What are the judging criteria for the FRM Level 2 exam? How do I pass the FRM Level 2 exam?

What are the judging criteria for the FRM Level 2 exam? How do I pass the FRM Level 2 exam? It may not be very clear to candidates who are preparing for the FRM. Today, Rongyue will take you to learn more about it.

The following content is the situation of FRM teacher**, for the reference of candidates only:

There is no exact percentage for the FRM exam, it is the average of the number of questions answered correctly by people who take the top 5% or so of FRM exam scores; Then multiply by a percentage, maybe 60% or 70%, to get a number of questions, and the number of questions you answer correctly, more than that, you will pass.

For example, if you take 1,000 people and get them right on average, they get 90 questions right, and then multiply by 70% to get 63 questions. Then, if you answer 63 questions correctly, you will be counted. Therefore, whether the exam is passed or not depends on the difficulty of the exam and the strength of the candidate, and the candidate only needs to do his best to prepare for the exam.

The GARP Association specifically states that there is no penalty for answering the FRM exam questions incorrectly, and the passing score is determined by the FRM committee; The FRM exam results are emailed to candidates about six weeks after the exam is over anyway. So, you can wait and see.

A note on the FRM scoring criteria.

There are questions about how the quarter of the results obtained by FRM candidates compare to other candidates, and there are also the following**, there are a total of ten subjects in the FRM exam, and the GARP Association has divided each subject into four levels:

1 is excellent. 2 is good.

In descending order, the number obtained by the candidate is the ranking obtained by the candidate in the comparison of each subject in this exam.

As a simple example, there are 4 subjects in the FRM Level 1 exam. Therefore, the better result of the FRM Level 1 exam result should be 1111, and the FRM Level 2 exam has a total of 6 subjects, so the FRM Level 2 exam result, the better result should be 11111; Then the association also assigns different weights to each subject, and if you have a poor grasp of the key subjects in the exam, the exam result will naturally fail.

All in all, how many points you can pass the FRM exam depends on how the GARP Association stipulates, and the more FRM knowledge points you have, the higher the probability of passing. Although our candidates go to the exam well, check and fill in the gaps, and fully grasp the necessary knowledge points of the exam, it is difficult to think about it!

The high difficulty of the FRM exam results in a low pass rate. You must* study at least 200 hours to have a chance to pass all 1. Every candidate wants to be able to do it once*.

To this end, you can choose Rongyue FRM smart course, relying on the intelligent system, according to the student's learning time, learning progress to reasonably design a set of suitable learning plan, the learning plan will be broken down into each day's learning tasks, there is a supporting question bank, so that learning, practice, testing, evaluation as a whole, is also the current audience of the most types of courses.

I hope the above content will help you prepare for the exam, prepare in advance, and get a good score in the future!

What are the criteria for passing the FRM.

The difficulty of the FRM exam is mainly reflected in the pass rate and content of the exam. The pass rate of the FRM Level 1 exam is basically above 40%, while the Level 2 exam is about 50%, and the overall exam content is still relatively difficult. Get free preparation materials for the 2022 FRM (trial course + past papers + exam syllabus, etc.).

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! Click here for more questions about FRM application and certification.

FRM Exam Content:

The FRM exam is divided into two levels, of which the FRM Level 1 exam focuses on the basic theoretical knowledge of financial instruments, the basic knowledge of the instant market and its detailed definition, and the method of measuring risk, and the exam focuses more on the understanding of concepts rather than practicality; The content of the FRM Level 2 exam emphasizes the relevant concepts of financial risk management application, focusing more on testing candidates' ability to apply financial instruments on the basis of FRM Level 1, while the Level 2 exam is more about case analysis and practice-oriented. Click here for a free consultation with FRM Masters.

The FRM exam is still relatively easy for CFA Level 2. At the same time, the gold content of CFA is also much higher than that of FRM.

The FRM exam is divided into two levels, Level 1 and Level 2, in terms of difficulty, the FRM Level 2 exam is the most difficult, so what are the difficulties in the FRM Level 2 exam?

1. The types of FRM knowledge questions are constantly changing.

With the development of the industry, in order to keep up with the pace of the times, the FRM exam questions have to be changed, after all, FRM is an international exam, and the textbooks released in China cannot cover all the test content in time, which greatly increases the difficulty of the FRM exam.

2. The questions are related to the actual work.

Because the FRM exam is set up for professionals engaged in financial risk control, and the direction of the questions is also related to everyone's actual work, it is difficult to understand the meaning of the test center without a certain amount of workplace work experience, because most of the content of the FRM exam involves problems encountered in actual work, so the difficulty of the FRM exam is greatly improved.

FRM exam study advice.

1. Have a comprehensive understanding of the teaching materials first.

Because there are many subjects in the FRM exam, for those who are new to FRM, although they do not have enough time, it is not recommended to rush to do the questions blindly, and they should have a comprehensive understanding of the subjects from a macro perspective before preparing for the exam, and be familiar with the subject content of each chapter outline, so that they can study more smoothly. Only when you have a deep understanding of the test subjects can you achieve further achievements in doing the questions.

2. Schedule.

For working people, the biggest problem is the allocation of time, in order to make full use of the time, what do you need to do every day, what is missing the content of the code, etc., everyone needs to arrange it, it is recommended to try to do the questions in strict accordance with the specified time of the FRM exam, grasp the speed of doing the questions, and find out the corresponding skills, which greatly improves their learning efficiency.

There is no exact percentage for the FRM exam, but it is the average of the number of questions answered correctly by the top 1% or so of people who score higher on the FRM exam. Then multiply by a percentage. Get a number of questions, and if you get more than that number of correct answers, you'll pass.

When the FRM test results are released, the GARP Association will send an email to the test takers around the world, but the FRM test takers only know whether they have passed the test or not, but not the exact test score. The passing score is determined by the absolute score of the candidate and the proportion of the average score of the top 5% of the candidates. Therefore, the higher the score of the FRM candidate, the better, which does not mean that if you review a certain standard, you can pass the exam if your score reaches the passing line.

There are a total of nine subjects in the FRM exam. The GARP Association has divided each subject into four levels. 1 is excellent, 2 is good, and decreasing order.

The number obtained by the candidate is the ranking obtained by the candidate in the comparison of each subject in this exam:

There are four subjects in the Level 1 exam. Therefore, a better result for the FRM Level 1 exam should be: 1111. There are a total of five subjects in the Level 2 examination. Therefore, a better result for the FRM Level 2 exam should be: 11111.

The association then also assigns different weights to each subject. If you have a poor grasp of the key subjects in the exam, the test result will naturally fail. Whether the FRM score is passed or not is still up to the GARP Association to decide, and candidates may wish to think more about how to improve their scores in the process of preparing for the exam.