Please be sure to download and review the Associate PRM Guidebook which includes complete details about the program and its requirements. The questions below reflect some common questions received.
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What is the Difference Between the PRM Designation and the Associate PRM Certificate?
The PRM Designation is our most academically advanced program and designed to cater to all the needs of a Chief Risk Officer and Financial Risk Manager. Only successful candidates of the PRM designation are entitled to use the PRM title. The PRM is achieved by meeting the experience requirements and passing a series of exams, which are required to be successfully completed within a two year time frame.
Associate PRM members will receive a certificate and are not be entitled to use the PRM title.
The Associate PRM is intended for staff entering the risk management profession, or those who interface with risk management disciplines on a regular basis, such as auditing, accounting, legal, and systems development personnel who want to understand fundamental risk management methods and practices. Designed to be mathematically and theoretically less detailed than the Professional Risk Manager (PRM) certification, the Associate PRM certificate covers the core concepts of risk management, allowing non-specialists to interpret risk management information and reports, make critical assessments and evaluate the implications and the limitations of such results.
What are the Current Exam Dates?
You may take the exam on any available business day that is most convenient for you.
What is the Cost?
The cost of the Associate PRM program is $549 for Non Members, $499 for Sustaining Members, and $520 for Contributing Members. You can become a Member online.
Payment by credit card is required for online registration. Contact [email protected] if you need assistance with alternate forms of payment.
Are Discounts Available?
Discounts are available for groups of candidates from the same organization.
How Long is the Exam?
The time allowed for the exam is three hours.
How many questions need to be taken?
The exam consists of 90 questions.
Can I retake the exam?
Yes, the exam can be taken as many times as necessary to achieve a passing score. Candidates may retake the exam by paying purchasing a new exam authorization. The cost for a new exam authorization is $494 for non-members and is discounted for members. Please, contact [email protected] for a link to purchase a retake exam. Candidates must wait 90 days from the date of the the last exam attempt to retake the exam.
Can I cancel or reschedule my exam?
In recognition of the busy and changing schedules of risk managers, you may change your exam appointment without charge through the Pearson VUE system. Please note that all change requests must be made at least one business day before the testing date or the entire exam fee will be forfeited. When canceling and rescheduling your exam, be sure you fully complete the process in your Pearson Vue account and check that you receive a confirmation email so you don't miss the exam by mistake. PRMIA cannot reopen exam authorizations once they are marked as a "no show".
Are there any pre-requisites to write the exam?
The only prerequisite to take the APRM exam is to have an account with PRMIA.
Does the Exam Have Multiple Choice or Written Answers?
The exam questions are all multiple choice.
How do I Register?
Enroll and pay the program fee. Within 2-3 business days of program payment, you will receive an email from [email protected] with instructions on how to access the exam authorization. You are required to create an account with Pearson VUE. Then, you may schedule the exam.
Space at testing centers is reserved on a first-come, first-served basis, so you are encouraged to register as soon as possible.
What do I receive with registration?
The program fee will provide you with an authorization to take the exam and access to the digital version of the handbook. The exam authorization is valid for 1 year after purchase of the program fee. A retake exam must be purchased if the authorization expires before the exam is taken.
What information is shared with Pearson VUE?
In order to authorize you to take the Associate PRM examination, PRMIA sends the following details to Pearson VUE. These details are taken from your primary address and phone number you provide in your PRMIA profile. The data are sent to Pearson VUE only when you purchase the APRM program fee or a retake exam fee.
- PRMIA unique identifier (your member ID)
- First and Last Name, and Middle Name or Prefix, if provided
- Salutation, if provided
- Email address
- Primary address and phone number
Visit the PRMIA Privacy Policy for more information.
What is the Passing Grade?
The passing grade is 60%.
Where can I Take the Exam?
The exams are offered by Pearson VUE at approximately 6,000 secure and convenient testing centers in more than 170 countries throughout the world.
What kind of Testing Site Security will there be?
Candidates will be required to present two forms of official identification when arriving at the test center. The Candidate must also provide a digital signature using a signature pad and a digital photograph will be taken during the admissions process at the testing center. No papers may be brought into the examination room, and all rooms are videotaped during testing and monitored by a proctor using a parabolic mirror. Scratch paper is provided at the site, but candidates must leave all papers in the testing room upon completion of the exam.
Can I Bring a Calculator, Mobile, or other Device into the Exam?
No. A calculator and other devices are neither needed nor allowed for this exam.
I Want to Know More Details. What Should I Do?
Send an e-mail to [email protected] with any questions.
Where do I find my exam results?
Exam results are posted to the "PRMIA Certification Profile" tab within your PRMIA account. The Learning and Development team conducts an item review and QA step before results are posted. PRMIA makes every effort to post results as soon as possible, and all results are posted no later than 15 business days from the date of the exam.
How and when do I receive my Associate PRM Certificate?
After becoming certified your certificate number is available via your Certification Profile Tab in your PRMIA Profile. Digital certificates are issued by Accredible.
What information is shared with Accredible?
Accredible is the provider of the PRMIA digital certificates. In order to provide the digital certificates within the
PRMIA Public Directory of APRM Certificate Holders, PRMIA sends the following details to Accredible. These details are taken from your exam records, as shown in your PRMIA Certification Profile tab in your PRMIA profile. The data are sent to Accredible only once the APRM Certificate is achieved and the status changes to "Holder".
- PRMIA unique identifier (your member ID)
- First and Last Name, and Middle Name or Prefix, if provided
- Email address
- Certificate Number
- Certificate Date
Visit the
PRMIA Privacy Policy for more information.