PRMIA’s PRM and Associate PRM Exams

The Professional Risk Manager (PRM™) designation is the global standard for the world’s top financial risk professionals. Endorsed by leading businesses and leading graduate programs, it counts candidates from more than any other program for risk managers. The exam tests a candidate’s knowledge and understanding of the key building blocks essential to being a successful financial risk manager.

The Associate PRM is designed to be mathematically and theoretically less detailed than the PRM covering the core concepts of risk management, allowing non-specialists to interpret risk management information and reports, make critical assessments, and evaluate the implications and the limitations of such results. Passing the Associate PRM exam will demonstrate the essential knowledge necessary to understand and manage risks in any corporate or economic environment. The Associate PRM is also now available in Chinese. Visit the PRMIA website to view exam details in Chinese.

Programs & Study Materials

Member Pricing

Discounted exam pricing is available to Sustaining Members of PRMIA. To claim this discount, you must register directly with PRMIA at www.PRMIA.org.

The PRM

To support the PRM and the general advancement of the risk profession, PRMIA has developed a wide range of self-study materials, including online guides and the comprehensive Professional Risk Managers’ Handbook: A Comprehensive Guide to Current Theory and Best Practices. Prepared by leading scholars and risk experts, the PRM Handbook covers the full range of topics and disciplines essential to the practice of risk management and is the definitive resource for preparing for the PRM exam.

The Associate PRM

The syllabus of the Associate PRM exam is based upon the publicly available book, The Essentials of Risk Management, together with extensive information freely available on the PRMIA website. The Essentials of Risk Management provides a practical, non-ivory tower approach that is necessary to effectively implement a superior risk management program and is written by three of the leading figures with extensive practical and theoretical experience in the global risk management and corporate governance arena. The Associate PRM preparation materials and exam are available in English and Chinese.

Exam Calculator Update

Recently the scientific calculator that is built into our exams has been updated. The calculator is modeled after the Texas Instruments TI-30XS. If you wish to familiarize yourself with the way this calculator functions prior to your exam, please download the Pearson VUE Tutorial and Practice exam. You can also find step-by-step download instructions here.

Once downloaded, begin the practice exam. On one of the items, you will see a calculator tab on the top left of the screen. Simply click on the tab. The calculator will be revealed and you then can practice with it.

For a complete list of features available on the TI-30XS, please refer to TI's Guidebook (290 KB pdf).

Please do not hesitate to contact us at support@prmia.org with any questions.