Is FRM useful, and where is the way out of FRM

Useful very good question.

The difficulty of the FRM exam is OK, it is recommended to choose a professional training institution to learn systematically, recommended to Jincheng Education, Jincheng Education has China's advanced teaching content development, professional technology and production team, has built a set of online schools, open classes, live broadcast, financial information, intelligent question bank, network SNS community, APP client and so on as one of the all-round platform. I still have questions and would like to know more about them

The difficulty of the FRM exam is mainly reflected in the pass rate and content of the exam

1. Look at the difficulty of the exam from the pass rate.

Judging from the passing rate of the FRM exam over the years, the pass rate of the FRM Level 1 exam is basically above 40% over the years, while the pass rate for the Level 2 exam is about 50%, and the overall pass rate is not high.

And there is no specific passing score for passing the FRM exam, it is calculated according to a certain proportion of the number of passers, which will further increase the difficulty of candidates to pass, and only those who answer more questions can pass.

2. Judging from the change trend of test questions at the content level of the test, the difficulty of passing.

The content of the FRM exam is basically a re-learning subject, which is more complicated and focuses on comprehension, and this is not an exam that can be passed by just doing questions!

If you want to know more about FRM, we recommend consulting Jincheng Education. With nearly 20 years of training experience in the financial industry, based on the classic "3+2" teaching model, combined with CFA and FRM intelligent learning platforms, Jincheng Education provides a full range of one-stop investment banking elite training for the majority of CFA &FRM candidates for the increasing difficulty of CFA and FRM exams.

The FRM test is useful for enhancing one's competitive advantage in the workplace, increasing one's ability, and being recognized by others. The gold content of FRM is very high, both international and domestic are very high, and FRM holders are particularly good at employment, and the salary level is also incomparable with ordinary people.

What does FRM qualify do?

1.Improve your competitiveness.

The more certificates, the more popular in today's competitive society, FRM certificate is one of the globally recognized certificates, many countries for FRM holders, not only give a good position, salary is higher than imagined. Many FRM holders stand out from the crowd when they apply.

2.Enhance your personal capabilities.

The FRM certificate can learn professional knowledge and improve English proficiency at the same time, so generally FRM holders are all-round talents.

3.Earn high salaries in return.

The demand for FRM, with the shortage of risk management talents in the industry has increased, many holders have made a qualitative leap in salary after obtaining the certificate.

Employment Prospects for FRM Qualifications.

Because the holder has mastered the most professional relevant knowledge, and is internationally recognized, so FRM holders are very sought-after both at home and abroad, especially in China, many cities in order to retain talents, the introduction of a lot of welfare policies to encourage the development of cherry blossom FRM licensees, especially in some first-tier cities not only jobs can be picked at will, but also will enjoy a lot of welfare policies.

What kind of jobs can I do after obtaining the FRM qualification?

FRM holders can be in commercial banks, joint-stock commercial banks, domestic branches of foreign banks, insurance companies, investment banks, brokers, and many other well-known enterprises. Specific job positions include: investment banking manager, asset and liability manager and assistant, financial planner, etc.

FRM is one of the required certificates in the financial industry in terms of gold content, and it is also an international certificate, so FRM holders are very popular, not only in China, but also in the world.

FRM is a financial risk manager, the content of the exam is mainly for risk management, the international certificate examination, is slowly developed from abroad, with the pace of our country slowly keeping up with the international, domestic financial companies also have a talent gap, the demand for financial risk managers is also increasing year by year, let's see if the development prospects of FRM are good? Can I get a job after taking the FRM? Let's take a look.

What are the prospects for FRM?

1. With economic globalization, China has gradually kept up with the pace of the world.

At this time, the financial business is not a relatively simple business, compared with the past, the previous business is a bicycle, a person can ride, but also in circles, but now the economic business transactions are frequent, the business volume is large, the customer requirements are high, the economic business is complicated, it may be necessary to change a ship, if there is no risk management control helmsman, then the possibility of capsizing will be much greater, at this time there is a need for a risk manager to control the direction, If the level of risk management does not keep up with the development of economic business, it may capsize.

2. Risk management is indispensable for business development.

When the company wants to develop other types of business across scale, especially when the business is more complex, it needs professional risk managers to control risks, and the faster the company develops, the better it is, the more such talents are needed, and the salary of risk managers will be appropriately increased.

3. There is a large shortage of professional talents.

In fact, because the development of the country was relatively slow, many people did not know that there were such talents, and they did not know that many large companies needed such talents, so the gap of senior professionals was particularly large, if there were still a few years of work experience, it would change the search for it, and it was also an opportunity for college graduates to enter the financial industry, which should be grasped well, but the current financial market has had some changes with the tradition, not just by staying up with seniority can be promoted and raised. Coupled with the addition of the Internet, there are still many financial companies that need some compound talents, and if Ranzhcha can still have some IT technology blessings under the condition of excellent financial expertise, it will be even more sought-after.

FRM Employment Situation.

10,000 frm job vacancies are waiting for you.

Due to the unique nature of the role of financial risk manager, which encompasses multiple industry sectors, any company with a small size will want to have a risk manager for itself. There are large job gaps in traditional industries such as common banks, first-class trading platforms, insurance and wealth management, and emerging first-class investment, asset management, and financial units. At present, there is a shortage of 300,000 financial risk managers in China, and this number is still increasing every year.

2.The international certificate is highly recognized, and the country is more familiar with it as a treasure.

FRM is an international certificate, which is one of the compulsory certificates in the financial industry. Nowadays, the position of domestic financial risk manager is frequently foreign teachers and internal hires, which shows that there is a shortage of FRM people not only in China, but also in the world.

3.The number of FRM applicants is growing by 38% every year.

For the first time since the start of the exam in 1997, the GARP exam was held in Beijing and Shanghai, China, with only 16 applicants. According to the data of Zeji Online School, the number of applicants worldwide was more than 20,000 in 2009, more than 30,000 in 2015, and more than 2,000 in Beijing in 16 years. Why everyone is so interested in this exam, you must know that there are still some conditions to obtain the FRM certificate.

It takes 2 years of relevant work experience, and it is difficult for some students who want to apply for FRM to become a member of the Global Financial Risk Manager Association and abide by its rules.