(International Certification Course in Risk Management recognised in 140+ countries leading to the designation of 'IRMCert')
The Institute of Risk Management’s (IRM) International Certificate Examination in ERM has been comprehensively updated to reflect the realities of today’s complex, interconnected global risk landscape. Designed for students, working professionals across domains and executives seeking an advanced and practical foundation in ERM, the qualification now incorporates changes in international regulatory frameworks and emphasises the applicability of ERM across all sectors. The revised syllabus introduces deeper coverage of organisational sustainability and resilience, black swan events such as Covid-19, ESG and climate-related risks, and how effective risk management enables agility, innovation, and informed decision-making. A new dedicated unit focuses on how the risk practitioner adds tangible value to organisations, strengthening risk culture and supporting objectives within defined risk appetite.
Employer-led content and assessments ensure direct workplace relevance, while the new assessment approach - combining an MCQ examination with three applied essay assignments - demonstrates effective learning in practice. Developed by experienced risk practitioners in collaboration with clients and past students, this programme equips you to respond to uncertainty, seize opportunity, and advance your career with an internationally recognised credential.
Duration : 6-9 months
No. Of Modules : 2 (Module 1 and 2)
Hours per Module : 180 - 200
Live Webinars : 6 hoursNeed Exam Guidance? Click Here
Bachelor of Arts
Ethiraj College For Women
Master of Business Administration
Indian Institute of Management, Indore
Head - Policy & Governance
Standard Chartered Bank
Vice President - ERM
Protean Egov Technologies Limited
Sr. Manager - Operational Risk & Control
Bank of America
ERM Specialist
McKinsey & Company
Assistant Accountant
Ecologi | B Corp™
BSc. Economics
NMIMS' Sarla Anil Modi School of Economics
Global Innovation Manager
DNV
Lead - Operational Risk Management
Hero Fincorp
Sr. DGM - Procurement
L&T Construction
In an era of heightened uncertainty and interconnected risk, ERM has become a critical leadership capability rather than a standalone function. Professionals with advanced risk intelligence form the operational backbone of organisations and business ecosystems, translating resilience into execution and insight into action. Their role extends beyond risk identification to building organisational resilience, enabling preparedness over reaction, and delivering clear, credible risk communication that informs and influences decision-makers. As a cross-functional skill, ERM equips professionals across domains such as supply chain, legal, accounting, finance, operations, technology, and compliance with a disciplined risk mindset. As leadership responsibilities deepen, this mindset strengthens judgement under uncertainty, enhances resilience, and shapes how organisations protect value, respond to disruption, and pursue opportunity.
As a Level 2 IRM candidate in India, you join a global community of risk-intelligent professionals progressing towards Fellowship in Enterprise Risk Management. The Level 2 Qualification provides a strong core foundation in both the theory and practice of ERM, examining the impact of risk in today’s interconnected global business environment. It explores sector-specific and geographic risk considerations, alongside the evolving expectations of stakeholders and regulatory authorities. As enterprise risk management continues to mature as a strategic discipline, employers, clients, and regulators increasingly recognise and value qualifications such as the IRM's certification programmes i.e. this enterprise risk management certificate course for their depth, rigour, and practical relevance.
By studying for this certificate you will be able to:
Eligibility Requirements for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
Candidates enroling for the Level 2 Qualification must be 19 years and above when appearing for the Level 2 Qualification, and can be :
If you are a working professional with 2-3 years experience in risk management, then it is advisable you enrol for IRM's Level 2 examination. Click here
Need guidance from our Exam Reservations Team?
Working professionals can submit this form to get feedback on whether Level 2 would be the right starting point:
Course Duration for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
.svg)
Core Modules for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
A general introduction to risk management concepts, to the importance of risk management across enterprises as well as internationally accepted standards and frameworks that support the effective implementation of risk management.
Contents
Explores formulation of an appropriate risk management approach for an organisation by considering risk principles, frameworks, and processes.
Contents
Understanding the context and objectives for the organisation or activities, identification and analysis of real risks related to the context and objectives and supporting the decision-making process regarding which risks require further management.
Evaluating the appropriate controls to take charge of and manage the risks to an acceptable level. The monitoring and reviewing processes validate that the controls are operating effectively and that any changes in the context, risks and risk management process are recognised and actioned accordingly. This facilitates the risk reporting process, enabling relevant information to be communicated effectively, and supporting risk-based decision making.
