Level of qualification
Equivalent to a postgraduate qualification.
There are no formal entry requirements for the Diploma. However, you will need to successfully complete (or be exempted from) the International Certificate in Enterprise Risk Management or the International Certficate in Financial Services Risk Management (Modules 1 and 2) before progressing to Modules 3-6 of the Diploma.
English language requirements
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.
How long does it take to complete?
It normally takes between 18 months and three years to complete the Diploma. You must complete the first two modules of the International Certificate in Enterprise Risk Management or the International Certficate in Financial Services Risk Management before progressing to Modules 3-6 of the Diploma. Once you have completed the first two modules, you will be awarded the International Certificate in Enterprise Risk Management or in Financial Services Risk Management and will be able to use the designation IRMcert. You can then re-enrol to complete the remaining diploma modules.
Qualification Completion Time Limit
Students undertaking the International Diploma in Enterprise Risk Management qualification have a maximum of five years to complete the qualification; the first two modules must be completed within two years of enrolling as a student and a further three years to complete the full Diploma.
Average study time
Each module takes between 180 and 200 hours of student effort. We recommend that you take no more than two modules in any one exam session.
All modules are assessed by an examination.
Module one is assessed by a 90 minute multiple choice examination
Module two is assessed through a combination of short answer and essay style questions
Module three and four are assessed by essay style questions
Module five is assessed by a mini case study and essay style questions
Module six is assessed by a full case study
Successful graduates automatically become Graduate Members (GradIRM).
There are two examination sessions for the Diploma. These are normally the first week in June and the last week in November. Click here for more details.
1 July - 31 December
1 February - 31 May
If you would like help from your employer to fund your studies, see our list of employer benefits that can be included in your business case.