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.
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.

Exam starts
07
Apr 2027
APRIL DIET
Registration: 4 Jan – 13 Mar 2027
Exam: 7 Apr 2027 – 9 Apr 2027
Registration closed
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.

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