Financial Risk Manager - FRM
Definition of 'Financial Risk Manager - FRM'A financial designation, obtained through the Global Association of Risk Professionals (GARP) by achieving a passing score on the Financial Risk Manager (FRM) examination, having an active membership in GARP and by having two years of experience in financial risk management.The FRM program and exam, follows the major strategic disciplines of risk management: market risk, credit risk, operational risk and investment management. |
|
Investopedia explains 'Financial Risk Manager - FRM'Recognized in over 90 countries across the globe, the FRM designation, is designed to measure a financial risk manager's ability to manage risk in a global environment. The FRM exam is challenging, having a pass rate of only 44.35% in 2007. |
Related Definitions
Articles Of Interest
-
Designations No Retirement Planner Should Be Without
Advance your career and gain clientele by adding a few choice certifications. -
A Guide To Financial Designations
Find out which certifications can bring you the greatest career returns. -
An Introduction To Value at Risk (VAR)
Volatility is not the only way to measure risk. Learn about the "new science of risk management". -
How To Convert Value At Risk To Different Time Periods
Volatility is not the only way to measure risk. Learn about the "new science of risk management". -
Fiduciary Designations Enhance Planning Career
Attaining the AIF or AIFA could help both you and your clients enjoy a comfortable retirement. -
The Rise And Demise Of New Century Financial
A case study in how poor planning toppled a subprime mortgage giant. -
The Evolution Of Enterprise Risk Management
This growing sector can tell you a lot about the companies you are investing in. -
4 Traits Banks Look For In New Staff
Trust is the number one trait that banks are looking for in new hires, but there are other abilities that are equally desired. -
The Real Cost Of An MBA
When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it? -
A Day In The Life Of A Day Trader
Day trading has many advantages and, while we often hear about these perks, it's important to realize that day trading is hard work.
Free Annual Reports