Course Summary
The Professional Diploma in Advanced Operational Risk Management in Financial Services will equip participants with a deep, practical understanding of operational risk management frameworks and measurement methodologies in financial institutions.
College Link
Career Sectors
This course prepares you for working in the Career Sectors below. Follow the links to get a fuller understanding of the sectors you are preparing for.
Entry Requirements
Entry Requirements
The minimum entry requirements to the Professional Diploma in Advanced Operational Risk Management in Financial Services are as follows:
• An Honours degree (min. 2.2 L8 NFQ)
or
• Admission may also be considered for experienced professionals who do not meet the admission requirements as set out above, where they can demonstrate knowledge through their work i.e. they have more than 5 years’ experience in a management role.
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Professional body membership
You must be a current member of IOB, or become a member, to undertake this programme, (membership year - January to December).
Application Details
Next intake: Autumn Trimester 2025-2026 academic year - (Assessment in January 2026).
This programme enrols three times a year.
Fees
€1,595 per module
Fees for IFS Skillnet member: €1,196
This programme has IFS Skillnet funding available for certain companies. You should check if your company has IFS Skillnet approval. Funding it subject to availability.
The Student
Career Interests
This course is typically suited for people with the following Career Interests. If these interests do not describe you, this course may prepare you for work you may not find satisfying.
Enterprising
Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.
Investigative
The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.
Career Progression
This award is on the Pathway to MSc in Financial Services. Those wishing to continue their studies and achieve the MSc will receive the higher award only.
PRMIA and their Associate Professional Risk Manager (APRM) global certificate
Graduates can then apply directly to PRMIA to be awarded the globally recognised PRMIA Associate Professional Risk Manager (APRM) global certificate. Completing this programme will allow you to stand out among your peers, providing you with a competitive advantage with colleagues, clients, and prospective employers by developing the necessary skills and experience needed to succeed in today’s dynamic work environment.
Duration
Delivery is online.