International Certificate in Enterprise Risk Management
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.
The qualification provides you with an:
- Introduction to the principles, concepts and practice of risk and risk management
- Understanding of the multi-disciplinary nature of risk management within any type of organisation
- Understanding of current risk management thinking, standards and regulations across of the world
- Entry route to the International Diploma in Risk Management
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.
There are also other ways of having your learning and experience recognised via either our non-standard exemption routes or accreditation of prior learning.
View the ERM certificate qualification brochure here
Principles of Risk and Risk Management
An introduction to the principles and concepts of risk and risk management, it explores the history of risk management to help students gain an understanding of current drivers of enterprise risk management, as well as the development and impact of international standards.
Practice of Risk Management
Exploring the impact of the global business environment on risk, it examines issues that are relevant to specific sectors and geographical areas, and the needs and demands of various stakeholder groups, including regulatory authorities.
Equivalent to degree level.
5-9 months
Students undertaking the International Certificate in Enterprise Risk Management qualification must complete the qualification within two years of enrolling as a student. Three attempts are permitted within this timeframe and each attempt will require you to pay a re-sit fee. You will continue to have access to your learning materials After this point, students will be required to re-enrol and pay a further enrolment fee.
An indicative study time for the qualification is between 180 and 200 hours per module.
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.
Blended learning
We 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.
In-house
Through our in-house training, we work with you to develop and deliver bespoke training courses to meet all your objectives. We develop the course and reference materials which can be delivered on a rolling basis or as a unique event, depending on your requirements.
Student membership: 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. Students will also receive access to:
- eTextbook
- The Study – online student area
- Student handbook
- Study guides
- Discussion forum
- Module coaches
- Risk in the Real World videos
- Live webinars
- Specimen and past exam papers
- Online resource centre
- Guides and briefings
- Dedicated student support team
There are no formal entry 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.
IRM’s examinations are online and computer-based. Module content will be assessed through the use of the learning outcomes.
Please note: You can only enrol for one Certificate per exam session.
Examination Dates
June 2020 examination dates
Download the June 2020 examination timetable
December 2020 examination dates
Download the December 2020 examination timetable
Examination Centres
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.
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 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.
Standard 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.
You may also be exempt from some of the modules on the International Diploma in Enterprise Risk Management, should you wish to continue towards full professional qualification.
Non-standard exemptions
If you hold a qualification/award with which we have not already approved, but which you feel covers the syllabus of one or more modules, you might still be able to claim an exemption. You will need to provide evidence that the qualification/award you hold covers a minimum of 80% of the syllabus for the module you are applying for and has been tested to a level equivalent to the International Diploma.
Download a non-standard exemption form here
Accreditation of prior learning (APL)
Our Accreditation of Prior Learning Scheme (APL) recognises that people learn and demonstrate knowledge in ways other than through a process of formal study and examination. It allows you to demonstrate that you have met the theoretical requirements of the International Diploma modules through practical work experience or non-certificated training rather than by examination.
You must have a minimum of five years risk management experience to be eligible to apply and you will need to demonstrate your professional competence through the completion of a detailed portfolio of experience.
Successful graduates automatically become Certificate Members (IRMCert).
You will also have met the prerequisite for acceptance on to the International Diploma in Enterprise Risk Management.
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 Enterprise Risk Management; this is the first step of the journey to become 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 10 months, and 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.
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.
When do the exams take place?
There are two examination sessions for the Certificate. These are normally early June and late November. 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 GBP per exam, and will be charged upon any future re-sits of the missed exam(s).
Not attending your 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.
Student membership
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.
Group enrolments
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
December 2020 session course fees
| Standard rate | £2,095.00 |
| Member rate | £1,895.00 |
|
Low GDP rate To qualify for the Low GDP Rate, you must meet all of the following:
|
£1,780.00 |
Qualification course fees are VAT exempt.
Group enrolments
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 4177
Payment methods
Full details of payment methods can be found on the enrolment form. Payment can be made using the following methods
- BACS / Bank transfer
- Debit / Credit card
- Invoice - payment must be made within 14 days of the invoice date.
Key Dates
December 2020 Exams
01 Feb 20 - Enrolment opens
01 Feb 20 - Study materials become available
31 May 20 - Enrolment closes
01 Jun 20 - Studying period starts
03 Dec 20 - Principles of Risk & Risk Management exam
10 Dec 20 - Practice of Risk Management exam
| Exam session | Enrolment window |
|---|---|
| June exams | 1 July - 31 December |
| December exams | 1 February - 31 May |
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.
+44 (0)20 7709 4125 