Introduction to FRM:
Financial Risk Manager FRM(Financial Risk Manager) is a kind of qualification certification in the field of global financial risk management, which is formulated by GARP. GARP is one of the largest financial association organizations in the world, with 48,000 FRM holders and more than 65,438+050,000 members from more than 65,438+090 countries, mainly serving more than 7,500 banks, securities companies, academic institutions, government management agencies, asset management agencies, insurance companies and non-financial companies. Click View → More FRM registration and certification questions.
Characteristics of FRM:
FRM is an international risk management certificate; Strong professional knowledge and focus on job-related fields; The entry threshold is relatively loose; The exam is difficult and the pass rate is medium; The examination course is short, and you can complete all two parts of the examination at one time; All-English test is an obstacle for non-native language candidates, and the test cost is high; The certificate has high gold content; High attention, but the current recognition is general and immature; Suitable for people with more than 2 years relevant work experience; The qualification certificate is universal.
FRM exam content:
The FRM exam is divided into two levels, in which the FRM Level 1 exam focuses on the basic theoretical knowledge of financial instruments, that is, the basic knowledge of spot market and its detailed definition, as well as the method of measuring risks, and the exam focuses more on the understanding of concepts than practicality; The content of FRM Level 2 exam emphasizes the related concepts of financial risk management application, and on the basis of FRM Level 1, it focuses more on testing candidates' application ability of financial instruments. The second-level examination is more case analysis and practice-oriented. Click here → free consultation with the author →FRM teacher.