FRM Vs PRM
With different options available for certifications, participants have doubt whether to give FRM or PRM for risk management certifications. We keep getting a lot of queries on this aspect and thought that we would put our thoughts together on this.
First point to note that both GARP (which conduct FRM) and PRMIA (which conducts PRM) are very well respected and reputed global organizations and Pristine is an official course provider for both these certifications.
However there are certain aspects of the certification exam, which differentiate them. The certification you should give is more based on your geographic preference, flexibility in giving exam, job preference, focus on understanding and the kind of time schedules that you have in your job.

FRM Exam Level I and Level II
GARP has changed the pattern of the FRM Exam in 2009. The first change is that the exam would be conducted in two levels and the second change is that the exam would be conducted in month of May and Nov.
In 2009, there was an option to give either the Level I of the exam of the full exam. Atleast in the initial communication it appeared that one could give Level II only after passing Level I. That meant that if you appeared for Level I in May, then you can appear for Level II in November only. But there seems to be slight change in the final pattern of the exam.