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Fundamentals of risk management

M67 (25 CII credits – Diploma level)

The objective of this unit is to explore the principles of risk management and the role of insurance within these principles.


Download the 2020/21 syllabus (PDF)

Download the 2021/22 syllabus (PDF)

Download the 2020/21 exam guide (PDF)

Download the 2021/22 exam guide (PDF)


  • Coursework assignment with 10 compulsory short answer questions; and a 60 minute exam comprising 50 multiple-choice questions (MCQs)
  • 60% coursework nominal pass mark
  • 65% exam nominal pass mark
  • The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 91.7%

Recommended study hours: 100

This is a self-study course, including the relevant study text with updates.

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Enrolment - 2020-21 edition (study text applicable to exams sat 01 May 20 to 30 Apr 21)

Information Study text, assessment and exam entry

  • Non-members £530.00
  • Members £433.00