Leading Excellence in Banking

ASSOCIATE PROFESSIONAL RISK MANAGER (APRM)Examination Preparatory Programme

BIBF plays a vital role in the training and development of human capital in the Middle East and North Africa.

Our commitment to excellence has strengthened our position as the leading educational provider across all major business disciplines.

We serve As a partner to numerous world-class institutions; delivering thought leadership, assessment and training in the areas of Banking, Accounting & Finance, Assessment & Development, English & Business Communication, Human Resources, Information Technology, Insurance, Interpersonal Skills, Islamic Finance, Leadership & Management, Marketing, Sales & PR, and Project Management.

BIBF’s Global Reach

The Associate Professional Risk Manager (APRM) is a risk certification awarded by the Professional Risk Managers’ International Association (PRMIA). PRMIA is an internationally renowned risk management institute based in the U.S., and offers various international certifications in the areas of risk management including APRM and PRM (Professional Risk Manager). APRM is ideal for graduates with 2-3 years of work experience in the area of risk or internal audit and for candidates who are familiar with risk management practices in their local markets and wish to gain a broader understanding of risks from an international perspective. APRM is less quantitative than the regular PRM designation, while retaining the core concepts of risk management.

The Professional Risk Managers’ International Association (PRMIA) was established in 2002 by a volunteer group of risk industry professionals. It is a non-profit professional association, governed by a Board of Directors directly elected by its global membership. Its mission is to provide an open forum for the development and promotion of the risk profession.

For more information visit: www.prmia.org

About the Programme

Awarding Body

Exemptions

Those who pass the Associate PRM exam will receive the Associate PRM Certificate and be exempted from exam IV of the PRM Designation.

Syllabus in brief

• Concept of risk management and its place in the business, organization or system • Concepts of risk management techniques in a non-quantitative framework• Understand how governance fits into the concept of risk management • Concepts of risk and return• The structure and workings of various financial markets • The financial instruments used in risk management• Concepts of interest rate risk and hedging • Concepts of asset-liability management• Concepts of market risk management• Concepts of retail and commercial credit risk management • Concepts of operational risk management• How performance can be measured• Concept of enterprise risk management• Industry standards and best practices of financial risk management • The positive role that risk management can play

Entry Requirements• A Bachelor’s degree from a recognised university in any discipline (including, but not limited to: statistics, economics, finance, business, accounting, mathematics, engineering, physics and computer science)• Proficiency in the English Language at least equivalent to BIBF’s Business English Programme (BEP) Level 4

Programme Fees

BHD 1,100/-

This includes:• BIBF Training and mentoring sessions • PRMIA-recommended course book• BIBF handouts • Practice quizzes

Programme Details

Name: Associate Professional Risk Manager (APRM), awarded by The Professional Risk Managers International Association (PRMIA)Duration: 4 months (80 hours)

Benefits of APRM Exam Preparatory Programme

• Taught by experienced industry professionals• Rigorous mock tests in an exam environment• In-depth coverage of the entire syllabus designed by PRMIA

Who Will Benefit?

The Associate Professional Risk Manager (Associate PRM) is a PRMIA certificate programme intended for staff entering the risk management profession, or those who interface with risk management disciplines on a regular basis, such as auditing, accounting, legal, and systems development personnel who want to understand fundamental risk management methods and practice.

Assessment

Candidates are only required to pass one exam. The exam is computer-based and the questions are all multiple choice. Exam questions are randomly drawn from the exam data base, according to the syllabus order and weighting. The Associate PRM exam is based upon the book Essentials of Risk Management. Total number of exam questions - 90 Exam time allowed - 3 hours Passing grade - a minimum of 60% correct

The Associate Professional Risk Manager exam is only operated by Pearson VUE. Examinations are conducted in a secure and monitored testing facility, available in nearly 5,000 locations. Candidates may only sit for the exam once every 90 days.

How to Apply

Visit the BIBF website at: www.bibf.com to obtain a registration form. Admission to the programme will be through

an application process. Ensure that you have the minimum entry qualifications before applying. Please send your

application to the programme officer by e-mail banking@bibf.com or call +9731781555/ Ext: 5591.

Applicants will need to provide their CV when applying for the programme. Students applying for this programme will

be screened by the programme admission team before acceptance

Eligible candidates will be admitted to the programme on a first-come first-serve basis.

