PRM Exam 1 Exemptions – Cross-Over Exemptions
PRMIA recognizes the high standards and rigorous content of qualifications such as the CIIA (Certified International Investment Analyst), CFA (Chartered Financial Analyst) and GARP's FRM (Financial Risk Manager). These programs cover extensive material that aligns closely with the content of the PRM Exam 1, which focuses on foundational risk theory. By granting exemptions for these designations, PRMIA acknowledges the expertise these candidates bring in finance, investments, and risk management.
Candidates who receive these exemptions can directly proceed to the PRM Exam 2, which focuses on risk practices and is grounded in material developed by a global team of risk professionals. This ensures that individuals achieving the PRM Designation through this pathway are current with best practices in risk management.
This exemption pathway enables professionals with specialized knowledge in finance, investments, and related disciplines to seamlessly qualify as risk professionals via PRMIA, enhancing their credentials and aligning them with the global standards of risk management excellence.
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Program
|
Awarding Organization
|
PRM Program Exemptions
|
|
Chartered Financial Analyst (CFA)
|
CFA Institute
|
Exam 1, Experience
|
| CIIA charterholder |
Association of Certified International Investment Analysts (ACIIA) |
Exam 1, Experience |
| Financial Risk Manager (FRM) |
Global Association of Risk Professionals |
Exam 1, Experience |
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To be eligible for the cross-over exemptions, you must have been a current holder of the programs shown in the table at the time of enrollment into the PRM program.
For questions on documentation and eligibility, contact [email protected].