Course syllabus and exam information

The Certificate is made up of two modules that are designed to be studied together. Learning in module 1 explores elements of the risk management process, while module 2 explains how organisational culture and appetite for risk may affect the implementation of such processes. Similarly, the discussion of risk management standards in module 1 supports the study of governance and risk architecture in module 2. 

Module One: Principles of risk and risk management

This module provides an introduction to the principles and concepts of risk and risk management. It explores the history of risk management to help gain an understanding of current drivers of enterprise risk management, as well as the development and impact of international standards.

Key topics include:

  • The concepts and definitions of risk and risk management
  • Risk management standards
  • Enterprise risk management
  • Risk assessment, identification, analysis and evaluation
  • Risk responses and risk treatment

Module Two: Practice of risk management

This module explores the impact of the global business environment on risk. It examines issues relevant to specific sectors and geographical areas, and the needs and demands of various stakeholder groups, including regulatory authorities.

Key topics include:

  • An overview of the global business and risk environment
  • Risk architecture, strategy and protocols
  • Risk culture, appetite and tolerance
  • Risk and organisations, including an introduction to corporate governance, project and operational risk management, and supply chain management
  • Organisational risk management, emerging risks and future developments

Download the full syllabus »

Successful completion of these modules enables you to move onto the subsequent modules of the International Diploma in Enterprise Risk Management.

What material will I have access to support my studies?

You can study the International Certificate Enterprise Risk Management through self-directed distance learning. Distance learning gives you the flexibility to study at home at your own pace. Our extensive global network of examination centres and our special centre policy means you can study and take your examinations anywhere in the world. 

Students will receive access to:

 Online Learning  Student Handbook  Discussion Forum  Module Coaches
Online learning environment  Student handbook Discussion forum Module coaches


 Revision Webinars  Sample questions  Resouce Center  Student Support
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.

We also offer a blended learning option for students who prefer a more interactive learning experience. 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 exam information do I need to know?

IRM’s examinations are computer-based. Module content will be assessed through the use of the learning outcomes. 

There are two examination sessions per year in June and December.

Examination session Material Activity
June 2022 Examination timetable Download here >>
December 2022 Examination timetable Download here >>

What are the key dates for the December 2022 examination sessions?

Date Activity
01 February 2022 Enrolment opens
  Access to the virtual learning environment (Moodle) becomes available upon payment
31 May 2022 Enrolment closes
01 June 2022 The official study period starts
21 – 25 November 2022 Principles of Risk & Risk Management exam
28 November - 02 December 2022 Practice of Risk Management exam

Where can I take the International Certificate in Enterprise Risk Management exams?

Examinations are held at Pearson VUE test centres and are computer-based. Pearson VUE has an extensive test centre network across the world.

Students will be notified of the date they can book the test centre for the exam after they have enrolled on the qualification and their payment successfully processed.

Are there any exemptions?

If you already hold one of the risk management qualifications on this list you will be exempt from the International Certificate in Enterprise Risk Management and may apply directly to become a Certificate Member of IRM.

Download a Certificate Membership application form.

Download the Standard Exemptions application form.

You may also be exempt from some of the modules on the International Diploma in Risk Management, should you wish to continue towards a full professional qualification.

How can I make special needs and access arrangements?

Wherever possible, examination arrangements will take into account any special requirements you have. If you complete an application for special arrangements, we must receive your completed form no later than 28 February for the June examinations, and by 31 July for the November/December examinations. This is to give us enough time to effectively help you with your requirements. While we aim to meet all requests, we cannot fulfil requirements where applications are received late.

Special arrangements application form

Special needs and access policy