What is FRM? (Financial Risk Manager)

  • FRM Exam is conducted by Global Association of Risk Professionals (GARP) Board.
  • FRM course complies of two parts they are- FRM Part 1 and FRM Part 2.
  • The FRM course exams are conducted in the months of May and November.
  • Participant attempting both the parts separately would take 1 year to complete the course, participant attempting to attempt both the parts at a time would take 6 months to complete the course.
  • Eligibility criteria for Enrolling in FRM course is Graduation.

Benefits of (FRM)® designation

Globally Recognized Designation in Risk Management, Portfolio Management, Risk Analysis, Operational Risk Management, Investment Risk Management, Trading etc, for professional Excellence and Credibility.

Examination Pattern

  • FRM Part 1- 100 Multiple choice Questions on Concepts & Understanding
  • FRM Part 2- 80 Multiple Choice Questions on Measurement & Management.

Subjects Covered (FRM Part 1)

  • Foundations of Risk Management (20%)
  • Quantitative Methods (20%)
  • Financial Markets & Products (30%)
  • Valuation & Risk Models (30%)

Subjects Covered (FRM Part 2)

  • Risk Management & Investment Management (15%)
  • Credit Risk Measurement & Management (25%)
  • Market Risk Measurement & Management (25%)
  • Operations Risk Measurement & Management (25%)
  • Current Issues in Financial Markets (10%)

Who should write FRM ®

  • FRM Aspirants.
  • Credit analysts
  • Fund managers
  • Equity analysts
  • Investment bankers
  • Equity Researchers
  • Chartered Accountants
  • Engineer Graduates / Graduates from any stream
  • Persons aspiring to have knowledge and skill sets of a FRM to get into Risk Management or Portfolio Management Organizations.