Chartered Risk Management Institute of Nigeria
CBT online · Twice yearly · English (British)

The Chartered Risk Manager's Examination.

Three stages. Two diets a year. Online-proctored across Nigeria and beyond. The national standard for risk-management certification — the same content, examined the same way, regardless of your location.

Register for the next diet Explore stages
3
Stages
2
Diets / year
CBT
Online proctored
50 / 90m
MCQs per module · 90 min
Two perspectives per stage
Each stage examines the global discipline and the Nigerian regulatory context side-by-side.
Two-year window between stages
Pace yourself — pass each subsequent stage within 2 years of the prior.
Online proctored
Sit from anywhere in Nigeria with a stable connection. No travel required.
CRM designation
Pass all three stages + 2 years experience for the chartered designation.
Pathway

Three stages from foundation to chartered.

Each stage builds on the last, with a clear two-year window to progress between them.

I

Stage I · Foundations

5 modules · 250 questions

II

Stage II · Core Risks

5 modules · 250 questions

III

Stage III · Integration

5 modules · 250 questions

Stage
I
Foundations
Modules
5
Prereq.
—
Format
CBT · 50 MCQs · 90 min
Modules
  • 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
Core Risks
Modules
5
Prereq.
Pass 3 of 5 in Stage I
Format
CBT · 50 MCQs · 90 min
Modules
  • 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 I must be passed before Stage II is examined.
Stage
III
Integration
Modules
5
Prereq.
Pass Stage II
Format
CBT · 50 MCQs · 90 min
Modules
  • 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
Stage II must be passed before Stage III is examined.
Curriculum

Download the curriculum

The examinable syllabus for each stage. Download the curriculum to see the topics covered before you register.

Stage I curriculum Modules CRM 101–105 Download PDF Stage II curriculum Modules CRM 201–205 Download PDF Stage III curriculum Modules CRM 301–305 Download PDF
Format & logistics

How the exam runs.

  • Computer-Based Test
    50 multi-choice questions per module, completed in 90 minutes. Auto-saved as you answer.
  • Twice-yearly diets
    April and October each year. Registration opens roughly six weeks before each diet.
  • English (British)
    All questions and reference materials use British English spelling and terminology.
  • Sit anywhere
    Online-proctored from any state in Nigeria and beyond with a stable internet connection and a webcam.
Eligibility & pacing

Plan your progression.

Minimum qualification

Undergraduate degree or recognised equivalent. Candidates without a degree should reach out to the secretariat for guidance.

Module pacing in Stage I

Pass at least three of the five Stage I modules before registering for Stage II. Outstanding modules can be carried into a subsequent diet.

Stage time-limits

Two-year window between stages to complete all stages — Stage II within 2 years of Stage I; Stage III within 2 years of Stage II.

Examination integrity

The CRM Examination Code of Conduct.

Every CRM candidate sits under the CRM Examination Code of Conduct — a dedicated standard for the examination itself, spanning pre-exam checks, sitting protocol under proctor supervision, and post-exam review. It is distinct from the general Code of Conduct for members.

Pre-examination
System compatibility checks · docket check · ID verification · quiet sitting environment.
During examination
Strict adherence to the examination proctor guideline and the CRM Code of Conduct.
Post-examination
Candidates' examination feedback · marking · AI examination report review · Education Committee review · Governing Council review · result release.
Diet calendar

Upcoming & recent diets.

Live from the examinations office — the calendar refreshes the moment a diet's status changes.

TBC
April 2000
Registration window TBC
Held
TBC
April 2021
Registration window TBC
Held
TBC
October 2021
Registration window TBC
Held
TBC
April 2022
Registration window TBC
Held
TBC
October 2022
Registration window TBC
Held
TBC
October 2018
Registration window TBC
Held
Register on the portal

All the next steps live in your member portal.

Sign in to pick a diet, register for modules, pay your fee, and download your exam docket as soon as registration confirms.

Sign in & register Not a member yet? Apply