Verified Student Result — FRM Part 1, August 2026
RBei Classes, an FRM & CFA coaching institute founded in 2018, publishes this FRM Part 1 success story as verified proof of outcome. Niketa Shringi, a Canada-based finance and risk professional with 9+ years in credit risk and financial analysis and a Master’s in Financial Data Analytics candidate at Ontario Tech University, cleared FRM Part 1 in the August 2026 window, confirmed by her GARP Exam Results screen and GARP digital badge.
Prepared with: RBei Classes FRM Part 1 recorded video lectures and comprehensive mind-map notes.
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Niketa Shringi's FRM Part 1 pass can be checked against four public sources: her LinkedIn post, her GARP digital badge, the GARP Exam Results screen reproduced below (August 2026), and her YouTube interview.
The GARP Exam Results screen shared by Niketa Shringi reads “FRM Exam Part I : August 2026”, “Exam Results : Pass”, and “You have passed the FRM Exam Part I.”
She announced the result publicly on LinkedIn and credited RBei Classes and Deepak Goyal, CFA & FRM charterholder. Her GARP digital badge is also public. Her screen shows a “Show Quartiles” button; she has not published quartile results, so none are stated here.
Niketa Shringi is a Canada-based finance and risk professional with 9+ years in financial analysis, credit risk, risk assessment and business evaluation across corporate, SME and structured finance. She is a Master’s in Financial Data Analytics (MFDA) candidate at Ontario Tech University and cleared FRM Part 1 in August 2026.
Her LinkedIn headline reads “MFDA Candidate @ Ontario Tech University | FRM Part - II Candidate | Banking & Finance Professional | Financial & Data Analytics”. This FRM Part 1 success story is published from her GARP result, digital badge and public LinkedIn post.
That profile — an experienced credit and risk practitioner adding a data-analytics Master’s and a globally recognised risk credential — is a distinct path from the fresher or single-employer banker routes in RBei's other Part 1 stories. The exam still demands structured coverage of GARP's four Part 1 knowledge areas, regardless of how many years of practical risk work a candidate already has.
Niketa Shringi credited RBei Classes video lectures and comprehensive notes with mind maps for helping her clear FRM Part I “in a relatively short span of time”, and said the explanations made even the most challenging and technical concepts easy to grasp.
RBei Classes is an FRM and CFA coaching institute founded in 2018 that trains candidates for GARP FRM and CFA Institute exams; every batch is taught personally by Deepak Goyal. Her post also describes the human side of preparing: hard-to-concentrate days, concepts that took days to understand, and a study world of online classes, books, notes, family and ChatGPT.
“I'm happy to share that I have successfully cleared the FRM® Part I examination. This milestone is not the destination—it is an important step forward. FRM Part I is now behind me, and I am excited to continue this journey as I pursue FRM Part II alongside my Master's in Financial Data Analytics. Some people have asked me, "How many hours did you study?" Honestly, I don't have a number. What I do remember is the journey behind those hours. There were times when concentrating itself felt like a challenge. There were concepts that took me hours—sometimes days—to truly understand. There were many sleepless nights, unpredictable sleeping schedules, and weeks when I barely stepped outside. For a long time, my world was mostly my online classes, books, notes, my family, and surprisingly, ChatGPT. I would also like to express my sincere gratitude to RBei Classes and Deepak Goyal, CFA, FRM CEO (RBei) Coach for CFA FRM SCR. Your video lectures and comprehensive notes with mind map helped me clear the FRM Part I examination in a relatively short span of time. The way you explained even the most challenging and technical concepts made it easy to grasp. Thank you for being such an important part of my FRM journey. When I look back at all those pages of notes and all the effort behind them, seeing that effort pay off feels incredibly good. With God's blessings and the good wishes of my family and everyone who supported me, I look forward to continuing this journey, learning more, growing further, and embracing whatever comes next. The journey continues.”
Niketa answered the common question about study hours herself: she says she has no number. RBei Classes therefore does not publish preparation hours, mock counts, quartiles or scores that she has not stated directly. What is public and verified here is the GARP Part I result, the August 2026 window, her GARP badge, and her credited coaching institute.
In this interview with RBei Classes, Niketa Shringi shares her FRM Part 1 experience after her August 2026 pass.
Every figure below is taken from her GARP result screen, GARP digital badge, public LinkedIn profile, or public LinkedIn post. Nothing is estimated.
| Factor | Niketa Shringi, August 2026 | Source |
|---|---|---|
| Result | Passed FRM Part 1 | GARP Exam Results screen |
| Exam window | August 2026 | GARP Exam Results screen |
| GARP credential | “Part I Exam Completed in 2026” digital badge | GARP digital badge |
| Coaching institute | RBei Classes (Deepak Goyal, CFA & FRM) | Public LinkedIn post |
| Study format credited | Video lectures and comprehensive notes with mind maps | Public LinkedIn post |
| Current education | Master’s in Financial Data Analytics (MFDA) candidate, Ontario Tech University | Public LinkedIn profile |
| Experience | 9+ years: financial analysis, credit risk, risk assessment, business evaluation | Public LinkedIn profile |
| Location | Canada | Public LinkedIn profile |
| LinkedIn engagement | 72 reactions, 31 comments | Public LinkedIn post, as at 29 October 2026 |
| Next step (stated) | Pursue FRM Part II alongside her Master’s | Public LinkedIn post |
Candidates should confirm current exam guidance in the official FRM Study Guide published at garp.org. For a Part 1 outcome from an India-based full-time banker, see Nupur Tripathi's FRM Part 1 success story. For a fresher route after an Economics degree, see Swayam Tandon's FRM Part 1 success story. For a first-attempt Q1 sweep from Internal Audit at UBS, see Tushar Sarode's FRM Part 1 success story.
