IRM Taxonomy 1-2-1
Thanks for checking our FAQ page – for the sake of efficiency, we will refer to the International Certificate and Certificate programmes as the Certificates.
We might also use some abbreviations where is needed:
- ERM refers to the International Certificate in Enterprise Risk Management
- FS refers to the International Certificate in Financial Services Risk Management
- DRM refers to the Certificate in Digital Risk Management
- SUPP refers to the Certificate in Supply Chain Risk Management
What are the entry requirements?
There are no entry requirements for our Certificates.
If English is not your first language, we recommend you have an Academic IELTS score of 6.0 (with no element less than 5.5) or equivalent evidence of competence in the English language before beginning your studies.
How can I enrol?
You can enrol online or complete a manual application form. Both are available on www.theirm.org/qualifications
When do the exams take place?
There are only two enrolment periods each year
|Exam session||Enrolment window|
|June Exams||1 July – 31 December|
|November / December Exams||1 February – 31 May|
No enrolments will be accepted after the enrolment deadline
Can the modules be split across different exam sessions?
The Certificates in DRM and SUPP consist of only one module.
For the International Certificates in ERM and FS, which consists of two modules, the exams for both are sat in the same exam session.
For example, you cannot sit one module in June and the following module in November.
What does the course fee cover?
Once successfully enrolled and payment has been made you will gain access to the following:
- Our online virtual learning environment (moodle) – with activities and quizzes
- Unit guides and essential readings
- Discussion forum
- Module coaches
- Supportive videos
- Live Mid-Programme webinars
- Sample exam questions
- Online resource centre
- Dedicated Student Support Team
- Special Interest and Regional Groups – a great networking opportunity
- Discounts on training courses and other IRM products
Do I get a student membership?
When you enrol on any of the Certificates you will automatically be registered as a student member of the IRM for the duration of the qualification, or until you complete the course - whichever comes first.
(This doesn’t apply if you are already a member of the IRM in a higher membership grade).
Are the textbooks included in the fee?
Students need to purchase the books themselves; a list of the required textbooks will be forwarded to you via email upon enrolment confirmation.
What support is given to students that may need clarity on subjects?
Once you gain access to moodle, you can track your progression using our activities and quizzes, and reach out to your module coach for additional support. All coaches are experienced, risk practitioners.
We also offer a blended learning option for students who prefer a more interactive learning experience. This is only available for the International Certificate programmes.
These student-centred workshops will reinforce your understanding of the material and help you develop the practical skills needed to put your learning into practice.
What is the expected amount of study required?
An indicative study time for the certificates is between 180 and 200 hours per module.
Study time available will depend on when the full course fees have been paid for the enrolment period open at that time.
When will I receive access to my study materials?
Students will receive access to their study materials once the enrolment is complete – that means after they paid their course fees.
How do I pay and complete my enrolment?
There are two different payment options:
- BACS / Bank Transfer
- Debit / Credit Card
If you are being sponsored by your organisation or employer, any purchase order details can be left blank if there isn’t one yet. Purchase order details can be added to the invoice at a later stage.
Discounted rates are available for groups of 10 or more employees enrolling for the same session from the same organisation.
Current IRM Members must log in to take advantage of discounted rates.
Please contact Business Development Manager Joanna Kraska at email@example.com for further details.
How long does it take to complete the qualification?
There are two enrolment periods each year, and students should consider the time commitment for study before enrolling on the courses. Certificates can be completed within 6-9 months, and the study time available will depend on when the full course fees have been received, for the enrolment period open at that time.
Students enrolling later in the enrolment period will need to consider the amount of time remaining to study for their scheduled exam session before enrolling in the courses. An indicative study time for qualifications is between 180 and 200 hours per module.
Is there a time limit in which to complete the qualification?
Students have 3 attempts and must complete the qualification successfully within 3 consecutive sessions e.g. June, December, June or December, June, December. After this point, students will be required to re-enrol and pay a further enrolment fee.
The first attempt is included with your enrolment fee. Any subsequent attempts will be considered a re-sit and you will be required to pay the re-sit fee for each attempt at the exam.
Where do the exams take place?
Examinations are computer-based. Module content will be assessed through the use of the learning outcomes.
Our exam provider, Pearson VUE, has an extensive test centre network across the world.
Can I defer my exams once I have enrolled and paid for my course?
We do not offer deferrals as such on exams within our Examination Policies, Procedures, and Regulations.
If you are not able to sit your scheduled exams for any reason, please follow the re-sit policy.
What happens if I failed one of the modules, or missed the exam?
If you fail or miss an exam for any reason, a re-sit application form must be completed and submitted with the resit fee to register for the next available examination session.
The re-sit fee is currently £175.00 GBP per module, or £125.00 GBP per module if you are eligible for the Low GDP rate.
Re-sit applications must be submitted with the appropriate fees by:
- 10th April, for the June examinations
- 10th September, for the December examinations.
What happens once I complete my course?
Successful completion of the International Certificates in ERM and FS will mean that you become a Certificate Member (IRMCert) and are able to progress on to the International Diploma in Risk Management; this is the first step of the journey to becoming a Certified Member of the IRM (CMIRM).
The Certificates in DRM and SUPP are standalone and specialist qualifications.