The FRM Course : GARP
The FRM Course is world no 1 in financial risk management. FRM Exam is conducted by GARP. iPlan Education is GARP Auth. Exam Prep Provider. Awarded 8 times since 2010.
What is FRM course
Lets understand why and how it is the best course in Financial risk management worldwide.
About FRM Course
The FRM designation is a professional certification administrated by the Global Association of Risk Professionals (GARP) Since 1997. The FRM designation is globally recognized as gold standard for risk managers.
It got popular after 2007-2008 financial crisis, every bank and financial institution seriously started implementing risk management system in the organization.
There are aprox. 70,000+ FRM Chartered worldwide working in risk manager profiles.
Exams are held in 100+ locations and cities worldwide including India.
Registration Eligibility
Normally, student from any academic background or stream can join the FRM course. Following are minimum eligibility criteria:
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FRM Exams
There are 2 parts of FRM Exam, FRM Part 1 and FRM Part 2 Exam. You need to pass both of them one by one.
FRM Part I : This builds strong foundation for financial risk management course and equips you with risk management tools.
It is conducted thrice an year in May, August and November.
FRM Part II : Here, you learn actual applications of tools you learnt in part I. Majorly in 3 domains – credit risk, market risk and operational risk.
Year 2020 onward liquidity risk and treasury risk management are also added, these are highly required in banking jobs. This is also twice an year in May/November.
Deferral Policy
Candidates must have a paid registration in order to switch exam months. This may be done once only for an aditional fee of USD 250. So, you can save $350 of re-exam fee.
The last day to switch your exam month is March 31 for May’s Exams, June 30 for the August Exam, and September 30 for November’s Exams.
FRM Exam Date & Fee
Computer Based Testing (CBT)
FRM Exam Date 2024
FRM Part I
May 11-17, 2024
August 9-10, 2024
November 9-15, 2024
FRM Part II
May 18-22, 2024
August 9-10, 2024
November 16-19, 2024
FRM Registration Dates:
-Nov 2024 Exam Early Registration Ends: 31st-July 2024
-Nov 2024 Exam Standard Registration Ends: 30-Sep-2024
Result Vie Email: Normally, after a month.
FRM Program one time registration fee is $400 + Exam Fee
Exam fee and last date to register is given below:
| Exam Fee | Early 31-July | Standard 30-Sept |
|---|---|---|
| FRM Part 1 | $600 | $800 |
| FRM Part 2 | $600 | $800 |
FRM Exam Pattern
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.
FRM Part I: This is an equally-weighted 100 question multiple-choice Exam offered in the morning session of the Exam day. Duration is 4 hours.
FRM Part II: This is also an equally weighted 80 question multiple-choice Exam, but offered in the afternoon of the Exam day. Same 4 hours are give to solve the question paper.
There is no negative marking in FRM course and both frm exam will be computer based testing (CBT) from 2021.
However, Last FRM Part 2 exam will be paper & pencil in May 2021.
You can appear both exam at once. However, if you fail in part I then your part ii paper will not be considered. So, it is advised that give paper one by one.
Main subjects remain same in last 8 years, only in 2020 a new subject Liquidity Risk is added. However, There are few chapter added or removed every year to update the curriculum as per industry needs.
~Pravin Khetan
FRM Course Curriculum
During one day exam questions from all subject are asked in the 4 hours paper. Following are frm course subject wise weightage:
| FRM Part 1 | Weightage |
|---|---|
| Quantitative Analysis | 20% |
| Foundation of Risk Management | 20% |
| Financial Markets and Production | 30% |
| Valuation and Risk Management | 30% |
| FRM Part 2 | Weightage |
|---|---|
| Market Risk | 20% |
| Credit Risk | 20% |
| Operational Risk | 20% |
| Risk and Investment Management | 15% |
| Liquidity and Treasury Risk | 15% |
| Current Issues in Financial Markets | 10% |
FRM Exam Locations
There are currently 100+ FRM exam locations worldwide.
FRM exam is conducted in 7 cities in India: Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi, Pune.
However, this is subject to change. Kindly check the center during FRM exam registration.
Why FRM Course
FRM Job Profiles
| Job Profiles | Ratio% |
|---|---|
| Credit Risk | Banks & NBFC Credit Rating Companies FinTech |
| Market Risk | Portfolio Management Hedge Funds Investment Banks Private Equity FinTech |
| Operational Risk | Any MNC with operational risk |
Top Companies Hiring after FRM Exam
- ICBC
- Edelweiss
- S&P
- Moody’s
- Fitch
- HSBC
- CitiGroup
- KPMG
- PWC
- Credit Suisse
- EY
- HDFC Bank
- ICICI Bank
- PNB
- SBI
- +200 more companies worldwide.
Few companies where our students are placed
It all happened because of 10 years of strong alumni relations
