Answers to the questions members ask most.

Apply online in a few minutes:

1. Go to the membership page and choose the tier that fits where you are today.
2. Click Apply, create your account, and complete your profile.
3. Pay your dues via Paystack or bank transfer.

Your application is reviewed by the secretariat; once approved you receive a membership number and full access to the member portal.

Individuals join at one of three tiers and progress towards the chartered designation:

• Student — for those studying towards a risk-management career.
• Affiliate — for practitioners early in their risk career.
• Senior Affiliate — for experienced professionals.

From there members work towards the CRM (Chartered Risk Manager) and FCRM (Fellow) designations. Organisations can also join through corporate membership.

Annual dues depend on your grade and are renewable each January. The current amounts are published on the fees & payment page. Keeping your dues current keeps your membership in good standing and unlocks discounted exam and training rates.

Once you meet the criteria, apply for conferment from the member portal. See the conferment page for the CRM and FCRM requirements, or the Conferment section below.

Yes. Corporate membership lets you build risk capability across your firm — nominate staff, access group training, and more. See the corporate membership page or send a brief through contact us.

You'll need to:

• Pass CRM Exam Stage I
• Pass CRM Exam Stage II
• Pass CRM Exam Stage III
• Provide evidence of a minimum of 2 years professional experience

CRMI accepts a detailed CV with supporting documents as evidence of work experience. Professionals in non-risk-management positions may need to demonstrate more than 2 years' experience depending on the industry, role, and position held.

Note: CRMI policy does not consider industrial attachments and undergraduate internships as work experience. However, course facilitation, academic lecturing, and research in areas relevant to risk management will be considered.

You have a two-year window between stages:

• Pass Stage II within 2 years of passing Stage I.
• Pass Stage III within 2 years of passing Stage II.

Pace yourself so you complete all stages within these windows; exceeding them means the relevant stages must be re-registered.

The CRM Exam consists of 3 stages, each with 5 modules (250 questions):

• Computer-Based Test (CBT), delivered online with live proctoring.
• 50 multiple-choice questions per module, completed in 90 minutes.
• Two diets a year. The current diet and dates are on the examinations page.
• Offered in English (British) only.
• Pass at least three of the five Stage I modules before registering for Stage II.

Stage I

• CRM 101 — Enterprise Risk Management
• CRM 102 — Quantitative Analysis for Risk Management
• CRM 103 — Financial Markets, Instruments and Valuation
• CRM 104 — Regulatory & Compliance Risks
• CRM 105 — Cybersecurity Risk Management

Stage II

• CRM 201 — Credit Risk Management
• CRM 202 — Market Risk Management
• CRM 203 — Operational Risk Management
• CRM 204 — Liquidity Risk Management
• CRM 205 — Risk Mitigating Techniques

Stage III

• CRM 301 — Integrated Risk Measurement
• CRM 302 — Financial Statement Analysis & Reporting
• CRM 303 — Sustainability Principles and Practices
• CRM 304 — Managing Emerging Risks
• CRM 305 — Information Technology Risk Management

CRM candidates must have a minimum of an undergraduate degree or a recognised equivalent. Candidates without a degree should contact the secretariat for guidance.

Results are released after marking and review by the Education Committee and Governing Council — typically within 4 weeks of the exam ending. You are notified through the member portal, where your transcript is also available.

Register online through the member portal:

1. Sign in (or apply for membership first).
2. Open the Exams tab and pick the modules you intend to sit.
3. Pay via Paystack or bank transfer, then download your docket once registration confirms.

Registration opens roughly 6 weeks before each diet and closes ahead of the exam start date.

Anywhere. The CRM examination is delivered online with live proctored invigilation, so you can sit from any location in Nigeria and beyond — there are no physical examination centres.

You'll need a quiet, private space, a stable internet connection, and a working webcam for ID verification and proctoring.

For each diet:

• Registration opens — about 6 weeks before the exam start.
• Registration closes — ahead of the exam start date.
• Results released — within about 4 weeks of the exam ending.

Exact dates for the current diet appear on the examinations page and in the member portal.

CRMI members — Affiliate, Senior Affiliate, CRM and FCRM — must accumulate at least 24 Continuing Professional Education (CPE) hours each year.

Participation in CRMI training programmes and the Annual Conference automatically credits your CPE record. CPE hours earned through external professional activities should be submitted through the member portal and are reviewed by the Education Committee.

CRMI runs live, instructor-led courses and workshops across operational, credit, market and enterprise risk — held at a venue or delivered live online — plus the Annual Conference. Browse the catalogue and calendar on the training page.

CRMI training and the Annual Conference are credited to your CPE log automatically after the event, provided your membership number is on the registration. For external activities, submit them in the member portal for review by the Education Committee.

Yes — courses are open to non-members at the listed non-member price. Members enjoy a discounted rate and automatic CPE credit.

You can pay:

• Online with Paystack — card, bank, USSD or QR — directly from the member portal.
• By bank transfer — using the CRMI account details shown at checkout; use your name and membership number as the transfer reference, then upload your payment evidence.

Online payments are confirmed instantly; bank transfers are confirmed once the accounts team verifies them.

Invoices are raised against your account for dues and other charges and are available in the member portal under Invoices. A receipt is issued automatically once a payment is confirmed. For account queries, email [email protected].

Refund requests are handled case by case by the accounts team. Contact [email protected] with your payment reference and the reason for the request.

CRM (Chartered Risk Manager) is the chartered designation earned by passing all three exam stages and meeting the experience requirement. FCRM (Fellow) is the senior designation recognising significant experience and contribution to the profession. See the conferment page for the full criteria.

When conferment applications are open, apply from the member portal and pay the conferment fee. Your application is reviewed by the secretariat, and successful candidates are conferred at the induction ceremony. Current status and fees are on the conferment page.

On the portal sign-in page, click Forgot password to receive a reset link by email. If the email doesn't arrive, check your spam folder or contact the secretariat.

Sign in to the member portal and edit your profile from your account menu. Keeping your details current is required before registering for the CRM examination.

Anyone can confirm a member's standing using the certificate verification page. Enter the membership number to check that the member is current and in good standing.

Reach the secretariat through the contact page, where each department has its own inbox — membership, examinations, training, accounts, conferment and media.