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Institute of Risk Management - India Affiliate - …

Mumbai,Maharashtra

admissions@theirmindia.org

www.theirmindia.org/

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Institute of Risk Management - India Affiliate - [IRM India], India Affiliate 909, Unit No.9, 9th Floor, Corporate Park II, VN Purav Marg, near Swastik Chambers, Mumbai, Maharashtra 400071

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IRM India Highlights

Established \| Institute Type	1986 \| Not-for-Profit
Duration	Level 1: 2 months Level 2: 6-9 months Level 3: 12-18 months Level 4 & 5: Not applicable
Aptitude Test	RMAT
Exam Frequency	Level 1: 4 times a year (Feb/ May/ Aug/ Nov) Level 2: Twice a year (June & November) Level 3: Enroll anytime, Project-based assignments Level 4 & 5: No examination, Application-based
Examination Format	Level 1: Online, Computer-based multiple-choice questions (take the exam at the comfort of your home/office through a secured monitoring platform) Level 2: Computer-based at any of the 360 centers Level 3: Project and assignment based submissions Level 4 & 5: No examination, Application-based
Exam Level	International Professional exams to become Certified Fellow of IRM in Enterprise Risk Management (CFIRM)
Conducting body	IRM Global
Exam Flexibility	Opt-out at any stage after Level 2 with a designation; Opt-in at any time based on preparedness for the Next Level (not mandatory to complete all Levels)
Exam Centers	360 centers across India
Top Recruiters	Edelweiss, Aditya Birla Group, Larsen & Toubro, Deloitte, PwC, EY, Experian, Swiss Re, Barclays, AIG, Morgan Stanley, Willis Towers Watson, India First Insurance
Official Website	https://www.theirmindia.org/
Admission Helpdesk	+91-7977950966

IRM India Qualifications

Level 1 Enterprise Risk Management	Eligibility for Students Eligibility: 10+2 from a recognized board Age: Minimum 18 years of age Work Experience: No experience or up to a maximum of 24 months experience Duration: 2 Months Eligibility for Working Professionals Eligibility: Graduation from a recognized university Age: Minimum 21 years of age Work Experience: Minimum 24 months’ full-time work experience in any field/sector (except risk management) Exams: Exams conducted four times in a year (Feb /May /Aug /Nov) (70% pass rate generally) Modules: 3 units Study time: 60 hours Free live study sessions by IRM: 16 hours of live study support sessions
Level 2 IRMCert	Eligibility: IRM Level 1 qualified or 2-3 years of experience in risk management International certification Duration: 6-9 Months Exams: June & November exams (Choose from 360 exam centers across India, 60% pass rate generally) Modules: 2 modules in each option Study time: 180-200 hours per module Free live study sessions by IRM: 6 hours of live webinars
Level 3 Grade IRM	Eligibility: Graduation/post-graduation & IRM Level 2 qualified Duration: 12-18 Months Exams: Enroll anytime, Project-based assignments Modules: 4 modules Study time: 180-200 hours per module
Level 4	Eligibility: IRM Level 3 with minimum three years experience in a risk role Duration: Not applicable Exams: No examination, Application-based
Level 5	Eligibility: IRM Level 4 Duration: Not applicable Exams: No examination, Application-based
Digital Risk Management, Supply Chain Risk Management	Eligibility: At least graduation or IRM Level 2 Duration: 6-9 Months

IRM Qualified Students/ Professionals working in the Industry

Stage	Average Salary
Early Career (Graduate + IRM Level 1 or 2)	INR 5.8 lakhs to INR 9 lakhs
Mid-Career (PG + IRM Level 1 or 2)	INR 10 lakhs to INR 18 lakhs
Experienced (Level 3 + Work Experience)	INR 19 lakhs to INR 26 lakhs
Senior (Level 4 + Work Experience)	INR 27 lakhs to INR 28 lakhs
Chief Risk Officer / Risk Head	INR 75 lakhs and upwards

IRM India Course & Fee Details

Level 1 – Enterprise Risk Management	₹ 29,500
Level 2 – Designation : IRMCert	₹ 1,83,340
Level 3 – Designation : GradIRM	₹ 3,60,500
Level 4 – Designation : CMIRM	Joining fee: ₹ 39,000 Annual membership fee: ₹ 25,000
Level 5 – Designation : CFIRM	₹ 8,500
Digital Risk Management Certificate	INR 1,20,922 including 18% GST on registration fees
Supply Chain Risk Management Certificate	INR 1,20,922 including 18% GST on registration fees

IRM India FAQs

Aryan Gupta 2 years ago (reviewed on google)

I didn’t belong to the risk industry when I registered for IRM exams in India; however, I didn’t require to keep any coaching or tuitions to clear the Level 1 exams. All thanks to their strong resource support that includes the live webinars/study sessions, module coaches, discussions forums and learning materials.

Mridual Chomal 2 years ago (reviewed on google)

Its one of the best risk management institute if you want to gain some real knowledge in the field of Risk Management. The tutor, resource material are very helpful in acquiring the knowledge in the risk management domain. Anybody looking for gaining knowledge in this field, one must go for IRM.

Sandip Kavitkar 4 years ago (reviewed on google)

It's very useful for professionals as well as fresh graduate students.

Priyanka Pardeshi 4 years ago (reviewed on google)