Can you really get an annual salary of one million if you get an FRM certificate?

You're thinking too much. If you have a certificate, you can earn millions of dollars a year.

Then this certificate will definitely be taken by many people.

There are too many millionaires.

The real annual salary of FRM in China is: between 250,000 and 1 million.

In China, holding an FRM Financial Risk Manager certificate is popular. In recent years, the state has vigorously developed the policy of opening up the financial sector. With the opening up of the financial sector, the demand for financial talents from major enterprises across the country will continue to increase.

At present, job seekers do not recognize enough FM positions, and there is a lack of consistent professional talents, so it is a good opportunity for some non-human characters. For those who do not have strong connections, it is easier to get the opportunity to be promoted in a highly competitive business department with a FRM certificate.

With the development of the FRM financial risk manager exam in China, there are currently about 16,000 FRM certificate holders in China, although a large part of them are global FRM holders, but it still has a long way to go in meeting the needs of the financial market, some of the reasons are that the FRM exam is relatively more difficult and also takes some time to certify, so the FRM financial risk and risk manager certificate is not easy to obtain.

The pre-summer of the FRM financial risk manager certificate is visible, and the situation is also very good, because with the opening of the domestic financial market and the country's financial opening support policy, the demand for risk management talents in the entire financial market is growing, so for risk control personnel, the development prospects in the field of risk control are very good, and the FRM financial risk manager certificate is also a very authoritative certificate in the financial risk management industry, so the prospects for the FRM financial risk manager certificate are also very good.

Professionals with FRM qualifications often get paid better than their counterparts without certificates. What is the salary of an FRM charterholder? Let's find out.

FRM certified average salary by country.

The average salary of FRM certified personnel will be different in different places, enterprises, and positions, and the individual's education, ability and experience are also a major factor affecting the salary.

FRM holders mostly work in the investment, analysis, and industry industries, and the industry has a high starting point. In China, the average annual salary of FRM holders can reach more than 360,000 yuan. In the United States, the average salary for a FRM is between $50,000 and $125,000.

In the UK, the average salary for an FRM is between £35,265 and £57,200. In Singapore, the average salary of an FRM is between S$63,200 and S$111,841. (Information.)

Needless to say, FRM certification provides practitioners with the best career prospects, and the opportunities for development are enormous.

Popular Careers for FRM Professionals.

1.Finance Manager.

2.Risk Qualification Manager.

3.Enterprise Risk Manager.

4.Risk Management Analytical Consultant.

5.Regulatory Risk Analyst.

6.Operational Risk Analyst.

7.Credit risk management.

Top FRM employment industry.

Here are the top industries that employ FRM certified professionals:

Investment bank. Commercial bank.

National ** Bank.

Asset management companies.

Insurance company. Credit rating companies.

and regulatory bodies.

Consulting firms. Hedge**.

Professional services firms.

What kind of employer looks for FRM professionals.

FRM is more of a professional certification designed to help professionals develop an in-depth understanding of various forms of financial risk. Financial institutions and banks like financial institutions and banks have to deal with these forms of risk on a regular basis and need to hire people with specialized knowledge and skills, which makes FRM the preferred choice for risk management certificates. PricewaterhouseCoopers, Deloitte, Ernst & Young, and KPMG, which are more familiar to accountants, have also recruited FRM-certified talents.

FRM, or Financial Imitator Risk Manager, as an international exam, has attracted domestic and foreign candidates to apply for the exam in recent years. In addition to the gold content, many people are more concerned about the salary and employment prospects of FRM holders, so let's take a look.

What is the annual salary of an FRM holder?

The salary of FRM also varies from person to person. The salary is also determined by the risk manager's own strength, education, work experience, etc. According to the current situation in the industry market, especially in foreign countries, risk managers have always been a popular profession, for those who have just entered the industry, their annual salary can basically be more than 200,000 US dollars, and for some senior financial risk managers, their annual salary is more than 700,000 US dollars.

For FRM people who have just entered the industry, the annual salary is more than 100,000 yuan, but this annual salary figure is not fixed, and with the improvement of your work experience and work ability, your annual salary will also become higher.

Introduction to the career direction of FRM.

1. Investment banking.

Investment banking is not an ordinary commercial bank as the big fuss thinks, it is a special banking system, customers can invest money directly, and it is also a new financial industry to adapt to the economic development of the times.

2. Foreign-funded banks.

With the rapid development of the financial industry, most of the foreign-funded enterprises now choose to settle in some popular commercial areas in China, in order to attract more talents, some foreign banks have also increased a lot in terms of salary, and as FRM holders, they are ready or fully capable of holding relevant positions in foreign banks, and the main business is to be responsible for the management of assets and liabilities.

3. Commercial banks.

In addition to the above banks, FRM holders can also choose to work in domestic commercial banking institutions, such as personal financial business, asset business, operation business, finance and other work in commercial banks.

Is there a big difference between a financier who works in the financial industry and who holds an FRM certificate and does not have a certificate? What is the salary of a financier with an FRM certificate? How does it compare to its peers? Let's find out with Deep Space Network today.

1. The salary of a novice in the financial industry and a FRM certificate holder.

Those who have learned about FRM know that the application conditions and requirements for FRM are not very high, and candidates are not required to have a high degree of education, but at this time, as a novice in the financial industry, after getting the FRM certificate, how much can the starting salary get? My friend has a FRM certificate holder, who was a risk control assistant when he just graduated, but at the end of the year, with the year-end bonus, the salary can reach nearly 200,000 yuan, and after 3 years of working in the company, he jumped to another company to be a manager of risk control, and the salary can reach more than 300,000 yuan.

