Certification

IRMT offers the following Certification:

1. Certified Risk Management Technician (CRMT)

CRMT is a foundation professional level certification in Risk Management. The objectives of this course is to provide understanding of the history, concept and principles of Risk and Risk Management and to prepare incumbent for the professional stage and performing of complex situations in risk management. The coverage will include Understanding of Risk Management Framework, head map consideration of Risk in specific business operational areas such as procurement, supply chain and professional services. The Risk Management Technician Examination Scheme shall consist of 100 weighted multiple choice questions and written case study question with a total score of 500 points where the pass mark is 375 points.

2. Certified Risk Management Professional (CRMP)

CRMP is a final professional level Certification in Risk Management.  The risk management professional examination scheme intends to build and nurture necessary competence for Risk Management strategist. It provides knowledge and skills in the use and application of risk management tools and nurture the details of Risk management and internal control framework. It covers the knowledge and skills on utilization of Risk Management techniques for effective decision making and provides competence and proficiency necessary for identifying and solving complex Risk situations such as fraud, project, procurement and other corporation areas in a multi discipline business environment.

3. Certified Financial Services Risk Specialist (CFRS)

CFRS is a final professional level Certification in Financial Services Risk Management. The financial services risk management professional examination scheme intends to build and nurture necessary competence for Risk Management strategist in the banking, insurance and financial sector. It provides knowledge and skills in the use and application of financial risk management tools and nurture the details of financial Risk management and internal control framework. It covers the knowledge and skills on utilization of Risk Management techniques for effective decision making and provides competence and proficiency necessary for identifying and solving complex financial Risk situations.

4. IRMT ISO 31000: Certified Risk Manager (CRM)

ISO 31000 is an international standard issued by ISO (International Organization for Standardization), and it is intended to serve as a guide for the design, implementation and maintenance of risk management.

ISO 31000 provides principles and guidelines to assist organizations in establishing, implementing, operating, maintaining and continually improving their risk management framework.

CRMP AND CFSRS STUDENT REGISTRATION REQUIREMENTS/ QUALIFICATIONS.

A person who wants to sit for and make registration of the PROFESSIONAL EXAMINATIONS (CERTIFIED RISK MANAGEMENT PROFESSIONAL AND CERTIFIED FINANCIAL SERVICE RISK SPECIALIST) MUST be required / qualified to have the following disciplines:

1. Bachelor of Accounting and Finance.
2. Bachelor of Banking and Finance.
3. Bachelor of Insurance and Risk management.
4. Bachelor of Business administration.
5. Bachelor of Science in Procurement.
6. Bachelor of Actuarial science.
7. Bachelor of Taxation.
8. Bachelor of Commerce.
9. Bachelor of Social Protection.
10. Bachelor of Economics and Finance.
11. Bachelor of Science in Information Communication Technology.
12. Bachelor of Science in engineering.
13. Bachelor of project management

CRMT STUDENT REQUIREMENTS

A person with a diploma and bachelor degree in any discipline from a recognized institution without background from the above requirements is eligible to sit for (CERTIFIED RISK MANAGEMENT TECHNICIAN.)

Application Forms

• CRMT Application form
• CRMP Application form
• CFSRS Application form
• IRMT ISO 31000: CRM Application form

SUMMARISED FEE STRUCTURE FOR THE YEAR 2023

Certification application form – Candidate passed the exam

1. CRMT
2. CRMP
3. CFSRS

***Offered in June and December each year***