University of Calgary Continuing Education is a recognized provider of risk management courses for the Risk and Insurance Management Society, Inc. which are eligible for the Canadian Risk Management (CRM) designation. The CRM is a national designation that is recognized by the Risk and Insurance Management Society, Inc. and awarded by the Global Risk Management Institute (GRMI). To obtain a CRM designation, students must complete three risk management courses available at University of Calgary Continuing Education:
- BMC 327 Risk Management Principles and Practices
- BMC 326 Risk Assessment and Treatment
- BMC 182 Risk Financing
GRMI will issue the CRM credential, a lifetime GRMI membership, and a digital badge to anyone that meets the designation eligibility requirements. CRM candidates need to complete the three courses offered by one of the CRM Course Providers pass three virtual CRM standardized exams, email a course transcript to GRMI@rims.org and submit a $100 (USD) one-time registration fee. The CRM standardized exam fee is $155 (USD) for RIMS members, and $175 (USD) for non-members.
The Canadian Risk Management (CRM) designation is a widely recognized qualification that provides risk managers a foundation of knowledge and skills needed to identify, assess, monitor, and limit risks. The CRM is recognized by the Risk and Insurance Management Society (RIMS) and awarded by the Global Risk Management Institute (GRMI). GRMI sets policy for the CRM designation and maintains the records of its credentialed members. Attaining the CRM designation demonstrates a level of professional commitment, knowledge, and skills that employers in both public and private sectors recognize.
Why earn the CRM Designation?
- Competitiveness: Formal training gives CRM holders a competitive advantage that employers seek.
- Credentials: Demonstrates that CRM holders have achieved the knowledge and skills necessary to identify, assess, monitor, and limit risks.
- Recognition: CRM holders stand out among others in a competitive marketplace.
- Advancement: Improves the ability of CRM holders to achieve their organization's risk management objectives and their career goals.
To earn the CRM designation, candidates must complete the three foundational courses and pass standardized virtual exams for each course (standardized exams are in addition to any exams administered by the university or institution as part of their course curriculum). The exams evaluate level of knowledge based on the content covered in the required textbooks. The three standardized CRM exams administered separately by GRMI verify that CRM candidates possess a consistent level of knowledge.
Each of the 100-minute CRM standardized virtual exams include multiple choice questions, and 70% is considered a passing score. Once the student completes the exam, a pass/fail message will appear.