Certification in Enterprise Risk Management (ARiMI-CERM™)

Lead with Distinction in Enterprise Risk Management. Navigate Success with Proficiency in Effective Risk Management Prowess!

Intake

10 September 2024

Duration

8 days over 3 months

Format

100% Live Online

Recognition

ARiMI-CERM™ Professional Certification

Overview of Enterprise Risk Management Program

Comprehensive Curriculum with Real-World Application

THE certified risk management program that offers a comprehensive curriculum in Enterprise Risk Management, combined with an Action Learning Project (APL). Expanding upon the strong foundation laid by the Certifed Enterprise Risk Professional (ARiMI-CERP™) program, the Certified Enterprise-wide Risk Manager (ARiMI-CERM™) program provides a unique opportunity to promptly apply, practice, and solidify new knowledge and skills through the APL. The APL enables participants to address real risk issues or initiate ERM enhancement projects seamlessly under expert faculty guidance.

Comprehensive Curriculum with Real-World Application

Consequently, by thoroughly exploring enterprise risk management principles, methodologies, and tools, the ARiMI-CERM™ empowers both aspiring professionals and seasoned risk managers to build confidence in navigating diverse industries, broader project scopes, and challenges, thus expanding their expertise in the field. Aligned with long-term sustainability and performance objectives, the certification emphasizes practical enterprise risk management dimensions for maximum organizational impact. Experience unparalleled opportunities to advance your career and revolutionize enterprise risk management with ARiMI-CERM™ certification.

Learning Objectives for Enterprise Risk Management Program

The Enterprise Risk Management program aims to empower participants with knowledge and skills to address their organisation’s risk management challenges. ARiMI-CERM™ graduates will:

Understand Risk & Its Management

Gain a comprehensive and cross-disciplinary understanding (from strategy, governance, finance, internal audit to HR) of the key enterprise risk management concepts, issues, frameworks, methodologies, tools and best practices.

Build the Business Case for ERM

Learn how to conduct a risk maturity analysis and create a compelling business case for ERM, applicable to organizations of any size, industry, or risk maturity level.

Lead ERM Transformation

Acquire comprehensive knowledge and skills for designing and implementing ERM within diverse organizational systems and cultures. Develop practical expertise through hands-on workshops, demonstrating proficiency in applying and integrating ERM concepts effectively.

Set & Manage the ERM Function

Establish and cultivate the enterprise risk management team as a strategic advisory function, aiming to enhance corporate planning, decision-making processes, and overall organizational systems.

Drive ERM Performance

Enhance corporate sustainability and foster profitable growth by optimizing the balance between risk and opportunity. Build organizational capabilities for continuous learning, innovation, and change.

Program Modules

Risk CHAMPIONS Modules:

Leading ERM Initiatives/Projects for Organizations

RCM1: Designing ERM - Risk Management Frameworks, Systems & Culture

This module provides a comprehensive framework to design an Enterprise Risk Management system and policies adapted to your organization’s business needs and maturity, allowing you to address business issues, stakeholders’ concerns, and new regulations in an efficient and integrated manner. ERM can yield tremendous potential competitive advantage for an organization through an integrated, enterprise-wide perspective on its risk profile aligned with its business model.

RCM2: Implementing ERM - Systems Change & Nurturing A Risk-Aware Culture

This thought provoking and practical module will give participants an insight into the various Enterprise Risk Management change methodologies and models, and their implications for corporate systems and culture transformation. You will learn a project implementation roadmap on how to nurture the type of risk-aware culture able to learn and adapt to continuous changes in the environment, and thus creating sustainable value for your organization.

RCM3 - Sustaining ERM: Managing Changes, Crises & Business Sustainability

This module emphasizes the importance of Enterprise Risk Management in building organizational capabilities for continuous learning and business renewal. It provides a roadmap to deal with change and crises, using a practical problem-solving approach with a focus on the importance of system resilience, stakeholders’ perceptions management, effective crisis communication, and preparedness in preventing or controlling crisis situations.

Risk PROFESSIONALS Modules:

Mastering the Process for Managing Risk & Value

RPM1: Corporate Reputation & Stakeholders Risk Management

In today’s volatile and competitive world, the value of corporate reputation is a key component of business and organizational performance. This module provides participants with a road map on how to manage Reputation as a strategic asset to create competitive advantage in the marketplace. It covers how to manage communication with key stakeholders to build a strong relationship and a survival guide on how to preserve reputation through a crisis.

RPM2: Corporate Governance & Risk Management

Corporate collapses and the financial crisis have highlighted the weaknesses of existing internal controls and risk management systems and the need for a higher level of corporate governance to better align and protect the diverging interests of the various stakeholders in the corporate “game”. This module will guide you through a comprehensive plan on how to strengthen corporate governance by promoting transparency, accountability and effectiveness in management practices.

RPM3: Corporate Ethics, Fraud & Compliance Risk Management

This practical module will provide you with the most updated current methodologies and best practices to protect your organization against fraud with strong corporate ethics, effective prevention and detection systems. Participants will also understand the extent to which organizations are exposed to the ever-increasing regulatory environment, how to identify the risk and compliance issues that have most significance and how to integrate and leverage a compliance management program within the Enterprise Risk Management system of your organization.

