical skills are considered should an appropriate Bachelor's degree not be available.

A detailed CV of the last ten years' employment is required.

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Resources and Support Information

Factsheet

Download our factsheet for everything you need to know about our Postgraduate Diploma in Risk Management. 

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Timetable

Explore our programme schedule to effectively plan your Milpark Education journey.

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Fees and Payment Terms

Explore a detailed fees breakdown for the Postgraduate Diploma in Risk Management to plan your career investment.

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Technology Requirements

Ensure you're prepared with the necessary tech requirements to optimise your online learning experience.

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RPL Requirements

Find out more about being admitted via the RPL route here.

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Immersive Online Learning

IO Learning is a guided, flexible digital experience designed to foster deeper learning and meaningful connection. Through scheduled sessions, interactive content, and collaborative activities, students engage in a human-centred environment that blends structure with flexibility. Advanced online tools, small-group collaboration, and personalised feedback create a rich, engaging, and connected learning journey.

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