All applications are handled with extreme confidentiality. No personal information regarding the student will be shared

with third parties. The selection of students is done with due care and BIBF reserves the right to deny admission to any

applicant who does not meet its set standards of Admissions.

The applicants who meet the criteria set out by BIBF will be processed in line with its policy guidelines.

Application DeadlinesApplications are accepted throughout the year, although there is a cut-off date of two weeks prior to the start date of

the programme.

Student ObligationsStudents who are selected will be duly informed about the commencement of the programme and the procedures

regarding regulations, academic support and assessment. Students have the freedom to withdraw their decision two

weeks before the start date of the programme.

Student CharterPlease visit: http://bibf.com/Banking/Student-charter.pdf for the student charter. Students are expected to read the

student charter and fully understand the roles and responsibilities of a BIBF student and reasonable expectations from

BIBF programmes.

Review of Student Recruitment and Admission PoliciesBIBF has specialist departments (such as the Registration Department) to process and support admissions and enrolments,

which will be monitored by the Centre Head. Process flow for student recruitment and registration can be found on the

website along with information on the process of handling student and customer feedback: http://bibf.com/Banking/

Code-of-practice.pdf

To apply, contact Tamkeen through www.tamkeen.bh or call 1738 3333

Registration FormAssociate Professional Risk Manager (APRM)

Self Sponsored

Name of Participant

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

Organisation *Nationality *Date of Birth (mm/dd/yy)

*Address

*CPR *Country Office Tel

*Mobile Residence Tel Fax

*Email (Personal) Email (Work)

*Signature Date

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

Organisation *Nationality *Date of Birth (mm/dd/yy)

*Address

*CPR *Country Office Tel

*Mobile Residence Tel Fax

*Email (Personal) Email (Work)

*Signature Date

Self Sponsored Organisation Sponsored

Organisation Sponsored

Organisation Information

Contact Person :

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

*Nationality *CPR

Address

Organisation Country

Office Tel Fax Email

*Signature & Stamp Date

Name of the Participant

BIBF Application Fee (Non-refundable) BD 25

Please forward this form to: The Registrar, BIBF, PO Box 20525, Manama, Kingdom of Bahrain +973 17 815555 +973 17 729928 / 17916420 info@bibf.com or banking@bibf.com

Methods of Payment

Cheque Please find enclosed a cheque for made payable to BIBF.

or Credit card Please debit my credit card Visa Mastercard

Card No. Expiry Date

Cardholder’s Name Signature

Cash

BD 1,100 per participant This includes:• BIBF Training and mentoring sessions • BIBF handouts • On-line Epsilen platform for blended learning• PRMIA-recommended course book • Practice quizzes

INFORMATION DESK

Receipt Number Amount Date

Comments

Information Desk Attendant Signature

REGISTRATION OFFICE

Student ID Registered By Date

Comments

FOR BIBF OFFICE USE ONLY

7. BIBF reserves the right to change the fee structure without prior notice.

Refund Policy:

Two weeks and above prior to commencement date 100% Refund

Less than two weeks prior to commencement date 80% Refund

Less than one week prior to commencement date No Refund

TERMS & CONDITIONS:

1. BIBF offers courses on the basis that there will be sufficient students to justify running it or else the course will be cancelled.2. BIBF may modify the dates or cancel the course should any unexpected/unavoidable circumstances arise. BIBF’s liability in the event of any modification or cancellation will be limited to cover the fully paid course fees.3. In the event of cancellation of the course, BIBF will refund the amount paid in full by the student for the course. If the course is postponed by BIBF, the students have the option to ask for a refund.4. Students should attend the full duration of the course as scheduled and strictly abide with the stated course timings. In the event of a student attending less than 80% or the total course hours, the student will be withdrawn from the course, marked as a “Drop Out”, and requested to re- register. 5. Course deferral requests should be made by a student in writing one week prior to the course commencement date. No deferral requests will be entertained thereafter. Fees can be deferred for one session only, and course fees paid will not be refunded. Students are not allowed to attend a different course/subject for an approved deferral request.6. Students may withdraw from their course by giving a written notice of not less than one week prior to the commencement date. The refund policy of the Centre will apply.

Programme Fees

Leading Excellence in Banking

For further information, and to register.

Please contact the Centre of Banking:

Tel: (+973) 1781 5555 Ext: 5591

E-mail: info@bibf.com or banking@bibf.com