Different levels of membership - FIRM (Fellow) MIRM (Member), CIRM (Certificant), Affiliate
2200 members, including students
The Institute of Risk Management (IRM) was established in 1986 and is risk management's professional education body. Established as a not-for-profit organisation, the Institute is governed by practising risk professionals and has strong links to leading universities and business schools across the world. Recognising that risk management is a multi-disciplinary field, we also work closely with many other specialist institutes and associations and seek to represent an increasingly broad and diverse set of stakeholders.
The worldwide membership is drawn from industry, commerce, consultancy and the public sector. Members have backgrounds in many different risk-related disciplines: accountants, project managers, insurers, chartered surveyors, health care professionals, lawyers, bankers, auditors, health and safety professionals and engineers are among those represented.
Institute Examinations
Certificate in Risk Management
The Certificate provides a 6-9 month introductory qualification in risk management theory and practice. Study is on a part time, distance learning basis and is assessed by two, two hour written examinations.
Successful candidates can apply for Certificant membership of the Institute and use the letters CIRM.
International Diploma in Risk Management
The Institute’s post graduate Diploma is a flexible, part time distance learning qualification and will normally be completed within four years.
The course is structured as follows:
Level 1 – five compulsory core modules assessed by examination:
· Principles of risk
· Risk and organisations
· Risk decisions
· Risk leadership
· Risk solutions
Level 2 – two compulsory specialist modules, assessed by examination, selected from a range of technical and sector risk specialisms (e.g. health sector, risk financing, governance, financial services, project risk)
Level 3 – an 8000 word practical assignment on a subject agreed between the candidate and IRM. This can be a subject of direct relevance to the candidate’s own job or area of interest.
Successful Diploma students can apply for Membership of the Institute and use the letters MIRM.
Fellowship (FIRM)
Fellowship is the most senior membership level and is gained by demonstrating continued professional activity and achievement, based on a points system.
Affiliate Membership
Affiliate membership is open to anyone with an interest in risk. It confers no post-nominal letters but does allow the individual to participate in Institute events and information and networking opportunities.
For further information visit www.theirm.org
