Learning Targets

The ARMOTM Level 2 program is a professional-level program for in-service practitioners.

The certificants of the ARMOTM Level 2 program shall meet the following requirements: have a deep understanding of the concept of comprehensive risk management, be able to master the theory and practical skills of the whole process of financial risk management, and have a comprehensive understanding and mastery of risk identification, risk metrics, risk control and supervision; have a strong foundation in financial, mathematical, financial affairs and modeling, and understand and master the management methods of major risks such as market risk, credit risk, operational risk and liquidity risk; understand the historical classic cases and the latest financial risk management cases, have strong understanding and application skills for emerging concepts such as FinTech and quantitative risk control, and have professional ethics and general knowledge of relevant laws and regulations required by Accredited Risk Management Officer (ARMOTM) certification.

Through the training and assessment required by Accredited Risk Management Officer (ARMOTM) certification, the ARMOTM certificants shall be familiar with and master the knowledge system of PART I and PART II of the syllabus, and have the comprehensive ability and practical skills of financial risk management.

Application requirements

Those who have obtained 144 credits after recognized training can apply for the exam and can apply for the certificate upon passing the exam and meeting any of the following requirements.

High school diploma, Associate’s degree or equivalent, with 4 years working experience in related fields

Undergraduate or equivalent, with 3 years working experience in related fields

Bachelor degree or equivalent, with 2 years working experience in related fields

Master's degree or equivalent, or have obtained the certification of ARMOTM Level 1 program or intermediate or above professional technical title or professional qualification in finance, accounting, economics, management and other related majors, with 1 year of working experience in related fields

Doctoral degree or equivalent

Education requirement

Candidates participating in the ARMOTM Level 2 program exam shall complete training courses of 72 hours / 144 credits.

Scoring & Results

Exam Content

PART I of the syllabus (accounting for 50%)

PART II of the syllabus (accounting for 50%)

Exam Structure

Computer-based exam

PART I (100 multiple choice questions)

PART II (100 multiple choice questions)

Exam result

Exam results are emailed approximately 10 weeks after a candidate takes the exam, and the exams are scored with the result of ‘passed’ or ‘failed’, and the minimum passing benchmark for each exam is set by the ISFM. The purpose of this approach is to ensure fairness to candidates across administrations based on the difficulty of each exam, and the ISFM does not release the minimum passing benchmark.