IRM Exam Levels in Bengaluru
Becoming a certified ERM professional can be a pathbreaking achievement and exemplifies a strong understanding of risk identification, risk assessment, and mitigation strategies for a range of complex risk events across sectors. The IRM’s 5-level certification track starts with the Level 1 Foundation Exam, progressing to Level 2 International Certificate in General ERM v/s Financial Services ERM and designation ‘IRMCert’, then moving to Level 3 International Diploma in Risk Management entitling you to the designation ‘GradIRM’ and at par with an International Masters, with Level 4 giving you the Certified Membership status and ‘CMIRM’ designation and Level 5 being the highest grade in Enterprise Risk Management education i.e. Certified Fellowship or the ‘CFIRM’ designation.
Qualifications required for enterprise risk management in Bengaluru
In order to start a career in enterprise risk management and register for the Level 1 Foundation Student Examination, you need to have passed 12th grade and then you can pursue Levels 1 and 2 alongside your undergraduation. Level 3 can be pursued after graduation and Level 4 and 5 can be earned by experience.
Working professionals who are graduates can directly enrol for the Level 1 Foundation Professional Examination or Level 2 examination depending on their experience in risk management
Why enterprise risk management is right for you?
Risk is part of every business, from the pandemic to cyber threats to supply chain disruptions. The risks facing organisations are real, and there is increasing demand for qualified and skilled professionals who can help improve organisational resilience in an ever-evolving global landscape. Enterprise Risk Management (ERM) is an integrated and joined-up approach to managing risk across all departments of an organization (irrespective of any sector) and its extended networks.
Our qualifications are recognised globally as the industry standard in ERM. The curriculum for IRM’s global ERM examinations and certifications is periodically updated and reflects the new and evolving risk era we are in, ensuring our students are up-to-date with the latest best practices across sectors and areas of risk including international frameworks (like ISO 31000 and COSO 2004 and 2017), risk identification techniques, scenario planning, horizon scanning, evaluation of emerging risks, risk appetite and tolerance, risk treatment, risk reporting and communication, business continuity planning, internal audit and assurance and corporate governance. You will gain global skills like complex problem-solving, analytical thinking, negotiation and risk-based decision-making. These skills will help you develop, adapt, and implement robust risk mitigation strategies to improve any company’s or your own venture’s resilience and also develop yourself as a certified risk consultant if you wish to set up your own risk advisory.
What fundamentals does ERM cover?
IRM’s Global Level 1 Enterprise Risk Management (ERM) Examination is the first step towards starting a career in ERM with the world’s leading professional body.
The Level 1 ERM Exam is relevant for aspiring risk leaders, entrepreneurs, family business owners, risk champions, risk consultants, process owners, functional experts, or business heads. Students from any background can pursue the ERM exam considering the wide coverage of risks (i.e. finance, technology, legal, accounting, operations, management studies, and more) and the rising importance of risk intelligence as an important skill.
The Level 1 Examination covers the foundational knowledge that organisations expect as well as the critical risk identification and mitigation skills that professionals need to respond to complex uncertain events impacting all departments of an organisation that include marketing, human resources, procurement, supply chain, information technology, cyber security, sales, legal, research & development, environmental, social, governance (ESG) and many more. The curriculum empowers you with the theory and practice of enterprise risk management in-line with ISO 31000 standards, COSO framework, and industry best applications with a combination of case studies, applied exercises, and current affairs.
Additionally, outsourced services, IT security, supplier assessments, joint ventures and partnerships, alliances, and informal arrangements, together with the speed of change can all present challenges to organisations today. The Level 1 curriculum now also covers the study of the Extended Enterprise. Extended Enterprise looks at how all organisations are affected by the way that others in their value chain and network manage risk and the complexities that can arise from these relationships. It aims to study the complex network of relationships that underpin public and private economic activity in modern economies.
With the Foundation ERM Exam, you will learn to manage risks across the enterprise which is now an inherent part of delivering organisational success. The more deeply a risk-intelligent professional succeeds in influencing the organisation’s entire culture, the greater their ability to influence how risks are identified and acted upon with the right mitigation strategies. Using the principles of enterprise risk management and aligning the ERM process with general management, candidates can develop the strong knowledge required for risk-based decision-making.
How can you start a career in enterprise risk management in Bengaluru?
You can start a career with the India Affiliate of Institute of Risk Management, the world’s leading professional body in Enterprise Risk Management exams across 140 countries since 1986. IRM has 360 exam centres in India.
List of IRM exam centres in Bengaluru
BENGALURU CENTERS (29)
Trainocate Networks India Pvt Ltd.
