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FAQ for RAI

LAST REVISED: July 16, 2024


SECTION 1 - GENERAL INFORMATION


How is the Exam structured?

The RAI Exam is a comprehensive assessment that covers the history of AI, AI/ML tools and techniques, AI risks and risk factors, principles of responsible and ethical AI, and data and AI model governance. The Exam consists of 80 equally weighted, multiple-choice questions. The majority of Exam questions stand alone; however, groups of 3-4 questions may draw on a common lead-in scenario. Candidates are allotted four (4) hours to complete the Exam. The Exam is administered as a proctored, in-person computer-based test (CBT) at Pearson VUE test centers worldwide.


What are the benefits of obtaining the RAI Certificate?

Passing the RAI Exam demonstrates you possess knowledge about AI tools and techniques and can assess and manage the risks associated with their use. The RAI Certificate positions you to support the implementation of safe, trustworthy, AI-driven business solutions while leading your organization in establishing an ethical AI culture that builds credibility among customers and the public in the organization’s use of AI solutions.


How quantitative is the Exam?

While the fields of AI and ML can be quantitative, the RAI program is designed to be accessible for a wide range of candidates with diverse backgrounds and training. Relevant concepts and techniques are presented in an easily understandable way. The level of mathematical difficulty is on par with an advanced undergraduate or introductory graduate level finance, statistics, or economics course at most universities.


Is coding or programming required for the RAI Exam?
No. There is no coding or programming required to successfully complete the RAI Program or Exam.

How much work experience in AI or ML do I need to sit for the Exam?

No work experience is required to sit for the Exam.


In what language can I take the Exam?

Currently, the RAI Exam is offered in American English only.


SECTION 2 - FEES & LOGISTICS


What will registration cost and what is included?

Initial registration for the RAI Certificate program includes access to the full curriculum in GARP Learning, the fee to sit for the Exam, a practice exam accessible via GARP Learning, and the issuance of the certificate for successful candidates. Please refer to the fee schedule here.


Can I register multiple employees or members of my team?

Yes. Contact us to explore how you can build capacity and elevate your organization's risk management by registering multiple employees or team members.


What are acceptable forms of payment?

Candidates can pay for their exam registration via:

  • Credit Card: GARP accepts MasterCard, Visa, Amex, and Discover.
  • ePay: GARP accepts Alipay.
  • Wire: All wire payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.
  • ACH: All ACH payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.

Where can I find a list of all available exam sites?

Please refer to this link for a comprehensive list of Pearson VUE exam sites.


How is the Exam administered?

The Exam will be administered as an in-person computer-based testing (CBT) Exam at Pearson VUE test sites worldwide.


What is the difference between registration and scheduling?

Registration is when you sign up for an Exam by entering your account details and paying the applicable exam fees for a specific exam window. After you register, you need to schedule your exam appointment. During scheduling, select the exact location, date, and time of your exam appointment. If you do not schedule your Exam after you register, you will not know when and where to attend the Exam.


Where can I read about important exam information, including when the next registration cycle opens and closes?

For complete information on exam dates, registration deadlines, scheduling, and more, please visit our Exam Logistics page.


When will the Exam be offered?

The Exam is offered in select windows throughout the year on a first-come, first-served basis. The exam windows are provided below:

Nov. 30 - Dec. 8, 2024
April 5-13, 2025
Oct. 4-12, 2025


Can I sit for the Exam multiple times?

GARP notifies candidates if they pass or do not pass the Exam. Candidates who don't pass their Exam, register and don't schedule their Exam, or schedule and don't take the Exam can pay a one-time retake fee of USD 350 during the next exam cycle only. After one cycle candidates must re-register for the program and pay all applicable fees.


Can I reschedule my Exam?

Depending on availability, candidates may reschedule their exam date (from among the dates included in the exam window they registered for) or change their in-person CBT exam site using the Pearson VUE scheduling website, until 48 hours before the start of the scheduled Exam.


When are exam results released?

Once an exam window closes, GARP scores Exams in a timely fashion. Candidates are notified when their results are available in their candidate portal.


If I am registered for the FRM Exam or SCR Exam, can I also register for the RAI Exam?

Yes, candidates can enroll in the RAI Certificate Program if they are currently registered for or plan to register for the FRM Program or SCR Program.


SECTION 3 - STUDY MATERIALS


How much time do I need to prepare to sit for the Exam?

Preparation time varies by candidate. GARP estimates an average preparation time of 100-130 hours.


Are study materials included in the price of the exam registration?

