FRM® Exam Preparation

FRM® is the global standard for financial risk

Recognized in every major market, the FRM is the leading certification for risk managers. The assessment Examination is conducted once a year every November and is held all over the world by GARP (Global Association of Risk Professionals) at the same time. It is consistently in demand by nearly every major bank and firm in the world, and is awarded only to professionals who demonstrate the knowledge and ability to anticipate, respond, and adapt to critical risk issues.

Anyone can register to take the exam. Candidates must take the FRM Exam Part I before taking Part II. Both Part I and Part II of the exam are normally offered in May and November. However, in 2021, Part I will be offered in May, July, and November, and Part II will be offered in May and December. The exam is mutiple choice questions and offered via computer-based testing (CBT). Passing Rates: FRM Part I is 45%, and FRM Part II is 59%.

Certified FRMs are strongly encouraged to earn 40 hours of Continuing Professional Development (CPD) every two years to maintain the latest best practices in risk management.

To earn your FRM certification, you need to:

  • Take and pass the FRM exams (FRM Exam Part I and Part II).
  • Work full-time in a financial risk role for 2 years. this full-time work experience can be accrued before or after you pass your Exams.
  • Demonstrate your experience to GARP by describing your professional role in financial risk management and submitting it to GARP within 5 years of passing Part II.

 

The topics in FRM® Exam
Part I Part II
Topic Weight (%) Topic Weight (%)
Foundations of Risk Management 20% Market Risk 25%
Quantitative Analysis 20% Credit Risk 25%
Financial Markets and Products 30% Operational Risk 25%
Valuation and Risk Models 30% Risk Managemnet & Investment Management 15%
Current Issues in Financial Markets 10%
TOTAL 100% TOTAL  100%

*The FRM® exam Part I will last for 4 hours and consists of about 100 multiple-choice questions.

 FRM Exam Fees ⇒  FRM 2021 Exam Schedule ⇒
 Early Registration  USD 550

 FRM Exam Part I

 November 13-26, 2021

 Early Registration

 Register by July 31, 2021

 Standard Registration  USD 750

 Standard Registration

 Register by September 30, 2021

*There is one time enrollment fee (USD 400) for new candidate

More Information of FRM Exam fee and schedule

 

FRM® Study Packages by Kaplan Schweser

Essential Packages for the FRM® Part I Exam

Rp 4.500.000

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What's Included:

Core
Pass Guarantee

 

Premium Packages for the FRM® Part I Exam

Rp 8.000.000

*Save 5% for CFA Charterholder

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What's Included:

Instruction
Review
Pass Guarantee

Activity Feed

No more guessing what to study and when. Activity Feed is an interactive guide that simplifies your study plan by providing strategically placed weekly tasks. With our latest upgrades, you can now:

Two Checkpoint Exams with questions that mimic the difficulty and format of the actual FRM Exam.

InstructorLink

Ask questions and receive answers from a US/UK instructor at any time.

Apply your learning, gauge your progress, and build confidence with 2 full-length Online Practice Exams.

This compact study tool summarizes key formulas, definitions, and concepts.

A collection of online videos that will prepare you for your studies.

Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding

Build custom exams to quiz yourself on what you've learned.

Topic Quizzes are designed to identify your level of mastery and provide direction for any necessary remediation. Topic Quizzes can be taken online.

Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

Activity Feed

No more guessing what to study and when. Activity Feed is an interactive guide that simplifies your study plan by providing strategically placed weekly tasks. With our latest upgrades, you can now:

Two Checkpoint Exams with questions that mimic the difficulty and format of the actual FRM Exam.

InstructorLink

Ask questions and receive answers from a US/UK instructor at any time.

Apply your learning, gauge your progress, and build confidence with 2 full-length Online Practice Exams.

This compact study tool summarizes key formulas, definitions, and concepts.

A collection of online videos that will prepare you for your studies.

Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding

Build custom exams to quiz yourself on what you've learned.

Topic Quizzes are designed to identify your level of mastery and provide direction for any necessary remediation. Topic Quizzes can be taken online.

Attend class on your own schedule with 15 in-depth sessions covering every reading in the FRM Exam curriculum

Watch our review sessions on your schedule with 8+ hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies.

Take this compact book anywhere you go, printed or eBook, for a concise review of the FRM® curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day.

Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.