Stay ahead by continuously learning and advancing your career. Learn More

Operations Risk Management Module (Intermediate) Exam

Practice Exam
Take Free Test

Operations Risk Management Module (Intermediate) Exam


Each business navigates within both internal and external realms, each fraught with inherent risks that can impact operations. Operational risk management serves as a strategic approach, facilitating the assessment of risks, decision-making concerning risks, and the deployment of controls to either accept, mitigate, or avoid these risks, thus playing a crucial role in business operations.


Who should take the exam?

The Operations Risk Management Module (Intermediate) exam is designed for those having:

  • In-depth knowledge of operations risk management.
  • Skills to identify operations risk issues.
  • Ability to understand approaches to mitigate operations risk issues.

Some other specific audiences include:

  • Students pursuing careers in finance, risk management, or a related field. Finance professionals
  • Employees in the financial services sector
  • Anyone with an interest in the subject


Exam Course Outline 

The Operations Risk Management Module (Intermediate) Exam covers the given topics  - 

  • Topic 1: Overview of Operations Risk
  • Topic 2: Understand Trades in the Secondary Market
  • Topic 3: Learn about Clearing & Settlement of Trades
  • Topic 4: Learn about Workflow Design
  • Topic 5: Overview of BASEL
  • Topic 6: Understand Basel II: Operational Risk
  • Topic 7: Learn about Basel: Operational Risk Principles
  • Topic 8: Understand Basel: Audit

Operations Risk Management Module (Intermediate) Exam FAQs

There will only be multiple-choice and multi-response questions covered in the exam.

Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.

Every business operates in an internal and external environment which has embedded hazards for business operations referred to as inherent risks of doing business. Operational risk management is a methodology which helps in risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk which is highly integral to businesses.

The exam is available in English language only.

There are no prerequisites for Operations Risk Management Module (Intermediate) Practice Exam.

The fee structure for Operations Risk Management Module (Intermediate) Practice Exam is One Thousand Seven Hundred only (Rs. 1700- ).

The candidate has to score a minimum of 60% in order to pass the exam.

The exam consists of 75 questions which need to be completed in time duration of 120 minutes.

• Students • Finance Professionals • Employees with banks and financial services sector • Anybody having interest in this subject

To undergo the FLIP-NCFM Operations Risk Management certification, it is mandatory to complete the e-learning (training) of Finitiatives Learning India Pvt. Ltd. Step 1 : Register with FLIP Already registered? Step 2 : Purchase the Operations Risk Management module Step 3 : After completing the training pay NCFM the certification fee, and book the test date.

NCFM certification provides advantages and benefits to the individuals who want to pursue a career in finance. This will provide in depth knowledge in financial sectors and help you understand the concepts. This certification comes with different courses in the banking and finance which will provide abilities and skills. You learn about mutual funds and give you knowledge about the risk involved and provide you job security.

Yes testprep training offers free practice tests for the Operations Risk Management Module (Intermediate) Practice Exam which can be used before the final purchase for complete test.

The certificate will be valid for 5 years from the date of the examination.

NCFM provide knowledge to professionals working in the financial industry by providing training certification for various industry fields to provide an advantage in getting a job. Whereas NISM is launched by SEBI is opted by those investors who have an interest in gaining knowledge in finance market. With SEBI it provides quality to financial market.

Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.

TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.

There is a negative marking for every wrong answer and 25% of the marks will be deducted.

Once purchased, the practice exams can be access for the lifetime.

Yes our experts frequently blog about the tips and tricks for exam preparation.

After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.

Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the Operations Risk Management Module (Intermediate) Practice Exam cost.