International Certificate in Enterprise Risk Management
Become an IRMCert:
Learn Online | 2 Modules | 6-9 Months | 180 - 200 hours per module
Enrolments for the June 2023 Examination Sessions open in September 2022.
Banking | Charity | Energy | Financial Services | Government | Healthcare | Insurance | Transport | Technology
The International Certificate in Enterprise Risk Management is the ideal qualification for anyone looking for a solid foundation in the theory and practice of effective risk management. There’s never been a better time to get qualified in risk management, help organisations with the economic recovery post-Covid-19 and increase your earning potential and career prospects.
What will I learn?
We will provide you with the expertise and practical skills to improve your career prospects. Our qualification is recognised globally as the industry standard in ERM. You will gain the skills to help develop, adapt, and implement robust risk frameworks to improve your company's resilience.
Over the course of 6-9 months, you will study:
Module One: Principles of risk and risk management
Gain insights into the principles and concepts of risk and risk management. Learn how to classify your organisational risks by examining how the models or frameworks are utilised to identify, assess, and treat risks.
Module Two: Practice of risk management
Get the skills and know-how to evaluate the impact of the business environment on organisational risk. Explore the significance of risk culture, appetite, and tolerance within your current risk management programme and practices.
What our students from around the world say:
Should I study for the International Certificate in ERM?
The International Certificate in ERM is a globally recognised professional certification that can be taken as a stand-alone qualification or forms the first part of the International Diploma in ERM. Whether you are looking to get a grounding or solidify your expertise in risk, this is the ideal qualification for you.
You can learn from anywhere in the world at your own pace via supported distance learning, which includes self-directed study and online coaching.
By enrolling you will:
|Study via online
|Get support from
Risk management is an inherent part of good management. By developing your expertise through our qualifications, you will be equipped with the skills to manage organisational risks and seize opportunities to help your business achieve its objectives at lower overall costs.
Put your ERM knowledge to the test?
Do you know what the accepted international risk management standard is? Do you know what the two project risk metrics are?
Test your ERM knowledge with our free quiz.
By studying this certificate, you will be able to:
- Recognise the origins and key concepts relating to risk management
- Compare and contrast the main risk management standards
- Apply the concepts of ERM
- Examine the main approaches to risk identification
- Use the main approaches to the analysis and evaluation of risk
- Distinguish the main features of risk control techniques
- Understand the impact of the wider business environment on risk management across sectors and regions
- Illustrate the key features of a risk management framework
- Explain the significance of issues of culture, appetite and tolerance, as well the key features of
corporate governance models, project risk and operational management systems
- Discuss the nature and purpose of internal control, audit and risk assurance techniques
- Analyse real-life case studies and identify key risk management lessons
Why the IRM?
IRM is the leading global provider of education and training for risk professionals, enabling and empowering you to make better-informed risk decisions. The institute prepares risk management professionals for the challenges of today and the opportunities of the future.
Our internationally recognised online professional qualifications advance those working at risk throughout their careers, with employers across the globe actively looking to hire IRM qualified risk professionals.
Benefit from our 30 years of experience to supercharge your career and to:
|Gain more confidence in your role|
How much does it cost?
International Certificate in Enterprise Risk Management (ERM)
|Enrolments for the June 2023 examination sessions open in September 2022.|
Support your studies with our Blended Learning Virtual workshops, designed to help structure your study, reinforce your understanding of the material and improve your chances of exam success.
Discounted rates are available for groups of 10 or more employees enrolling for the same session from the same organisation.
What is included in the fees?
To support the self-directed study of the International Certificate in Enterprise Risk Management, you will receive access to:
Students will receive access to:
|Online learning environment||Student handbook||Discussion forum||Module coaches|
|Revision webinars||Sample exam questions||Online resource centre||Dedicated student support team|
Please note: Core textbooks for this qualification are not included in the course fees and need to be purchased separately.
How to enrol
There are no formal entry requirements, and this certificate is relevant to all sectors globally. It is recommended that students have some basic understanding of risk management tools and techniques.
|Access to 5000+
global test centres
IRM's qualifications are delivered and assessed in English. 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.
Submit your online enrolment and a member of the student support team will get in touch with you to onboard you to the qualification.
Over 10,000 students from 143 countries from the likes of:
have accelerated their careers with us.
November / December 2022 Exams
01 Feb 22 - Enrolment opens
Access to the virtual learning environment (Moodle) becomes available upon payment
31 May 22 - Enrolment closes
01 Jun 22 - Official study period starts
21 Nov 22 – 25 Nov 22 - Principles of Risk & Risk Management exam
28 Nov 22 – 02 Dec 22 - Practice of Risk Management exam
|Exam session||Enrolment window|
|December Exams||1 February - 31 May|
|June Exams||1 July - 31 December|
Please note that the enrolment is not an enquiry form or an expression of interest. By completing the online enrolment application you are enrolling as a student on to the course for the qualification and must pay the course fees; you will be asked to pay your full course fees by debit/credit card (MasterCard or Visa) at the end of this online application.
Alternatively, if your organisation is sponsoring you and has already agreed to cover the cost of your course fees and needs an invoice raised you can select this option. Please ensure that you have all of the correct invoicing details before starting this process - information you will need from the person agreeing to sponsor you includes a PO number, invoicing email address, and invoicing postal address. A PO cannot be accepted as an enrolment, and an enrolment form will need to be completed as well as submitting a PO.
If your organisation is sponsoring your course fees, please ensure that this has already been agreed before starting the enrolment process, as once the enrolment form has been submitted, full payment is required.
What happens once the qualification has been completed?
Completion of the certificate 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).
How long does it take to complete?
There are two enrolment periods each year and students should consider the time commitment for study before enrolling on the course; the Certificate can be completed within 6-9 months, and the study time available will depend on when the full course fees have been paid 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 on to the course. An indicative study time for the qualification is between 180 and 200 hours per module.
Can the modules be split across different exam sessions?
The course consists of two modules which are studied together. The exams for both are sat in the same exam period that relates to their enrolment window, and cannot be split.
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.
When do the exams take place?
There are two examination sessions for the Certificate. These are normally early June and late November. The exact dates can be found on the exam timetable.
Can I defer my exams once I have enrolled and paid for my course?
Unfortunately, we do not offer deferrals as such on exams within our Examination Policies, Procedures and Regulations. If candidates are not able to sit their scheduled exams for any reason, they can decide not to attend the exam and will be marked as absent. There is a fee for entry to a later exam session - £175.00 / £125.00 (Low GDP rate) GBP per exam, and will be charged upon any future re-sits of the missed exam(s).
Not attending any of your scheduled exams will use up one of your three attempts at each exam, but you will not be penalised at all in terms of marks or grading for sitting in a later session.
Are the textbooks included in the fee?
Students need to purchase the books themselves, they are easy to find online and can be delivered anywhere in the world.
Successful graduates automatically become Certificate Members (IRMCert). You will also have met the prerequisite for acceptance on to the International Diploma in Risk Management.
When you enrol on the International Certificate in Enterprise Risk Management qualification you will automatically be registered as a student member of IRM for a maximum of two years, or until you complete the course - whichever comes first. You will only continue to have student membership as long as you are entered for an exam.
Discounted rates are available for groups of 10 or more employees enrolling for the same session from the same organisation. For further details please contact our Business Development Manager - Joanna Kraska.
+44 (0)20 7709 4117