Institute of Risk Management – India Affiliate – [IRM India] Courses and Fees
Courses
Courses & Fees
IRM India Qualifications, Eligibility and Fee Structure
| Level / Qualification | Examination | Eligibility | Designation | Study Period | Details | Know more |
| 1 | Feb, May, August, November | Students after completing 12th grade | None | 2 months |
IRM’s Level 1 empowers students and professionals with complex problem solving, analytical thinking and decision-making skills, drawing reference from real-life examples across all areas of risk.
Get access to free study support sessions delivered virtually by IRM experts for 8 hours spread over 2 days, including study material that will help you in preparing for the examination. |
https://www.theirmindia.org/level-1 |
| 2 | Feb, May, August, November | Working professionals | None | 2 months | https://www.theirmindia.org/level-1 | |
| 3 | June & November | IRM Level 1 or anyone with 2-3 years of experience in risk management | IRMCert | 6 – 9 months |
IRM’s Level 2 Qualification will enhance your knowledge in risk management with studies on the global business environment and issues that are relevant to various sectors and geographical areas. Students and professionals can choose from ERM or Financial Services ERM, depending on their area of interest. You will also be registered as a student member of IRM Global, with access to a virtual learning environment, module coaches, live webinars and a core textbook for the ERM option. |
https://www.theirmindia.org/level-2 |
| 4 | Project based | IRM Level 2 | GradIRM | 12 – 18 months |
IRM’s Level 3 Qualification takes you on a pathway towards the role of a Chief Risk Officer and has also been the global choice of education for the last 30 years. IRM has updated the syllabus for the International Diploma to ensure our students are informed of the best practices in risk management. Students will benefit from our new online learning platform, the Virtual Learning Environment (VLE). The VLE supports students step-by-step through the modules and provides activities and quizzes to help master the subject matter. Students can submit their assignments when they are ready, no more exam centres. IRM’s Level 3 provides you with the knowledge and skills to manage risk and maximise opportunities in any organisation. |
https://www.theirmindia.org/enquiry |
| 5 | Membership based on experience | IRM Level 3 or anyone with 8 years experience in risk management | CMIRM | Not applicable | As a GradIRM, you can apply to become a Certified Member (CMIRM) once you have acquired 3 years’ professional experience (including any time you may have spent working while studying). | https://www.theirmindia.org/enquiry |
| 6 | Membership based on experience | IRM Level 4 | CFIRM | Not applicable | Once you have held the CMIRM designation for at least 2 years, and have a minimum of 8 years’ practical risk management experience, you may apply to become a Certified Fellow (CFIRM). | https://www.theirmindia.org/enquiry |
| Digital Risk Management | June & November | Graduation | None | 6 – 9 months |
The Digital Risk Management Qualification is awarded by IRM and Warwick University. This qualification is ideal for anyone looking to develop an understanding of risk management in the digital era. The qualification has been designed to introduce learners to digital disruption, its causes and consequences and to equip individuals with the tools and techniques to apply their skills in a digital world. |
https://www.theirmindia.org/enquiry |
| Supply Chain Risk Management | June & November | Graduation | None | 6 – 9 months |
The Supply Chain Risk Management Qualification is awarded by the IRM and has beendeveloped with support from the Supply Chain Risk Management Consortium. The qualification introduces the concepts of supply chain risk management and equips risk practitioners with the ability to apply their risk management knowledge in a world where value is increasingly added via a supply chain. It explains how globalised outsourcing, specialisation and just-in-time (JIT) production are changing the risk environment for many organisations. The qualification provides a broad understanding of supply chain risk management principles and practices |
Qualification Highlights
| About | Level 1 | Level 2 | Level 3 | Level 4 | Level 5 | ||
| Designation | No designation | IRMCert Designation | GradIRM Designation | CMIRM Designation | CFIRM Designation | ||
| Name | Fundamentals of enterprise risk management for students and professionals | Qualification with two elective options to choose from: Financial Services Risk Management or Enterprise Risk Management | Project based Qualification ideal for for aspiring risk leaders | Professional membership grade | Professional membership grade | ||
| Duration | 1-2 months | 6-9 months | 12-18 months | Not applicable | |||
| Exams |
Exams conducted online every month (70% pass rate generally) |
June & November exams Choose from 360 exam centres across India (50% pass rate generally) |
Research and assignment based | ||||
| Modules | 2 units | 2 modules in each option | 4 modules | ||||
| Average Study Time | Study time: 40-60 hours |
Study time: 180-200 hours per module |
Study time: 180-200 hours per module | ||||
| Free live study sessions by IRM | 16 hours of live study support sessions | 6 hours of live webinars | |||||