FRM Certification is a globally recognized professional certification for banking and finance professionals by Global Association of Risk Professionals (GARP, USA) and the first step towards this is getting yourself registered for the FRM Exam. The exam is divided into two parts which must be taken consecutively. Registration can be done online at the GARP website.
The FRM Exams are offered twice in a year on the third Saturday in May and the third Saturday in November. If you are planning to give the FRM exam in 2016 then for registration, you must take mental notes of the important dates to avoid missing out on any of the opportunities.
Here are a few important dates pertaining to the FRM Exam:
|Important dates for FRM 2016|
|FRM Enrollment Fees||$300||Valid for 4 years||Valid for 4 years|
|Exam Fees||If you register between these dates|
|Exam Early Registeration||$350||Dec1, 2015 – January 31, 2016||1st May 2016 – 31st July 2016|
|Exam Standard Registration||$475||Feb 1, 2016 – Feb 28, 2016||1st Aug 2016 – 31st Aug 2016|
|Exam Late Registration||$650||March 1, 2016 – April 15, 2016||1st Sep 2016 – 15th Oct 2016|
Once you know the deadlines for registration, you can proceed further by getting yourself registered with the registration as per your convenience by following the below procedure:
1.Go to the FRM Exam registration page.
This is for GARP registration. Once you will fill all the details and click on the green button, a FRM account will be created for you on the GARP website. This registered email id and password will work as login credentials for your GARP Account.
2. Once you have moved to the next screen, the following page will appear:
As there is a lot of information asked on this page. We’ll help you to fill the information for each part:
i. Exam Information
In the ‘register for’ field, choose which exam you want to register for. You can register either for FRM part I or both FRM part I and II.
In the exam test site field, the various test centre cities across the globe are listed. You can choose from them, the centre of your preference from the drop down menu.
ii. Mailing Address:
You can give either your home or work address depending on your needs. Don’t enter the country code in the phone number field.
iii. Job Information:
In the company name field, you can either choose your company name from the drop down list or enter the name of the company. Similarly for Corporate title, choose your job title from drop down or enter it manually.
In the job function field, only the dropdown works. Choose the Job function closest to your job description or choose “other” if none in the field apply. Similarly for type of organization, choose the type that closely describes your company or choose “other” if none apply.
iv. How did you hear about us?
This field asks about how you get to know about FRM program. You can either scroll through them all or scroll down completely and choose “other”, depending on your patience level.
v. Privacy Policies
As said earlier, from the information you have provided on the first screen, an account for GARP would be created. In the privacy policies section you can choose if you would like to be contacted by GARP or its partners. Check the second box for this.
You can also choose if you would like to be contacted by GARP authorised training providers like EduPristine regarding their training packages. This would help you to look at some very good training providers at competitive prices. We would suggest you to choose this option. Check the first box for this.
Once you have checked the appropriate options. Click on the “continue onto payment button”.
On the payment screen, there’s an option for you to buy official FRM books for an additional $250. If you’d like to buy them, check the box beside the image of the books.
There are 4 methods to make the payment:
- Credit Card
- Credit card via FAX (Processing fee of $50)
- Pay with check (Processing fee of $50)
- Pay with wire transfer (Processing fee of $50)
If you choose credit card, the following screen appears:
Fill in your credit card details and choose “use different address below” to enter a billing address different from the mailing address. GARP also gives you an option for auto renewal for its membership, if you’d like to opt for it. Check the box.
If you choose any other option besides Credit card, you’ll be mailed the details of payment procedure on the email address you have shared.
After the registration, all you have to do is check the FRM syllabus . For preparing yourself you can either opt for self-study or get professional training from an institute of repute like EduPritine. We provide both online and classroom training which is taken by experts from the industry.