Becoming a certified ERM professional can be a pathbreaking achievement and exemplifies a strong understanding of risk identification, risk assessment, and mitigation strategies for a range of complex risk events across sectors. The IRM’s 5-level certification track starts with the Level 1 Foundation Exam, progressing to Level 2 International Certificate in General ERM v/s Financial Services ERM and designation ‘IRMCert’, then moving to Level 3 International Diploma in Risk Management entitling you to the designation ‘GradIRM’ and at par with an International Masters, with Level 4 giving you the Certified Membership status and ‘CMIRM’ designation and Level 5 being the highest grade in Enterprise Risk Management education i.e. Certified Fellowship or the ‘CFIRM’ designation.
Qualifications required for enterprise risk management in Hyderabad
In order to start a career in enterprise risk management and register for the Level 1 Foundation Student Examination, you need to have passed 12th grade and then you can pursue Levels 1 and 2 alongside your undergraduation. Level 3 can be pursued after graduation and Level 4 and 5 can be earned by experience.
Working professionals who are graduates can directly enrol for the Level 1 Foundation Professional Examination or Level 2 examination depending on their experience in risk management
Why enterprise risk management is right for you?
Risk is part of every business, from the pandemic to cyber threats to supply chain disruptions. The risks facing organisations are real, and there is increasing demand for qualified and skilled professionals who can help improve organisational resilience in an ever-evolving global landscape. Enterprise Risk Management (ERM) is an integrated and joined-up approach to managing risk across all departments of an organization (irrespective of any sector) and its extended networks.
Our qualifications are recognised globally as the industry standard in ERM. The curriculum for IRM’s global ERM examinations and certifications is periodically updated and reflects the new and evolving risk era we are in, ensuring our students are up-to-date with the latest best practices across sectors and areas of risk including international frameworks (like ISO 31000 and COSO 2004 and 2017), risk identification techniques, scenario planning, horizon scanning, evaluation of emerging risks, risk appetite and tolerance, risk treatment, risk reporting and communication, business continuity planning, internal audit and assurance and corporate governance. You will gain global skills like complex problem-solving, analytical thinking, negotiation and risk-based decision-making. These skills will help you develop, adapt, and implement robust risk mitigation strategies to improve any company’s or your own venture’s resilience and also develop yourself as a certified risk consultant if you wish to set up your own risk advisory.
What fundamentals does ERM cover?
IRM’s Global Level 1 Enterprise Risk Management (ERM) Examination is the first step towards starting a career in ERM with the world’s leading professional body.
The Level 1 ERM Exam is relevant for aspiring risk leaders, entrepreneurs, family business owners, risk champions, risk consultants, process owners, functional experts, or business heads. Students from any background can pursue the ERM exam considering the wide coverage of risks (i.e. finance, technology, legal, accounting, operations, management studies, and more) and the rising importance of risk intelligence as an important skill.
The Level 1 Examination covers the foundational knowledge that organisations expect as well as the critical risk identification and mitigation skills that professionals need to respond to complex uncertain events impacting all departments of an organisation that include marketing, human resources, procurement, supply chain, information technology, cyber security, sales, legal, research & development, environmental, social, governance (ESG) and many more. The curriculum empowers you with the theory and practice of enterprise risk management in-line with ISO 31000 standards, COSO framework, and industry best applications with a combination of case studies, applied exercises, and current affairs.
Additionally, outsourced services, IT security, supplier assessments, joint ventures and partnerships, alliances, and informal arrangements, together with the speed of change can all present challenges to organisations today. The Level 1 curriculum now also covers the study of the Extended Enterprise. Extended Enterprise looks at how all organisations are affected by the way that others in their value chain and network manage risk and the complexities that can arise from these relationships. It aims to study the complex network of relationships that underpin public and private economic activity in modern economies.
With the Foundation ERM Exam, you will learn to manage risks across the enterprise which is now an inherent part of delivering organisational success. The more deeply a risk-intelligent professional succeeds in influencing the organisation’s entire culture, the greater their ability to influence how risks are identified and acted upon with the right mitigation strategies. Using the principles of enterprise risk management and aligning the ERM process with general management, candidates can develop the strong knowledge required for risk-based decision-making.
How can you start a career in enterprise risk management in Hyderabad?
You can start a career with the India Affiliate of Institute of Risk Management, the world’s leading professional body in Enterprise Risk Management exams across 140 countries since 1986. IRM has 360 exam centres in India.
List of IRM exam centres in Hyderabad
HYDERABAD (26)
Edguru Overseas Education Consultants
3-6-475/3, 1st Floor, Kalpavruksha Estate, Himayath Nagar, Hyderabad, 500039, India
Agate Solutions
Flat No. 401, A-Block Windsor Plaza, Opp Bajaj Electronics, Nallakunta, Hyderabad, Telangana 500044, India
Dynamic Inst. Of Aeronautical Engineering & Tech.
