FELLOW IN
STRATEGIC
RISK MANAGEMENT

ARiMI-FSRM

Fellow in Strategic Risk Management - FSRM™
Overview and Benefits of the ARiMI-FSRM™ Designation

The Fellow in Strategic Risk Management (ARiMI-FSRM™) is a professional designation in Risk Management designed for top and senior managers who by the nature of their position are responsible for managing risks in their organisation.

In today's global and uncertain world, the ARiMI-FSRM™ Designation aim to recognize professionals who be able to combine a detailed understanding of risk management issues at a strategic level with sophisticated leadership, managerial and organizational skills. These `global' leaders/managers are effective in delivering change and securing competitive advantage for their organization and are able to bridge the gaps between the various parts of their organization by using Risk Management. They are the leaders to lead the way to ensure an organization survival and growth in an increasingly complex and volatile business and economic environment.

The Fellows constitute both a group of Experts and a community of where experiences are shared with one another in order to further the development of Enterprise Risk Management as a strategic toolbox that can enhance the long term sustainable economic effectiness of organizations and of the world economic system. It aims to continuously improve enterprise risk management best practices and to set industry standards.

 
Who should apply for the ARiMI-FSRM Designation
 
Benefits of the ARiMI-FSRM Designation
 
Eligibility Criteria for Admission
 

 

 

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FSRM™ Assessment Process for INDUSTRY-TRACK

The FSRM™ Assessment process consists of 3 stages:

 
1. Initial Application Review
 
2. FSRM™ Credential Assessment & Verification Process
 
3. Practice Papers Assessment

Successful applicants will be awarded the Fellow in Strategic Risk Management - FSRM™

FSRM™ Assessment Process for ARiMI-LECP FRAMEWORK™ LEARNING-TRACK

The FSRM™ Assessment process consists of 2 stages:

 
1. Initial Application Review
 
2. FSRM™ Credential Assessment & Verification Process

Successful applicants will be awarded the Fellow in Strategic Risk Management - FSRM™

 

 

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Optional Master Classes for FSRM™

If you are applying under the INDUSTRY-TRACK for the FSRM™ Designation, while it is not a requirement of the assessment process, you may find interest in joining some of the Master Classes associated with the FSRM™ Certification.

The Risk Master Classes focuses on the critical role that senior executives play in managing strategic and operational risks as well as championing the design and implementation of effective ERM strategies and practices in their organizations. The Master Classes cover key dimensions of ERM such risk governance, innovation & change management defining and communicating risk-appetite, designing performance systems, creating fostering a culture of risk awareness throughout the organization and so on.

Scroll below to see the detailed list of optional Risk Master Classes to find out more.


Risk LEADERS Master Class Modules

Calendar (Singapore)

RLM1

Risk-Taking & Value Creation Management in Organizations - Principles, Theories & Practices

11 Nov 2015/p>

25 Apr 2016

26 Sep 2016

RLM2

Business Ethics, Social Responsibility & Corporate Value Sustainability

12 Nov 2015

26 Apr 2016

27 Sep 2016

RLM3

Innovation, Change & Project Risk Management

13 Nov 2015

27 Apr 2016

28 Sep 2016


Risk EXPERTS Master Class Modules

Calendar (Singapore)

REM1

Risk Assessment & Corporate/Project Value Profile Diagnostic

7 Dec 2015

30 May 2016

31 Oct 2016

REM2

Risk Learning, Communication & Decision-Making

8 Dec 2015

31 May 2016

1 Nov 2016

REM3

Risk Control & Business Continuity Management  

9 Dec 2015

1 Jun 2016

2 Nov 2016

REM4

Risk Financing & Transfer Solutions

10 Dec 2015

2 Jun 2016

3 Nov 2016

REM5

KRIs/KPIs Dashboard: Risk Monitoring, Reporting & Improvement  

11 Dec 2015

3 Jun 2016

4 Nov 2016


Risk CHAMPIONS Master Class Modules

Calendar (Singapore)

RCM1

Designing ERM: Risk Management Frameworks, Systems & Culture

21 Sep 2015

29 Feb 2016

25 Jul 2016

RCM2

Implementing ERM: Systems Change & Nurturing a Risk-Aware Culture

22 Sep 2015

1 Mar 2016

26 Jul 2016

RCM3

Sustaining ERM: Managing Changes, Crises & Business Sustainability

23 Sep 2015

2 Mar 2016

27 Jul 2016


Risk PROFESSIONALS Master Class Modules

Calendar (Singapore)

