What is the FRM Part 1 and 2?
Financial Risk Manager is referred to by the abbreviation FRM. Students like the FRM Part 1 and 2 course taught by Sanjay Saraf, which is approved by the Global Association of Risk Professionals (GARP).
Candidates who successfully complete the FRM Certification Program within the allotted period are recognised by GARP as Certified FRMs. It is a well-known emblem among risk managers.
Professionals that deal with risk, money, and investments must receive up-to-date knowledge on a global scale since the global financial business is developing quickly. The goal of FRM is to close this knowledge gap.
FRM Curriculum
The main subject areas covered by the FRM program
FRM Part 1 Subjects
|
Foundations of Risk Management |
20% |
|
Quantitative Analysis |
20% |
|
Financial Markets and Products |
30% |
|
Valuation and Risk Models |
30% |
FRM Part 2 Subjects
|
Market Risk Management |
20% |
|
Credit Risk Management |
20% |
|
Operational & Integrated Risk Management |
20% |
|
Liquidity and Treasury Risk Measurement and Management |
15% |
|
Risk Management and Investment Management |
15% |
|
Current Issues in Financial Markets |
10% |
FRM Exam Pattern
- FRM certification are now administered twice a year for Part 2 candidates and three times a year for FRM Part 1 applicants.
- Both exams may be taken on the same day. It is not suggested, though, considering the scope of the programme.
- A applicant has one year to pass both levels of the exam.
- The FRM Part 1 and 2 exam format is displayed in the table below.
|
Particulars |
FRM Part I |
FRM Part II |
|
No. of Questions |
100 MCQs |
100 MCQs |
|
Duration |
4 Hours |
4 Hours |
|
Timings |
Morning |
Afternoon |
Career Opportunities after FRM Certification
- Analyst of risk
- Officer for Operational Risk
- Risk Advisor
- Investment Manager
- Specialists in credit risk, etc.
Course Eligibility for FRM
There are no prerequisites for taking the FRM Certification Exam. The FRM Part 1 test is also open to graduate students who are in their first year of study. However, a few prerequisites must be satisfied in order to receive the FRM Certification:
- Within four years of submitting an application for the Part 1 test, you must have passed FRM Part 1 and 2 of the FRM Program.
- Within five years of passing the Part 2 test, you must have a minimum of two years of relevant job experience in the risk profile.
Where Should I Learn About the FRM Part 1 and 2 ?
For the FRM course that Sanjay Saraf and Karan Aggarwal are teaching, sign up at "Study At Home." Because they have a lot of teaching experience, they are in a great position to offer the most comprehensive finance training.