The Energy Risk Professional (ERP) certification is an international unique designation for energy professionals who are responsible for performing highly specialized tasks in energy companies, government agencies or in any financial institution with energy investments. ERP helps you improve your ability and skills in controlling risk in a real-world energy environment. In addition, it provides you with a full understanding of energy markets worldwide. It introduces you to essential topics such as operations of physical energy commodity markets, the assessment of market, credit, and operational risk and Energy price modeling techniques.
Global Association of Risk Professionals (GARP) is one of the leading associations specialized in risk management profession. It has around 100,000 members in 167 countries. GARP creates high-quality risk management programs recognized worldwide.
Due to the increasing demand for Energy Risk Professionals, obtaining ERP certification will bring you a number of golden work opportunities with international energy organizations, energy consulting companies, and governmental agencies.
To be able to earn this certification, you need to:
- Pass two-part exam
- Have two years of relevant work experience.
GARP provides several materials that help you prepare for the ERP Exams.
- ERP Exam Part I Books (in print or digital)
- ERP Exam Part II Books (in print or digital)
- Practice Exams
- Learning Objectives
- Study Guide
ERP Exam Details
|EXAM||PART I: the tools used to assess financial risk||PART II: the application of the tools acquired in PART I|
|Questions||80 Multiple choice questions||60 Multiple choice questions|
|Duration||four hours||four hours|
|Test Location||Check GARP website for more details|
|ERP Exam Part I||$ 400||$350||$475||$ 650|
|ERP Exam Part II||N/A||$350||$475||$650|
- Earn 40 hours of Continuing Professional Development (CPD) every 2 years to be updated in the Energy Risk profession.