FRM ®

Financial Risk Manager 

Recognized in every major market, the FRM is the leading certification for risk managers. It is consistently in demand by nearly every major bank and firm in the world.


The Global Association of Risk Professionals™ (GARP®) established the FRM designation to identify and recognize risk professionals who are qualified to make informed decisions based on current, globally accepted industry standards.

Earn Your FRM Certification

Here is the list of requirements you need to meet:

1. Register to take the exam (anyone can register to take the exam)

1. Pass FRM Exam Part I

2. Register for Part II

3. Pass FRM Exam Part II

4. Demonstrate two years of relevant work experience


Candidates must take the FRM Exam Part I before taking Part II. If a candidate elects to take Part II on the same day as Part I, their Part II Exam will not be marked by GARP unless they first pass Part I.


Why Morgan Partnered With Kaplan Schweser  

 

Number one: 

The global leader and most trusted exam prep for financial designations


A 75+ years of history: 

Solid experience helping hundreds of thousands of students achieve their goals


Designed for success: 

The most effective, comprehensive study packages in the industry


User recommended: 

95% of Schweser FRM students would confidently recommend it


Safeguarding Your Success:

Fall back on PassProtection™, which guarantees you’ll pass, or we’ll cover the costs of your study package next time around


Experience Schweser’s course with a free trial or checkout free resources

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Partnership with Kaplan Schweser

we offer study materials specifically designed by FRM experts to maximize the efficiency and effectiveness of your review program.

Exam Overview

To earn the CPA credential, you need to pass all four sections of the Uniform CPA Examination. Find out more about each exam section and its key topics.

Exam Format

Computer-based and multiple-choice exams

Testing Windows & Locations 

1. Part I is offered solely in English, three times per year in May, July, and November, at over 100 exam sites around the world.

2. Part II is offered solely in English, twice a year in May and December, at over 100 exam sites around the world.

Note: the Part II exam in May 2021 will be given via pencil-and-paper. Beginning in December 2021, the Part II exam will be computer-based.

Questions

1. Part I consists of 100 multiple choice questions

2. Part II consists of 80 multiple choice questions

Topic Weights

Part I Curriculum

1. Quantitative Analysis - 20%

2. Foundations of Risk Management - 20%

3. Financial Markets and Products - 30%

4. Valuation and Risk Models - 30%

       

Part II Curriculum

1. Market Risk Measurement and Management - 20%

2. Credit Risk Measurement and Management - 20%

3. Operational Risk and Resiliency - 20%

4. Liquidity and Treasury Risk Measurement and Management - 15%

5. Risk Management and Investment Management - 15%

6. Current Issues in Financial Markets - 10% 

All Study Formats Are Available

Start your FRM prep journey with training courses and resources designed by experts to maximize the efficiency and effectiveness of your studies.

Discover available study formats and packages! 

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Live In-Person Classes

Your ultimate real-life classroom experience, combining benefits of instructor-led classes with interactive feedback, the Morgan Promise and support all the way.

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Live Online Courses

Designed for busy professionals in mind, this format is ideal if you cannot attend classes but need the structured schedule and support that a live class provides.

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Self-Study Packages

Prepare at your own pace and convenience with our industry-leading tools and resources.

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Standalone Resources

As you prep for exam day, you may be looking for extra opportunities to review the content and hone your test skills with proven study products.

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