According to the Risk and Insurance Management Society (RIMS), there are 14 Canadian universities offering CRM certification programs. These include Simon Fraser University, University of Northern British Columbia, University of Calgary, University of Alberta, University of Winnipeg, University of Toronto, McMaster University, Wilfred Laurier University, University of Western Ontario, Carleton University, McGill University, Laval University, Dalhousie University and Memorial University.
You are awarded the CRM designation when you've completed the three courses, as issued by the Global Risk Management Institute (GRMI), and recognized by RIMS and the Insurance Institute of Canada. According to the University of Toronto, you send your grades to GRMI along with a fee. GRMI awards you the certification upon receipt of your transcripts, verification of completion of a program and a fee. You must maintain membership with GRMI to remain certified.
A CRM course focuses on the risk management decision making process. This includes learning how to identify and analyze loss exposures and developing alternative techniques for treating each exposure. This part of your training places an emphasis on how to choose the best risk management alternative and techniques. Irrespective of the school, this course is a prerequisite for other courses.
Carleton University's Sprott School of Business states that this course covers the selection, implementation and monitoring of risk control techniques. You are trained to understand how to build a framework for risk control, decision making techniques, dealing with accident causes and costs, how to control personnel losses and generally how to implement a risk management program that will most effectively control risks.
According to RIMS, this course includes the selection, implementation and monitoring of risk financing techniques. A large part of risk management has to do with the ability to properly allocate resources to deal with unexpected losses. As such, the designation requires you learn about such things as insurance as a risk financing technique, how to finance property and risk allocation.