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PRM Exam Schedule

PRM Exam Schedule

PRM Exam Schedule:- The Professional Risk Manager (PRM™) designation is an international professional certification offered by PRMIA. The designation was first awarded in 2004. The PRM is an “independent validation” of skills within the financial risk management profession, additionally requiring a commitment to professional ethics. The PRM and GARP’s FRM are often compared as being the two definitive risk management designations in the industry.

prm-exam-schedule

prm-exam-schedule

The exams are computer-based and the questions are all multiple choice; the passing grade is 60%. The exams can be taken in any order and must be completed over a period of up to two years; they are offered during four testing windows per year, each of three weeks.

Individual exam pass rates are 54% for Exam II, 59% for Exams I and III, and 78% for Exam IV; just over 65% of those who have sought the PRM designation have been successful. The PRM program recognizes other professional designations and gives partial credit to “cross-over” candidates, as well as to graduates of select university programs.

Minimum experience requirements are: four years without a bachelor’s degree; two years for those with bachelor’s degrees; no requirements for holders of a graduate degree (i.e. MBA, MSF, MQF etc.) or of an accepted professional designation (CFA, CAIA, CQF, etc.). To maintain the designation, holders are required to complete 20 “Continuing Risk Learning” credits each year, to renew their “Sustaining Membership”, and to uphold the professional and ethical standards as defined by the PRMIA Standards of Best Practice, Conduct and Ethics.

PRM Exam Schedule

The PRM Program consists of four examinations (Exam I, Exam II, Exam III and Exam IV)

You can appear any time of the year for PRM exam. PRM Exams are offered at fixed intervals throughout the year.

Scheduling WindowTesting Window
January 1 – March 14February 23 – March 14
March 15 – June 13May 25 – June 13
June 14 – September 5August 17 – September 5
September 6 – December 19November 23 – December 19

Scheduling Window

This is a time frame in which you can contact Pearson VUE and fix the date when you will be sitting for your exam.

Testing Window

It is days in which you can sit for your exam.

PRM Exam Schedule

  • Questions within exams are drawn from a large database of questions and are administered randomly, creating thousands of unique exam forms, all of comparable difficulty.
  • PRMIA uses the services of VUE, part of the Pearson Publishing family, to administer the PRM exams. Pearson VUE is a professional testing firm that has nearly 5,500 testing centers in more than 165 countries around the world.
  • Candidates have two years to pass all required exams of the PRM program. You have up to two years to pass the required exams. The two-year period commences from the date of the first successful PRM examination. Candidates may take exams over more than a two-year period, but any exams passed more than two years in the past will need to be retaken.
  • Please note some important details about registration, cancellation, identification requirements and space availability in the following Fees and Registration section.

PRM Exam Schedule

prm-exam-schedule

prm-exam-schedule

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