PRM Fees
Graduates of PRMIA Risk Accreditation Programs are exempt from PRM™ Exam 1 and may enroll directly to take PRM™ Exam 2.
Those who are part of both a PRMIA Risk Accreditation Program and a PRMIA University Partnership Program may also be eligible to enroll through the PRM Certificate Programs for Recent Graduates and Students pathway.
If you have any questions, please contact [email protected]
University Degree Programs
Listed below are those programs currently holding a PRMIA Risk Accreditation. These universities have each completed a rigorous application process.
To earn exemption from PRM™ Exams, graduates from these programs must pass all of the courses listed within the program shown below. A "pass" is determined based on the University's grading policy or, in the absence of a university grading policy, PRMIA will accept any course with a letter grade of B or better (e.g., B−, B, B+, A−, A, A+).
Click on each degree program name for a list of required courses. A link to the university's program webpage is provided.
Bayes Business School – Master of Science in Quantitative Finance
- BBM130 Asset Pricing and Derivatives
- SMM270 Financial Econometrics
- BBM131 Programming for Quants
- BBM132 Mathematical Finance
- SMM269 Fixed Income
- SMM272 Risk Analysis
Coventry University London – MSC Investment Risk and Trading,
MSC Investment Risk and Trading with Professional Practice,
and MSC Investment Risk and Trading with Professional Placement
- 7038MECO Equity and Fixed Income Strategies and Derivatives
- 7010MECO Hedge Funds and Other Alternative Investment Strategies
- 7013MECO Econometrics and Algorithmic Trading
- 7014MECO Market and Credit Risk Management
ICMA Centre, Henley Business School, University of Reading - Masters in Financial Risk Management
- (Formerly ICM331 Securities and Investments, ICM107 Securities, Futures and Options and ICM108 Fixed Income and Equity Investments)
- ICM337 Econometric Analysis for Finance (formerly ICM103 Quantitative Methods for Finance)
- ICM231 Financial Instruments
- ICM402 Financial Securities and Markets (Formerly ICM332 Financial Markets and Institutions and ICM106 Financial Markets)
- ICM207 Market Risk
Imperial College London - MSc Risk Management & Financial Engineering
- Markets and Securities
- Risk Management and Valuation
- Financial Engineering
- Investments and Portfolio Management
- Stochastic Calculus for Finance
- Empirical Finance: Methods & Foundations
- Foundations in Financial Statistics
- Financial Statistics
National Institute of Bank Management (NIBM) - PGDM Banking & Financial Services
- Corporate Finance
- Foundations of Risk Management
- Security Analysis & Portfolio Management
- Integrated Treasury Management
- Financial Markets and Products
- Financial Derivatives
- Bond Portfolio Management
- Financial Engineering and Structured Finances
- Agri-Commodity Derivatives
- Statistics for Management
- Econometric Methods and Research Analysis
- Foundations of Mathematics
- Corporate Governance and Business Ethics
- Operational Risk Management
- Intermediate Risk Management
- Integrated Risk Management
- Advanced Risk Management
Current students or past students (who passed during the last two years beginning in 2022) enrolled in NIBM's accredited Risk Management courses of PGDM (Banking & Financial Services) are eligible for exemption from the PRM 1 (Professional Risk Manager) exam.
North–West University; South Africa – Honors BSc in Quantitative Risk Management
- BWIN613 Financial Engineering I
- BWIR671 Research Module: Financial Engineering and Modelling (formerly BWIN623 Financial Engineering II)
- BWIN614 Investment Theory I
- EKRP311 Risk Management
- EKRP321 Financial Markets
- WISN211 Multivariable Calculus I (formerly WISN211/WISK211 Analysis III)
- WISN212 Linear Algebra I (formerly WISK212 Linear Algebra I)
- APPM222 Numerical Methods (formerly TGWN223 Numerical Analysis/WISK221 Analysis IV and WISN221)
- MTHS222 Linear Algebra II (formerly WISN222/WISK222 Linear Algebra II)
- STTN225 Statistical Interference and Data Analysis (formerly STTK311/STTN311 Statistical Interference)
- STTN215 Probability and Sampling Theory (formerly STTK221/STTN221/STTN225 Probability Theory)
- STAT622 Linear Statistical Models and Experimental Design (formerly STTN612/STTK612 Statistical Data Analysis: Models)
- STAT612 Financial Time Series (formerly STTN622/STTK622 Statistical Data Analysis: Time Series)
Queen's University Belfast - MSc Financial Risk Management