Yes. Registered candidates receive full access to the RAI curriculum, including end of chapter review questions and a practice exam on GARP Learning. Candidates will receive an email explaining how to access GARP Learning after registering. GARP also offers the RAI Study Guide and Learning Objectives document to assist candidates in successfully preparing for the RAI Exam. This study aid is available for free digital download on the GARP website.


Is there a book available for the RAI Program?
No. All required learning materials can be found in the digital GARP Learning platform. 

Should I create a study plan?

Yes. Due to the sizable amount of material covered in the Exam, GARP suggests following a weekly study schedule. Preparing for the Exam at the last minute is strongly discouraged.


What does the RAI Exam cover?

The RAI Exam will cover the following topics:

  • History and Overview of AI Concepts
  • AI Tools and Techniques
  • Risks and Risk Factors
  • Responsible and Ethical AI
  • Data and AI Model Governance
Module 6 content (Case Studies and Practitioner Perspectives) is optional and will NOT be tested.

How often is the study material changed?

GARP strives to maintain our program's best-in-class curriculum and associated study materials. In order to ensure relevance and accuracy, GARP reviews and revises the curriculum and study materials on a yearly basis.


SECTION 4 - EXAM DAY


What are the acceptable forms of identification?

Your identification must meet ALL of the following requirements:

  • Original (not a photocopy) and valid
  • Non-expired
  • Government-issued
  • Contains your current photograph
  • Contains your signature

Below is a list of possible acceptable forms of identification:

  • Passport
  • U.S. passport card
  • U.S. military ID
  • Government-issued driver’s license
  • U.S. Dept. of State driver’s license
  • National/state/country identification card
  • Alien registration card (green card, permanent resident visa)
  • Government-issued local language ID (plastic card with photo and signature)

The name associated with the registration must exactly match the name on your identification on exam day. This includes an exact match of the first name, last name, and any middle name or initial.

There are NO exceptions to GARP's Identification Policy. On exam day if you do not present an acceptable form of ID as listed above, you will not be allowed to sit for the Exam.

What if the name on my GARP Dashboard does not match that on my government-issued ID?

You must send an email to memberservices@garp.com to update your name to match your identification.


How should I prepare for exam day?
  • Candidates are expected to be familiar with the exam site location and arrive at least 30 minutes before the Exam is scheduled to begin
  • Be prepared to present proper identification

Please confirm the name on your GARP Dashboard matches the name on the government issued ID you plan to use on exam day.


Can I use a calculator on exam day?

The below pictured digital calculator is provided for you on the screen during the Exam.

Calculator 2 OK


Can I have my cellular phone with me in the exam room?

Candidates must leave their cellular phone outside of the exam room in the designated personal belonging area.


Can I bring personal belongings with me into the exam room or environment?

No personal items are allowed in the exam room or environment. Candidates may not bring or wear barrettes, hair clips, headbands, or hairbands. Removable jewelry is not permitted in the exam room. Candidates may not bring any books and/or notes into the exam room for use during the exam session, unless pre-authorized by GARP in advance.

Candidates must store all personal items in a secure area (a locker), as indicated by the proctor, or return personal items to their vehicle. If candidates refuse to store personal items, they will not be allowed to sit for the Exam, and they will lose their registration fee. All electronic devices must be turned off before storing them in a locker.


Can I take a break?

Candidates may not leave the exam room without proctor approval. If you need a restroom break, you must raise your hand, and wait to be acknowledged by a proctor. No additional time is given if you take a break.


SECTION 5 - AFTER THE EXAM


Is Continued Professional Development (CPD) required?

RAI Certificate holders are strongly encouraged to earn 10 credits of Continuing Professional Development (CDP) per year. After completing 10 credits in a yearly cycle, RAI Certificate holders may download a CPD Acknowledgement of Completion Certificate. While CPD is not mandatory, it is strongly encouraged.


Do I get a certificate of completion after I pass?

Yes, an electronic certificate of completion and a complimentary digital badge is granted to those who passed the Exam. 


How can the RAI Certificate be used by those who have completed the program?

As a recipient of the RAI Certificate, you can refer to yourself as a:

  • RAI Certificate Holder
  • RAI Holder
  • RAI Certificate recipient

Proper settings for usage include:

  • After your name in written correspondence and/or as part of your email signature
  • After your name on business cards, letterheads, and/or name plates
  • As an identifier in resumes, curriculum vitas, biographies, personal statements, and/or published articles

As it is not accurate given that GARP's only current designation/certification is the FRM Certification, do not refer to yourself as:

  • RAI-certified
  • RAI-Certified Professional
  • RAI designation recipient

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Ready to become a leader in AI risk?

Be one of the first professionals to earn the RAI Certificate. Sign up by October 31 for a November/December 2024 Exam.

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