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PRMIA 8009 Exam Overview:
| Certification Vendor: | PRMIA (Professional Risk Managers' International Association) |
|---|---|
| Exam Name: | Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition |
| Exam Number: | 8009 |
| Exam Format: | Multiple-choice questions, Case study-based questions |
| Certificate Validity Period: | 2 years from pass date |
| Exam Duration: | 120 minutes |
| Passing Score: | 60% |
| Available Languages: | English |
| Exam Price: | $275–$350 USD (member discount available) |
| Related Certifications: | PRM™ Certification |
| Real Exam Qty: | 80–110 |
| Recommended Training: | PRMIA 2015 Edition Study Guide PRMIA Ethics and Governance Resources |
| Exam Registration: | Pearson VUE Scheduling PRMIA Official Registration |
| Sample Questions: |  |
| Exam Way: | Computer-based testing (CBT) at Pearson VUE test centers or online proctored |
| Pre Condition: | No mandatory prerequisites; recommended to complete PRM Exams I–III or have equivalent risk management experience; PRMIA membership required for certification |
| Official Syllabus URL: | https://www.prmia.org/Public/PRM/Becoming_a_Certified_PRM.aspx |
PRMIA 8009 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk Management Case Studies | 25% | - Orange County - China Aviation Oil - Baring Bank - Long-Term Capital Management (LTCM) - Northern Rock - Metallgesellschaft |
| Risk Management Best Practices | 20% | - Compliance and Regulatory Alignment - Internal Controls and Risk Limits - Enterprise Risk Management Framework |
| PRMIA Standards of Best Practice, Conduct and Ethics | 30% | - Whistleblowing and Reporting Violations - Code of Conduct and Professional Responsibilities - Conflict of Interest and Disclosure - Ethical Decision-Making Framework |
| Corporate Governance Principles | 25% | - Board and Senior Management Oversight - PRMIA Governance Principles - Risk Governance Structure - Transparency and Accountability |
PRMIA 8009 Exam: FAQ for Serious Candidates
PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition is an official PRMIA (Professional Risk Managers' International Association) exam, listed under exam code 8009. A passing result earns you the PRM™ (Professional Risk Manager) certification at the Professional level. It also ties into PRM™ Certification, extending its value across your certification roadmap. Employers read this credential as verified competence, which is why it keeps appearing in job requirements.
Expect 80–110 questions inside 120 minutes on the PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition exam. That pace punishes hesitation, so rehearse it: the ActualPDF software engine simulates the real exam scene, reminds you of the questions you got wrong, and pushes you to re-practice them until the clock stops being your enemy.
Passing PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition requires 60%, and the official registration fee is $275–$350 USD (member discount available). Retakes charge the full $275–$350 USD (member discount available) again, which is why experienced candidates treat preparation as the cheaper exam fee. Verify your readiness with repeated ActualPDF practice scores above the requirement before you commit to a date.
No mandatory prerequisites; recommended to complete PRM Exams I–III or have equivalent risk management experience; PRMIA membership required for certification
Requirements evolve, so confirm the current conditions before registering on the official exam page.
Registration for PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition goes through the official channels listed here.
When you schedule, note that the exam is delivered Computer-based testing (CBT) at Pearson VUE test centers or online proctored.
PRMIA (Professional Risk Managers' International Association) recommends the following training for PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition candidates.
Follow any course with the 112 practice questions in the ActualPDF 8009 package; the software engine will even remind you which mistakes need another round.
Yes. ActualPDF provides a free download demo of the PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition material, so you can check the content before choosing a version. After purchase, a one-year warranty covers you: the latest version is sent to you as it releases, free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your purchase is covered by a 100% money-back guarantee with clear conditions. Take the PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition exam within 60 days of purchase; if you fail, provide your unqualified result by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the full refund is processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are not covered. Alternatively, exchange for two other exam products of equal value, free, or wait for updates while keeping your original product's update service.
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The PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition syllabus spans 4 domains, led by Corporate Governance Principles (25%), Risk Management Case Studies (25%), and Risk Management Best Practices (20%). The complete topic list is published above; candidates who study the map first rarely get lost later.
PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition Sample Questions:
Question 1
The "normal" credit loss profile of Washington Mutual was increased by which of the following?
A. Acquisitions like Long Beach and Providian
B. Catastrophic losses in its own credit card division
C. By lowering its own credit underwriting standards
D. The general downturn in the economy of the US
Question 2
The Chair, Vice Chair, Secretary and Treasurer of the PRMIA Board of Directors are elected by:
A. All PRMIA Fellow Members
B. A two-thirds affirmative vote of all members
C. The Blue Ribbon Advisory Panel
D. The Regional Directors
Question 3
Barings failed to recognize that Nick Leeson's losses were increasing because:
A. Leeson hid his trades in a suspense account
B. Leeson ran the front office
C. The London office did not ask for any reports
D. The margin report sent to London did not show the true margin needs
Question 4
As a PRMIA member, you have certain responsibilities. Among these are the requirement(s) to:
A. Attend at least one PRMIA chapter meeting per year
B. Adhere to the PRMIA Standards of Best Practice, Conduct and Ethics
C. Vote in Board elections
D. All of the above
Question 5
National Australia Bank and Barings cases are similar in that:
A. The back offices had inadequate procedures
B. Both A and B
C. Losses kept increasing while rogue trader(s) hid their positions
D. None of the above
Solutions:
| Question 1 Answer: A | Question 2 Answer: D | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: B |
