FRM, a financial risk manager, has been deeply favored and valued by domestic candidates since he entered China. The number of applicants is increasing every year, and many professionals hope to improve their competitiveness in the workplace by applying for FRM. For domestic candidates, what fees will be involved in applying for FRM? Let's take a look.

First, FRM examination fee

The examination fee for FRM financial risk managers mainly consists of examination fee and registration fee. In terms of registration fee, only candidates who register for the first time are charged. Candidates who apply for FRM for the second time do not need to pay the registration fee. The registration fee is generally $400.

As for the FRM examination fee, the FRM examination fee is divided into two levels, the first level and the second level. The examination fees at all levels are the same, all in 350 yuan dollars. For candidates who apply for the exam for the first time, plus the registration fee, the FRM examination fee * * * needs to be paid 1 100 USD.

Second, FRM textbook costs

Regarding the textbook fee of FRM, the government does not require candidates to buy textbooks. Candidates can freely choose to buy teaching materials according to their own situation when applying for the exam. FRM textbook fee is not included in the examination fee, and candidates who purchase textbooks need to pay extra textbook fee. The officially published textbook fees are generally calculated in the form of "US$ 65,438 +025 +7% tariff+US$ 49 freight". Considering the relatively high cost of textbooks, candidates must think carefully.

Three. training course

It doesn't matter whether you buy FRM textbooks or not. For candidates, regardless of major or zero foundation, Deep Space Network recommends that you sign up for FRM courses and training courses, which will undoubtedly greatly improve your learning efficiency and make your learning direction clearer. Generally speaking, different training institutions will have different charging standards. Be sure to choose an authoritative, well-known and professional institution to register, so as not to affect the test results.

Fourth, time cost.

In addition to the cost, the time to study FRM has undoubtedly become the biggest cost for all candidates, because the FRM examination cycle is relatively long, and the sooner candidates pass the FRM Level 1 and Level 2 exams, the more helpful they will be. No matter how difficult you encounter in preparing for the exam, you should keep a coping attitude and stick to it until the end is the real victory!