ERMA or Enterprise Risk Management Academy is a global learning centre for professionals in Enterprise Risk Management (ERM). ERMA offers on-line professional development courses and certifications for ERM Professionals around the world.
Yes. Whether you're experienced in Enterprise Risk Management or new to the field, we invite you to join. Our membership is open to all individuals who are interested in Enterprise Risk Management (ERM).
To become an ERMA member, you need to be a certified risk professional that has obtained one of ERMA's professional designations in ERM. Explore our certifications here.
The ERMA has many benefits for its member, such as:
- Sharing experiences and knowledge with other professionals in ERM
- Information of latest development in ERM
- ERM job information
ERMA membership is available for free.
ERMAP or Enterprise Risk Management Associate Professional is a certification for beginner level in ERM field. To take ERMAP certification, no previous experience is required.
Click here to read more about ERMAP.
ERMCP or Enterprise Risk Management Certified Professional is a certification for Professional in ERM field. To take the ERMCP certification, a minimum of 3 (three) of experience in ERM is required.
Click here to read more about ERMCP.
CERG or Certified in Enterprise Risk Governance is a certification for an expert professional in ERM field. To receive the CERG certification, a minimum of 15 (ﬁfteen) years of experience, of which the last 3 (three) years of experience is as senior management and/or as an oversight body, and/or at equivalent roles is required.
Click here to read more about CERG.
Generally, there are 2 ways to obtain ERMA's ERM Certifications:
- EBA (Exam-Based Assessment) - Available for ERMAP and ERMCP
- ERMA Provisions - Available for CERG
Yes, if your application qualifies to receive the respective certification, you will obtain an e-certificate.
The exam-based assessment leads you to one of our designations: ERMAP (ERM Associate Professional) certification or ERMCP (ERM Certified Professional) certification, depending on your score. Each is designed to reflect certain ERM competencies of the certification holder. It will assess your ERM Hard Competencies (principles of Risk Management - ISO 31000, Risk Management Framework, and Risk Management Process) and also your ERM Soft Competencies/Behavioral.
ERMA certification is valid for two years after the issuance.
ERMA has a Continuous Professional Development (CPD) program as a part of our certification program for ERMA certification holders. The CPD is essentially a mechanism that will enable you to maintain your ERMA certification (ERMAP, ERMCP, or CERG), by participating in various professional development activities that will be converted into Professional Development Units (PDUs). These PDUs are issued by ERMA to quantify the professional development activities conducted by you, as an ERMA certification holder. This is also a great way to keep track and support your ongoing educational and professional development.
The PDU are required to renew the certificate. With the PDU requirement completed, your certification will be automatically renewed for another 2 years, starting at the end of your certification validity period. Certification can only be renewed if you have acquired all of the PDUs and complete the renewal fee of USD150.
You will have an additional period of 6 months if you are not able to submit enough PDUs to renew your certificate. Unfortunately, if you are unable to renew your certification by the renewal deadline, you will be required to take part in another ERMA assessment session in order to get your certification back.