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FRM exam

FRM Exam Guide: Syllabus, Eligibility, and Preparation Tips

The Financial Risk Manager (FRM) certification is a globally recognized qualification for professionals seeking expertise in risk management. Offered by the Global Association of Risk Professionals (GARP), the FRM exam is highly regarded in the finance industry, particularly in India, Dubai, USA, London, and Singapore. If you are aspiring to become an FRM-certified professional, this guide covers everything you need to know, including the FRM syllabus, FRM eligibility, and FRM exam preparation strategies.

For the best FRM coaching, we highly recommend Deepak Goyal Sir, one of the top mentors in CFA & FRM coaching with over 10 years of experience, offering training at RBei Classes.

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FRM Exam Eligibility

One of the most common questions is: Who is eligible for the FRM exam?

The good news is that GARP does not impose strict eligibility requirements for taking the FRM exam. However, to earn the FRM certification, candidates must:

  • Pass both Part 1 and Part 2 of the FRM exam.
  • Have at least two years of relevant work experience in risk management, finance, or related fields.
  • Submit the required work experience details to GARP within five years of passing FRM Part 2.

FRM Exam Syllabus

The FRM syllabus is divided into two parts:

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Deepak Goyal CFA & FRM

Founder & CEO of RBei Classes

  • 16,000+ Students Trained in CFA, FRM, Investment Banking & Financial Modelling
  • 95% Students Successfully Placed • 94.6% Pass Rate In Exam

FRM Part 1 Syllabus

The FRM Part 1 exam focuses on fundamental risk management concepts. It includes:

  1. Foundations of Risk Management (20%) – Risk types, risk governance, and Basel norms.
  2. Quantitative Analysis (20%) – Probability, statistics, regression analysis, and Monte Carlo simulation.
  3. Financial Markets & Products (30%) – Derivatives, bonds, futures, options, and swaps.
  4. Valuation & Risk Models (30%) – Value-at-Risk (VaR), stress testing, and risk modeling techniques.

FRM Part 2 Syllabus

The FRM Part 2 exam tests the application of risk management in real-world scenarios. It includes:

  1. Market Risk Measurement & Management (20%) – Interest rate risk, volatility models, and portfolio risk.
  2. Credit Risk Measurement & Management (20%) – Credit scoring models, counterparty risk, and credit derivatives.
  3. Operational Risk & Resilience (20%) – Risk frameworks, governance, and cyber risk.
  4. Liquidity & Treasury Risk (15%) – Funding liquidity, stress scenarios, and cash flow analysis.
  5. Risk Management & Investment Management (15%) – Portfolio construction, hedge funds, and asset allocation.
  6. Current Issues in Financial Markets (10%) – Emerging risks, regulatory changes, and case studies.

FRM Exam Preparation Tips

1. Join RBei Classes for Expert FRM Coaching

For the best FRM exam preparation, join RBei Classes, led by Deepak Goyal Sir, one of the best FRM mentors in India, Dubai, USA, and beyond. His structured approach ensures students master complex topics efficiently.

2. Follow a Structured Study Plan

  • Allocate 300-400 hours of study per FRM part.
  • Study 3-4 hours daily and revise regularly.
  • Focus on high-weightage topics first.

3. Use the Best FRM Study Material

The best FRM books for exam preparation include:

  • GARP FRM Official Books – Essential for concept clarity.
  • Schweser FRM Notes – Concise summaries and practice exams.
  • RBei FRM Study Material – Simplified notes by Deepak Goyal Sir, ideal for quick revisions.

4. Solve Mock Tests and Practice Questions

  • Attempt 3,000+ FRM practice questions before the exam.
  • Take at least 5-7 full-length FRM mock tests.
  • Analyze mistakes and improve weak areas.

5. Master Financial Risk Concepts with Real-World Applications

  • Understand practical risk management cases.
  • Follow global financial news and emerging risk trends.
  • Apply quantitative models to solve risk problems.

6. Focus on Time Management and Exam Strategy

  • Allocate 90 seconds per question in the exam.
  • Answer easier questions first, then tackle complex ones.
  • Revise formulas, risk models, and regulatory frameworks regularly.

7. Stay Consistent and Avoid Last-Minute Cramming

  • Maintain a balanced study-life routine.
  • Take short breaks to avoid burnout.
  • Keep revising key concepts every week.

Why Choose RBei Classes for FRM Coaching?

If you are looking for top FRM coaching, RBei Classes is the best choice. Here’s why:

  • Learn from Deepak Goyal Sir, one of the leading FRM mentors in India, Dubai, USA, London, and Singapore.
  • Access live and recorded FRM classes for flexible learning.
  • Get exam-focused study material and practice questions.
  • Solve thousands of FRM mock questions.
  • Benefit from personalized doubt-clearing sessions.

Final Thoughts: Crack the FRM Exam with Expert Guidance

The FRM exam is challenging, but with the right FRM syllabus coverage, structured preparation, and expert coaching, you can clear it successfully on the first attempt.

🔹 Key Takeaways:

  • Understand the FRM eligibility criteria and plan accordingly.
  • Follow a structured FRM study plan with high-quality study materials.
  • Take mock tests, solve thousands of practice questions, and focus on weak areas.
  • Join RBei Classes and learn from Deepak Goyal Sir, one of the best FRM mentors in India, Dubai, and the USA.

Are you preparing for the FRM exam? Share your doubts or study strategies in the comments below!

For expert FRM coaching, visit RBeiset.com today!

Deepak Goyal

Deepak Goyal CFA & FRM

Founder & CEO of RBei Classes

  • 16,000+ Students Trained in CFA, FRM, Investment Banking & Financial Modelling
  • 95% Students Successfully Placed • 94.6% Pass Rate In Exam

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