![]() Evaluate client industry, markets, and competitors.The 120 scored examination questions will focus on the following seven topics: The exam has been designed to assess the knowledge of a commercial credit risk professional with a minimum of three years (five years recommended) of credit risk experience. The 120 scored, multiple-choice questions are from topic areas derived from the seven dimensions of the credit risk field as defined by RMA's Certification Steering Committee. A recertification fee of $100 every three years must be paid to keep the CRC designation.If you do not pass the exam the first time, you can re-take the exam - the fee for this is $250.Cancelling more than one week prior to the exam window opening entitles you to a full refund.The change fee to move your exam to the next exam window is $150. ![]() If you are a no-show to the exam, this fee is not refundable.$495 is due with your application for the initial exam.Be sure you are comfortable with all the material in the Body of Knowledge and glossary.Their allotted time and guidelines may be different from yours. Be mindful that other people will be taking tests other than the Credit Risk Certified examination.The examination is based on industry standards.Often, your first answer may be your best answer.Watch the remaining time clock provided on the computer screen.Don't go too fast read each question thoroughly.Mark difficult stand-alone questions for further review if time allows.Answer all the scenario questions in sequence.Answer easy stand-alone questions first.Before the test begins, write difficult-to-remember concepts on the white board provided.There is no penalty for incorrect answers. If you are not sure of an answer, make an educated guess.Remember that each question has only one correct answer.There will be no printed materials available during the exam. Before you begin the exam, be sure you know how to use the buttons for the glossary, calculator, and supporting exhibits.(The administrators will not answer specific questions about the exam however, they can answer questions regarding navigation through the exam, taking a break, etc.). Take the computer tutorial before the exam ask questions of the exam administrator before you begin.Know where the testing center is located.Plan for unexpected events along the route. Allow enough time to get to the testing center.Try to relax the night before the exam.Mark the areas where you have gaps, then do research and study to fill those gaps. Thoroughly understand all material in the Body of Knowledge.Take courses and/or review materials from previous training as identified by your feedback. Simulate the exam experience go through the CRC Sample Questions, which will familiarize you with the question styles.Create learning reinforcements, such as periodic glossary review and discussions with skilled colleagues. Develop a study plan that includes day of week, allocated hours, and study location.Learn more about RMA's courses or view our event calendar for upcoming courses.Ĭurious about the types of questions on the exam? Click here to view some sample questions. Although taking courses may help, on-the-job experience and knowledge will be necessary to add depth to the tools offered by RMA. RMA offers courses that are beneficial throughout your career or as a refresher to help prepare you for the CRC exam. To give you a preview of the Body of Knowledge, here are the abbreviated versions for the U.S. Your on-the-job experience and knowledge will be necessary to add depth to the Body of Knowledge material. Each area in the Body of Knowledge highlights key topics, additional skill-enhancing resources, and detailed topic-related content. It outlines the exam blueprint, including each of the seven topic areas. The Body of Knowledge contains the minimum material you should know to successfully pass the examination. The CRC Steering Committee recommends 40 to 80 hours of examination study time. RMA provides several tools and resources to help applicants prepare for the exam.
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