Postgraduate Diploma in Risk Management

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.

Accreditations

Programme Structure

Core Modules

  • 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.

Elective Modules

  • Compliance Risk Management
  • Insurance Management

* Additional electives might become available, depending on the student numbers and demand.

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

Available learning modes

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.

Minimum Admission Requirements

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.

Postgraduate Diploma in Risk Management
Next start dates: 1 February 2027
Duration:
Minimum 18 Months, Maximum 3 years
NQF:
Level 8
Credits:
120
SAQA ID:
118430

Frequently Asked Questions

Does NSFAS fund Milpark Education?

NSFAS only covers public institutions and TVET Colleges. As a private higher education institution, Milpark Education does not offer NSFAS funding. However, we provide select bursaries and work closely with Capitec to offer financial aid to prospective students. Learn more about our Capitec partnership here.

Does Milpark offer bursaries?

Yes, Milpark Education offers bursaries based on academic performance and financial need. Applications typically open in September and close in November for the following year. Please note, bursaries are not available for the Postgraduate Diploma in Accounting (PGDA/CTA) and Advanced Accounting (Bridging Short Course to PGDA/CTA).

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Can I study at Milpark Education while working full-time?

Yes, at Milpark Education, our distance online learning programmes allow you to plan and structure your studies around your life and commitments. Our courses and resources are designed to support and empower you to achieve your learning and career goals while balancing your full-time job.

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