Why should personnel take the FRM exam, and what is the use of passing the FRM exam

In addition, FRM talents have felt the power of knowledge in the process of preparing for the FRM exam, whether it is investment and financial management, or choosing a new job, considering risks has become a habit, the ability to avoid risks has been improved, and the ability to think actively has also been improved. Today, when the state has cancelled a batch of vocational certificates, there are only a handful of certificates that are "good-looking and easy to use".

People who are suitable for taking the FRM exam include college students, currently working financial practitioners, and those who want to improve their personal abilities. FRM is highly recognized both internationally and domestically, and learning the relevant knowledge of FRM is of great help to promote and raise salaries or improve personal capabilities.

What is the FRM exam?

FRM is the abbreviation of "Financial Risk Manager", which is the top authoritative international qualification certification in the field of financial risk management, and was established by the "Global Association of Risk Management Professionals" in the United States.

What are the subjects of the FRM exam?

FRM Level 1 exam subjects: "Fundamentals of Risk Management", "Quantitative Analysis", "Valuation and Risk Modeling" and "Financial Markets and Products" include a total of four subjects, and the exam question type is 100 multiple-choice questions; The subjects of the FRM Level 2 exam: "Market Risk Measurement and Management", "Credit Risk Measurement and Management", "Operational Risk and Flexibility", "Liquidity and Capital Risk Measurement and Management", "Risk Management and Investment Management" and "Current Financial Market Hot Issues" include a total of six subjects, and the exam question type is 80 multiple-choice questions.

Both the FRM Level 1 and FRM Level 2 exams are computer-based English exams.

Is the FRM exam hard?

The FRM exam is difficult, FRM is an international financial professional certification exam, the exam subjects are many, the exam is difficult, and the number of questions is relatively large, which is difficult to complete through self-study. The specific reasons why FRM is difficult to get into are as follows;

The difficulty of the entrance test of the Sakura blind stool.

The FRM test is characterized by all English, and there is basically no common sense English in life, it is all some financial English vocabulary, and it also involves the basic knowledge of probability and statistics, so whether there is a foundation in English or not, there is a certain degree of language difficulty.

2.The number of people who write the questions is large and not fixed.

There is no fixed questioner for FRM exam questions, and there is basically no scope for questions, and the key and difficult points and question types change greatly every year.

There is a long preparation period for the exam.

There are many subjects in the FRM exam, and the preparation time is relatively long, which is a challenge for candidates in terms of preparation time and psychological quality, requiring candidates to persevere, self-discipline, and insist on reviewing every day.

Anyone can apply for the FRM, and there are no requirements for education, experience, age, etc. To apply for an FRM certificate, you need to have two years of work experience in financial risk management. Get free preparation materials for the 2022 FRM (trial course + past papers + exam syllabus, etc.).

1. FRM application conditions:

anyone can register to take the exam.(stated on the official website of GARP).

The official statement of GARP clearly states that anyone can apply for the FRM exam, that is, the registration for the FRM exam is not limited by any academic qualifications, experience or age. Click here for more questions about FRM application and certification.

2. Application for FRM certificate.

FRM certificate application conditions:

1) Pass the FRM Level 1 exam;

2) After passing the FRM Level 1 exam, pass the FRM Level 2 exam within four years;

3) Two years of relevant work experience in financial risk management;

Vocational institutions that meet the requirements for applying for the certificate include: academic research institutions, asset management companies, economic and commercial banks, commercial banks, consulting companies, enterprises, energy industries, ** institutions, independent consultants, insurance companies, investment banks, investment commercial banks, law firms, media, professional institutions and associations, regulatory authorities, commercial retail banks, ** companies, software developers and technology.

Click here for a free consultation with FRM Masters.

Yes, everyone can apply for the exam. GARP's Regulations on FRM Registration Conditions: There are no prerequisites for registering for the FRM exam.

Understandably, there are no academic and professional requirements to register for the FRM exam. You can register for the exam as long as you want to. However, FRM is an all-English test, which may require you to have a certain foundation in English, have a certain English reading ability, master professional financial vocabulary, and pass English level 4, which is almost the same, but this is not a hard condition.

Extended Materials: a. Points to note when applying for FRM.

1.Without two years of relevant work experience, the FRM certificate will not be issued. Once the applicant has more than two years of work experience, he should be notified in writing that the FRM certificate will be mailed upon receipt of the written notice with proof of work experience.

2.If you provide false information about your work experience, you will be permanently disqualified from the exam.

3.If the exam room is full, candidates with less than two years of work experience will try to be accommodated in another exam room. If this is still not possible, a test seat will not be provided.

Two. Benefits of the FRM Exam::

1.Enhance expertise in the field of financial risk: FRM is a rigorous and challenging certificate exam.

In the process of preparing for the exam, you can improve your expertise in the financial field, understand the different types of risks, and learn about the wind management tools used to solve problems and reduce risk threats. At the same time, the FRM test will be tested and updated twice a year by professional risk managers, who will be able to update their knowledge about financial risks and market biases in management tools in a timely manner. Therefore, holding an FRM certificate will enhance expertise in the field of financial risk.

2.Add value to your career with the FRM exam: By earning an FRM certificate, you can demonstrate to employers that you have the ability to effectively measure and manage high-level risk, giving you a competitive edge in a growing market.

With this World Awareness certificate, you can build leadership relationships with employers. You can position yourself as a trusted risk management professional in front of employers.

3.Impacting the careers of financial risk management professionals: GARP has 20 years of experience in international financial risk management skills assessments.

Many FRM license holders say that FRM certificates have helped them a lot. Whether it's at work or in the process of communicating with customers, we can get off to a good start. FRM enjoys a high reputation in the industry.

It is the knowledge and core strength that the holder brings to the table, as well as the significant external influence on decisions related to significant investment risks.

Gordon believes that passing the FRM exam will give you the following benefits:

1. The FRM certificate has a high degree of international and domestic recognition of gold content.

The FRM certificate itself is very valuable, 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 advanced regulators and financial regulatory authorities in various countries.

It is also a more professional certification in the field of financial risk management; It is also a necessary condition for working in the risk management department of multinational institutions. Needless to say, there is also a high degree of recognition in China.

In recent years, the state has also strongly supported the policy, and Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu and other cities have incentives for FRM holders to settle down, cash subsidies and other incentives.

2. The FRM certificate has become a part of the elite group.

After obtaining the prestigious FRM certificate, you will become an elite in the field of global financial expertise. Participate in social groups and a community of FRM professionals to connect with people around the world.

Not only does this find pride in being part of an elite group, but it also provides the opportunity to share and gain knowledge from other professionals around the world.

3. The gold content of FRM certificate stands out.

Certificates are a good way to prove a person's professional competence, and FRM is no exception. In fact, FRM is one of the more popular financial risk management certificates, and its value will be even higher.