Frequently Asked Questions

To earn the CRA designation you are required to complete the following courses:

• RAI101 - Introduction to Risk Management and Analysis (Mandatory, 60 hours)
• RAI102 - Probability and Statistics for Risk Analysis (Mandatory, 60 hours)
• RAI201 / RAI202 - Financial Risk / Non-Financial Risk (Choose 1, 40 hours)

Total Required Courses: 3

Expected Completion Time: ~160 hours (about 4–5 months at ~10 hours/week)

Certification Retention Requirements:

• Annual CPD: 15 hours/year in applied risk or analytics topics.
• Course Refreshers: At least one refresher every 2 years for CRA core courses.
• Practice Requirement: Remain actively engaged in a risk or analytics-related role.

To earn the CRM designation you are required to complete the following courses:

• RAI101 - Introduction to Risk Management and Analysis (Mandatory, 60 hours)
• RAI102 - Probability and Statistics for Risk Analysis (Mandatory, 60 hours)
• RAI201 - Financial Risk Analysis (Mandatory, 40 hours)
• RAI202 - Non-Financial Risk Analysis (Mandatory, 40 hours)
• RAI300+ Series - Advanced Risk Management Topics (Choose 1, 40 hours)

Total Required Courses: 5

Expected Completion Time: ~260 hours (about 6–7 months at ~10 hours/week)

Certification Retention Requirements:

• Annual CPD: 20 hours/year in applied risk or analytics topics.
• Course Refreshers: At least one refresher every 2 years for CRM core or capstone courses.
• Practice Requirement: Remain actively engaged in a managerial or senior risk-related role.

To earn the CRO designation you are required to complete the following courses:

• RAI101 - Introduction to Risk Management and Analysis (Mandatory, 60 hours)
• RAI102 - Probability and Statistics for Risk Analysis (Mandatory, 60 hours)
• RAI103 - Mathematical Modeling (Mandatory, 60 hours)
• RAI201 - Financial Risk Analysis (Mandatory, 40 hours)
• RAI202 - Non-Financial Risk Analysis (Mandatory, 40 hours)
• RAI300+ Series - Intermediate Risk Management Topics (Choose 1, 40 hours)
• RAI400+ Series - Advanced Strategic and Enterprise Risk Topics (Choose 1, 40 hours)

Total Required Courses: 7

Expected Completion Time: ~360 hours (about 9–10 months at ~10 hours/week)

Certification Retention Requirements:

• Annual CPD: 20 hours/year in applied risk, leadership, or analytics topics.
• Course Refreshers: At least one refresher every 2 years for CRO-level or core courses.
• Practice Requirement: Hold a senior leadership or executive role in risk management or analytics.

Earning a CRA, CRM, or CRO designation positions you for growth in risk analytics and management. These credentials demonstrate technical and strategic expertise, preparing you for senior, leadership, and executive roles in finance, insurance, consulting, and other industries.

Courses are designed in a recommended sequence to ensure proper progression. However, courses can also be taken individually for participation certificates. Students taking stand-alone courses who later pursue a designation will be allowed to complete the relevant exams for credit.