FRM Program

“More risk more return” is the golden rule of the finance industry. But how much risk to take? What is the best time to take that risk? Who determines all that? In today’s time with rapidly changing financial scenario, we have risk managers to do the needful.

Financial Risk Management (FRM), is a course that trains individuals to cope up with the challenges related to day to day risks of the financial world. The FRM challenges candidates to understand and apply a range of knowledge and skills necessary to function effectively as a risk manager. Its curriculum is updated annually by a group of distinguished risk professionals and leading academics with diverse backgrounds, ensuring that the designation meets the evolving demands of the financial industry.

To become a FRM:

1) Clear the 2 part exam conducted by GARP

2) Relevant experience in the finance industry for atleast 48months

FRM Exams

FRM EXAM PART I - A 100-question multiple choice exam, the FRM Exam Part I focuses on the tools used to assess financial risk: quantitative analysis, fundamental risk management concepts, financial markets and products, and valuation and risk models. Part I is always offered in the morning and must be completed in four hours or less. There are no penalties for wrong answers.

FRM EXAM PART II - The FRM Exam Part II is an 80-question multiple choice exam, emphasizing the application of the tools acquired in Part I: market, credit, operational and integrated risk management, investment management as well as current market issues. Part II is always offered in the afternoon and must be completed in four hours or less. There are no penalties for wrong answers.

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 unless they first pass Part I.