PRM®
Pristine Careers - Authorized PRM Course Provider in India
Pristine Careers is the leader in Risk Management Training and is the only provider of training for PRM in India, which is one of the most prestigious Risk Management Certifications in the world. To view more details on Authorized Course Providers, Click Here...About PRM
- Professional and international certification in Risk Management conducted by PRMIA
- Offered in over 140 countries at nearly 4,000 testing centers making PRM a true international benchmark.
- Endorsed by leading businesses and universities
- Computer based exam conducted in four modules
Benefits of PRM
- PRM exam can boost your career in the field of risk management, trading, structuring and modeling.
- Partial exemption of exams for designation holders like the CFAs, FSAs, ASAs and others.
- Extremely Flexible - Can take PRM exams any business day of the year and in any order
- No annual fee for maintaining the designation
Structure of the Exam
PRM Exam is a sure sign of your comprehensive knowledge about Risk Management, since four wide ranging exams need to be passed The four exams can be taken at one six-and-a-half-hour sitting, or at four different sittings ranging from one to two hours.
| Exam | Name | Time Allotted | Number of Questions | Subjects tested |
|---|---|---|---|---|
| Exam I | Finance Theory, Financial Instruments and Markets | 120 minutes | 36 | Finance Theory, Instruments, Markets |
| Exam II | Mathematical Foundations of Risk Measurement | 120 minutes | 24 | Basics, Descriptive Statistics, Calculus, Linear Mathematics and Matrix Algebra, Probability Theory, Regression Analysis, Numerical Methods |
| Exam III | Risk Management Practices | 90 minutes | 36 | Market Risk, Credit Risk, Operational Risk |
| Exam IV | Case Studies, PRMIA Standards of Best Practice, Conduct and Ethics, Bylaws | 60 minutes | 24 | Case Studies and Standards |
- Four wide ranging exams that can be given at any day of convenience
- Can be taken at one 6.5 Hrs sitting, or at four different sittings ranging from one to two hours
Certification Fee
“Regular Exam Fees
Discounts Discounts are available for groups of 10 or more candidates from the same organization. Sustaining Members receive discounted pricing on PRM exam vouchers. Sustaining Memberships are US $125. Discounted memberships are available for academics and students (US$50) and for those from emerging markets, including India (US $50). You can become a Sustaining Member online at http://prmia.org/index.php?page=membership.
| Exam | Fee | ||
|---|---|---|---|
| Free PRMIA Members | PRMIA Sustaining Members(full) | PRMIA Sustaining Members(low income counrtry) | |
| Any One Exams | US$195.00 | US$175.50 | US$146.25 |
| Full Exam | US$500 | US$450 | US$375.00 |
- PRMIA website
Partial Credit for Other Designations
"Cross-over" candidates, who have cleared other certifications, need only to pass the following exams to receive the PRM:
| CFA Charter Holders | Exams III and IV |
| CIIA, CEFA Charter Holders | Exams III and IV |
| CQF Holders: | Exams III and IV |
| Actuarial Fellows: | Exams I, III and IV |
| CSI Financial Risk Management Graduates: | Exams, II, III and IV |
| CAIA Financial Risk Management Graduates: | Exams, II, III and IV |
- PRMIA website


