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FRM Course

FRM stands for Financial Risk Management, is a professional designation bestowed by the Global Association of Risk Professionals (GARP). It is the leading certification for risk managers. FRMs are constantly in demand by the world’s leading companies and banks. FRM certification showcase skill at identifying, analyzing, and mitigating risk at a high level. The course offers a network of expert risk professionals working at world’s leading financial institutions.

FRM Exam

The certification exam for financial risk management is held twice in a year by the council.To obtain the FRM certificate, a candidate needs to pass FRM Exam Part l and within 4 years of passing Part l exam, Part ll exam must be cleared. In addition to clearing the exams, 2 years of professional full-time financial risk management work experience is also required.

Every year, the exams are conducted in May and November. There are 100 multiple choice questions in Part l and 80 in Part llto be solved within 4 Hoursof exam duration.

FRM Syllabus

Syllabus for Part-l Exam (along with weightage):

  • Foundations of Risk Management (20%)
  • Quantitative Analysis (20%)
  • Financial Markets and Products (30%)
  • Valuation and Risk Models (30%)

Syllabus for Part-l Exam (along with weightage):

  • Market Risk Management (25%)
  • Credit Risk Management (25%)
  • Operational and Integrated Risk Management (25%)
  • Risk Management and Investment Risk Management (15%)
  • Current Issues in Financial Markets (10%)

FRM Fees

  • Enrolment Fees: USD 400
  • Early Registration Fees: USD 550
  • Standard Registration Fees: USD 750

FRM Exam Dates

Part 1 Dates

May and July Exams

Event 

Date 

Exam Dates

May 8–21, 2021 and   July 10–23, 2021


Early Registration Starts

December 1, 2020


Early Registration Ends

January 31, 2021


Standard Registration Starts

February 1, 2021

Standard Registration Ends

March 31, 2021


Scheduling Open

December 15 2020

Last day to schedule/reschedule exam, or select/change exam sites

April 8, 2021

November Exam

Event 

Date 

Exam Dates

November 13–26, 2021

Early Registration Starts

May 1 2021

Early Registration Ends

July 31, 2021

Standard Registration Starts

August 1, 2021

Standard Registration Ends

September 30, 2021

Scheduling Open

May 15 2021

Last day to schedule/reschedule exam, or select/change exam sites

October 20, 2021

Note: The exam dates and deadlines for 2021 are subject to change, due to uncertainties associated with COVID-19.