University of Alberta

Risk Management

Certificate and Fellowship

Risk Management is the fast-growing, exciting discipline of management dealing with the handling of accidental losses which can seriously affect an organization’s normal operation if not handled in an effective manner. The CRM (Certificate in Risk Management) is awarded to students who have successfully completed the three courses in risk management.

Benefits of Designation

RIMS is the leading risk management association for learning, resources and connections.

  • Stay ahead with the latest industry news from RiskWire™ daily news service and Risk Management magazine.
  • RIMS Annual Conference and Exhibition offers the ultimate educational and networking experience.
  • RIMS Resource Library offers a collection of documents that can be shared among RIMS members.
  • Visit the RIMStore for risk-related publications, guides and merchandise.
  • The RIMS Career Center includes strategies and tips as well as a complete Job Bank, Professional Growth Model and Student Resource Center
  • The RIMS Benchmark Survey™ provides data on insurance acquisition within 14 major industry groups and six key coverages, as well as documenting significant trends affecting risk management.
  • Attend local chapter meetings and regional conferences.

Obtaining your Designation

Certificate in Risk Management (CRM)

Students must complete all three courses:

Core courses - Complete all 3
 course # days starts  cost
EXIIC 5626 Risk Assessment TBA
EXIIC 5630 Risk Control
Started on Jan 13
EXIIC 5631 Risk Financing
MW Apr 13 $635
M-Monday T-Tuesday W-Wednesday R-Thursday F-Friday S-Saturday D-Sunday

RIMS Fellowship Program (FRM)

For complete program requirement details visit

  1. Complete all three Risk Management courses:

    • EXIIC5626 –  Risk Management (Structure of)
    • EXIIC5630 - Risk Control
    • EXIIC5631 – Risk Financing
  2. Four Foundation Courses:

    • Accounting and Finance
    • Two courses in business, economics, law, insurance, marketing, MIS, or management
  3. Twelve days of RIMS workshops; these are put on by RIMS Chapters. Information on when and where workshops will be held can be found on the RIMS website.

Many of the FRM courses are components of the Management Development Certificate Program. You may register concurrently in the Fellowship for Risk Management courses and the Management Development Certificate Program and receive equivalencies towards both. Please note that students registering concurrently in a professional designation along with the Management Development Certificate program need to Apply for Admission. For students taking courses toward a professional designation ONLY, you do not need to apply for admission, you only need to register for each individual course.

  • Association Contact:
  • Extension Contact: Management Certificate Programs office at 780.492.3027.