16-11-1/1/A, 4th floor , flat no 402, beside Hdfc bank, above Yes bank, Saleem Nagar, Malakpet, Hyderabad, Telangana 500036, India
R IT SOLUTIONS
Flat no.201, House No 6-1-137/5, Str no 9 Sankara Vidyalaya school lane, PadmaraoNagar,Secunderabad, Hyderabad Telangana 500025, India
Milkyway Computer Academy
Shop No.15, Plot No. 1 & 10, Kolan Ravinder Reddy Complex, AS Raju Nagar,Nizampet Road, Kukatpally, Hyderabad, Telangana 500072, India
Heuristic Computing & Logical Systems Pvt Ltd
6-3-569/2, 4th floor, Rockdale Building, Somajiguda, Opp to RTO office , Beside EENADU office, Hyderabad, 500082, India
eNFLUENCE IT Services Pvt Ltd
3-2-248/1/7/26/1, SNR TOWERS, 2nd floor Nagarjuna Hills, Hyderabad, Telangana 500028, India
Al-Qurmoshi Institute of Business Management
18-11-26/7, Jamal Banda, Beside lane, MATAAM AL ARABI YAMANI Restaurant, barkas mob: +919848096342, Hyderabad, Telangana 500005, India
I-Vintage Solutions Pvt Ltd
FLAT NO.501, PLOT NO.32, SAHITHI’S VIJAYA ENCLAVE, SRINAGAR COLONY MAIN ROAD, HYDERABAD, Telangana 500073, India
Pearson Professional Centers-Hyderabad
Above ICICI Prudential Mutual Fund Near Prakash Nagar Metro Pillar C1360, 3rd Floor SP Road Begumpet P 04042400470, Hyderabad, Telangana 500016, India
Coreglobal- Additional Site
201, 2nd Floor, TrendSet Pyla Complex, Vengal Rao Nagar, Beside S.R.Nagar Metro station, Hyderabad, Telangana 500038, India
Career Abroad
B.S Towers, Plot No: 14 & 15, 4th Floor, Mansoorabad, Beside Karur Vysya Bank, Above Indusind bank L. B Nagar, Hyderabad, Telangana 500068, India
Vinsys IT Services (additional)
252/2,1st Floor,SaiPrithvi Cyber Arcade, Above Bata Showroom, Pillar No C-1727, Main Road, ,Madhapur, Hyderabad, Telangana 500081, India
Gusto Techno Solutions
Plot No : 2-38/A, Metro Piller No-1720, Happy Mobile showroom building, 2nd Floor, Madhapur Main Road, Hyderabad, Telangana 500081, India
CKS IT Services (INDIA) Pvt Ltd
H.No.1-98/9/24, Flat No.201, Image Garden Function Hall Road, Arunodaya Colony, Madhapur, Hyderabad, Telangana 500081, India
Retors Consultancy Services Pvt Ltd
#102, East Block, Siri Sai Orchid, Image Hospital Lane, Madhapur, Beside SRI VENKATESWARA COLLEGE OF ARTS, HYDERABAD, Telangana 500081, India
Pearson Professional Centers-Hyderabad 2 TS
Manjeera Trinity Corporate, 612, 6th Flr, eSeva Lane, Phase III, Hitec City Road, Kukatpally, Hyderabad, Hyderabad, Telangana 500072, India
Cegonsoft Technologies
308 3RD FLOOR ALLURI TRADE CENTER, BESIDE J C BROTHERS, BHAGYA NAGAR COLONY, KPHB, Hyderabad, Telangana 500072, India
Naipunya Sourcing Pvt Ltd
16-11-741/D,Beside KS Bakers Lane, opp IKON Hosp, Dilsukh Nagar 9000749740, Samsung Service Center building, Hyderabad, Telangana 500060, India
Vast Technologies
2nd Floor, No. 202, Plot no. 57, PremChanderNilyam, beside Punjab Nat Bank, APHB Colony Jayabheri Enclave Gachibowli, HYDERABAD, Telangana 500032, India
Visu IT Solutions – Additional Site
101, HIG A-27, APHB Colony, Gachibowli, Opp to DLF IT Park Gate-3, Hyderabad, Telangana 500052, India
Datacipher Solutions Pvt. Ltd.
4th Floor, Survey No: 90/1, Plot-13, Greenlands Colony, Beside Flyover Gachibowli, Hyderabad, Telangana 500032, India
Advent Technology ( Additional Site)
MSRY NILAYAM H NO-1-59/9 , 3rd Floor, Masjid Banda, Kondapur, Hyderabad, Telangana 500084, India
Visu IT Solutions India Private Limited
2nd Floor, LIG Block # 68, Flat # 10, 4th Phase, KPHB, Kukatpally, Opp Maruthi, True value JNTU to HI-TECH City Rd, Hyderabad, Telangana 500072, India
Dolphin
#12/B, SLN Heights, Flat No-302, Adhitya Nagar, Pragathi Nagar Road, Kukatpally, Above Axis Bank ATM, Hyderabad, Telangana 500072, India
Value Softtech Solutions
4th floor, VT Plaza, Road No 1, KPHB Colony, Phase-1, Kukatpally, Opp Axis Bank, Hyderabad, Telangana 500072, India, Telangana 500072, India
What are the fees and exam dates in Hyderabad?
The Level 1 online exam is conducted 4 times a year (Feb / May / Aug / Nov) and the fee is INR 29,500 including GST and all study materials. The Level 2 exam is conducted twice a year (June / Nov) and the fee is INR 183,340 including GST and materials. The Level 3 project-based exam runs throughout the year and depends on when you’re ready to apply. Levels 4 and 5 are memberships. Chief Risk Officers/ Risk Leaders can directly apply for Level 4 via the Senior Executive Route.
Quick Links:
Certification Track: Click here
Level 1: Click here
Level 2: Click here
Level 3: Click here
Level 4: Click here
