Financial Risk Manager™ Level 1

The Financial Risk Manager (FRM®) Exam is the globally recognized standard for measuring the skills and knowledge of those who manage financial risk. A practice-oriented examination offered in two parts, questions are designed to relate theory to practical, real-world, problems. As such, candidates are expected to understand risk management concepts and approaches as they would apply to a risk manager?s day-to-day activities. The FRM Exam Part I focuses on the essential tools and concepts required to assess financial risk. Passing the FRM Exam Part I is the first step for an individual to become a Certified FRM.

Click here for FRM level II

Exam Details

Time Limit: 4 hours
Cost: Varies
Number of Questions: 100
Format: Multiple Choice
Prerequisites: None
Corequisites: None
Exam Date(s): May and November
Exam Results: Usually provided within 60 days
Official Exam Website: http://www.garp.org/frm/


Additional Exam Details

Part 1 curriculum covers the tools used to assess risk
Foundations of Risk Management (20%)
Quantitative Analysis (20%)
Financial Markets and Products (30%)
Valuation and Risk Models (30%)



Financial Professionals
  1. Personal Finance

    3 Key Steps To Take Before You Quit Your Job

  2. Professionals

    Are These the 10 Best Stocks in the World?

  3. Professionals

    Investors Beware! Don't Make These Dumb Mistakes

  4. Professionals

    Does that Budget Leave Room for Charitable Giving?

  5. Professionals

    How Advisors Can Help New Doctors Conquer Debt

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!