Global Association of Risk Professionals (GARP, USA) offers certification of FRM Program to all risk management Professionals. It’s a globally recognized professional certification. On successful completion of the exam, a candidate is offered an ‘FRM Charter’. There are over 26000 FRM charter holders around the globe.
FRM charter holder candidates work in number of industries that includes:
Investment banks
- Commercial banks
- Central banks
- Asset management firms
- Consulting firms
- Hedge funds
- Insurance firms
- Credit agencies
FRM Exam Details:
There are neither educational prerequisites nor professional prerequisites to take FRM exam. However, to become a certified FRM charter holder, candidate needs to follow FRM Program as outlined:
The FRM exam handbook is prepared in a way to meet the requirements of the candidates.
FRM Course Details:
FRM Part I
FRM Part II
- FRM exam is a pencil and paper, MCQ (Multiple Choice Question) exam.
- It’s held twice in a year in the month of May and November.
- The language is common for all; English.
- Candidate needs to pass FRM PART I exam in order to have Par II graded
- Both the exam FRM I and FRM II are four hours long.
- FRM Part I exam is held in the morning and FRM Part II in the afternoon.
- No Negative marking for incorrect answers
- Only GARP approved calculators are allowed to be used in the exam
- Exam Result is sent via Email approximately after 6 weeks of the exam
- Candidates are provided with quartile results which demonstrates how he/she has performed in specific areas in comparison to other candidates
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Related links you will like:
FRM Important Dates and Registration Process
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