How much true might this be?
For governments anticipating, analyzing and managing risk has become progressively important and every one forms of businesses across the globe. The wants of the project atmosphere are regularly growing and turning into virtual, multifarious and world. Thus, it’d not be associate degree exaggeration to state that a Risk management certification relevant to your career will surely strengthen your skilled capability and reinforces your employability.
In this article, I will be discussing with you the top 4 Risk management certifications across the globe.
Top 4 Risk Management Certifications
- Risk Management Professional (PMI-RMP)
- Certified Risk Managers (CRM)
- RIMS-Certified Risk Management Professional (RIMS-CRMP)
- Financial Risk Managers (FRM)
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PMI-RMP® Certification
PMI-RMP one of the most demanding certificate from the project management market and it is the most esteemed in the industry. Candidates needs to earn credit for organization. Project Management Institute (PMI) makes you stand apart from the rest of the employees and PMI-RMP is offered by Project Management Institute (PMI).
Benefits of PMI-RMP®
- In the project management industry PMI-RMP certification is most highly recognized.
- Candidate’s carrier levels go to whole new level by involving in this.
- A handsome salary is paid to a certified candidate but 13 times less money is paid to a weak performer.
PMI-RMP® Exam Eligibility
PRI-RMP is set in a different manner for the eligibility criteria. Candidate needs an four year of work experience in case with no degree. But if a candidate have the bachelor’s degree, work experience is required for 2 years. With a master degree there is no work experience degree.
PMI-RMP® Target Audience
- Risk managers
- Project managers
- Line managers
- Finance managers
- Business Analysts
PMI-RMP® Exam Format
Course Name | Online PMP® exam prep. |
RMP Certification Member | $520.00 |
Non-member | $670.00 |
Duration | 3.5 hours |
Total questions for
RMP Exam |
170 questions |
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Certified Risk Manager (CRM) Certification
To build their risk management skills by the CRM (Certified Risk Manager) program can be done. CRM program helps you to gain credibility and command in organization or firm.
Benefits of CRM
- In utilizing quantitative and qualitative tools needs an extensive education.
- By instructors who are engaged shared the real-life cases and experiences.
CRM Exam Eligibility
It is important to have basic understanding about studying these courses as this is rigorous. Work experience of 2 years helps you in understanding domain.
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CRM Target Audience
- Risk managers
- Insurance professionals
- Financial professionals
- Licensed brokers
- Licensed agents
- Accountants
- Solicitors
CRM Exam Format
Exam fees | $430 |
Exam duration | 2.5 hours |
Question type | Essay/short answer exam |
Organized by | Natation alliance for insurance education and research |
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RIMS-CRMP Certification
The RIMS-Certified Risk Management skilled (RIMS-CRMP) is that the one and solely competency-based risk management certification. This certification offered by the danger Management Society once hooked up to your profile can demonstrate however skillfully you manage risk so adding worth to your organization. the edges may be a non-profit organization that represents over three,500 organizations across the world.
Benefits of RIMS-CRMP
- Earning RIMS-CRMP makes sure that a candidate is with a strategic thought process, can steer through the risk environment.
- Over your peers or employers, a candidate can be sure about earn a competitive edge.
RIMS-CRMP Target Audience
- With a Risk management background and has at least one year of relevant work experience, Bachelor’s degree holders.
- At least with 3 years of relevant work experience with Bachelor’s degree holders are eligible.
- At least with a 7-years in the risk management industry candidate is eligible.
RIMS-CRMP Exam Format
Total questions | 120 questions |
Exam fee | RIMs Member : $350 Non-Member : $500* |
Exam Duration | Two-hour duration |
Testing center | Pearson VUE (across globe) |
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Financial Risk Manager (FRM®) Certification
There has ne’er been a lot of vital time to stand out. So, begin right away, because the risk management business is turning into a lot of and a lot of competitive, professionals succeed those that analyze.
To give you a glimpse of what FRM certification will do for you, here’re the highest employers rent FRMs (banks and companies) – because the exams are easier than the depth of the syllabus, you aim to focus a lot of on the syllabus than the exams. Usually, the interviewers check for the mental object of FRM professionals throughout interviews.
Benefits of FRM
- To people who do not come from a risk management background, FRM provides an ideal pathway to switch careers and explore the wonderment of the risk management profession.
- In the USA, the demand for this particular certification is so high that an average certification holder may earn anywhere between US$100,000 and US$250,000
FRM Target Audience
- Operational risk Analysts
- Risk Management Analysts
- Risk qualification Manager
- Enterprise Risk Manager
- Risk Qualification Manager
FRM Exam Format
Exam Duration | FRM part – 1st = 100 FRM part – 2nd = 100 |
Question type | MCQs |
Exam fee | Part 1st = early – $400, standard – $425, Late – $550 Part 2nd = early – 0, standard – $350, Late – $475 |
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