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ARM Study Tool

Associate in Risk Management — The Institutes

ARMEXAM PREP

ARM Exam Prep

Built for The Institutes' ARM (Associate in Risk Management) designation — the lifetime, no-renewal-required credential insurance and risk professionals earn across three courses: Mastering Risk Management Techniques, Managing Risk With Emerging Technology, and Implementing Risk Management Strategies. Grounded in COSO ERM, ISO 31000, and standard risk-financing concepts.

145
Questions in bank
3
Domains
3.3 hr
Full exam
70%
Benchmark
CODE EDITION USED THROUGHOUT THIS TOOL

Written against The Institutes ARM (2026 course update). The Institutes retired the original ARM 400/401/402 course material — students already enrolled have until September 15, 2026 to test on it. This prep is built on the CURRENT replacement courses (Mastering Risk Management Techniques, Managing Risk With Emerging Technology, Implementing Risk Management Strategies), verified live against the program page.

The 3 Required Courses

The real ARM designation is earned by passing three SEPARATE 50-question, 65-minute exams — one per course, over 6-9 months — not one combined sitting. Our full sim strings all three courses together (145 questions) so you can gauge overall readiness in one session; 70% here is a study benchmark, not an official pass mark (The Institutes does not publish one).

🎓 New: take the free ARM slide course — ARM 400, 401 and 402 assignment by assignment →
✦ What this exam pays
Technician-tier exam
Any attempt — pass or fail+4 SRP
Practice run at 80%++12 SRP
Full simulation at 80%++30 SRP
Perfect 100% — on top of the pass+16 SRP

Your first try on this exam adds a flat +25. Harder credentials pay more — the full ladder runs Foundation → Technician → Professional → Flagship.

ABOUT THIS EXAM · THE

Associate in Risk Management (ARM)

The Institutes' risk management designation for risk managers, insurance and EHS professionals: three courses (ARM 400 techniques, ARM 401 emerging technology, ARM 402 strategies) plus the free Ethics 311 module, each course with its own 50-question exam. The current curriculum launched in July 2026; the previous course materials had a last test date of September 15, 2026. No prerequisites and no renewal once earned.

Issuer
The Institutes
Cost
Varies by path
See note below
Renewal
None — lifetime
Format
One exam per course (ARM 400
How to register
One exam per course (ARM 400, 401, 402): 50 questions, 65 minutes, one attempt, no pause and no breaks. Taken virtually on a laptop or desktop with a webcam and microphone. No notes; a basic or business/financial calculator only. Passing score 70% or above, with a topic report 24–48 hours later. Four testing windows a year (Jan 15–Mar 15, Apr 15–Jun 15, Jul 15–Sep 15, Oct 15–Dec 15).. Register at The Institutes →
Cost note
The Institutes does not publish ARM course or exam prices on its course pages — see its site for current pricing. Published discounts: $80 off a virtual exam bought before its window opens, and 50% off exams for full-time students, teachers, insurance regulators and active-duty or reserve military. A retake in the same window is $80 off; moving an exam to another window costs $95. The required Ethics 311 module is free. Verified 2026-10.
Eligibility
No published prerequisites. ARM 400, 401 and 402 can be taken in any order; add the free Ethics 311 module to complete the designation. Typical completion: 6–9 months, about 4–6 weeks per course.
Renewal
None. The ARM designation does not expire. Course credits do: from July 1, 2026 a course credit must be applied to a designation within 10 years of the exam date (credits earned before that stay valid through July 1, 2036).. See the full renewal guide →
💬 Want help studying? Ask Clara — “How should I prepare for Associate in Risk Management?” — she has the issuer breakdown + can point you at the right wiki articles.