Chartered Risk Management Institute of Nigeria
CBT online · Twice yearly · English (British)

The Chartered Risk Manager examination.

Three stages. Two diets a year. Online-proctored across Nigeria. The national standard for risk-management certification — the same content, examined the same way, regardless of which centre you sit at.

Register for the next diet Explore stages
3
Stages
2
Diets / year
CBT
Online proctored
30 / hr
Multi-choice per module
Two perspectives per stage
Each stage examines the global discipline and the Nigerian regulatory context side-by-side.
Four-year window between stages
Pace yourself — pass each subsequent stage within 4 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 four-year window to progress between them.

I

Stage I · Foundations

5 modules · 250 questions

II

Stage II · Core Risks

6 modules · 300 questions

III

Stage III · Integration

4 modules · 200 questions

Stage
I
Foundations
Modules
5
Prereq.
—
Format
CBT · English
Global content

Fundamentals of Risk Management

  • M1. Introduction to Risk Management
  • M2. Quantitative Analysis for Risk Management
  • M3. Financial Markets Structure & Instruments
Nigerian content

Nigerian Banking Systems

  • M4. Banking Law, Ethics & Regulations
  • M5. Bank Lending Practice
Stage
II
Core Risks
Modules
6
Prereq.
Pass 3 of 5 in Stage I
Format
CBT · English
Global content

Core Risk Disciplines

  • M1. Credit Risk
  • M2. Market Risk
  • M3. Operational Risk
  • M4. Liquidity Risk
Nigerian content

Nigerian Regulatory Landscape

  • M5. Regulators & Supervisory Framework
  • M6. Capital Markets & Pension System
Stage I must be passed before Stage II is examined.
Stage
III
Integration
Modules
4
Prereq.
Pass Stage II
Format
CBT · English
Global content

Strategic Integration

  • M1. Enterprise Risk Management & Strategy
Nigerian content

Regulatory Risk & Compliance

  • M2. AML / CFT & Sanctions
  • M3. Anti-corruption & Whistleblowing
  • M4. Financial Reporting & Disclosure
Stage II must be passed before Stage III is examined.
Format & logistics

How the exam runs.

  • Computer-Based Test
    30 multi-choice questions per module, completed in one hour. 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 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

Four-year window between stages — Stage II within 4 years of Stage I; Stage III within 4 years of Stage II.

Work-experience submission

Submit your 2-year experience documentation within 5 years of passing all stages. Beyond that, stages must be re-registered.

Examination integrity

A code of conduct candidates can stand behind.

CRMI's examination integrity framework spans pre-exam preparation, sitting protocol, and post-exam dispute handling. Members and candidates are bound by the same standards the Examinations Committee uses in every review.

Read the full Code
Pre-exam
ID verification · quiet sitting environment · pre-exam system check.
During exam
Continuous proctored monitoring · no external assistance · no copy/paste from web sources.
Post-exam
Anonymised marking · Examinations Committee disputes · results released within 4 weeks.
Diet calendar

Upcoming & recent diets.

Live from the examinations office — the calendar refreshes the moment a diet's status changes.

No diet announced yet. Subscribe through the member portal to be notified.
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.

Sign in & register Not a member yet? Apply