Advanced Diploma of Integrated Risk Management

The Advanced Diploma of Integrated Risk Management provides cross-sector competencies for experienced risk managers dealing with complex risk management issues.

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FNS60815 Advanced Diploma of Integrated Risk Management

The Advanced Diploma of Integrated Risk Management is open to experienced risk management professionals or senior operations executives with extensive vocational experience through Recognition of Prior Learning only.

View special pricing terms and conditions here.

This qualification provides cross-industry competencies for experienced risk managers and covers risk management activities undertaken by senior personnel to develop innovative strategies for dealing with complex risk management issues.

At this level individuals are expected to apply specialist skills and knowledge in a range of situations to manage complex operational and strategic risk situations and issues. They work across a broad range of technical or management functions with accountability for personal outputs and for team outcomes.

Course Outcomes

One course offers many courses of action and pathways for you. This qualification is Release 3 and is the most up-to-date qualification available.

On successful completion of this course the participant will receive an Advanced Diploma of Integrated Risk Management (FNS60815).

Job roles and titles vary across different industry sectors. Possible job titles relevant to this qualification include:

  • Senior Risk Manager
  • Operations Manager

Entry Requirements

Entry to this qualification is limited to those who meet at least one of the following criteria:

  • Have completed a Diploma qualification in related fields of study and at least 2 years equivalent full-time relevant workplace experience in a supervisory or management capacity.
  • Have completed a Certificate III or IV qualification in related fields of study and at least 3 years equivalent full-time relevant workplace experience in a supervisory or management capacity.
  • Have at least 5 years equivalent full-time relevant workplace experience in a supervisory or management capacity.

Not sure whether this is you?

You can take our Free Skills Assessment to determine your eligibility. Our assessors can also recommend pathways suited to your skills and experience.

For more information you can email us.

Please be advised we are unable to accept enrolments from students on a student visa. You must find a CRICOS registered training provider.

Units of Competency

The Advanced Diploma of Integrated Risk Management includes a total of 12 units.
4 Core and 8 Electives.

Core units

  • BSBCOM602 Develop and create compliance requirements
  • BSBCOM603 Plan and establish compliance management systems
  • FNSRSK601 Develop and implement risk mitigation plan
  • FNSRSK602 Determine and manage risk exposure strategies

Elective units*

  • FNSACC501 Provide financial and business performance information
  • FNSACC609* Evaluate financial risk
  • FNSACC606 Conduct internal audit
  • BSBWHS603 Implement WHS risk management
  • BSBMGT616 Develop and implement strategic plans
  • BSBWHS510 Contribute to implementing emergency procedures
  • BSBPMG517 Manage project risk
  • CPPSEC5005A Implement security risk management plan

*FNSACC501 is a prerequisite and must be completed prior to commencing FNSACC609.

*Alternative elective units may be available upon request, but are not guaranteed. Elective units must meet the training package requirements for this qualification. You can view alternate elective units on Custom unit packaging for RPL is $250.

Delivery Options

This qualification is only available through Recognition of Prior Learning (RPL).

Contact us for a Free Skills Assessment to determine your suitability to undertake this qualification. This will be sent to our RPL Facilitator who will assess your eligibility and can provide you with recommendations for suitable RPL pathways that match your skills and experience.

If you are deemed a good candidate for RPL for this qualification, a non-refundable 50% deposit will be required to proceed with your RPL with full payment required before a certificate is issued.

For each unit of competency, you will be given the option to demonstrate competency through a combination of any of the following:

  • Written or verbal questions demonstrating the required knowledge
  • Case studies or practical activities demonstrating the required skills
  • Projects based on a real or simulated workplace
  • Portfolio of evidence which may include:
    • Prior qualifications, both accredited and non-accredited
    • Employment history such as position descriptions and performance appraisals
    • Industry appointments such as board and committee roles
    • Publications and journals
    • Samples of work and other relevant documents, photos, videos, etc.
    • Testimonials and other references from verifiable sources

Each candidate is assessed individually. Our assessment team will validate the evidence supplied and conduct mapping against the evidence requirements for each unit. Where required, assessors will request additional evidence and provide guidance on suitable types of evidence for the candidate to supply.

Time frames for completion of your RPL

Students are required to submit the requested evidence for assessment by Asset College within 3 months of paying their deposit. If requested evidence cannot be supplied within this time frame a $50 extension fee will be applied.


Suggested pathways for further study after completion of this qualification include:

Course Fees

Recognition of Prior Learning (RPL)

Total investment: $3700

Christmas Special Pricing: $2600 (until 23rd of December, 2020)

Before enrolling, you will be required to complete a Free Skills Assessment to determine your eligibility for an RPL pathway.

After an initial assessment, if you wish to proceed, you will complete an Enrolment Form and be issued an invoice for an initial 50% deposit of the total investment. This is non-refundable. Throughout the RPL evidence gathering process if gaps in evidence are identified and full study is required, the training plan and fees will be discussed with you.

If you are eligible for full RPL on your qualification, on completion of the evidence gathering process you will be issued with the final 50% invoice to be paid prior to issuing of your certificate.

You will have 90 days to submit all appropriate evidence for your qualification. Should you exceed 90 days an extension fee will apply.

Payment Options

Click here for further information on course fees, refunds and payment terms.


“Mark and the team at Asset College are extremely experienced in the RPL process and provide a quality and efficient service for post-graduate qualifications. They are first point of contact when I require Recognition of my prior learning and life skills.”

Graeme Jeffers
Public Accountant

State Winner

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