• To earn the FRM Certification, you must complete the following steps:
• Successfully clear the FRM Exam Part I.
• Pass the FRM Exam Part II by the end of the fourth year after passing FRM Part I.
• Provide evidence of two years of full-time work experience in a relevant financial risk management role.

FRM Part I focuses on understanding of risk and financial risk. It covers: 

• Foundations of risk management concepts
• Quantitative analysis
• Financial markets and products
• Valuation and risk models

The FRM Exam Part II cover in-depth concepts of Market Risk, Credit Risk , Liquidity Risk , etc . It covers:  

• Market risk measurement and management
• Credit risk measurement and management
• Operational and integrated risk management
• Liquidity and treasury risk measurement and management
• Risk management and investment management
• Current issues in financial markets

Before enrolling in the FRM Program, no specific educational or professional prerequisites are required. You can register for the program without needing any specific qualifications or prior experience.

The amount of time required to prepare for the FRM (Financial Risk Manager) examination can vary significantly from person to person based on factors such as your background knowledge, experience, study habits, and familiarity with the material.

However, GARP (Global Association of Risk Professionals) recommends that candidates devote approximately 200-240 hours of study time for each part of the FRM Exam. This is a rough guideline and the actual time needed may vary.

Keep in mind that the FRM Exam covers a comprehensive range of topics related to financial risk management, including quantitative analysis, risk management foundations, risk modeling, market risk, credit risk, operational risk, and more. It’s important to allocate sufficient time for both reviewing the study materials and practicing with mock exams and practice questions to ensure a thorough understanding of the concepts and a successful exam outcome.

The FRM Exam incorporates a moderate level of quantitative content. The mathematical complexity of the exam is akin to that of an advanced undergraduate or an introductory graduate-level finance course commonly taught at universities. While the FRM Exam emphasizes conceptual understanding, candidates are expected to be familiar with essential formulas and calculations and should be capable of their accurate application. It’s important to note that formula sheets are not provided during the exam.

GARP (Global Association of Risk Professionals) aims to uphold a high-quality curriculum and the related study materials for their program. To ensure that the content remains current and precise, GARP conducts an annual review of the curriculum. Revisions and updates are implemented, and new study materials are typically made available on December 1st for the subsequent calendar year. This practice ensures that the FRM program’s content remains up-to-date and in line with the evolving field of financial risk management.

To postpone an upcoming FRM Exam to the next available session, follow these steps:

• Log in to your GARP account on the designated platform.
• Navigate to the “My Programs” section.
• Locate and select the “Exam Setup” button for the FRM Program.
• Please note that switching exam months requires a paid registration.
• You can change your exam date once for a fee of USD 250.
• The deadlines for switching your exam month are as follows:
  • For May’s Exams, the last day to switch is March 31.
  • For the August Exam, the last day to switch is June 30.
  • For November’s Exams, the last day to switch is September 30.
• Remember, you can defer your exam date within the specified periods and for a fee, but make sure to complete the process before the respective deadline for the desired exam session.
• This is information is as per the GARP current guideline, may change in future.

Opting for the FRM (Financial Risk Manager) certification can offer several compelling benefits for individuals interested in the field of financial risk management. Here are some reasons why you might consider pursuing the FRM designation:

• Career Advancement: The FRM certification is highly regarded in the financial industry and can enhance your career prospects. It demonstrates your expertise and commitment to risk management, making you a more attractive candidate for job opportunities and promotions.
• Global Recognition: The FRM designation is recognized worldwide, allowing you to stand out in the competitive global job market. It signifies your proficiency in risk management principles and practices, which can be valuable in both local and international job roles.
• Specialized Knowledge: The FRM curriculum covers a wide range of risk management topics, providing you with in-depth knowledge and skills in areas such as quantitative analysis, risk modeling, market risk, credit risk, and more. This specialized expertise can set you apart in roles that require a deep understanding of financial risk.
• Career Flexibility: The skills gained through the FRM program are applicable across various sectors of the financial industry, including banking, asset management, hedge funds, consulting, and regulatory agencies. This versatility enables you to explore different career paths within finance.
• Higher Earning Potential: FRM-certified professionals often command higher salaries due to their specialized knowledge and the added value they bring to organizations. The certification can lead to better compensation and financial rewards.

Ultimately, the decision to pursue the FRM certification depends on your career goals, interests, and aspirations within the financial industry. If you have a strong inclination toward risk management and want to excel in this specialized field, the FRM designation can be a valuable investment in your professional future.

• For Early registration : $600
• For standard Registration $800 

#Exclude the transaction cost.