CRM VS MBA

CRM vs PRM PRM CRM Certification Organized By CRM PRM CRM is offered by National Alliance for Insurance Education and Research PRM is offered by PRMIA Number of Levels Principles of risk management 1 Analysis of risk PRM Parti 3 4 Control of risk PRM Part II 4 Financing of risk PRM Part II Practice of risk management PRM Part IV CRM: 5 levels PRM: 4 levels Exam Pattern BC The CRM final examination is a 2.5 hour essay/short answer exam that must be conducted at an approved testing center. Exam l: 2 Hours Exam II: 2 Hours Exam IlI: 1.5 Hours Exam IV: 1 Hour Subjects Principles of Risk Management Exam Finance Theory, Financial Instruments and Markets Analysis of Risk Exam II Mathematical foundations of Risk measurement Control of Risk Exam III Risk Management Practices Financing of Risk and Practice of Risk Management Exam IV Case studies, PRMIA standards of best practice, conduct and ethics, Bylaws Fees $430 $1100-$1250 The registration fee includes a notebook for the classroom participants and an e-notebook for the online participants. 24 Job Titles Risk Analyst Predictive Analyst Risk Manager Chief Risk Officer Risk Management Consultant Risk Control Supervisor Investment Risk Manager Chief Risk Officer Senior Risk Analyst Pro-Tip CRM You are not required to have a background in finance to achieve the CRM credential. Especially if you are looking for a job in the insurance industry, CRM is a lucrative achievement. PRM PRM is best fit for those with higher academics and certifications including CFA and CAIA which help them acquire the credential with comparative ease.