The Institute of Risk Management (IRM) is delighted to announce a significant enhancement in its Level 1 Foundation Examination policy, aimed at providing greater flexibility and support to candidates.
Effective 1st February, 2024, the fee for IRM’s Level 1 Global ERM Foundation Examination will now include coverage for three attempts, marking a positive shift in our approach to candidate success. Initially, the fee included exam fees for two attempts, with a re-sit fee applicable for the third attempt as per the Level 1 Re-sit Policy. It is important to note that this offering is exclusively available to new enrolments from February 1st, 2024 and forward.
“In a move aimed at easing the financial burden on our candidates and promoting a more inclusive learning environment, IRM India Affiliate is pleased to announce the waiver of the Level 1 Re-sit fee for the third attempt. This means that the Level 1 Examination fee will now cover the exam fees for three attempts. This decision reflects our commitment to fostering a conducive learning environment and ensuring that aspiring risk-intelligent leaders have the necessary support to achieve their goals. We believe in fostering a culture of continuous learning and growth, and this enhancement to the Level 1 Examination fee structure aligns with our mission to getting India risk-ready,” said Kosha Parekh, Director of Academics at IRM India Affiliate.
While the Level 1 Re-sit Fee for the third attempt is waived off, candidates who do not clear the Level 1 Examination within three attempts will need to re-enrol and pay the complete Level 1 Examination fee again.
Key highlights of the update:
Three Attempts Covered : Candidates enrolling on or after 1st February, 2024, will have the privilege of clearing the Level 1 Global ERM Examination within three attempts, all included in the standard enrollment fee
Level 1 Third Attempt Re-sit Fees Waived Off : Effective 1st February, 2024, the Level 1 Re-sit fees for the third attempt have been completely waived off.
Opportunity to Succeed : This update aims to provide candidates with a greater opportunity to succeed in IRM's Level 1 Global ERM Foundation Exam without worrying about incurring additional fees for re-examination.
The growth and success of candidates remain our top priorities, and we believe that this gesture will support them in thriving and succeeding in their academic endeavors.
About Institute of Risk Management, India Affiliate:
The Institute of Risk Management (IRM) is the world's leading professional body for ERM qualifications and exams (Levels 1 to 5). IRM also publishes research, guidance, and professional standards across the world. Our members (including members of the Institute of Operational Risk) work in all industries, in all risk disciplines, and across public, private and not-for-profit sectors in more than 143 countries. With 360 exam centres in India, candidates can register for the ERM exams and start with the Level 1 entry stage exam evaluated by the AICTE (Ministry of Education, Government of India) and pursue the 5-level pathway to Certified Fellowship with designations at each stage after Level 2 and join a global community of risk-intelligent leaders. For more information on IRM's Level 1 Global ERM Foundation Exam and enrolment details, visit https://www.theirmindia.org/level1
