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Professional Risk Management Specialist Accreditation

This certificate accreditation and the process are based on the professional competency standards designed for Professional Risk Management Specialist.

It is also formed with the basis from training and case materials taught in the Professional Risk Management courses. Accreditation participants are required to achieve corresponding competent level via lectures, case practices, and online learning that are provided by recognized training institutions.

The risk management specialty in IDRRMI is a three-tiered professional qualification

Professional Risk Management Specialists

Professional Title Level

Certified Risk Management Associate (CRMA)

Foundation

Certified International Risk Management Fellow (CIRMF)

Expert

Certified International Risk Management Consultant (CIRMC)

Master

Specialty streams (in Expert & Master levels only)

  • Finance & Investment (FI)
  • International Enterprises (IE)
  • Healthcare & Medical (HM)
  • Construction & Infrastructures (CB)

*     Level 1 - General Course : RM01
**   Level 2 - Specialized Course : RM02-05
*** Registration fee is waivable if it was previously paid upon enlisted on the Professional Risk Management Specialists of the IDRRMI

Eligibility and Accreditation for Professional Risk Management Specialists


I. Certified Risk Management Associate (CRMA)

The CRMM is a qualification obtained by successfully completing the in-course assessment at the "Professional Risk Management Training Certificate Course", a course offered by the Academy of International Dispute Resolution and Professional Negotiation (AIDRN). It demonstrates adequate general professional knowledge and skills to practice in the field of professional risk management.

Course application criteria

  • Bachelor degree (or equivalent) in related majors; or
  • Equivalent qualification; or
  • Experience in relevant institutions for at least 1 year

Level II. Certified International Risk Management Fellow (CIRMF)

In the expert level of risk management professionals, applicants are required to specialise in different fields. There are four specific fields are available for selection (Finance & Investment, International Enterprises, Healthcare & Medical, and Construction & Infrastructure). The assessments for accreditation are unique to respective specific streams, however, the mode of assessment and criteria are generally applicable.

Application criteria

Applicants must fulfill one of the following conditions:

  • At least 3 years of related work experience within the specialty; or
  • At least 1 years of related middle-level or above management work experience within the specialty
  • Master’s degree (or equivalent) in finance-related majors and at least 2 years of related work experience; or

Level II assessment for accreditation

In order to demonstrate concrete professional knowledge and ability, applicants of Certified International Risk Management Fellow (CIRMP) are required to pass two parts in the accreditation assessments:

  1. Case study report in professional quality; and
  2. Panel interview assessment

Supplementary course for Level II assessment

Applicants can consider attending a course designed specifically for the advanced level risk management accreditation by the AIDRN, which is available here


Level III. Certified International Risk Management Consultant (CIRMC)

CIRMC is the master and top-level risk management in the specific field that is available at the IDRRMI risk management streams. The assessments for accreditation are unique to respective specific streams, however, the mode of assessment and criteria are generally applicable.

Application criteria

Applicants must fulfill one of the following conditions:

  • At least 7 years of related middle-level or above management work experience related to the stream of accreditation specialty; or
  • Master’s degree (or equivalent) in related majors and at least 5 years of middle-level or above management work experience related to the stream of accreditation specialty; or
  • Doctor of Philosophy (Ph.D.) in the related majors and least 1 years of middle-level or above management work experience related to the stream of accreditation specialty

Level III assessment for accreditation

In order to demonstrate concrete professional knowledge and ability, applicants of Certified International Risk Management Fellow (CIRMP) are required to pass two parts in the accreditation assessments:

  1. Submission of case portfolio; and
  2. Panel interview assessment

Latest Assessment Date

  • July 2020
  • November 2020

Assessment Location

  • International Dispute Resolution and Risk Management Institute
    (21/F, Success Commercial Building, 245 -251 Hennessy Road, Wan Chai, Hong Kong)

Fee Schedule

Graduates from International Professional Mediator Training Certificate Course co-organized / organized by AIDRN Graduates from International Professional Mediator Training Course organized by other associations and approved by IDRRMI
HKD HKD
Level II - CIRMF
First attempter (Case study report & Panel Interview) $15,000 $16,500
Repeater (Case study report) $8,000 $8,800
Repeater (Panel Interview) $8,000 $8,800
Level II - CIRMF
Repeater (Portfolio review & Panel Interview) $25,000 $27,500
Repeater (Portfolio review) $15,000 $16,500
Repeater (Panel Interview) $10,000 $11,000
Application for appeal
70% of Assessment fee 70% of Assessment fee