Program Pricing and Exam Schedule

To enter the PRM Program you must enroll, pay your application fee and complete your application.  After a successful application approval, you will receive an "authorization to test" email to schedule exams with our testing center, Pearson VUE. The standard approach is to then complete both exams unless you are approved for an exemption

All PRM exams must be completed within a two-year period which commences from the date when your study materials and exam authorization are passed to you. The appropiate digital PRM Handbooks are included in the program. 

Note that candidates can now buy their exams individually or as a PRMIA member in a two exam bundle. However, as above, both exams must still be completed within two years.

 

Program Pricing

 

Membership Type Application  Price Per Exam2 Exam Bundle
Sustaining / Corporate / RIM Members $175  $650$1,200
Contributing Member $175  $700$1,350
Non-member $175  $800$1,500
 

PRM Candidates may purchase the PRM 1 and PRM 2 exam authorizations separately or together for a reduced price.
As the PRM exams may be completed in any order, this will facilitate a more flexiable approach for canidates.
With the bundle approach, candidates can acheieve their PRM Designation in an economical manner.

PRM Exam 1 Fee

Digital Handbooks included:
 - Foundational Theories and Techniques for Risk Management
 - Mathematical Foundations of Risk Measurement
PRM 1 Exam Authorization

PRM Exam 2 Fee

Digital Handbooks included:
 - Enterprise Risk Management Frameworks and Practices for Operational Risk Management
 - Risk Management Frameworks and Practices for Market Risk & Asset Liability Management
 - Practices for Credit and Counterparty Credit Risk Management 
PRM 2 Exam Authorization

Save with a 2 Exam Bundle

All five books:
 - Foundational Theories and Techniques for Risk Management
 - Mathematical Foundations of Risk Measurement
 - Enterprise Risk Management Frameworks and Practices for Operational Risk Management
 - Risk Management Frameworks and Practices for Market Risk & Asset Liability Management
 - Practices for Credit and Counterparty Credit Risk Management 
PRM 1 and 2 Exam Authorizations.

Group discounts may be available. Contact [email protected].

Program fees are not refundable: Given the flexibility offered by the PRMIA examination policy, all PRM Certification Application and Program Fees are considered a final sale and non-refundable or transferable under any circumstances. See the PRMIA Terms of Use for details.

 

PRM Examination Schedule

PRM examinations are administered at fixed intervals throughout the year. Sign into your PRMIA Member account to monitor your progress towards meeting the examination requirements.

Scheduling Window* Testing Window**
June 15 - September 6, 2024 August 12 - September 6, 2024
September 7 - December 13, 2024 November 11 - December 13, 2024
January 1 - March 7, 2025
February 10 - March 7, 2025
March 8 - June 13, 2025
May 19 - June 13, 2025
June 14 - September 5, 2025
August 11 - September 5, 2025
September 6 - December 12, 2025
November 10 - December 12, 2025
January 1 - March 6, 2026 February 9 - March 6, 2026
March 7 - June 12, 2026 May 18 - June 12, 2026
June 13 - September 4, 2026 August 10 - September 4, 2026
September 5 - December 11, 2026 November 9 - December 11, 2026
 

View the PRMIA examination policies and procedures.

*Scheduling Window - time frame in which you may contact Pearson VUE and set the date you will be sitting for your exam (testing window).

**Testing Window - days you can sit for your exam.

***Quebec Language Project - PRMIA exams will not be offered at the testing centers or remotely in Quebec. Due to the Quebec Language Project, all materials and exams are required to be offered in French. PRMIA is not able to offer the exam options in French at this time. Candidates will need to travel outside of Quebec to sit for their exams.

 

PRM Guidebook

Your complete complimentary guide to the PRM certification process. Developed to reflect the mission objectives of PRMIA and to establish the leading form of education, validation, and certification in the risk management profession. The PRM Designation is designed with four of the PRMIA Mission objectives in mind:

  • To be a leader of industry opinion and a proponent for the risk management profession
  • To drive the integration of practice and theory and certifying the credentials of those in our profession
  • To be global in our focus, promoting cross-cultural ethical standards, serving emerging as well as more developed markets
  • To be transparent, nonprofit, independent, member-focused and member-driven


Get the Guidebook

 

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