The IRM Diploma takes students through a structured three level learning process. Students must study level 1 in the prescribed order and are strongly advised not to take more than three modules in any one year. Level 1 and 2 must be completed prior to moving onto level 3.
Level 1: Core modules
This level covers the key concepts, models, codes, tools and techniques used in enterprise-wide risk management.
| Module |
| Module one: Principles of Risk |
| Module two: Risk and Organisations |
| Module three: Risk Decisions |
| Module four: Risk Leadership |
| Module five: Risk Solutions |
The syllabus and learning outcomes for the core modules can be downloaded here.
Level 2: Specialisms
Level 2 builds upon the skills and knowledge acquired in level 1 by allowing you to focus on specific technical disciplines and/or sectors. This enables you to tailor your own course to your role or environment.
You are required to take two specialist modules. The level 2 modules available in any one year can change. IRM has the right to remove any modules between 1 October and 31 December where demand is not sufficient. The modules available for 2013/14 are:
IRM also operates an exemption scheme that offers students recognition for other relevant academic or professional qualifications/awards that they may hold. For details of the exemptions available for Level 2 please click here.
Specialist courses
Level 2 specialist modules may also be taken as individual specialist courses. A certificate of completion will be awarded to successful students. Taking a specialist course is a great way of keeping your knowledge up to date and earning CPD points, and leads to Specialist membership of the Institute.
Level 3: Practical assignment
The practical 8,000 word assignment can either be based on a topic of interest or based on a project at work. Level 3 is designed to test your application of the skills and knowledge learned at levels 1 and 2.
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