FRM®
The Financial Risk Manager (FRM) designation is the globally recognized standard for risk managers and practitioners around the world. The global FRM community is growing dramatically, with Certified FRMs represented at nearly every major banking institution, government regulator, consulting firm and financial services institution around the world. The FRM designation creates opportunities for a diverse set of candidates to accelerate their careers, no matter what their backgrounds.
FRM TOPICS & EXAM WEIGHTS
| Part I |
Weight |
| Quantitative Analysis |
20% |
| Foundations of Risk Management |
20% |
| Financial Markets and Products |
30% |
| Valuation and Risk Models |
30% |
| Part II |
Weight |
| Market Risk Measurement and Management |
25% |
| Credit Risk Measurement and Management |
25% |
| Operational and Integrated Risk Management |
25% |
| Risk Management and Investment Management |
15% |
| Current Issues in Financial Markets |
10% |
INSTRUCTORS
You will discover a new teaching methodology with FRI’s Certified Instructors that will make the hardest concepts easy to understand with a great amount of real life examples and exercises.
REQUIREMENTS
- There are no educational or professional prerequisites to register for the FRM Exam.
- You must pass Part I before Part II. You have to pass both Parts in less than 4 years.
- After passing both parts of the FRM Exam, a candidate must demonstrate a minimum of two years of professional full-time work experience in the area of financial risk management or another related field.
- The CPE Program requires 40 credit hours to be earned every two years. Although the FRM CPE Program is voluntary, Certified FRMs are encouraged to enroll in the program the year they are certified
EXAM DATES & REGISTRATION DEADLINES (www.garp.com)
*New Part I candidates should add the one-time 400$ enrollment fee to the below prices
May Exam |
| Early |
December 1 - Jan 31 |
$350 |
| Standard |
February 1 - Feb 28 |
$475 |
| Late |
March 1 - April 15 |
$650 |
| November Exam |
| Early |
May 1 - July 31 |
$350 |
| Standard |
August 1 - August 31 |
$475 |
| Late |
September 1 - October 15 |
$650 |
EXAM FORMAT
The FRM Exam is a pencil and paper multiple choice exam given in two parts. It is offered exclusively in English, twice a year in May and November.
Each part of the FRM Exam is four hours long. Part I consists of 100 multiple choice questions and Part II contains 80 multiple choice questions. Part I is offered in the morning session and Part II in the afternoon session of each Exam administration.
For more info or to register for the classes, please send us an email: info@financeriskinstitute.com.
The FRM® and Financial Risk Manager® marks are the property of the Global Association of Risk Professionals.