Mathematical and Statistical Sciences

Professional Certifications in Risk Management

There are several international professional certifications in risk management:

  • Energy Risk Professional (ERP), offered by the Global Association of Risk Professionals
  • Financial Risk Manager (FRM), offered by the Global Association of Risk Professionals
  • Professional Risk Manager (PRM), offered by the Professional Risk Managers' International Association

The Energy Risk Professional (ERP) certification is for professionals with careers in the oil, coal, natural gas, and alternative energy industries to manage risk in a real-world energy environment.

The Financial Risk Manager (FRM) and Professional Risk Manager (PRM) certifications are for professionals with careers in financial risk management.  Compared to the Certified Financial Analyst® (CFA) designation, these certifications are focused more on financial risk management and less on other topics, and therefore are intended specifically for careers in financial risk management.

For more information on these certifications, visit the Global Associate of Risk Professionals (GARP) website and the Professional Risk Managers' International Association (PRMIA) website.

The Edmonton Chapter of PRMIA regularly organizes events on topics surrounding risk management. In particular, they organize an annual finance and risk management career conference at the University of Alberta, usually around March (students registered in one of our degree programs will receive a notice via the departmental student mailing lists; other students should contact us).