What is the specific role of FRM?

FRM sets norms and standards for global risk management in terms of ethics, professional standards and body of knowledge. It is a highly valuable qualification in the field of global risk.

The FRM exam can increase employment opportunities.

The role of FRM is progressive. At the beginning of the premise of having a certificate, the salary is about 3q 5q, and the good ones are about 6q, in fact, there is not much difference from ordinary people, but with their own accumulation and promotion, its left and right will become bigger and bigger.

Let's find outfrm：

FRM (Financial Risk Manager) is the top authoritative international qualification in the field of global financial risk management, established by the Global Association of Risk Professionals (GARP) in the United States.

GARP is one of the world's largest financial associations with 150,000 members from more than 195 countries, serving more than 5,000 banks, companies, academic and research institutions, management institutions, asset management institutions, insurance companies and non-financial companies. Its main function is to raise standards in the field of financial risk management worldwide through the exchange of information and the implementation of educational programs.

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.

Financial Risk Manager (FRM). It is an international professional qualification for professional risk managers. Certifications and exams are conducted by the Global Risk Management Institute (GARP).

FRM is specifically aimed at those who are engaged in financial risk management, including financial product market risk managers, credit asset risk managers, foreign exchange risk managers, ** risk managers, operational risk managers, legal, accounting and tax risk managers. FRM certification arranges training content according to the actual needs of these people, imparting professional knowledge such as quantitative analysis, market risk measurement and management, credit risk measurement and management, operation and overall risk management, law, accounting and ethics, etc., and tailoring financial risk management professionals. At a time when financial markets and financial products are becoming increasingly complex and interdependent, only those institutions that can effectively manage and control risk can succeed.

The purpose of the FRM qualification examination is to equip the holder of the title with the knowledge of the risks necessary for independent risk management and decision-making. A portfolio manager doesn't know much about simple fixed income analysis; A quantitative analyst does not know much about the daily fluctuations in the exchange rate of the yen and the dollar; A financial officer is unaware of the Federal Reserve's (Fed) basic requirements for derivatives risk operations. These have become commonplace in the industry.

Therefore, the FRM exam is designed to test whether the candidate has basic analytical skills, general risk knowledge, and intuitive ability gained from experience in the capital market.

Although organizations and organizations are accustomed to using extremely complex risk analysis models to manage, control, and prevent risks, in fact, risk managers can quickly assess and control risks, and test and test the assumptions and results of analytical models using the skills of empirical guidelines. The FRM exam places a strong emphasis on these operational skills. In addition, the FRM exam tests the risks of different financial markets and various financial instruments, regulatory practices, credit risk concepts, etc.

With the rapid growth of the domestic market's demand for financial risk management talents who are familiar with international practices and have professional qualifications, more and more financial practitioners will obtain certificates and enhance their personal competitiveness by participating in various financial certification trainings. However, it is not easy to obtain a certificate, and for domestic candidates, there are the following three thresholds, which need to be done within their means.

FRM candidates need to be rational about FRM certificates, FRM is actually facing different degrees of surplus in different places, in fact, this phenomenon is not surprising, just like the surplus of Chinese college students, if you want to take the FRM exam, you must have a deep and clear understanding of what your goal is. lest you fail the exam and find a job in risk management, and feel like you have failed the exam.

Once you know your goals, no matter what happens in the future, you can be calm, peaceful, and full of perseverance. Calmness, peacefulness and perseverance are the characteristics of successful people. I believe that the core knowledge emphasized in the FRM exam will play an increasingly important role in the coming days.

For an investor, the knowledge in the FRM exam is much more useful than getting a job in the financial field.

Jin Cheng wishes you to find your dream job after taking the FRM certificate.

Ability first, academic qualifications second, certificate third, if it is a job interview, academic qualifications may be the first hurdle, the certificate depends on your direction, different industry certificates are different, FRM is a high-end certificate in the financial industry, in the job interview related to the financial industry, especially the direction of financial risk control, this may be a hard hurdle! If you have it, you will keep it, and if you don't, you won't keep it, after all, any employer will choose a certificate that looks better and proves ability. Hope it works.

Reason 1: The threshold is low.

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

Mathematics requirements: Generally number four difficulty, no more than number three. The main reason is that there is a lot of content in probability and statistics.

Reason 2: Good welfare.

The benefits of FRM holders are quite good, and they will be given preferential treatment in terms of individual income tax for talents with CFA, FRM and other certificate qualifications, and can apply for a household registration in Beijing, and their children can take the college entrance examination in Beijing, and enjoy the same treatment as candidates with household registration in Beijing when they are admitted.

Financial talents will be given a settling-in allowance or subsidy ranging from 50,000 to 300,000 yuan, and at the same time, they can also give priority to participate in the study and training activities organized by Guangzhou for financial talents to go to New York, London, Singapore and other places.

Beijing, Guangzhou, Chengdu settlement subsidy, Shanghai settlement money, Tianjin key talent plan, Futian 10,000 yuan, Shenzhen tuition reimbursement....

Reason 3: Strong professionalism.

In addition to improving one's professional ability and learning a sound risk management knowledge system, the FRM certificate is also very helpful for job search and career development after work.

Reason 4: High demand.

The FRM certificate is a widely respected qualification in the field of financial risk. It is widely needed by the world's major banks. Financial employers around the world have become acutely aware that to succeed in the rapidly changing financial industry, it is essential to recruit FRM personnel with the expertise and skills.

Most of the licensees enter major banks around the world and are directly engaged in risk management.

1. FRM certificate has been internationally certified; 2. Assist in career development; 3. Affect the profession of professionals who manage financial risks;

This is seen from two perspectives:

First, whether the card itself is useful or not;

2. What can you learn from the learning process of the certificate?

FRM certificates are vocational exams with deep accumulation, and their breadth and depth have been tested by history. The content of the FRM exam is more professional and basic financial knowledge, and a lot of knowledge involved in financial risk managers is to solve practical problems encountered in practical management.

For people who want to enter this industry, the FRM certificate is a very good stepping stone. Especially for those who don't have the right major, the FRM certificate is one of the few highlights that can be put on a resume.

In addition, the FRM certificate can also allow people with the wrong profession to get started quickly. When I was studying, I had a misconception that as long as I was good at math, I learned a lot of things when I could work.

If you have already participated in the work, such as research, risk control, credit and other positions, you can use the certificate to pay a discount.

Jinhecheng Education FRM wishes you to pass every exam!