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IRM is the world’s premier professional body for Enterprise Risk Management professionals.
Institute of Risk Management - India Affiliate is committed to creating an ecosystem for enterprise risk professionals with the 5-level global qualifications, thought leadership and customized industry programs.
Risk and crisis management are the most important skills for an uncertain world.
Start your journey with IRM’s Level 1 Examination in Enterprise Risk Management.
Prepare for the exam with live study support sessions delivered by IRM experts at no extra fee.
Enhance your career with IRM’s globally recognized Level 2 and Level 3 qualifications that come with designations.
Build resilience, learn mature risk practices and prepare for crises.
Why Study
ERM with the IRM?
World’s leading body run by professional members
No additional tuition required for IRM Examinations
Relevant to companies, family business and start-ups
Qualitative over quantitative with customised programs for industry
Global qualifications with designations (Level 1 - 5) delivered in 143 countries
Join our global community of chief risk officers and risk professionals
Develop resilience, complex problem solving, analytical reasoning & decision making skills
Recognized by the industry since 30 years across all sectors
Covers over 40% of the World Economic Forum’s Growing Skills Index
Covers all business functions including finance
Attributes of an IRM Qualified Member
Equipped with
critical thinking
and complex
problem-solving
skills
Capable at
risk-based decision
-making
required in
today’s uncertain world
Demonstrates
resilience in
managing crisis
like situations
Enhances
strategic value
across departments
in an organisation
April 14, 2020 | An article from Bloomberg
The pandemic spurs boards to seek experts in crisis planning and oversight.
Twenty years ago, corporate risk managers had near-zero public visibility. Most were back-office staffers who focused on securing insurance for environmental and real estate problems (tornadoes, fires, earthquakes, … Read More
June 27, 2020
Watch Anita P., Deputy Chair of Institute of Risk Management and Hersh Shah, SIRM, CEO of IRM India & Chair of India Regional Group of IRM Global on CNBC-TV18's 'India Dialogue- Risk Management Special', as they explore the key role of Risk Management in shaping India's future.
Joined by industry experts Rohit Boda- MD at J.B. BODA Group, Vijay Kumar Venkataraman- MD & CEO at NCDEX and Gopal Balachandran- CFO & CRO at ICICI Lombard General Insurance Company Limited, Hersh & Anita will discuss the importance of Risk Management during the ongoing pandemic, how organizations are foraying into the new normal and the evolving role of Chief Risk Officers.
PROFESSIONAL
STANDARDS
IRM plays a leading role in setting high standards of competence and integrity for risk management professionals.
CODE OF
CONDUCT
The IRM’s code of conduct sets out the principles and standards of behaviour that are expected out of the members during the performance of their professional duties.
A RISK PRACTITIONER’S
GUIDE TO ISO 31000
IRM’s guide provides an analysis of ISO 31000, a comparison with the ISO format for management system standards and outlines a checklist for the implementation of a risk management initiative.
A RISK PRACTITIONER’S GUIDE
TO THE COSO ERM FRAMEWORKS
IRM’s guide to the COSO 2017 Framework resolves the challenge for risk professionals to clearly demonstrate the value of making resources available for ERM.
Level 01
1 Week
IRM’s Level 1 empowers students and professionals with complex problem solving, analytical thinking and decision-making skills drawing reference from real-life examples across all areas of risk.
Eligibility:
Students
Working Professionals
Examination : Conducted last Sunday of every month Know More
Exemption: Professionals with 2-3 years of continuous experience in enterprise risk management could be eligible for an exemption from IRM’s Level 1 Examination and can directly proceed to Level 2 Click here
Level 02
6 - 9 Months (Equivalent to a degree)
IRM’s Level 2 Qualification will enhance your knowledge in risk management with studies on the global business environment and issues that are relevant to various sectors and geographical areas.
Eligibility: IRM Level 1 Qualified
International Certificate in :
  • • Enterprise Risk Management
  • • Financial Services Risk Management
Designation : IRMCert
Examination : June/November
Know More
Level 03
12 - 18 Months (Equivalent to a Post Graduation or Masters)
IRM’s Level 3 Qualification takes you on a pathway towards the role of a Chief Risk Officer and has also been the global choice of education for the last 30 years.
