Over the past 10 years, ERM has evolved from an innovative concept to a global best-practice standard for the Management of Risks in Organizations. Regular corporate collapses and continuous crises in the global financial system have reminded us of the importance of effective risk management.
Therefore, EFFECTIVE risk management has become an imperative for boards and management because of its vast potential to achieve SUSTAINABLE PROFITABLE PERFORMANCE by increasing the reliability of operations, building resilience, and fostering innovation & value creation. However, implementing ERM is a very challenging undertaking; many organizations struggle through the process and fail to achieve any tangible benefits.
The purpose of CERM™ Program is to develop ERM Champions able to design and drive the implementation of ERM programs in the system and culture of their organizations to improve the long-term sustainability potential and nurture the conditions for profitable growth
The CERM™ program has set a new industry standard for Risk Professionals in Asia. It is conducted by the Asia Risk Management Institute (ARiMI), the leading Professional Development Institute in Enterprise Risk Management in Asia.
Check out the TESTIMONIALS and hear what our graduates say about our programs and what they have learnt through the experience.
CERM™ - Develop ERM Champions & Effective Risk Professionals
The aim of the program is not just for participants to acquire new knowledge, but also to develop the capabilities to apply that knowledge effectively to resolve their organization risk management challenge. Consequently, CERM™ graduates will:
To allow participants to integrate our program into their work schedule, the CERM™ Program takes place in just 2 modular periods (approximately separated by 4 to 5 weeks). Each period on site is 3 or 5 days (typically starting from Monday).
Busy professionals who are not based in Singapore need to make only 2 trips to Singapore.
In addition to the work on site, there is significant work to be done between sessions, often aimed at applying theory to your practical business needs.
The program is targeted at risk management professionals, and senior executives to management from all industry sectors and functions who are concerned with the challenge of making ERM a success for their organizations.
The program is also suited for any individual who has a professional interest in becoming proficient in enterprise risk management and wishes to further his/her career development into the field of risk management.
The following groups of people will find this program particularly beneficial:
Both you and your organization will benefit from the CERM™ Program.
Prospective CERM™ applicants should:
Your application will only be considered when the Program Application Form is duly completed. Upon review, you will be informed by email whether your application has been accepted or not.
The CERM™ Program consists of Risk CHAMPIONS Master Class and Risk PROFESSIONALS Master Class (which is a total of 8 workshop modules) and provides a comprehensive and structured learning path, both in scope and depth, covering:
|Risk CHAMPIONS Master Class: Leading ERM Projects for Your Organization|
|• RCM1||Designing ERM: Risk Management Frameworks, Systems & Culture||1 day|
|• RCM2||Implementing ERM: Systems Change & Nurturing a Risk-Aware Culture||1 day|
|• RCM3||Sustaining ERM: Managing Changes, Crises & Business Sustainability||1 day|
|Risk PROFESSIONALS: Managing the ERM Function in Organizations|
|• RPM1||Corporate Reputation & Stakeholders Risk Management||1 day|
|• RPM2||Corporate Governance & Enterprise Risk Management||1 day|
|• RPM3||Corporate Ethics, Fraud & Compliance Risk Management||1 day|
|• RPM4||Corporate Control, Internal Audit & Risk Management||1 day|
|• RPM5||Corporate Performance & Human Capital Risk Management||1 day|
The 8 modules are organized into 3-day and 5-day sessions spread over 2 months. This modular structure of the program allows participants coming from all over Asia to balance work and study at the same time. The physical time on site represents 8 days as follows:
In addition to the work during the program, there is significant work to be done between sessions, often aimed at applying theory to your practical business needs.
To obtain the Certification, participants are required to pass successfully the different components required to qualify for assessment for accreditation purposes (more information in Section: Program Assessment).
Assessment is necessary to ensure the quality of the graduates by reviewing the candidate's ability to meet the requirements of the professional program.
Upon completion of the program's requirements for the workshop modules, assignments and examination, candidates will be awarded:
The CERM™ program is a powerful learning experience, but it is only 1 step in your professional development journey.
You can further pursue the Certified Professional Risk Manager (ARiMI-CPRM™) Designation.
The CPRM™ Program is designed to develop RISK LEADERS and RISK EXPERTS who are able to analyse the most complex risk issues and design effective solutions by mastering the risk management decision-making process. Hence, CPRM™ is beneficial for any leader and manager, whatever the function and industry you are in.
To continue your development and aspiration as a RISK MANAGEMENT PROFESSIONAL or LEADER., please contact us simply by using the Contact Us form.
We have 2 intakes per calendar year. Hence, busy professionals will be able find an intake that suits their work schedules, thus allowing them to plan ahead.
Those who are not based in Singapore only need to make about 2 trips to Singapore.
Please note that courses and dates are subject to change.
CERM™ participants are fully responsible for all travel arrangements, accommodation and associated costs.
CERM™ Program modules, RCM1-RCM3 and RPM1-RPM5, are conducted over 2 months.