RPM1

Corporate Reputation & Stakeholders Risk Management

26 Oct 2015

4 Apr 2016

5 Sep 2016

RPM2

Corporate Governance & Enterprise Risk Management

27 Oct 2015

5 Apr 2016

6 Sep 2016

RPM3

Corporate Ethics, Fraud & Compliance Risk Management

28 Oct 2015

6 Apr 2016

7 Sep 2016

RPM4

Corporate Control, Internal Audit & Risk Management

29 Oct 2015

7 Apr 2016

8 Sep 2016

RPM5

Corporate Performance & Human Capital Risk Management

30 Oct 2015

8 Apr 2016

9 Sep 2016


Once you have registered for the FSRM™ Certfication, you can sign up for any of the Optional Master Classes at a 20% discount on normal fees. If you wish to take advantage of this offer, please contact us.

 

 

 

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ARiMI-FSRM™ Certification Process Fee

For INDUSTRY-TRACK applicants, the total fee for the ARiMI-FSRM™ application process is S$3,845.00, which comprises of the following:

  • S$495.00 nett application fee that includes initial review, and credential assessment & verification of your application for ARiMI-FSRM™
  • S$1,200 nett practice paper review fee, that includes 3-hour coaching for 2 Practice Papers
  • S$2,150 nett certification fee if the ARiMI-FSRM™ designation is awarded, which will be valid for a period of 3 years

For ARiMI-LECP FRAMEWORK™ LEARNING-TRACK applicants, the total fee for the ARiMI-FSRM™ application process is S$2,645.00, which comprises of the following:

  • S$495.00 nett application fee that includes initial review, and credential assessment & verification of your application for ARiMI-FSRM™
  • S$2,150 nett certification fee if the ARiMI-FSRM™ designation is awarded, which will be valid for a period of 3 years

Optional Master Classes for FSRM™ Fees


    Once you have cleared the initial review, and credential assessment & verification of your application for ARiMI-FSRM™, you can sign up for any of the Optional Master Classes at a 20% discount on published fees. If you wish to take advantage of this offer, please contact us.

Application Process For INDUSTRY-TRACK Applicants


As there are no compulsory courses to follow, you can apply for FSRM™ certification anytime online.

Before you complete the online application form, you have to check that you meet the eligibility criteria for the ARiMI-FSRM™ designation. To complete your application, you will need to follow the steps outlined below.

  1. Application Form. All applications to the ARiMI-FSRM™ are submitted to enrol@arimi.org. Make sure to thoroughly complete the application form, giving accurate and up-to-date information. You will be required to explain (in detail) your motivation for applying for the FSRM™ designation. An invoice of S$495 will be sent to you by email. Do note that your application will only be considered when the ARiMI Admissions Office receives the application form fully completed and the payment of S$495.00 application fee has been made.
  2. Credential Assessment & Verification. The next step will require you to provide additional information as set in the Required Documentation.
  3. Outcome of Application. Upon review, credential assessment & verification of your application, you will be informed whether your application can proceed to the next step.
  4. Coaching & Practice Papers. You will need to write and submit 2 Practice Papers. An invoice of S$1,200 fee for the review of the practice papers will be sent to you by email. Preparation of the practice papers includes 3 hour of coaching session, which is compulsory and will be arranged upon payment of the fee.
  5. Outcome of Practice Papers Assessment. You will be informed of the outcome of the Practice Papers assessment. If successful, you will be awarded the Fellow in Strategic Risk Management - FSRM™ upon payment of the S$2,150 certification fee.

Application Process For ARiMI-LECP FRAMEWORK™ LEARNING-TRACK Applicants


Before you complete the ARiMI-FSRM™ application form, you have to check that you meet the eligibility criteria for the ARiMI-FSRM™ designation. To complete your application, you will need to follow the steps outlined below.

  1. Application Form. All applications to the ARiMI-FSRM™ are submitted to enrol@arimi.org. Make sure to thoroughly complete the application form, giving accurate and up-to-date information. You will be required to explain your motivation for applying for the ARiMI-FSRM™ designation. Thereafter, an invoice of S$495 will be sent to you by email. Do note that your application will only be considered when the ARiMI Admissions Office receives the application form fully completed and the payment of S$495.00 application fee has been made.
  2. Credential Assessment & Verification. The institute will verify that the applicant has successfully completed both the ARiMI-CPRM™ and ARiMI-CERM™ with the required grade level.
  3. Outcome of Application. You will be informed of the outcome of your application. If you meet the requirement, you will be awarded the Fellow in Strategic Risk Management - FSRM™ upon payment of the S$2,150 certification fee.

 

 

 

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