Advanced Operational Risk Management in Financial Services

At a glance

Developed in conjunction with UCD College of Business the Professional Diploma in Advanced Operational Risk Management in Financial Services showcases extensive academic thinking and rigor as well as unique, real-world insights from our partners Bank of Ireland, Citi and Deloitte.



Who is it for?

The Professional Diploma in Advanced Operational Risk Management in Financial Services has been designed in conjunction with operational risk management professionals, working in financial services and leading academics in operational risk management.



It will equip participants with a deep, practical understanding of operational risk management frameworks and measurement methodologies in financial institutions. This qualification is the benchmark operational risk qualification recognised in the Irish financial services industry sectors of the financial services industry.



Award

Professional Diploma in Advanced Operational Risk Management in Financial Services from UCD.

This is a level 9 qualification on the National Framework of Qualifications and carries 30 ECTS.

Modules

• Risk Governance, Culture, Business and Enterprise Risk Management

• Operational Risk, Capital Markets and AI

• Strategic Operational Conduct and Reputational Risk Management

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).

Assessment


Assessment is a combination of continuous assessment and end of trimester exams. The pass mark is 40% in all modules in line with UCD academic policy.

Duration: Varies

Delivery is online.

Fees


•01 Risk Governance, Culture, Business and Enterprise Risk Management (10 ECTS) €1,100



•02 Operational Risk and Capital Markets (5 ECTS) €550



•03 Strategic Operational Risk, Conduct Risk and Reputational Risk Management (10 ECTS) €1,100



•04 Alert Models and Operational Risk Management (5 ECTS) €550

Next intake: Autumn Trimester 2025-2026 academic year - (Assessment in January 2026).

This programme enrols three times a year.

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.