Level of qualification
Equivalent to degree level
There are no formal entry requirements.
English language requirements
IRM's qualifications are delivered and assessed in English. If you are a non-UK student, and English is not your first langauge, 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 commencing your studies.
Who is the qualification suitable for?
This qualification is recommended for anyone who wishes to understand risk management in the digital era. It provides a basis for understanding digital disruption, its causes and its consequences, and it equips students with teh tools and techniques of professional risk management to mitigate the risks inherent in the digital world of the fourth industrial revolution.
It is an introduction to the subject of digital risk management for those from all disciplines directly or indirectly related to professional risk management.
For existing IRM members, it is also suitable as a supplementary qualification for continuing professional development.
Can students currently enrolled on another IRM qualification enrol onto this Certificate at the same time?
There are no restrictions on current students enrolled on the International Certificate in Enterprise Risk Management, International Certificate in Financial Services Risk Management, or the International Diploma in Enterprise Risk Management from enrolling onto this qualification at the same time.
Students wishing to do this will need to consider the amount of time they have available, and whether their schedules will allow them to undertake an additional qualification which requires approximately 200 hours of study.
How much does it cost?
The course is offered at a special introductory price of £995 to all students enrolling for the first examination taking place in November 2019.
How do I pay?
- BACS/bank transfer
- Debit/credit card
- Invoice - payment must be made within 14 days of the invoice date and received no later than the closing date for enrolment
How is learning delivered?
Through supported distance learning.
What is the average study time?
An indicative study time for the qualification is betwene 180 and 200 hours. Students should consider the time commitment for study before enrolling.
How long does it take to complete?
Students enrolled on the qualification have 9 months from the closing date of each enrolment session to study for and take the exam.
Qualification Completion Time Limit
Students must complete the qualification within one year of the exam session for which they originally enrolled. Three attempts are permitted within this timeframe. After this point, students will be requried to re-enrol and pay a further enrolment fee.
There are four enrolment periods each year. Each enrolment period relates to a specific exam session.
There are four examination sessions each year.
How is the student assessed?
By a 90 minute multiple choice examination.
How is the examination delivered?
Students sit the examination on screen at a Pearson VUE computer-based exam centre.
When do I get my results?
Students will be notified of their result six weeks after the examination sitting.
What happens if I do not pass the examination on my first attempt?
Students will have a further two attempts to pass the exam at an additional fee of £225 for each attempt.
The Digital Risk Management Certificate is a stand-alone qualification. Students wishing to progress to the International Diploma in Enterprise Risk Management should enrol on the IRM International Certificate in Enterprise Risk Management.
Training and education of risk managers of digital disruption, cyber risk and the impact of technological change is central to the future offerings from the IRM and we will be introducing further products and services in these areas to support learners and risk management professionals in their future careers.
Successful students will be issued with a completion certificate and can apply to become an Affiliate Member of the Institute if not already an existing member of the IRM.
If you are seeking support from your employer to fund your studies, see our list of employer benefits that can be included in your business case.