RPM4: Corporate Control, Internal Audit & Risk Management

This module provides a practical roadmap on how to conduct effective Risk-Based Internal Audit (RBIA). Explore how to strategically utilize risk-based methodologies in planning and conducting audits, ensuring thorough assurance on the adequacy of integrated risk management practices and management control frameworks.

RPM5: Corporate Performance & Human Capital Risk Management

This module introduces a methodology for mapping human relationships within organizations to identify their impact on organizational performance. Discover how to influence and shape behavior and culture to foster sustainable value creation. Learn to develop and utilize risk-adjusted Key Performance Indicators (KPIs) that align with organizational objectives, ensuring that your staff’s behavior supports business performance and interests.

Program Information

For Certified Enterprise-wide Risk Manager (ARiMI-CERM™) program:

  • University degree with 5 years work experience.
  • Non-degree holders need about 8 years of work experience.
  • Prior risk management experience is a plus but not mandatory.
  • Some supervisory or managerial experience preferred, but not required.

Course Dates

9 September 2024 (Mon): Program Orientation (up to 1 hour)

10 – 12 September 2024 (Tue – Thu): Modules RCM1, RCM2 and RCM3

7 – 9 October 2024 (Mon – Wed): Modules RPM1, RPM2 and RPM3.

5 – 6 November 2024 (Tue – Wed): Modules RPM4 and RPM5

Exam Date

8 November 2024 (Fri): Online Exam

Action Learning Project (ALP) Submission Date

Due two months after the online exam. Extensions are available upon request for candidates needing extra time to complete their projects.

Registration Deadlines

10 July 2024: Closing registration date for Early Bird

27 August 2024: Closing registration date for the rest, including registrations with ARiMI Grants

Registration usually closes two weeks before the program begins.

 

Published Course Fee: SGD 5,225.00 nett

Early Bird Course Fee: SGD 3,995.00 nett (register by 10 July 2024 to be eligible)

Course Fee with 25% ARiMI Grant: SGD 3,918.75 nett

Course Fee with 35% ARiMI Grant: SGD 3,395.25 nett

Online Exam Fee and ALP* Assessment Fee: SGD 415.00 nett and SGD 375.00 nett respectively

20% Group Discount:

Register two or more participants from the same company for the program and receive a 20% discount on the published course fee. Discounts do not apply to examination fees and cannot be combined with ARiMI Grants or other offers.

*An Action Learning Project that encompasses a single practical study. Participants analyze a relevant industry case, applying methodologies and tools acquired in the program. The completed study is submitted after completing all 8 modules, with coaching support provided for high-level value creation work.

How to qualify for ARiMI Grant?

  1. To be eligible, applicants must have active  LinkedIn, Facebook, and Instagram accounts.
  2. After completing the ARiMI certification program, it is imperative that applicants must acknowledge the professional designation on LinkedIn and other pertinent platforms. 

How to apply for ARiMI Grant?

  1. Submit completed registration form to begin the ARiMI grant application process.
  2. Specify your interest in applying for the Grant, and we will provide the ARiMI Grant application form for eligible applicants.

Note: ARiMI Grant cannot be combined with early bird course fee and discounts.

Approach:

  • Fully live online training
  • Interactive experiential learning
  • Blended learning
  • Collaborative learning (high-level peer engagement)
  • Allow flexible learning to combine work and study
    Personal coaching

Assessment & Feedback:

  • Self-evaluation
  • Group and peer evaluation
  • Faculty Feedback

Candidates are required to:

  • Meet the certification assessment requirements
  • Adhere to ARiMI Code of Professional Conduct
  • Agree to fulfill the requirements of ARiMI Continuing Professional Development (CPD) policy applicable to certifications.

Enterprise-wide Risk Manager Certification Assessment

  • Attend a minimum of 75% of the required 8 modules.
  • Participate activity and engage in workshops.
  • Take a two-hour online exam consisting of 100 multiple-choice questions.
  • Submit and pass the Action Learning Project (ALP).
  • Passing requires an overall grade of 70%.

Chart Your Path to Excellence: Begin Your Learning Voyage with Us

Tailor Your Learning Experience!

Prefer to attend selected modules instead of all 8 modules in the Certified Enterprise-wide Risk Manager (ARiMI-CERM™) program? You can opt for the Risk Master Classes or individual workshops for a focused learning journey!

01

3-day RISK CHAMPIONS MASTER CLASS

Craft a tailored ERM system for business success. Master change methodologies, build crisis resilience, and gain a competitive edge. Elevate your organization with transformative insights now!

02

5-day RISK PROFESSIONALS MASTER CLASS

Step into mastery with our Risk Professional Master Class! Elevate your skills with advanced methodologies, tools, and leadership prowess. Be the force driving effective ERM, transforming your organization’s risk landscape for unparalleled success!

03

1-day RISK WORKSHOPS

Discover our dynamic 1-day workshops at ARiMI! From introductory sessions for junior managers to advanced classes for senior management, dive into immersive, team-oriented learning on crucial risk management topics. Enroll today!