Does anyone know how to prepare for the FRM exam

There is no restriction on the candidate's academic qualifications, and there is no restriction on the industry in which the FRM registration qualification is engaged, and college students in the school also meet the requirements of the FRM registration qualification.

English proficiency requirements for FRM enrolment.

The FRM registration qualification has certain requirements for the candidate's English proficiency, and generally only those who have passed CET-4 can meet the requirements of the FRM registration qualification. The FRM exam is not about grammar and other knowledge, as long as you can read the exam questions and textbook knowledge smoothly, it is important to master professional financial vocabulary and knowledge, and make a full knowledge reserve.

Mathematics requirements for FRM enrollment.

The exam mainly covers the content of probability and statistics. However, the specific requirements for mathematics for FRM registration qualifications are not high, so the requirements for mathematics for candidates for FRM registration qualifications are generally four difficult and not more than three. Therefore, candidates who mainly understand the use of tools can meet the requirements of FRM registration for mathematics.

FRM Exam Preparation Work: Get free preparation materials for the 2022 FRM (trial course + past past papers + exam syllabus, etc.).

1. Do your homework.

Candidates should focus on Finance, English and Mathematics before preparing to study for the FRM. In terms of finance, students should have a clear understanding of the basic knowledge of finance, learn financial English, and focus on mathematics to understand probability and statistics.

2. Introduction to FRM.

With a comprehensive understanding of FRM and a clear understanding of the key points of the FRM exam and the knowledge points to be mastered, candidates can listen to the precursor course of Gordon FRM. Doing these well will be of great help to the subsequent learning of FRM. Click here for more questions about FRM application and certification.

3. FRM began to prepare for the exam.

Start learning FRM knowledge. Familiarize yourself with the knowledge points by studying online classes or reading textbooks. Then, by doing FRM exercises, you will sort out what you have mastered. Prepare a notebook and write down the questions you don't know, the financial vocabulary that often appears, etc.

4. FRM preparation sprint.

This stage is actually to fill in the gaps. Candidates can sprint by flipping through their study notes or participating in the Gordon Pre-Exam Sprint Training Camp. Or.

By this stage, candidates have a deep understanding of FRM and can proceed with their own methods. Click here for a free consultation with FRM Masters.

According to your ability and time allocation, it is recommended that you have at least 2 months to prepare for the exam on the GARP, and if you have a non-business background or have been away from school for too long or have poor English reading skills, you must start preparing for the FRM exam early.

As a person who has come over, I have some CFA and FRM friends around me, I can tell you that the gold content and recognition of CFA is much higher, although FRM has been developed in China for a while, but many people in the financial industry have not actually heard of it, and it is really boring for you to explain it to them. And CFA is something that almost everyone has heard of.

As for the salary, you shouldn't have a job yet, I can tell you that certificates like CFA and FRM can only make you like a tiger, provided that you are a tiger, a certificate, no matter how bullish, gives you a progressive role.

On the premise that you have a certificate, the salary is about 3Q 5Q, and the better one is about 6Q, in fact, it is not much different from ordinary people, but with your own accumulation and promotion, its left and right will become bigger and bigger. How to put it, I can bet that the certificate can give you an advantage at the beginning, but it won't bring you much salary, and it will not be until a certain point that it will start to help you get promoted, bringing you more room for development and salary.

In addition, this industry attaches great importance to academic qualifications and certification, but in fact, it attaches more importance to individual ability. I hope that the landlord can improve himself, have good morality, and become a respected person in this industry.

As a person who has taken the exam, the FRM exam procedure is much simpler than CFA, but the difficulty is not low at all, and the real questions are difficult and weird, I hope the landlord will study hard.

I also hope that by saying this, I can think about those who want to rely on a certificate and can get a high salary in the beginning.

【Preparation for the FRM exam】

1. There are no restrictions on academic qualifications and industries, and university students can also apply for the examination;

2. Requirements for English proficiency: General college English level 6 is sufficient, and rich financial professional vocabulary is required;

3. Requirements for mathematics: lower than the difficulty of number three. The main reason is that there is a lot of content in probability and statistics. The calculus section is less covered.

The FRM exam began in 1997. By the end of 2009, more than 20,000 people worldwide had earned the FRM designation. The FRM exam has test centers in Beijing, Shanghai, Guangzhou, Chengdu, Wuhan, Hong Kong and Taiwan, and there are about 1,000 people in China (including Hong Kong and Taiwan) who have obtained the FRM certificate, which is an extremely scarce financial senior talent.

In a sense, finance is a discipline that studies how to optimize the allocation of assets from the two dimensions of time and risk. Therefore, "risk" plays a pivotal role as a core variable in the financial sector. Financial risk management technology has received unprecedented attention, and the FRM exam has developed rapidly, and has been recognized by Wall Street and many well-known financial institutions in Europe and the United States, risk management departments of large companies, as well as the most authoritative certification in the field of financial risk management in various countries.

The FRM exam is divided into level 1 and level 2 (part and part) Friends who are interested in financial risk management or are engaged in related work can improve their risk management knowledge level by taking the FRM exam, and can add a heavy bargaining chip for career development and career development.

1. Preliminary preparation: In order to successfully pass the exam, English and mathematics are two indispensable tools, and candidates who are weak in this area are advised to prepare more time to prepare for the exam to make up for the lack in this regard. Generally at least one month is added.

Choose one of handbook and notes to study at least once. It is necessary to have an overall understanding and grasp of the basic knowledge. This stage of study is generally recommended to be completed in 2-3 months.

Lack of logical order, it is difficult to read, but the coverage of knowledge points is relatively complete, and it is recommended to combine it with course handouts to help understanding.

3. Intensive review: At this stage, the focus should be on doing a wide range of questions. Focus on strengthening the understanding of the problem, grasp the idea of problem solving, and improve the speed of problem solving. This stage of study is generally recommended to be completed in 1-2 months.

a.Go through all the past papers on the handbook at least once, and if you have time, it's best to go through them again before the exam.

b.The practice exam published by the association should be completed at least once. It is best to practice in conjunction with the exam time, get a feel for the specific situation of the exam, and improve the speed of solving questions.

c.Students who have spare time can do the questions on the notes. The questions on the notes are more difficult, so it is recommended that students focus on grasping the knowledge points and do not pursue difficult problems too much.

Precautions: When doing the questions, focus on grasping the knowledge points examined by the questions, and avoid problems that will not be done if you change the question type.

4. Total review: When the exam is approaching, it is recommended that you first choose the handbook notes handouts and review them again and again, and strengthen the review for your weak points. In addition, the overall knowledge system can be further sorted out in combination with the publicity table.

The first stage of study is generally recommended to be completed in 1 month.