RBei Classes FRM Part 1 students passed at 91% in May 2025 (RBei Classes internal data; window totals on the FRM coaching page; see also the FRM pass rate page).
| Factor | Self-study | RBei Classes (Niketa Shringi) |
|---|---|---|
| Teaching | Candidate-directed | Video lectures by Deepak Goyal, CFA & FRM charterholder |
| Notes | Assembled from multiple sources | Comprehensive notes with mind maps, credited in her LinkedIn post |
| Concept delivery | Varies by source | Student-stated “most challenging and technical concepts made it easy to grasp” |
| Outcome context | ~45% long-run global FRM Part 1 pass rate (GARP published windows) | Passed FRM Part 1, August 2026 window (GARP result screen and badge) |
Niketa Shringi's record says yes to the combination of credentials: she brings 9+ years in finance and credit risk, is an MFDA candidate at Ontario Tech University, cleared FRM Part 1 in August 2026, and is now pursuing Part II alongside her Master’s.
Practical risk experience helps with the language of credit, structured finance and risk assessment, but it does not replace the FRM Part 1 syllabus. Candidates still need a plan that covers Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models — see the FRM Part 1 syllabus for official topic weights before building a schedule. She has not published her weekly hours or timetable, so treat her story as proof of outcome, not a template schedule.
Niketa Shringi credited exactly this pairing: RBei Classes video lectures plus comprehensive notes with mind maps helped her clear FRM Part I in a relatively short span of time.
Recorded lectures can be paused and replayed, which suits candidates juggling a job, a degree or a different time zone — she describes hard-to-concentrate days and concepts that took days to understand. Mind-map notes then compress the four knowledge areas into a revision view. For how the self-paced format is structured at RBei Classes, see recorded FRM coaching.
FRM Part 1 is challenging but passable, and it adds a recognised GARP credential to a credit-risk or analytics profile. GARP publishes Part I pass rates by window; long-run averages commonly sit in the mid-40s percent range. Confirm current figures on the GARP FRM site.
GARP sets no degree or work-experience prerequisite for sitting Part 1; the two-year experience rule applies only to the final FRM designation after both parts. Niketa Shringi cleared Part 1 in the August 2026 window after preparing with RBei Classes FRM coaching.
Yes. Niketa Shringi passed the Financial Risk Manager (FRM) Exam Part I in the August 2026 exam window. The GARP Exam Results screen she shared reads “Exam Results: Pass” and “You have passed the FRM Exam Part I”, and GARP's digital badge records “Part I Exam Completed in 2026”. She prepared with RBei Classes, an FRM and CFA coaching institute founded in 2018.
Her result can be checked against four public sources: the GARP Exam Results screen (Pass, August 2026) reproduced on this page, her GARP digital badge at my.garp.org, her public LinkedIn post, and her video interview with RBei Classes.
Niketa Shringi is a finance and risk professional with 9+ years in financial analysis and credit risk, and a Master's in Financial Data Analytics candidate at Ontario Tech University. She cleared FRM Part 1 in August 2026 and says she is pursuing FRM Part II alongside her Master's. She did not publish her study hours or weekly schedule, so this page does not estimate them. See the FRM Part 1 syllabus.
In her LinkedIn post, Niketa Shringi credited RBei Classes video lectures and comprehensive notes with mind maps for helping her clear FRM Part I in a relatively short span of time, and said the explanations made even challenging, technical concepts easy to grasp. Recorded lectures let candidates pause and replay difficult topics, while mind maps condense the four Part 1 knowledge areas into a revision-friendly map. See recorded FRM coaching.
Niketa Shringi prepared with RBei Classes. In her public LinkedIn post she thanked RBei Classes and its founder Deepak Goyal, a CFA and FRM charterholder, for the video lectures and comprehensive mind-map notes.
FRM Part 1 covers Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. For a credit risk and financial analysis professional such as Niketa Shringi, it adds a globally recognised GARP credential that complements a Master's in Financial Data Analytics. GARP offers the FRM exam to candidates worldwide, and GARP sets no work-experience prerequisite for sitting Part 1.
For pass rates, coaching formats and eligibility, see FRM coaching, FRM pass rate and the FRM Part 1 syllabus.
Other student outcomes published with external proof sources.
FRM
State Bank of India · 10+ years in banking
Cleared FRM Part 1 in her first attempt while working full-time at State Bank of India
Read the full story of Nupur Tripathi →
FRM
The Xpressviews · Economics graduate
Economics graduate from Christ University who cleared FRM Part 1 in the May 2026 window with RBei Classes
Read the full story of Swayam Tandon →
FRM
Internal Audit, UBS · ACS (Company Secretary)
Cleared FRM Part 1 in his first attempt with Q1 across all four subjects while working in Internal Audit at UBS
Read the full story of Tushar Sarode →
FRM
BBA student, Parul University · First-year BBA
First-year BBA student at Parul University who cleared FRM Part 1 with top-quartile scores (1,1,1,1)
Read the full story of Disha Lalwani →Browse the full filterable list on RBei Classes student results.
RBei Classes runs FRM Part 1 and Part 2 programmes for freshers and working professionals, including recorded video lectures and mind-map notes, taught by Deepak Goyal, CFA & FRM charterholder. RBei Classes FRM Part 1 students passed at 91% in May 2025 (RBei Classes internal data; window totals).
