FRM Exam Info

The FRM exam leads to the Financial Risk Manager Certification a prestigious designation granted by Global Association of Risk Professionals GARP and it 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 Examination is a 5-hour, approximately 140 question multiple-choice examination. The examination is split into two sections in which each is 2.5 hours in length.

The exam tests a practitioner’s knowledge in:
1. Quantitative Analysis
2. Market Risk Measurement and Management
3. Credit Risk Measurement and Management
4. Operational, Integrated Risk & Legal, Accounting & Ethics
5. Risk Management and Investment Management

Questions are not presented by Category, e.g. Market Risk, Credit Risk. An FRM Candidate is expected to be able to address risk-related issues in a comprehensive way. Questions will be presented as if the candidate had to address and formulate a response to an issue in a real-world environment.

For more information on the examination and certification, registration procedure, fees and test center locations, visit GARP’s website. www.garp.com