About GARP®

About FRM®

Facts about FRM®

Top 10 global banks employing FRM®

Top 10 companies employing the most FRM®

Road-map to become Certified FRM®

Register for the FRM® Program online via GARP® website
Appear and Pass FRM® Exam Part I
Appear and Pass FRM® Exam Part II within 4 yrs of passing the FRM® Exam Part I
Demonstrate 2 years of related work experience within 5 yrs of passing the FRM® Exam Part II
Participating in GARP®’s Continuing Professional Development program (Optional)

Key Deadlines

Registration & Fee Deadlines New Candidates Returning Candidates
Early Registration
May Exam: 1st Dec. to 31st Jan.
Nov Exam: 1st May to 31st July
$750
Enrollment Fee: $400
Exam Fee: $350
$350
Enrollment Fee: $0
Exam Fee: $350
Standard Registration
May Exam: 1st Feb. to 29th Feb.
Nov Exam: 1st Aug. to 31st Aug.
$875
Enrollment Fee: $400
Exam Fee: $475
$475
Enrollment Fee: $0
Exam Fee: $475
Late Registration
May Exam: 1st March to 15th April
Nov Exam: 1st Sept. to 15th Oct. 
$1050
Enrollment Fee: $400
Exam Fee: $650
$650
Enrollment Fee: $0
Exam Fee: $650

 

Deferrals Deadlines May Exam November Exam
Deferrals Charges: US$ 150 15th April 15th Oct.

 

FRM® ExamFRM® Part IFRM® Part II
The FRM Exam has 2 parts which take a minimum of 6 months to clear.
Each part is conducted twice a year, in 3rd Saturday of May & November.
Offered in English only, at approximately 90 exam sites around the world.
Part I will have 100 mcq of 1 mark each to be answered in 4 hrs (8:00 AM to 12:00 PM).
Part II will have 80 mcq of 1 mark each to be answered in 4 hrs (2:00 PM to 6:00 PM).
There is no penalty of wrong answer (i.e. no negative marking).
Passing scores are determined by the FRM Committee.
Exam results pass/fail are emailed approximately six weeks after the exam.
GARP do not reveal score in the exam.
Candidates will receive quartile results comparing their performance to other candidates.

Wishing you good luck for your journey towards earning world’s most recognized and respectable FRM designation. FRM Part 1 will tests fundamental tools and techniques used in risk management and will covers the following topics:

Foundation of Risk Management (20% wt.)
Quantitative Analysis (20% wt.)
Financial Markets and Products (30% wt.)
Valuation and Risk Models (30% wt.)

Congratulations for clearing FRM Exam Part I. You have demonstrated a high level of knowledge and understanding of the subject. FRM Exam Part II is way tougher than the FRM Exam Part I due to high level of competition. The content requires much deeper understanding and its application in real world. The exam will likely to test broad and deep understanding of tools and techniques used in risk management and will covers the following topics:

Market Risk Measurement & Management (25% wt.)
Credit Risk Measurement & Management (25% wt.)
Operational & Integrated Risk Management (25% wt.)
Risk Management & Investment Management (15% wt.)
Current Issues (10% wt.)

Quick Links

To know more FRM® Program, click here
To register for FRM® Program, click here