Career Pathway
Becoming a certified ERM professional is a pathbreaking achievement for many risk professionals and exemplifies a strong understanding of risk identification, risk assessment, and mitigation strategies for a range of complex risk events across sectors. Here's everything you need to know to prepare for the IRM Exams.
Becoming a certified ERM professional is a pathbreaking achievement for many risk professionals and exemplifies a strong understanding of risk identification, risk assessment, and mitigation strategies for a range of complex risk events across sectors. Here's everything you need to know to prepare for the IRM Exams.
Pathway to Certified Enterprise Risk Professional and IRM Fellow
Earn the IRM designations and join a global community of risk-intelligent leaders
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LEVELS
(CAREER PROGRESSION
STAGES)

Level 1
Choice between
1. Student Exam
2. Professional Exam

Level 2
Choice between
1. General ERM
2. Financial Services ERM

Level 3


 

Level 4


 

Level 5


 

Description Fundamentals International Certificate International Diploma Certified Member Certified Fellow
Designation None IRMCert GradIRM CMIRM CFIRM
Duration
& Study Hours
2 months
(60 hours)
6 - 9
months
(400 hours)
12 - 18
months
(800 hours)
Not
applicable
Not
applicable
Examination
Format &
Frequency
Feb / May / Aug / Nov, online, MCQ application
based
June & November,
360 exam centers
in India, computer
based exam
Online,
Case study
project
assessment
No examination,
application based
No examination,
application based
Eligibility 12th grade for the student exam
No minimum eligibility for the working professionals exam
Level 1 Graduation
plus Level 2
Level 3 plus
3 years
experience
Level 4
Fees
(including GST)
INR 29,500 INR 1,83,340 INR 3,60,500 Membership Fee
payable to IRM
Global*
Membership Fee
payable to IRM
Global*
Exemption
Eligibility & Fees
Candidates with 2 years' experience in ERM are advised to go for the Level 2 examination. Not applicable Professionals with 8 years’ risk experience can directly go for Level 4 (GBP 1,450 for the case study based application which shall be subject to review by IRM Global) Not applicable Not applicable
Inclusions Free study support delivered virtually by IRM experts for 8 hours, core textbook, revision question booklet, recorded international webinars, alumni group access, an international certificate upon clearing the examination Live webinars by IRM experts, core ERM textbook, virtual learning management system access with study resources, discussion forum, module coaches Webinars, virtual learning management system access with study resources, discussion forum, module coaches Not applicable Not applicable
As an IRM qualified risk-intelligent professional, you can work across sectors in any function. IRM Qualified professionals have been working across the globe for:
  • Big 4 consulting firms
  • Risk based assurance in consulting and auditing firms
  • Strategic risk management at consulting firms
  • Credit rating agencies in risk management teams
  • Small and medium enterprises
  • Rating agencies as company risk analysts
  • Banks/NBFCs/FI as credit or risk professionals
  • Equity markets as risk research experts
  • Risk consulting and advisory services
  • Industry risk management teams in any sector
  • Due diligence in investment banking