FRM® course is a globally recognized professional certification for banking & finance professionals administered by Global Association of Risk Professionals (GARP, USA). Recognized in every major market, FRM® is the leading certification for risk managers. It is consistently in demand by nearly every major bank & financial firm in the world.
Duration: 6 months
Learning Mode: Faculty-led online
Eligibility: No minimum eligibility criteriaThe program is meant for all candidates seeking to appear for FRM Part 1 in May 2021, July 2021 or November 2021.
Financial Risk Management deals with quantifying & managing the risks associated with a firm, such as credit risk, market risk, operational risk, enterprise risk, investment risk, etc. Risk management is very important in all the sectors owing to the necessity of taking calculated risks in any business.
Career Launcher's FinSchool presents you with a golden opportunity to expand your knowledge & enhance your competence through our comprehensive range of modules. They will help you build an understanding about the vivid aspects of the prevailing financial scenario in risk management. It is a rigorous testing & certification program which introduces you to the basics of risk management including the functionality & technicalities of the financial domain.
| Subjects | Weightage |
|---|---|
| Foundation of Risk Management | 20% |
| Quantitative Analysis | 20% |
| Financial Markets and Products | 30% |
| Valuation and Risk Models | 30% |
Get mentored by our expert faculty with 100-120 hours live online classes.
Access to the video recordings of all topics which allow you to learn anytime, anywhere.
The test series containing topic-wise tests to revise the fundamentals & practice.
Clear any doubt from your teachers & fellow aspirants anytime with access to a dedicated Telegram group for each batch.
Practice 3 mock tests updated as per the latest exam pattern.
Receive personalized guidance, at every step of the way, from the finest CL Faculty.
There are more than 48,000 FRM®s around the world, employed by top financial institutions such as ICBC, Bank of China, HSBC, Citigroup, and PwC, etc.
The FRM® program has been independently evaluated & assessed to be equivalent to a Master's level degree program in multiple national educational frameworks.
Over the last 20 years, approximately 25,000 people from around the globe have registered for FRM® and taken the exam due to its global acceptability & relevance.
The FRM® curriculum is designed to reflect the latest skills used by currently practicing risk managers and it thus reflects an updated and industry relevant approach.
The FRM® program is overseen by an FRM® Committee and its curriculum is updated annually to reflect globally accepted risk management concepts.
FRM®s are highly valued in the world’s leading companies & banks. Certified FRM®s are currently employed in over 190 countries & territories worldwide.
We started this amazing journey in June 2018. In the initial stages, it was quite scary as we thought FRM® is meant for people who have already worked or are working in the finance industry. Being a 1st year student of BBA, I was very skeptical about FRM®. But Alok sir had faith in me. His guidance & confidence was the key to my success. Career Launcher’s course content was great. It made the study very easy.
Joining Career Launcher for preparation of FRM® Level-1 was totally worth it. Clearing the exam in first attempt would have been impossible if Alok sir wasn’t there to give constant support & guidance throughout the journey. From letting us introduce to FRM® & eventually clearing it, Career Launcher as an institute provided the most comfortable atmosphere any student wishes for. The provision of live classes & access to the recorded sessions made it so easy for me to stay in constant touch with my mentor. Thanks Alok sir & Career Launcher for this achievement.
It was an amazing experience of learning FRM® with Alok sir. His vast knowledge related to the subject helped me to clear each & every doubt. Thanks to Career Launcher for enabling me the access to online videos. I strongly recommend Career Launcher to the FRM® aspirants.
It's been a great experience. Alok sir used to gear us up whenever we felt low. He has in depth knowledge of FRM. The 5 hours class on Saturday was a complete package of fun & study. Overall I loved it.
My experience with Career Launcher & Alok sir was very good. I was helped at every stage whenever I faced some dilemma. He is a good mentor & motivator. His words always worked as a pill for motivation. Career Launcher has always supported us in every possible way. Alok sir helped me like a friend & guided the best path to success.
