FRM course details : financial risk manager

FRM course details:If you want to get complete information about frm course, then through this post I will give you complete information about frm course, so read this post till the end

FRM Full form is financial risk manager

Financial Risk Managers have a specialization in managing various forms of risks and are mainly associated with banks, insurance companies,regulatory agencies, accounting firms, and also asset management firms.

The FRM certification is considered one of the best finance certifications in terms of return-of-investment (ROI) and it is known to lead to a considerable FRM salary and sought-after job positions.

The Students with keen intellect in statistics, mathematics, and management can take up financial risk management courses

A FRM certificate is provided by GARP or Global Association of Risk professionals

10+2/Graduation from any recognised institution

• You should only have passed 12th, graduation is not required here, after passing 12th you eligible for this examination by registering in GARP
• But if you do this course after graduation then it is more beneficial

After clearing both the parts of the FRM exam, the candidate must demonstrate a minimum of 2 years of work experience and this has tobe mentioned via an online applications

In The related experience may include industry research, academia,trading. portfolio management, auditing. risk technology or risk consulting

FRM exam costs different for both Part 1 and Part 2 The one time enrollment fee is USD 400 and registration fee for Part 1 is USD 550 and for Part 2 is USD475.

• Note:–Apart from this, another thing to note is that the fee structure keeps changing from year to year.

Maximum time The FRM course can be completed in between 1 to 2 years

FRM exams are now held 3 times a year for candidates opting for Part first , and twice a year for candidates opting for Part second. Registration begins around 4 to 5 Months prior to the exam month (May/Nov)

Exam part	Number of question	Types of question	Duration
Part- 1	100	Multiple choice questions (MCQ)	4 hours ( part 1 & part 2)
Part -2	80	MCQ

• Investment Banks
• Commercial Banks
• Central Banks of Countries
• insurance Companies
• Asset Management companies credit Rating Companies
• Consulting Firms
• Government and Regulatory Agencies

• Risk Analyst
• Risk manager
• Credit Risk Analyst
• Market Risk Analyst
• regulatory Risk Analyst

The salary of FRM is generaly in the range of 5 to 20 lacs per annum.

As your experience increase your salary will be increase. Salary totaly depends on the company in which you are working.

The average salary of FRM in India is between ₹9 lakh to ₹11 lakh

which varies according to the company the individual is associated with or working for. However, FRM graduates can try to increase their salary by doing internships in good companies as it will increase their experience.

The FRM Exam cover the following topics

• Foundations of Risk Management
• Quantitative Analysis
• Financial Markets and Products
• Valuation and Risk Models

• Market Risk Measurement and Management
• Credit Risk Measurement and Management
• Operational Risk and Resilience
• Liquidity and Treasury Risk Measurement and Management
• Risk Management and investment Management
• Current issues in Financial Markets

Industries Employing FRM Certified Professionals

Banking: With their vast financial portfolios and direct exposure to market volatilities,banks are on the frontline of financial risk. FRM help them design strategies to contract credit risk, operational risk, and market risk.

Insurance: the insurance industry also thrives on its ability to predict and manage risk. FRM certified professionals thoroughly assess the risks associated with various insurance policies, ensuring that the company always remains financially viable even while offering competitive products.

Asset Management: a Investment firms and hedge funds, tasked with maximizing returns for their investors, rely heavily on risk managers to analyze potential threats to their investment strategies.

Corporate Finance: the Large corporations, especially those dealing in international markets, hire FRM professionals to navigate risks related to currency fluctuations,interest rates, and geopolitical uncertainties.

Regulatory Bodies: the Regulatory authorities are increasingly hiring FRM professionals to ensure that the financial markets remain stable and safe from shocks.

If we talk about online classes for FRM, you will find many teachers on YouTube, you can study from there, first watch the lectures, study from the teachers you like, follow teachers for different subjects

Or you can take paid classes from the teachers you like.