- FIN7021 Foundations of Risk Management
- FIN7022 Credit and Enterprise Risk Management
- FIN7026 Asset Pricing
- FIN7028 Advanced Financial Data Analytics
- FIN7029 Financial Modeling in Python
- FIN9005 Corporate Finance
- FIN9007 Derivatives
- FIN9008 Financial Data Analytics
University College Dublin, Smurfit School of Business – MSc in Quantitative Finance
- Derivative Securities
- Econometrics
- Financial Theory
- Fixed Income Securities
- Introduction to Numerical Methods
- Portfolio and Risk Management (formerly Risk Management and Financial Institutions)
- Capital Market and Instruments (formerly Empirical Finance)
- Quantitative Methods for Finance (since 2017)
- Advanced Statistical Computing Methods for Finance (since 2017)
University College London – MSc Finance with Data Science
- Corporate Finance and Financial Markets
- Financial Econometrics and Data Science
- Time Series Analysis and Forecasting
Plus completion of at least one of the following:
- Options and Derivatives
- The Economics of Trading and Exchanges
- Investment Strategies and Risk Management
University of Canterbury –MCom (Finance)
- FINC203 - Financial Markets, Institutions and Instruments
- FINC301 - Corporate Finance: Theory and Policy
- FINC311 - Investments
- FINC312 - Derivative Securities
- FINC331 - Financial Economics
- FINC344 - International Finance
- FINC623 - Advanced Derivatives Securities
- FINC305/FINC616 - Financial Modeling
- FINC629 - Credit Risk Management
- ECON213 – Introductions to Econometrics
- ECON324-S1 – Econometrics
University of Hong Kong - Bachelor of Science in Quantitative Finance
- FINA1310 Corporate Finance
(or STAT3904 Corporate Finance for Actuarial Science)
- FINA2320 Investments and Portfolio Analysis
(or STAT3609 The Statistics of Investment Risk
or STAT3952 Investment and Asset Management)
- FINA2322 Derivatives
(or IMSE4110 Financial Engineering
or MATH3906 Financial Calculus
or STAT3618 Derivatives and Risk Management
or STAT3905 Introduction to Financial Derivatives
or STAT3910 Financial Economics I)
- FINA3323 Fixed Income Securities
- FINA3350 Mathematical Finance
(or MATH3906 Financial Calculus)
- FINA3351 Spreadsheet Financial Modeling
- MATH1013 University Mathematics II
(or MATH1821 Mathematical Methods for Actuarial Science I
or MATH1851 Calculus and Ordinary Differential Equations and MATH1853 Linear Algebra, Probability and Statistics)
- MATH2014 Multivariable Calculus and Linear Algebra
(or MATH2822 Mathematical Methods for Actuarial Science II
or MATH2211 Multivariable Calculus and (MATH2101 Linear Algebra I or MATH2102 Linear Algebra II))
- STAT2601 Probability and Statistics I
(or STAT1603 Introductory Statistics
or STAT2901 Probability and Statistics: Foundations of Actuarial Science)
- ECON2280 Introductory Econometrics
(or STAT3614 Business Forecasting
or STAT3907 Linear Models and Forecasting)
- FINA4354 Financial Engineering
- FINA3322 Credit Risk
(or STAT4607 Credit Risk Analysis)
University of Waterloo - Bachelor, Mathematics/Financial Analysis and Risk Management
- MATH 136 and 235 Linear Algebra 1 for Honours Mathematics and Linear Algebra 2 for Honours Mathematics (Formerly Algebra II and III)
- MATH 137 Calculus I for Honours Mathematics, Math 138 Calculus 2 for Honours Mathematics, and Math 237 Calculus 3 for Honours Mathematics (Formerly Calculus I, II, and III)
- STAT 230 Probability (Formerly Probability I)
- STAT 231 Statistics (Formerly Probability II)
- ACTSC 231 Introductory Financial Mathematics (Formerly Mathematics of Finance)
- COMM 101 Introduction to Financial Markets (Replaces ACTSC 371 Introduction to Investments)
- ACTSC 372 Investment Science and Corporate Finance (Formerly Corporate Finance)
- CS 335 Computational Methods in Business and Finance
- MATBUS 470 Derivatives OR ACTSC 446/846 Mathematics of Financial Markets
- MATBUS 471 Fixed Income Securities
- MATBUS 472 Risk Management or ACTS 445 Quantitative Enterprise Risk Management
- STAT 371 Applied Linear Models and Process Improvement for Business (Formerly Statistics for Business I)
- CO 372 Portfolio Optimization Models
University Degree Programs–Provisional Accreditation
Listed below are those programs currently holding Provisional PRMIA Risk Accreditation. Provisional Accreditation is available to programs which have less than a three year history. Exam exemptions are not available with provisional accreditation.
Sussex University
Contact [email protected] for questions regarding the PRMIA Risk Accreditation Program.