Overview

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Anyone can register to take the exam. ERP Certification is awarded after a candidate has successfully completed the ERP Exam Part I and Part II and demonstrated two years of relevant work experience. A mandatory Continuing Professional Development (CPD) program helps to ensure Certified ERPs remain up to date with industry developments, market trends, and best practices.

Path to
success

Register

Make sure you have your current passport or driver's license with you when you register. The name on your government issued identification must be exactly the same as on your exam registration. Once you have registered you can log into your GARP account to track your progress.

Prepare for the Exam

GARP offers a number of resources to help you prepare. Learn More

Pass ERP Exam Part I

Pass ERP Exam Part II

Demonstrate two years of relevant work experience

Maintain your GARP Individual Membership and participate in the CPD Program

ERP Exam Part I
and Part II

The ERP Exam Part I and Part II are pencil and paper multiple choice exams. They are offered solely in English, twice a year in May and November, at approximately 90 exam sites around the world. Please note that if a candidate elects to take Part II on the same day as Part I, their Part II Exam will not be graded by GARP unless they first pass Part I.

ERP Exam Part I – {{activeMaterialsExamInfo.ERP_I_Number_of_Questions__c}} Questions

The ERP Exam Part I evaluates practical, real-world knowledge about the operation of physical energy commodity markets, including the interconnection between production, processing, transport, storage, and distribution of crude oil, refined products, natural gas, LNG, coal, electricity, and renewable generation. The Part I Exam is always offered in the morning and must be completed in four hours or less.

ERP Exam Part II – {{activeMaterialsExamInfo.ERP_II_Number_of_Questions__c}} Questions

The ERP Exam Part II builds on concepts from the Part I Exam, emphasizing the understanding and application of energy derivatives and how they are applied to effectively mitigate risk. Core concepts such as energy price modeling techniques, and the assessment of market, credit, and operational risk associated with commercial operations are covered from a practical energy market perspective. The Part II Exam is always offered in the afternoon and must be completed in four hours or less.

Please note that if a candidate elects to take the Part II Exam on the same day as the Part I Exam, their Part II Exam will not be graded by GARP unless they first pass the Part I Exam.

Scoring and Results

There are no penalties for wrong answers. Passing scores are determined by the Energy Oversight Committee. Exam results are pass/fail and are emailed approximately six weeks after the exam. Candidates will receive quartile results comparing their performance to other candidates.

ERP Exam dates
and locations

The ERP Exam will be offered on May 16, 2020 and November 21, 2020 at more than 90 sites around the world.

Policies and
procedures on
exam day

To maintain and protect the integrity of the ERP program and ensure a fair exam process for all, there are a number of policies and procedures that candidates must comply with. Failure to comply may result in suspension or termination from the ERP Program. A full list of these is provided in our Exam Policies.

The ERP
Committee

One of the things that sets the ERP Program apart is its oversight and governance. The program is developed by the Energy Oversight Committee comprised of leading industry experts and senior energy market practitioners from around the world. The ERP curriculum is reviewed and revised annually by the Energy Oversight Committee, ensuring it remains aligned with current industry practices and the latest market trends.

View members of the Energy Oversight Committee.

Congratulations

GARP extends congratulations to all who passed the ERP Exam Part I or Part II in the most recent exam sitting. You have demonstrated the expertise and dedication required to successfully complete our robust program of study in energy risk management.