What is PRMIA Certifications Exam ?

The PRMIA Certifications Exam is the Professional Risk Manager (PRM) designation, which is a globally recognized, graduate-level risk management credential. It is offered by the Professional Risk Managers' International Association (PRMIA), a leading professional organization for risk managers.

The PRM exam is a two-part exam that covers a wide range of risk management topics, including:

Enterprise risk management
Financial risk management
Operational risk management
Credit risk management
Market risk management
Liquidity risk management
Risk measurement and modeling
Risk mitigation and hedging
Risk communication and governance

To be eligible to take the PRM exam, you must meet certain prerequisites, such as having a bachelor's degree and completing a certain amount of experience in a risk management role. You can find more information about the prerequisites on the PRMIA website.

The PRM exam is administered by Pearson VUE and can be taken at Pearson VUE testing centers around the world. The exams are typically multiple-choice and are 75 questions long. You have 120 minutes to complete each exam. To pass the exam, you must achieve a score of 67% or higher on each exam.

If you do not pass the exam, you can retake it after waiting two to six weeks, depending on the number of attempts.

There are a number of benefits to getting PRM certified, including:

Demonstrate your expertise to potential employers and clients. PRM certification shows that you have the knowledge and skills to manage risk effectively.
Advance your career. PRM certified professionals are in high demand and often earn higher salaries than their non-certified counterparts.
Stay up-to-date on the latest risk management best practices. The PRM exam is regularly updated to reflect the latest changes in the risk management landscape.

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