Once you sign up for the program, you will be registered in the intake and group joined at the time of registration.
|(3 Risk Champions Modules + 5 Risk Professionals Modules)||Course Fee
(w.e.f. 1 Jan 14)
|Course Fees||SGD 5,885.00|
Note: The above-mentioned activites and items are subject to change
Companies can claim 400% tax deductions or 40% cash payout of total training expenditure under the Productivity and Innovation Credit (PIC) Scheme. Terms and Conditions apply. For more information, please check out IRAS website:
We have discounts/grants for the program. Check below to see the type of discounts available, which you may be eligible to apply. Please also note that discounts are not applicable to examination fees.
Participants are coming from a wide range of industry bringing a wealth of perspectives on critical Risk Management issues and illustrating the critical importance of effective Risk Management for every industry sectors and job funtions. Take this opportunity to build your network with a peers group of risk professionals from a wide range of industries and learn from direct industry experience in managing Risks.
For more TESTIMONIALS from our graduates, click here
Majority of the participants of the ARiMI-CERM™ and ARiMI-CPRM™ programs are sponsored by their organisations and you can find these graduates in many industry sectors and organizations around Asia:
Corporate support is an important factor to the success of the participants within the ARiMI-CERM™ program. As such, formal corporate endorsement is welcome for the application submitted by candidates and will allow the organization to generate more value from the CERM™ program.
Should your organization wish to work more closely with us to ensure that your employees reap the maximum benefits of the program, simply contact us.
How you learn is as important as What you learn
The basis of the CERM™ is a strong problem-solving approach and has been specifically designed for busy professionals. We know that square pegs don't fit into round holes! That people with different background and experiences react and learn differently.
Hence, the program follows a UNIQUE experiential learning format and real-life business case studies that ensures you can build on your professional experience to quickly apply the new knowledge and skills acquired in your workplace to resolve your professional challenges.
Our Learning Principles are as follows:
Many professionals returning to "school" have images of one-way lectures and learning as "memorisation". Our programs are (a lot) different, they follow a workshop format. Our Faculty offer their deep expertise, but this is done with active participation and debates.
In fact, at ARiMI we don't use the word "student" - we use "participant" as the people joining the program are established professionals with already a lot of work experience. One role of the faculty is to tap such experience and to encourage active debate and exchange of ideas, opinions and best practices to foster collective learning while maintaining at all time a respectful and constructive learning environment.
Management Education is all about bridging the GAP between theory and practice. This is particularly true in our programs where our learning methods emphasize practical problem-solving learning, yet grounded in solid theory.
During the workshop, learning is stimulated through case studies, role plays and debates, where we aim to reconcile the unique features of a case or organization’s particular issue with the more generalizable concepts uncovered in theoretical researches.
As we want to ensure that participants DO build the necessary practical knowledge and skills, all course modules are conducted using a unique workshop format that fosters interaction, knowledge sharing and experiential learning.
It involves a balanced mix of fundamental lectures with effective supporting materials; interactive case presentations & debates; group discussions and sharing of experience; problem-solving exercises including computer aided workshops; action learning with case simulations with 'role plays'.
With Learning, the results you get are proportionate to the efforts you put in. Hence, we strongly encourage our CERM™ participants to "own" their learning. This means that they are prepared for workshops and contribute actively to their own learning and the learning of others.
Certainly, a significant amount of learning occurs by listening to other participants and being involved in active dialogue. Our Programs provides such opportunities.
Risk Management learning doesn’t stop when the program is completed. In fact, it is just the start of a life-long learning process. In a world where the only constant is change, it is essential for executives to keep on learning in order to stay ahead of the change 'curve'. And it is actually a requirement for our graduates to practise and continue to learn in order to keep their knowledge and skills up todate.
For example, every year our alumni expected to do something to demonstrate their professional expertise. It might be to return to campus to take new workshops. Or attend Risk Management conferences. It could also be to write an article on some important risk management issues. In any case, our alumni association will provide opportunities for ongoing exchange. The learning should never stop.
The ARiMI CERM™ Program has been designed with busy working professionals in mind and it gives participants the flexibility to learn and work effectively at the same time.
The program is run 3 times (i.e. 3 sessions) a year, with each session being conducted over 2 months.
Participants who are not based in Singapore can easliy attend all the 8 Modules, and sit for the on-site examination by making just about 2 trips to Singapore.
For this program, participants will have the advantage of learning from leading Experts in the field of risk management who have in-depth practical experience through their advisory, consulting and educational work.
ARiMI's very experienced faculty consists of highly credentialed practitioners, scholars, skilled educators, groundbreaking researchers, and entrepreneurs. We also invite recognized experts and business leaders to share their experience during special sessions or segments of our workshops. Hence, our trainers and guest speakers will bring to the participants a wealth of knowledge and practical experience that will provide a lot of insights on how to answer practical work challenges.
For more information, click on the names of the faculty below:
Dr Er Jwee Ping,
Jean-Yves Le Corre