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ADVANCE YOUR CAREER IN FINANCE BY TAKING THE FRM COURSE

Global Association of risk professionals frm GARP logo - FRM COURSE DETAILS - RTCUBE.COM

INTRODUCTION

The Financial Risk Manager (FRM) course is an internationally recognized certification program for professionals in financial risk management. The FRM program is intended to give candidates in-depth knowledge of the various types of financial risks as well as the tools and procedures used to manage them. It’s a great certification if you want to build your career in core finance. The Global Association of Risk Professionals (GARP) offers the FRM program.

FRM COURSE DETAILS

Full-Form 

Financial Risk Manager

Website

https://www.garp.org/

Status, of Course,

It’s a Designation 

Age Limit

There’s no age limit

FRM Course Fees

2.5-3 Lakhs

Job Profile

  • Risk Quantification Manager
  • Credit Risk Analyst
  • Market Risk Analyst
  • Operational Risk Manager
  • Chief Risk Manager

FRM Salary in India

Highest Salary – 12-20 LPA

Average Salary – 6-10 LPA 

*Note there is no other authorized institute for FRM except GARP

FRM COURSE ELIGIBILITY CRITERIA

FRM courses can be pursuaded after the 12th grade, but it is usually advised in the second year of graduation. As the person develops more knowledge about finance and the risks involved.

FRM COURSE SYLLABUS

FRM PART I

SUBJECTS

  • Foundations of risk management
  • Quantitative analysis
  • Financial markets and products
  • Valuation and risk models.

PAPER PATTERN

There are 100 MCQs (Multiple Choice Questions) to be answered in 4 hours.

  • 20% Question from Foundations of Risk Management
  • 20% Question from Quantitative Analysis
  • 30% Question from Financial markets and products
  • 30% Question from Valuation and risk models.

FRM PART II

SUBJECTS

  • Market risk
  • Credit risk
  • operational risk and resiliency
  • Treasury and liquidity risk management
  • Risk management and investment management
  • current issues in financial markets 

PAPER PATTERN

There are 80 MCQs (Multiple Choice Questions) to be answered in 4 hours

  • 20% Question from Market risk
  • 20% Question from Credit risk
  • 20% Question from operational risk and resiliency
  • 15% Question from Treasury and liquidity risk management
  • 15% Question from Financial markets and products
  • 10% Question from Valuation and risk models.

FRM COURSE DURATION

The course typically lasts 1-2 years, however, this is determined by the individual’s study habits. Before proceeding to FRM level 2, the candidate must first pass FRM level 1. The qualification requires a minimum of two years of experience. It also depends on a variety of criteria, including the complexity and depth of information required to understand the material.

FRM EXAM

Part I and Part II of the FRM Exam take place three times a year in the months of May, August, and November.

  • Registration for the August attempt opens in the first week of March.
  •  and for the November attempt, registration opens in the first week of May. 

Remember The fees you have to pay are directly impacted by the FRM Course Registration.

PASS RATES

FRM course historical pass rates

NOVEMBER PASS RATE

FRM Course November pass rates

TOP FRM EMPLOYERS

CONCLUSION

The FRM Course is a continuous procedure that requires a thorough understanding of an organization’s finances and the risks involved. The FRM designation is difficult to obtain, but it can help you grow in your profession. You can advance to the position of CFO With the help of FRM certification. advance your career in core finance with the help of FRM Certification. 

FAQs ( Frequently Asked Questions )

Yes, you can pursue FRM Course after 12th.

It is around 2.5 Lakhs to 3 Lakhs 

Average FRM Salary in India is 6-10 LPA