Does anyone know that math majors are suitable for FRM? Is it a disadvantage or an advantage for the

Updated on educate 2024-05-03
4 answers
  1. Anonymous users2024-02-08

    Hello classmates, I'm glad to answer for you!

    FRM is a financial risk manager, and has high requirements for models and pricing, so quantitative analysis requires proficiency, and the part of mathematics corresponding to quantitative analysis is probability and statistics, so mathematics majors must have a great advantage in learning. However, you need to strengthen your knowledge of finance, especially risk management, after all, quantitative is the foundation, and risk control is the main thing. But there's a law in college:

    Mathematics to economics or finance is always a successful transition, so don't worry, I believe you can work hard and pass the FRM exam.

    Hope mine can help you solve the problem, if you are satisfied, for yo.

    Gordon wishes you a happy life!

  2. Anonymous users2024-02-07

    There are high requirements for models and pricing, so quantitative analysis requires proficiency, and the part of mathematics corresponding to quantitative analysis is probability and statistics, so mathematics majors must have great advantages in learning.

    The Financial Risk Manager (FRM) certification is accredited by the Global Association of Risk Professionals (GARP) organization.

    FRM Exam Subjects and Weights:

    Part I: Quantitative analysis (weighted 10%)

    Part 2 Market Risk Measurement and Management (25% weighting).

    Part 3 Credit Risk Measurement and Management (30% weight).

    Part 4 Management of Operational Risk and Overall Institutional Risk (25%)

    Part 5 Risk Management and Investment Management (10% weighting).

    FRM Exam Notes:

    1) Without two years of relevant work experience, the FRM certificate will not be awarded. Once the applicant has achieved more than two years of work experience, the applicant should notify GARP in writing, and GARP will mail the FRM certificate upon receipt of the written notification with proof of work experience.

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

    3) Candidates with less than two years of work experience, if the test center is full, will try to be arranged in other test centers, if it is still not feasible, they will not be provided with a seat for the test.

  3. Anonymous users2024-02-06

    Hello classmates, I'm glad to answer for you!

    The exam mainly covers the content of probability and statistics. However, the specific requirements for mathematics for FRM registration qualifications are not high, so the requirements for mathematics for candidates for FRM registration qualifications are generally four difficult and not more than three. Therefore, candidates who mainly understand the use of tools can meet the requirements of FRM registration for mathematics.

    Gordon wishes you a happy life!

  4. Anonymous users2024-02-05

    1. The requirements for mathematics in the FRM exam are generally number four difficulty, not more than number three. The main reason is that there is a lot of content in probability and statistics.

    2. The FRM exam began in 1997. By the end of 2009, more than 20,000 people worldwide had earned the FRM designation. The FRM exam has test centers in Beijing, Shanghai, Guangzhou, Chengdu, Wuhan, Hong Kong and Taiwan, and there are about 1,000 people in China (including Hong Kong and Taiwan) who have obtained the FRM certificate, which is an extremely scarce financial senior talent.

    In a sense, finance is a discipline that studies how to optimize the allocation of assets from the two dimensions of time and risk. Therefore, "risk" plays a pivotal role as a core variable in the financial sector. Financial risk management technology has received unprecedented attention, and the FRM exam has developed rapidly, 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 authoritative certification in the field of financial risk management in various countries.

    The FRM exam is divided into level 1 and level 2 (part and part) Friends who are interested in financial risk management or are engaged in related work can improve their risk management knowledge level by taking the FRM exam, and can add a heavy bargaining chip for career development and career development.

    Candidates only need to fill in the FRM Exam Registration** and receive a successful registration email from Garp.

    Eligibility: There are no restrictions on academic qualifications and industries, and university students can also apply for the exam.

    English proficiency requirements: General college English level 6 is sufficient, and rich financial professional vocabulary is required.

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