Financial Risk Manager (FRM®)
The Financial Risk Manager (FRM
®) exam leads to the Financial Risk Manager Certification - a prestigious designation granted by Global Association of Risk Professionals (GARP) since 1997. GARP certifies Risk professionals, Practitioners & Regulators as eligible for independent risk management analysis and decision making for the benefit of the company and its investors. The FRM
® Certification has been adopted by companies as a benchmark to ensure their risk management employees are well versed in the latest financial risk concepts. The Certificate identifies risk professionals that are qualified to provide competent advice based on globally accepted industry standards and who are committed to personal professional development.
The FRM® Examinations
| Foundations of Risk Management |
10% |
| Quantitative Analysis |
10% |
| Financial Markets and Products |
15% |
| Valuation and Risk Models |
15% |
| Market Risk Measurement and Management |
10% |
| Credit Risk Measurement and Management |
10% |
| Operational and Integrated Risk Management |
10% |
| Risk Management and Investment Management |
10% |
| Current Issues in Financial Markets |
10% |
• The FRM
® Exam Full will have 140 multiple-choice questions.
• The morning and afternoon sessions will be 2.5 hours each with a 90 minute break in between. This is exactly the same as past FRM
® examinations.
• For more FRM
® examination information, visit
http://www.garp.com/frmexam/
Why FRM®
• It is the most prestigious global certification that measures a financial risk manager's capability
• In 2008 alone, there were over 3,000 organizations worldwide with FRM
® candidates, demonstrating the global acceptance and strong recognition.
• FRM
® 2008 candidates came from 36 different industry sectors, representing 168 of Fortune's Global 500 companies
• There are currently over 400 companies with 5 or more FRM
® registrants, and the number of companies has increased by 304% from 2003 to 2008
• Some of the firms with most FRM
® holders include HSBC, UBS, BOC, ING, Samsung, PricewaterhouseCoopers and etc.
• The FRM
® Certification has seen considerable growth over the past 15 years fueled by the complexity of financial products, increased regulation and recent notable failures
• Many financial institutions have adopted FRM
® as a pre-requisite for job applications
Pursuing The FRM® Charter
To gain the FRM
® charter, you would be required to:
• Pass the FRM
® examination
• Be actively involved in the Global Association of Risk Professionals (GARP) Membership
• Have a minimum of two years experience in the area of financial risk management or another related field including, but not limited to, trading, portfolio management, academic or industry research, economics, auditing, risk consulting, and/or risk technology
Who Should Pursue The FRM® Charter?
• Financial Risk Manager
• Corporate Treasurer
• Risk Analyst
• Portfolio Manager
• Fund Manager
• Legal & Compliance Professional
• Securities Dealing & Settlement Professional
• Financial Controller
• Risk Technology I.T. Developers
• Banking Internal / External Auditor
• Risk Consultants
• Financial Advisor
Topics To Be Covered In FRM® Programme
• Quantitative Analysis
• Foundations of Risk Management
• Financial Markets and Products
• Valuation & Risk Models
• Market Risk Measurement & Management
• Credit Risk Measurement & Management
• Operational & Integrated Risk Management
• Risk Management & Investment Management
• Current Issues & Financial Markets s