2. What is the annual salary of FRM holders?

The salary composition of FRM certificate holders is also multi-faceted, but also affected by regional restrictions and influences, and personal ability and the company's system is also related, generally holding FRM certificate holders prefer foreign banks, enterprise development, such holders, the annual salary is generally about 300,000, can take Zhixiang to high salary industry institutions are generally ** companies, insurance companies and commercial banks, FRM certificate holders annual salary of about 500,000.

3. Compare the holder with his peers.

According to incomplete statistics, the salary of FRM certificate holders can be more than 20% higher than that of financial people in the same industry without certificates.

When I think of the three words "high" in the international exam, it comes to mind, like the FRM certificate, some people say that it is difficult to test, how can it not be tested, it is so difficult, and some people say that the FRM certificate is useless after the test, there is no place to use it, is this true, is the FRM certificate really so bad? Not worth it? Hard?

Let's take a look.

1) Is the FRM certificate really so valuable?

Yes, it's really valuable, but everyone should make it clear that it's not the certificate that is valuable, it's the person who takes the certificate that is valuable, after all, the certificate proves that you have mastered this knowledge; There are tens of thousands of candidates who apply for the FRM exam every year, but so far, the number of domestic FRM certificate holders is less than 10,000, and the number of certificate holders is much less than the number of CPA certificate holders, but several major commercial banks in China, including many international employers, are more favored to have FRM certificate of financial people, after all, this certificate is also a stepping stone to the financial industry, and now the domestic talent is very scarce, many cities have given FRM holders a lot of preferential policies, If it weren't for the real level, would the "capitalists" not hesitate to spend a lot of money and good conditions to retain the talents of FRM? But it is still necessary to make it clear that people are valuable, not certificates.

2) Is the exam difficult?

In fact, everyone knows that the difficulty is relative to people, why some people find it difficult, and some people think it is not difficult, there is a reason for this, and candidates who generally find it difficult can not do these points.

1. Sufficient time for revision.

Temporary cramming, as long as you have passed the exam, spend a month, a month and a half, two months before the exam to prepare for the exam, this is the norm for many people, the process of learning is actually the process of seeing the person's self-discipline or not, many times, not reserving enough time, you can see that this person has a lot of problems.

2. Lack of self-discipline.

Time control is not good, there are always other things to do, there are always a lot of parties to attend, and there are many TV series to watch, ** to watch, this is all people are not self-disciplined, in fact, we can abandon a lot of unnecessary social activities, set aside time for ourselves, after all, our own things are our own, if you don't work hard when you are young, then, there is no need to work hard when you are old in the future, and your physical functions will not be able to keep up.

When recruiting talents, enterprises look at all aspects of talent's ability, including education, work experience, English proficiency, certificates, etc. So the FRM certificate is just one of them. The higher the salary, the more important the comprehensive level of talents.

If you want to make an annual salary of one million, you must make yourself a very good employee in all aspects according to the "short board effect" of the barrel. Get free preparation materials for the 2022 FRM (trial course + past papers + exam syllabus, etc.).

At present, China's major banks and foreign-funded banks are in urgent need of recruiting talents with such certificates. The annual salary is more than 30-500,000 yuan. At the same time, many banks' policy to become an FRM licensee is to add a salary level.

In addition to banks, salaries in other financial companies and companies will be better. Working in the investment, **, analysis, ** industries, according to statistics, the average income of FRM holders in the first 5 years is 10,000 US dollars; After that, with the accumulation of work experience and the improvement of ability, their salary will be higherClick here FRM Famous Teacher Free Consultation.

The specific income situation is still determined by ability, not that you only need FRM holders, money will fly into your pocket, FRM is just a guarantee for your career development.

Generally speaking, the treatment in first-tier cities is higher, with an annual salary of about 250,000-350,000 yuan, and the treatment in second- and third-tier cities is lower, with an annual salary of about 150,000-200,000 yuan.

FRM holders' domestic FRM salary: 250,000 to 1 million.

FRM holder foreign FRM salary: about 1 million.

FRM holder jobs are particularly easy to find.

Although the value of a financial risk manager is very high, obtaining this certificate does not mean that you are completely worry-free in your work.

According to the latest statistics, by the end of 2016, more than 30,000 financial professionals worldwide had earned the title of FRM. The talent gap in risk management will be difficult to fill for a long time to come. Since the supply is far from meeting the demand, and the scarcity is expensive, it is not difficult to understand the high salary of FRM people.

The market demand for FRM talents is indeed great, but famous enterprises prefer to get holders with certain work experience. Young people who have passed the exam have little practical experience, and they can only start from the bottom to hone their skills when they go to investment banks and enterprises, and after 3-5 years, they will become "fragrant buns" in the market.

FRM is the most authoritative qualification in the field of global risk management, and most of the holders have entered major banks around the world and are directly engaged in risk management.

The financial crisis in volatile financial markets has created more and more jobs in risk management. For example, Morgan Stanley, the number of risk management positions has doubled since '08. In China, there is a shortage of 300,000 FRM talents.

Because of the serious imbalance between the supply and demand of talents, China's internal and national policies have given extremely preferential treatment to risk managers.