The FRM designation is an international professional certification offered by GARP (Global Association of Risk Professionals). In order to get the FRM designation, first the candidates must pass the rigorous FRM examination offered in two parts. The examination covers the major topics in financial risk management. Once they have cleared the examination, they need to have a relevant work experience of 2 years at the least.
Knowing the exam format for FRM exam coupled with topic wise weightage for the FRM Syllabus will help you make your preparation more focussed and strategic. The FRM Exam format is almost the same for both FRM Part-1 and FRM Part-2. Both the parts are administered on the same day
FRM Exam Format:
|Exam type||Paper and Pencil based|
|No.of Questions||100 (FRM Part-1) and 80 (FRM Part-2)|
|Question Type||Multiple Choice Questions (MCQs)|
|Scoring||Weighted Scoring with no negative scoring.|
|Calculators||Permitted (but limited models)|
While the FRM Exam format is provided for the students’ reference. GARP doesn’t divulge the exam scoring details much. The information of whether you have passed an examination or not is sent to you by the GARP.
The calculator policy of GARP for the FRM examination has to be followed very strictly.
Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc
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