Important changes to the PRM exam and curriculum

[Anonymous]

Exam Takers!
There will be some changes to the PRM exam and curriculum including the exam frequency, exam bundling, and experience requirements starting January 2014:

“Exam Frequency
PRMIA will discontinue on-demand exam taking and will offer exams at fixed intervals throughout the year. The new testing approach will begin in January 2014; thus, the last date for “On Demand” testing will be December 31, 2013.

This examination approach still maintains a high degree of scheduling flexibility in comparison to our peers by allowing 4 testing windows a year, each spanning over 3 weeks, as opposed to an approach such as a single testing day spaced six months apart.

Exam periods will be:
1. 1st window: February 24 – March 14
2. 2nd window: May 26 – June 13
3. 3rd window: August 18 – September 5
4. 4th window: November 24 – December 19

Exam Bundling
Beginning January 2014, PRMIA will start selling the PRM Exam as a bundle. Each bundle will contain 4 exam vouchers, which can be used with any of the 4 PRM Exams and a complete set of the Professional Risk Managers’ Handbook (PRM™ Handbook). This will ensure that our candidates are constantly educated with the most pioneering study materials available in the field and will eliminate the need to constantly change the PRM Vouchers.

PRM Vouchers will now have a validity of 30 – 36 months. Candidates will have 2 years to complete the PRM Program from the first successful attempt at any of the PRM Exams. In the eventuality of an unsuccessful examination attempt, candidates can purchase additional PRM Vouchers online or by contacting support@prmia.org.

Experience Requirements
Beginning January 1, 2014 PRMIA will require that PRM candidates meet minimum experience requirements, which include:

4 Years if no bachelor degree
2 Years if bachelor degree
No experience requirements if the candidate has completed a graduate school (i.e. MBA, MSF, MQF etc.) or is a holder of other accepted professional Designations (CFA, CAIA, CQF, ASA etc.)
These experience requirements are being implemented to allow candidates to apply their experience to the theoretical concepts they meet in their study. Also, it allows the PRM to be seen as a qualification that is held by experienced risk management practitioners. This will be an attraction to new PRM candidates and a benefit to PRM holders.”

[Anonymous]

Please i need some clarifications.
1. What definate change will be made on the exam paper one? Will it lead to a total overhaul?
2. So the prm handbook for exam paper 3 that i already have will become useless?

[Anonymous]

Can someone give me clarity how to take the exams now. For example if i want to take any exam i January can i take it or it will only happen between the windows mentioned.

[Anonymous]

Follow this link for FAQ:
http://www.prmia.org/prm-exam/exam-changes

*PRMIA will discontinue on-demand exam taking and will offer exams at fixed intervals throughout the year

The first window starts on February 24

[Anonymous]

Can I take 4 exams in one sitting? Or with the changes described above, I can take each exam one at a time?Thanks, -K

[Anonymous]

Yes PRMIA brought some changes but I think you can still take each exam one by one by buying direclty with pearson.

[Anonymous]

So, I can take 4 exams in one day as it was an option before changes? Thanks

[Anonymous]

You can take 4 exam in one day but you now have to buy the whole package 4 exam + the handbook with PRMIA to take any of the exam.
However in pearson VUE website you can still buy individual exam

[Author]

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