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FRM (Financial Risk Manager) Certification

1. What is FRM?

The Financial Risk Manager (FRM) certification, awarded by the Global Association of Risk Professionals (GARP), is the most recognized credential in risk management. It equips professionals with in-depth knowledge of market, credit, and operational risk, along with quantitative analysis and risk modeling.
FRM-certified professionals are highly sought after in banking, investment management, fintech, and corporate risk management roles.

2. Who Can Do It?

FRM is ideal for:
  • Finance professionals working in risk management, trading, and investment banking.
  • CFA, MBA, or accounting professionals looking to specialize in risk.
  • Graduates with a background in finance, economics, or mathematics.
    •  Working professionals seeking career advancement in risk-related roles. There are no formal eligibility requirements, but a strong quantitative background is beneficial.

    3. Levels/Parts

    The FRM certification consists of two parts:
  • FRM Part 1: Focuses on risk foundations, including quantitative analysis, financial markets, and risk models.
  • FRM Part 2: Covers advanced risk management topics like credit risk, operational risk, and current financial issues.

    • 4. Passing Rate

  • FRM Part 1: ~40-50%
  • FRM Part 2: ~50-60%
    • FRM is considered challenging, requiring strong conceptual understanding and problem-solving skills.

    5. Time Required

  • FRM Part 1: 4-6 months of preparation (~250 study hours).
  • FRM Part 2: 4-6 months of preparation (~250 study hours).
  • On average, candidates take 1-2 years to complete both parts.

    • 6. Career Scope

    With rising demand for risk professionals, FRM opens doors to:
  • Risk Management (Market, Credit, Operational)
  • Investment Banking & Hedge Funds
  • Fintech & Quantitative Finance
  • Compliance & Regulatory Roles
    • Top Employers: Goldman Sachs, JPMorgan, Citibank, Deloitte, PwC, BlackRock

    7. Fees/Investment

    Enrollment Fee: $400 (one-time, non-refundable)
  • FRM Part 1 Exam Fee: $600 – $1,000 (varies by registration window)
  • FRM Part 2 Exam Fee: $600 – $1,000
  • Total Investment: $1,600 – $2,400 (excluding study materials & training)

    • 8. Sources

    • Official GARP Website: www.garp.org
    • Recommended study providers: Schweser, Wiley, Bionic Turtle
    • FRM Forums: AnalystForum, Reddit FRM Group

    9. How We Can Help

    At EduInvest Academy, we provide:
    ✅ Comprehensive FRM Courses (Live & Recorded)
    ✅ Mock Tests & Question Banks
    ✅ Fast-Track Revision & Concept-Based Learning
    ✅ Mentorship & Exam Strategy Guidance
    📩 Interested? Contact us at

    support@eduinvest.in or WhatsApp at +91 70211 91510.