Use Coupon- FRMP23K to get Rs. 3000/- instant discount.
The FRM designation is a professional certification offered by the Global Association of Risk Professionals (GARP). The designation is viewed as the globally recognized gold standard for risk professionals. Since its inception in 1997, the FRM designation has rapidly grown in popularity, with enrollment in the program increasing year after year, and exploding in the years following the global financial crisis of 2008.
The improper handling of potential market and credit risks in the early part of the 21st century led to a huge demand for qualified risk professionals who were able to define a firm's risks clearly and accurately. Professionals holding the FRM designation are often viewed as some of the most qualified in the industry, which led to the enrollment boom.
In order to obtain the FRM designation, candidates are required to meet two key requirements:
The Financial Risk Manager (FRM®) Exam Part II is the second of two exams that comprise the FRM Program. The FRM Part II Exam, in addition to other requirements, must be passed in order for an individual to become a Certified FRM. The FRM Exam Part II focuses on the practical application of risk management tools covered in Part I to specific areas of risk management such as credit risk, market risk, and operational risk. In addition, the FRM Exam covers the application of risk management tools and techniques to the investment management process. Questions are designed to be practical and related to real-world work experiences and candidates are expected to understand risk management concepts and approaches as they would apply to a risk manager's day-to-day activities.
|Market Risk Measurement and Management|
|Credit Risk Measurement and Management|
|Operational and Integrated Risk Management|
|Risk Management in Investment Management|
|Current Issues in Financial Markets|
|Time Limit||4 hours (2pm to 6pm)|
|Number of Questions||100|
|Exam Date(s):||May and November|
|Exam Results:||Usually provided within 60 days|
|Official Exam Website:||http://www.garp.org/frm/|
Scoring & Results
There are no penalties for wrong answers. Passing scores are determined by the FRM Committee. Exam results are pass/fail and are emailed approximately six weeks after the exam. Candidates will receive quartile results comparing their performance to other candidates.
Please note that if a candidate elects to take Part II on the same day as Part I, their Part II Exam will not be marked by GARP unless they first pass Part I.