This certificate accreditation and the process are based on the professional competency standards designed for Professional Risk Management Specialists.
It is also formed on the basis of training and case materials taught in the Professional Risk Management courses. Accreditation participants are required to achieve a 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)
|
* 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 CRMA 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's 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)
At 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 year 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
- Certified Risk Management Associate (CRMA) of IDRRMI
Level II assessment for accreditation：
In order to demonstrate concrete professional knowledge and ability, applicants for Certified International Risk Management Fellow (CIRMP) are required to pass two parts of the accreditation assessments:
- Case study report in professional quality; and
- 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 at least 1 year of middle-level or above management work experience related to the stream of accreditation specialty; or
- Certified International Risk Management Fellow (CIRMF) of IDRRMI.
Level III assessment for accreditation：
In order to demonstrate concrete professional knowledge and ability, applicants for Certified International Risk Management Consultant (CIRMC) are required to pass two parts of the accreditation assessments:
- Submission of case portfolio; and
- Panel interview assessment
Latest Assessment Date
- November 2022
- February 2023
Assessment Location
- International Dispute Resolution and Risk Management Institute
(5/F, West Wing, Justice Place, 11 Ice House Street, Central Hong Kong)
Fee Schedule
| Applicants who are graduates of the Risk Manager Training Certificate Course accredited by IDRRMI |
Regular applicant |
||
| 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 III - CIRMC | |||
| First attempter (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 the Assessment fee | 70% of the Assessment fee | ||