Eligibility: IRM Level 2 Qualified
International Diploma in :
  • • Enterprise Risk Management
Designation : GradIRM
Examination : Research based case study application
Know More
Level 04
IRM’s Level 4 is a professional membership grade demonstrating that you have the required technical competence in risk management
Eligibility:  IRM Level 3 Qualified + 3 years work experience OR Senior Exemption Route to Level 4 for professionals with 8 years of continuous experience in risk management
Designation : CMIRM
CPD: 30 hours
Know More
Level 05
Once you have held the CMIRM designation for at least 2 years, and have substantial risk management experience, you may apply for IRM’s Level 5 to become a Certified Fellow (CFIRM).
Eligibility:  IRM Level 4 Qualified
Designation : CFIRM
CPD: 30 hours
Know More
The IRM also offers customised industry programs, Level 1 Qualification group study sessions for companies in India, qualifications in digital risk management by Warwick University and supply chain risk management. The IRM (UK) has delivered its industry training sessions to employees of Google, UBS, Tata Steel, Barclays, Tesco, Ministry of Defence (UK), State Bank of India, Kuwait Petroleum, Lloyds, World Bank, Teva, OECD Paris, Exyte Germany, Mott MacDonald, Ampleon, Global Affairs Canada and several other companies across the globe.
Your first step towards enrolling into IRM’s Global Qualifications
Risk Management Aptitude Test (RMAT) is a computer adaptive test intended to assess analytical, logical reasoning and interpretation skills in the areas of business, organization functions, processes. The aptitude test is not a pre-requisite but an understanding of your existing knowledge of risk management and can be taken online at your comfort throughout the year.
Notable Alumni
The most sought-after skill in today’s uncertain environment has opened up myriad opportunities. Making the most of the same, our alumni are making change happen in companies, communities and the world by helping professionals build resilience, manage crisis and get risk ready.
Level 1
Online
Vishesh Wadhwa
Student,
Jai Hind College
Level 2
Online
Designation - IRMCert
Mayor Motwani
Director, Corporate finance
Deloitte (India)
Level 3
Online
Designation - GradIRM
Karthik Upamaka
Risk Management Lead
JLT
Level 4
Application based
Designation - CMIRM
Sunder Natarajan
Head of Risk
India First Life Insurance
Level 5
Application based
Designation - CFIRM
Rama Warrier
Promoter
Conzulting
Previously Managing Partner at
Infosys Consulting
1986
year established
360
exam centres
pan India
143
countries
What Our
Students Say
Read some of our student testimonials for you to discover first-hand what it’s like to get qualified with the IRM.
The VUCA world that we live in has prompted increased interest and focus on Risk Management. IRM, being the premier institute for qualifications and networking on risk management, has definitely aided me in my journey to becoming a well-rounded Risk Professional. I would be completing the International Diploma in Enterprise Risk Management in 2020 and will be pursuing other courses from the IRM post that to continue my professional development.

I look forward to working with the IRM and my fellow Risk Professionals in India to help further develop the profession of Risk Management in our Country.
Vighnesh Chandrasekar, IRMCert (Level 2 Qualified)
Senior Manager Risk Consulting at Aditya Birla Insurance
The IRM Qualifications have been a turning point in my professional journey and acted as a career catalyst, giving me a clear direction of travel for achieving success and growth over the last three years as a leader in the field of Risk Management.”
Abhishek Paul, CMIRM (Level 4 Qualified)
Senior Risk Management Leader - Financial Services sector
The IRM’s certification in ERM gave me an objective view of risks and opportunities, understanding of the tools, methodologies and thinking about the art of risk management. The course content is very exhaustive and there are plenty of resources provided to support the learning. The study material opened my mind to a broader spectrum of considerations to consider in managing business risks, which ensure risk managers deliver value to their organization. It’s definitely one of the wisest investments I have made for my professional development and I would urge all risk professionals to consider it.
Abhishek Mittal, IRMCert (Level 2 Qualified)
General Manager - R&D Operations & Risk Management at GSK Consumer Healthcare India
Hard work, says the Scottish proverb, never killed a man. People die of boredom and disease. There is nothing like an occasional all-night push to enliven morale - provided you are part of the push. I affirmatively stand by this thought process, which is why I pushed myself beyond my comfort zone and took up this challenging course.  The Risk Management level 1 course has been absolutely insightful for me. What I essentially believe, is that this course isn’t merely designed for people with finance/consulting background, that’s a sad misconception which needs to be cleared. You are prone to risk in any sector/field, and hence, risk management becomes imperative. The beautiful thing about this course is its universal applicability.  I definitely recommend students and working professionals to give this course a serious consideration.
Poornima Iyer, IRM Level 1 Alumnus
MBA Student at Welingkar Institute of Management
In The News
Stay updated with the online resources, press releases and industry updates related to IRM from across the globe.