Examining risk appetite and tolerance and their relevance to the achievement of objectives, including the requirement for and design of risk appetite statements. This unit will also cover evaluating risk culture to assess people’s influence on the risk management process and determining a successful risk culture for an organisation.
Analysing corporate governance, regulatory requirements and the relevant risk management roles and responsibilities for boards and executive management. Information that management receives regarding risks and controls being managed and implemented effectively supports decision making and provides assurance to the organisation and external stakeholders that an organisation is an ongoing concern and has a long-term viability.
Examining the importance of an organisation’s strategy and how this leads to the setting of objectives.
Examining the role that sustainability has on the performance of an organisation and of the part that risk management plays.
Examining organisational resilience and how it can help organisations manage future shocks, disruptive events, and major incidents. This unit assesses the importance of organisational agility and how resilience can be tested to give some assurance to stakeholders.
Examining different approaches to risk management relating to different activities, functions, and perspectives in an organisation.
Examining the maturity of risk management within an organisation and the need for continuous improvement
Examining the risk management competencies required to implement effective risk management within an organisation, recognising the value of risk management professionals.
Available Study Support for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
Candidates can prepare for the Level 2 qualification alongside their graduation / post-graduation / career. With access to global study resources and a discussion forum, candidates gain immense knowledge required in preparing for the qualification examination.
When you enrol for the qualification you will automatically be registered as a student member of IRM for a maximum of two years, or until you complete the qualification - whichever comes first. You will only continue to have student membership as long as you are entered for an exam. Students will also receive access to the following upon completion of enrolment and payment of fees:
Online virtual learning environment – with activities and quizzes
Student handbook
Discussion forum
Module coaches
Supportive Webinars & Videos
Sample MCQ Exam Questions
Online resource centre
Dedicated student support team
ERM textbook
Unit guides and essential readings
IRM works with reputed learning partners across the country who offer a blended learning pathway to prepare you for the IRM qualifications. Candidates who prefer a more interactive learning experience pay for additional tuition that may accelerate their performance in the examinations. The student-centred masterclasses and tuitions conducted reinforce your understanding of the materials and help you develop the practical skills needed to put your learning into practice. If you wish to enrol with any of our Blended Learning partners, please contact +91-7977950966.
Important Dates for Enrolling into the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
Exams can be given in June or November / December at any of the 360 examination centres in India.
Please note that the enrolment is not an enquiry form or an expression of interest. By completing the online enrolment application, you are enroling as a candidate for the examination and must pay the fees.
Examination Process to pass the IRM's Level 2 Qualification and earn the IRMCert designation
Step-by-Step Guide to Enrolling for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
Fee Structure for the International Certificate in Enterprise Risk Management (OFQUAL Level 5)
Online Learning
Student Handbook
Discussion Form
Module coaches
Revision webinars and videos
Online resource centre
Sample MCQ exam questions
Dedicated student support
Student membership
Online Learning
Student Handbook
Discussion Form
Module coaches
Revision webinars and videos
Online resource centre
Sample MCQ exam questions
Dedicated student support
Student membership
ExemptionsDo you have at least 8-10 years of experience in Risk Management? You may be eligible for an exemption from all IRM Examinations with direct entry to Level 4 (CMIRM).
The Senior Executive Route to IRM Certified Membership is designed for senior risk professionals who wish to have their skills and knowledge in Enterprise Risk Management (ERM) formally acknowledged by the world leader in enterprise risk management. It is aimed at risk management professionals with at least 8-10 years’ experience, and allows them to demonstrate a parity of understanding and experience with Certified Members who have completed up to Level 3.
The SER process is completed in two parts:
Download the PDF form and send us the completed application with your CV to cmirm@theirmindia.org
Once you register for the exams, you become a part of a professional community (check fee inclusions and type of membership) and can play a critical role in supporting the learning and development you need to progress in your career. Joining us will bring you the following benefits:
All professional members are expected to obtain 30 hours’ CPD each membership year (July to June) to maintain their professional designation and the IRM carries out random spot checks each year. You do not need to submit your annual CPD report if you are not directly asked to
Membership subscriptions are renewable on 1 July. They cover a 12-month period up to 30 June the following year. Membership fees can be directly renewed here. You can refer to the Low GDP rates as an Indian candidte.
