Average historical pass rate = 45%, Pass rate @Career Launcher = 92% - Enroll Now

What is Financial Risk Management?

Financial Risk Management deals with quantifying & managing the risks associated with a firm, such as credit risk, market risk, operational risk, enterprise risk, investment risk, etc. Risk management is very important in all the sectors owing to the necessity of taking calculated risks in any business.

Career Launcher's FinSchool presents you with a golden opportunity to expand your knowledge & enhance your competence through our comprehensive range of modules. They will help you build an understanding about the vivid aspects of the prevailing financial scenario in risk management. It is a rigorous testing & certification program which introduces you to the basics of risk management including the functionality & technicalities of the financial domain.

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Course Key Features


Live & Interactive Classes

Get mentored by our expert faculty with 100-120 hours live online classes.

Recordings

Access to the video recordings of all topics which allow you to learn anytime, anywhere.

Topic-wise Tests

The test series containing topic-wise tests to revise the fundamentals & practice.


Peer Learning

Clear any doubt from your teachers & fellow aspirants anytime with access to a dedicated Telegram group for each batch.

Mock Exams

Practice 3 mock tests updated as per the latest exam pattern.

Doubts Solving Session

Receive personalized guidance, at every step of the way, from the finest CL Faculty.

Why FRM®

The Global Standard

There are more than 48,000 FRM®s around the world, employed by top financial institutions such as ICBC, Bank of China, HSBC, Citigroup, and PwC, etc.

Equivalent Master's Degree

The FRM® program has been independently evaluated & assessed to be equivalent to a Master's level degree program in multiple national educational frameworks.

Globally Accepted & Experienced

Over the last 20 years, approximately 25,000 people from around the globe have registered for FRM® and taken the exam due to its global acceptability & relevance.

Practice Oriented

The FRM® curriculum is designed to reflect the latest skills used by currently practicing risk managers and it thus reflects an updated and industry relevant approach.

Continuously Updated

The FRM® program is overseen by an FRM® Committee and its curriculum is updated annually to reflect globally accepted risk management concepts.

Get Noticed by the Top Employers

FRM®s are highly valued in the world’s leading companies & banks. Certified FRM®s are currently employed in over 190 countries & territories worldwide.

Testimonials

Career Opportunities

The career prospects for those who have conquered FRM® and have attained the charter are quite next level. Owing to the finance intense nature of this certification, it makes it easier for you to be employed in almost all major investment banks, management firms, government bodies and financial services institutions around the world.
FRM® certification opens various avenues like:

  • Risk Manager
  • Risk Manager, Prudential Risk
  • Regulatory Risk Analyst
  • Enterprise Risk Manager
  • Operational Risk Analyst
  • Large Enterprise Commercial Risk Manager
  • Senior Operational Risk Manager
  • Corporate Risk Managing Director
  • Analytics Client Consultant
  • Risk Manager, Personal Banking
  • Market Risk Specialist
  • Credit Risk Specialist
  • Operational Risk Advisor
  • Risk Quantification Manager
  • Risk Management Analytics Consultant 

 

Eligibility

There are no minimum eligibility requirements for appearing in the FRM® exam.

  • If you have keen interest in finance, you may consider yourself eligible to appear for the FRM® exam soon after or during your studies i.e. Graduation or Post-graduation (BTech, MBA, Finance graduates, etc.)
  • Bankers, IT professionals, Analytics and Finance professionals with an interest in risk management can also appear for this exam.

Frequently Asked Questions

  • Pass the FRM® Exam Part I
  • Pass the FRM® Exam Part II within 4 years of passing Part I
  • Demonstrate 2 years of professional full-time financial risk management work experience

A candidate demonstrates work experience by submitting a minimum of 4-5 sentences describing his/her professional role in the management of financial risk. The application to submit your work experience must be completed in “My Programs” within your account. The work experience submitted cannot be more than 10 years prior to having passed the FRM® Exam Part II. The designation is geared toward practitioners, academic teaching and research in areas relevant to financial risk management can be considered as relevant work experience. Experience completed during school will not be considered, including internships, part-time jobs, or student teaching. A candidate has 5 years to submit his/her work experience after they sat and passed the FRM® Exam Part II. If he/she does not, the candidate will have to re-enroll in the program and pay the required fees and retake the FRM® Exam Part I and FRM® Exam Part II.

Candidates cannot use the FRM® designation after their name in any manner until they have been certified.

No, the study materials are not included in the price of the registration. However, GARP has prepared several materials in order to assist you in successfully preparing for the FRM® Exams, including a number of materials that are offered free of charge. A list of all study materials offered by GARP include the following:

  • FRM® Exam Part I Books (in print and/or digital)
  • FRM® Exam Part II Books (in print and/or digital)
  • Practice Exams
  • Learning Objectives
  • Study Guide
  • Changes to the Study Guide from the year prior
  • Candidate Guide
  • 15-Weekly Study Plan

 

The FRM® Exam consists of two parts, Part I and Part II, which are both offered twice a year on the third Saturday of May and the third Saturday of November. Part I is an equally-weighted 100 question multiple-choice Exam offered in the morning of the Exam day, and Part II is an equally weighted 80 question multiple-choice Exam offered in the afternoon of the Exam day. Both Exams are administered in a paper and pencil format.

Part I and Part II each have a maximum allowable time for completion of four hours. It is important to note that Part I and Part II must be passed sequentially. Therefore, while it is possible to sit for both parts of the Exam on the same day, you must receive a passing score on Part I of the Exam before GARP will score your Part II Exam. Most candidates elect to take Part I and Part II on separate Exam administrations.

You should also be aware that the Exams are offered in English only; specifically American English. GARP is aware that not every candidate’s native language is American English. In the exam development process, GARP makes every effort to ensure that questions are written in a clear, concise form and avoids the use of colloquialisms or other terms and phrases that might confuse a non-native American English speaker.

Another consideration for potential candidates is the quantitative aspect of the subject matter. The level of mathematical difficulty of the Exam is consistent with an advanced undergraduate or introductory graduate level finance course at most universities. It should also be noted that while the FRM® Exam is conceptual in nature, you will still need to know important formulas and calculations and how to apply them correctly. Formula sheets are not provided with the Exam. For guidance on which formulas to focus on, please refer to the Learning Objectives and look for any statements that include the words ‘calculate,’ ‘compute’ or ‘derive.’ These words will generally indicate an associated formula to commit to memory.

Yes. GARP scholarships cover the cost of the Exam Registration Fee for the FRM® Exam Part I and ERP Exam Part I only. Scholarships are not available for the FRM® Exam Part II or the ERP Exam Part II. Scholarships are awarded based on merit, and the final decision is at the sole discretion of GARP.

GARP offers scholarships to currently enrolled full-time graduate-level students and university faculty members.

Scholarship applications must be received by GARP as original documents in order to be eligible for consideration for the FRM® or ERP Exams. The deadlines are as follows:

  • May Administration - February 28, 2018
  • November Administration - August 31, 2018

Another component of GARP's risk education offerings includes partnerships with various colleges and universities to craft programs that offer rigorous academic instruction aligned with the FRM® curriculum. Students who matriculate in such programs can be better prepared to succeed in the challenging field of risk management. More detailed information about GARP's academic partners and the programs they offer can be found on the GARP website.

Change your Exam site: Log in into your account and go to "My Programs" and click on the button to change your Exam site. Your must have a paid registration in order to change Exam sites.

Request a new Exam site: If you would like to request a new Exam site, please email us with your suggestions.

Note: The last day to change your Exam site is April 15 (for May Exam) or October 15 (for November Exam), respectively.