Home News Qualifications represent “a broad background of risk” and “help develop transferable skills” states the IRM

Qualifications represent “a broad background of risk” and “help develop transferable skills” states the IRM

by Brian Sims

With the current business climate increasingly uncertain, the Institute of Risk Management (IRM) believes that organisations need competent, efficient and knowledgeable staff when it comes to managing threats. Focusing on cyber security, data breach, supply chain and people risk, an enterprise-wide risk management approach will help the host organisation maximise opportunities and mitigate risks in the business environment.

Nicola Crawford CFIRM, chair of the IRM, informed Risk UK: “IRM qualifications are a solid platform which give the broad background of risk and help to develop transferable skills. I came from a banking back office and then a strategic planning background which means I’ve seen what happens when Enterprise Risk Management (ERM) isn’t embedded within an organisation’s key processes. Understanding other organisational functions is an important element of being able to help businesses learn how ERM fits into the rest of the organisation and where the key changes need to occur in order to make this happen.”

The IRM is perfectly placed to help risk managers and their members of staff remain up-to-speed in the discipline, no matter what stage of their career they’ve reached. The globally-recognised International Certificates in Enterprise Risk Management and Financial Services Risk Management will help individuals to become effective risk professionals.

Whether practitioners are just starting out on their career or considering how to make the most of existing options, qualifications attained with the IRM offer them the chance to become pivotal players in any organisation.

Completing either International Certificate through distance or blended learning (which offers a more face-to-face approach) can take just six months and earns the IRMCert designation, enabling professionals to stand out from their peers with an internationally-recognised and respected qualification.

The IRM boasts learners from all over the world and in every sector, from aviation, healthcare, infrastructure, oil and gas through to the public sector. The International Certificates are aimed at anyone with responsibility for risk in any organisation in any sector around the globe.

Course details in brief

Individuals don’t require any prior experience or qualifications to study for the International Certificates. The qualifications consists of two modules. Studied together, each module is assessed by examination. Candidates sit their exams for both modules in the same exam period. The IRM has examination centres around the globe and recently launched its blended learning option in the UK for those who prefer a more face-to-face approach.

The International Certificates provide an entry route into the International Diploma in Enterprise Risk Management. After completing the certificates, professionals will be able to use the internationally-recognised membership designation IRMCert. This is the first step towards becoming a Certified Member of the IRM (denoted by the post-nominal CMIRM). Students have two years to complete the certificate modules from the date of enrolment.

Recently, the IRM held a webinar to explain more about its qualifications and how they can help individuals reach certified status. Available to view at https://www.theirm.org/training/webinars.aspx, the webinar features past students’ experiences and how qualifications have helped them in their roles. Both examiners and module coaches also talk in more detail about the syllabus and course content.

The IRM also offers a range of in-house and open training courses designed to suit specific training requirements, from the Fundamentals of Risk Management through to Risk in the Boardroom. The courses are all highly interactive, giving learners the greatest impact in the time available.

All courses have been selected not just for their theoretical content, but also for their practical impact such that learners leave with tools and techniques they can put into action immediately. Further detail is available at www.theirm.org/training

Vinay Shrivastava FIRM, director of Turner & Townsend Infrastructure and a Board member of the IRM, observed: “The IRM’s qualifications are a necessary quality benchmark in our industry. I receive dozens of CVs on a weekly basis and candidates who are IRM-qualified stand out for consideration for our roles as this indicates that, beyond having a demonstrable core skills set, these particular individuals take professional development seriously and are committed to a career in risk management.”

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