The career prospects for those who have conquered FRM® and have attained the charter are quite next level. Owing to the finance intense nature of this certification, it makes it easier for you to be employed in almost all major investment banks, management firms, government bodies and financial services institutions around the world.
FRM® certification opens various avenues like:
There are no minimum eligibility requirements for appearing in the FRM® exam.
A candidate demonstrates work experience by submitting a minimum of 4-5 sentences describing his/her professional role in the management of financial risk. The application to submit your work experience must be completed in “My Programs” within your account. The work experience submitted cannot be more than 10 years prior to having passed the FRM® Exam Part II. The designation is geared toward practitioners, academic teaching and research in areas relevant to financial risk management can be considered as relevant work experience. Experience completed during school will not be considered, including internships, part-time jobs, or student teaching. A candidate has 5 years to submit his/her work experience after they sat and passed the FRM® Exam Part II. If he/she does not, the candidate will have to re-enroll in the program and pay the required fees and retake the FRM® Exam Part I and FRM® Exam Part II.
Candidates cannot use the FRM® designation after their name in any manner until they have been certified.
No, the study materials are not included in the price of the registration. However, GARP has prepared several materials in order to assist you in successfully preparing for the FRM® Exams, including a number of materials that are offered free of charge. A list of all study materials offered by GARP include the following:
The FRM® Exam consists of two parts, Part I and Part II, which are both offered twice a year on the third Saturday of May and the third Saturday of November. Part I is an equally-weighted 100 question multiple-choice Exam offered in the morning of the Exam day, and Part II is an equally weighted 80 question multiple-choice Exam offered in the afternoon of the Exam day. Both Exams are administered in a paper and pencil format.
Part I and Part II each have a maximum allowable time for completion of four hours. It is important to note that Part I and Part II must be passed sequentially. Therefore, while it is possible to sit for both parts of the Exam on the same day, you must receive a passing score on Part I of the Exam before GARP will score your Part II Exam. Most candidates elect to take Part I and Part II on separate Exam administrations.
You should also be aware that the Exams are offered in English only; specifically American English. GARP is aware that not every candidate’s native language is American English. In the exam development process, GARP makes every effort to ensure that questions are written in a clear, concise form and avoids the use of colloquialisms or other terms and phrases that might confuse a non-native American English speaker.
Another consideration for potential candidates is the quantitative aspect of the subject matter. The level of mathematical difficulty of the Exam is consistent with an advanced undergraduate or introductory graduate level finance course at most universities. It should also be noted that while the FRM® Exam is conceptual in nature, you will still need to know important formulas and calculations and how to apply them correctly. Formula sheets are not provided with the Exam. For guidance on which formulas to focus on, please refer to the Learning Objectives and look for any statements that include the words ‘calculate,’ ‘compute’ or ‘derive.’ These words will generally indicate an associated formula to commit to memory.
Yes. GARP scholarships cover the cost of the Exam Registration Fee for the FRM® Exam Part I and ERP Exam Part I only. Scholarships are not available for the FRM® Exam Part II or the ERP Exam Part II. Scholarships are awarded based on merit, and the final decision is at the sole discretion of GARP.
GARP offers scholarships to currently enrolled full-time graduate-level students and university faculty members.
Scholarship applications must be received by GARP as original documents in order to be eligible for consideration for the FRM® or ERP Exams. The deadlines are as follows:
Another component of GARP's risk education offerings includes partnerships with various colleges and universities to craft programs that offer rigorous academic instruction aligned with the FRM® curriculum. Students who matriculate in such programs can be better prepared to succeed in the challenging field of risk management. More detailed information about GARP's academic partners and the programs they offer can be found on the GARP website.
Change your Exam site: Log in into your account and go to "My Programs" and click on the button to change your Exam site. Your must have a paid registration in order to change Exam sites.
Request a new Exam site: If you would like to request a new Exam site, please email us with your suggestions.
Note: The last day to change your Exam site is April 15 (for May Exam) or October 15 (for November Exam), respectively.