#78/1 Royal Barter, 1st Floor, Residency Road, Bangalore, Karnataka 560025, India
IT Brainy
NO : 15, 2nd Floor, Near DXC Technologies & Infosys Ltd, Hosur MN Road, Electronic city Phase 2, Bangalore, Karnataka 560100, India
Pearson Professional Centers-Bangalore 2 KAR
Prestige Atrium, Unit 101, Ground Floor, Central Street, Shivajinagar, Bangalore, Karnataka 560001, India
Pearson Professional Centers-Bangalore
Pearson India Education Services Pte Ltd, Pride Hulkul, 004B, Ground Floor, No 116 Lalbagh Road, Bangalore, Karnataka 560027, India
Interlabz Technologies
No.26, Wheeler Road, 3rd Floor, Splendid Plaza, Cox Town, Bangalore, Karnataka 560005, India
TEC Factory
803.Griganga Bulding,2nd Floor, 9th A main Indiranagar Double Rd, Indira Nagar Ist Statge, Indira Nagar, Bangalore, Karnataka 560038, India
iDomains Technologies
82/1,2nd floor,2nd Main road,KHB colony, Koramangala 5th block,Next to FAB hotels, Near Jyoti Nivas College, Bangalore, Karnataka 560095, India
DATALABS
NO: 837/1,1st floor, 7th main,2nd cross, HAL 2nd Stage, Indiranagar, Bangalore, Karnataka 560038, India
RJS Recruitment & Consulting Pvt Ltd
#1,2nd Floor,100 Ft. Ring Road, 9th Main, BTM Layout 1st Stage, Above Bawarchi Hotel, Bangalore, Karnataka 560029, India
Winome Technologies Private Limited
4/3, 2nd Floor, Opp. FORUM Mall , 1st Cross, Bhuvanappa Layout, Hosur Road, Koramangala,Bangalore, Karnataka 560029, India
ERP Outsourcing Private Limited
#NO:8/1,2nd Floor 1st “G” Cross, 20th Main,Maruthi Nagar Main Road, BTM Layout 1st Stage. mobile 9980166018, Bangalore, Karnataka 560029, India
Sanford College of Information Technology
No. 6, “Soorya Complex”, Kings Street, Venkateshappa Layout,Opp. RITI Jewellery, Kammanahalli Main Road, Bangalore, Karnataka 560084, India
Tecfactory (Additional)
No 10 100 Feet Ring Road , 2nd floor, B T M 2nd Stage Above Coffee day, Near Water Tank Bus Stop, Bangalore, Karnataka 560076, India
Spectrum Networks Solutions Pvt. Ltd. (Additional)
R Pinnacle, No. 281,1st Floor, 7th Main, BTM Layout, Bangalore, Karnataka 560076, India
Tvaksa Technologies Pvt. Ltd.
#1281 21st Main , J P Nagar 2nd Phase, Bangalore, Karnataka 560078, India
International Institute of Technical Education
#45, UN Arcade, 1st Floor,17th Cross, Opp to Metro station or Next to Global Hospital, Vijaya Nagar, Bangalore, Karnataka 560040, India
Tekfield Consulting Services
No.41/1,1st Floor, Ramakrishna Nagar, Near J.P.Nagar metro station, Next Godrej Interio,Kanakapura main road, Bengaluru, Karnataka 560078, India
Truesmart Technologies
No 64, 9th B Main Road, HRBR Layout 1st Block, Chairman Layout, Kalyan Nagar, Bangalore, Karnataka 560043, India
BMM IT Solutions
No.82/82 Veerannapalya, Nagavara Village, Near Indian Oil Petrol Bunk, Bangalore, Karnataka 560045, India
Soft Tech Solutions
Shop no 5, Ground floor, AS plaza, Ramamurthy nagar main road , Below sun World MRP, Bangalore, Karnataka 560016, India
IDEESYS
No.433/356, 3rd Floor,Mangammana Palya, Main Road,Bommanahalli Next to SBI Bank, Diagonal Opp to New Life Hospital, Bengaluru, Karnataka 560068, India
Storage Device Technologies
No#555, 2nd floor, Mahadevapura, Opposite moremega store, Above Manappuram Gold, Bangalore, Karnataka 560048, India
Parkus Tecnologies Pvt Ltd
#12, 1st Floor, SGR Dental College Road, SBI Bank ATM Opp, Above Ramdev Medicals, Munnekolalu, Marathahalli, Bangalore, Karnataka 560037, India
Global Community Skill Development Trust
NVRS COMPLEX, SHOP NO4, GS PALYA ROAD, 1ST CROSS, KONAPPANA AGRAHARA, ELECTONIC CITY, BANGALORE, Karnataka 560100, India
2SAI Infosys (Electronic City)
No. 7 & 8, 47/12, 2nd Floor, Opp. BWSSB, Velankani Road, Dodda Thogur, Electronic City, Bangalore, Karnataka 560100, India
Acharya Education Services Pvt Ltd
97 Acharya, Dr. Sarvepalli Radhakrishnan road, Soldevanhalli, Bangalore, Karnataka 560107, India
M.S. Engineering College
Navarathna Agrahara,Sadahalli Post, Off. International Airport Road, Bangalore, Karnataka 562110, India
Linux Academy
#618, Above EV Electric Scooter showroom, 100ft Rd,Next to Raghavendra PoojaBandar, KR Mohalla, Mysuru, Karnataka 570004, India
MYRA School of Business
Sai Garments Road, Opp. Varsha Cables, Infosys 1.5 Kms. Maidanahalli, Yelwala to KRS Road, opp. Power Grid, Mysore, Karnataka 571130, India
What are the fees and exam dates in Bengaluru?
The Level 1 online exam is conducted 4 times a year (Feb / May / Aug / Nov) and the fee is INR 29,500 including GST and all study materials. The Level 2 exam is conducted twice a year (June / Nov) and the fee is INR 183,340 including GST and materials. The Level 3 project-based exam runs throughout the year and depends on when you’re ready to apply. Levels 4 and 5 are memberships. Chief Risk Officers/ Risk Leaders can directly apply for Level 4 via the Senior Executive Route.
Quick Links:
Certification Track: Click here
Level 1: Click here
Level 2: Click here
Level 3: Click here
Level 4: Click here
