FINANCIAL RISK MANAGER (FRM)
FRM® exam is conducted by Global Association of Risk Professionals (GARPTM), which is a leader in certifying Risk Professionals. Members come from over 100 countries, and work in a variety of regional and global financial professions. FRM® Certification is globally recognized and accepted benchmark for competency in financial risk management.
There is a clear need for change in Risk Management practices, as has been highlighted in the current financial crisis. GARPTM has updated its learning objectives significantly reflecting the relevant changes in its offerings.
Overview of FRM® exam
The exam is a two level, percentile based exam conducted in May and November. Any graduate or final year students are eligible to give the exam, though a minimum of two years experience in the area of financial risk management or another related field is required to get the certification.
Career Opportunities after Clearing FRM®
Financial risk management is one of the hottest skill sets to have in the financial services industry today that offers excellent visibility and outstanding earnings potential. The profession has seen considerable growth over the past 15 years fueled by the complexity of financial products, increased regulation and recent notable failures.
The increasing awareness about Enterprise Risk Management in Corporate & Financial Institutions and Basel Implementation in Banks has created ample job opportunities for Risk Management professionals. A certified FRM® have requirements with Investment Banks, Commercial Banks, Asset Management Firms, Insurance Companies, Securities Regulators, Hedge Funds, Universities, Large Corporations, Multinationals and Credit Rating Firms.
FRM® 2011 registrations are. All individuals interested in appearing for the FRM® Exam must register on-line on the GARPTM website (www.garp.org). The exam will be held in Nov 2011.
Registration Deadlines & Fees for Nov ‘11 FRM Exam – Level I & II can be found at http://www.garp.com/frmexam
How to prepare for the FRM® Exam?
FRM® Exam is an involved exam which is application oriented. It cannot be cleared by mere mugging of formulas or text. A reasonable estimate to prepare for the exam would be 200 hours. Depending on an individual's academic background and work experience, preparation for the exam would take approximately 3 months. GARPTM suggests that "FRM® Core Readings" and the Phillip Jorian Handbook should be referred for preparing for the Exam.
You will need more than just a set of notes/assigned reading in getting you passed. Pristine have designed an Exam-focused Classroom Training Program to speed up your exam preparation by covering the major topics in the training, which can reduce your exam preparation time from 200 hrs to 100hrs.
Why FRM® with Kredent Academy?
We provide Industry experts with specialized knowledge in each topic covered in the FRM exam, making the training experience practical and full of real life examples. This method of teaching clarifies concepts and provides students with a rooting in real business practices which is immensely helpful even after passing the exam.
What do Students Get for FRM® Preparation?
- Online tests (1500 questions with explanatory answers) + 2 Mock Tests
- IIT/IIM Faculty with significant experience in Risk Management providing individual attention to all participants for doubt clarification/problem solving
- Instant feedback on the performance through online quizzes and classroom Tests
- Practical teaching method using presentation, examples, case studies and excel spreadsheets.
- Career Counseling and placement support (we have tie-ups with some of the best finance & investment banking firms)
- 24x7 Online Access to
- Course material (Presentations, Explanations, Models, Notes)
- Forums to interact with faculty & fellow students across the country
- Duration : 3 months
- Classes : Weekends (Saturday & Sunday)