Is it easy to get into a bank by taking the FRM exam? Are FRM licensees paid well?

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

If you ask what the FRM exam means for work, all I can say is that you take the exam first. In November 2014, the FRM exam has been examined, if your career plan is the financial industry, especially the bank risk control department, it is the general trend to obtain the FRM certificate, and the early exam will benefit as soon as possible. If you are new to the FRM exam, you can choose to check out the FRM Profile, which details the FRM exam and certificate application.

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FRM, that is, financial risk manager, with the development of the financial industry, enterprises are paying more and more attention to financial risk control management, as the demand for talents is also more and more, the salary has become rising, so how high is the salary of FRM holders? What are the job prospects?

FRM certified average salary by country.

The average salary of FRM certified personnel will be different in different places, enterprises and positions, and the individual's education, ability and experience are also a major factor affecting the salary.

FRM holders mostly work in the investment, analysis, and industry industries, and the industry has a high starting point. In China, the average annual salary of FRM holders can reach more than 360,000 yuan. In the United States, the average salary for a FRM is between $50,000 and $125,000.

In the UK, the average salary for an FRM is between £35,265 and £57,200. In Singapore, the average salary of an FRM is between S$63,200 and S$111,841. (Information.)

Needless to say, the FRM certification provides practitioners with the best career prospects, and the opportunities for development are enormous.

What kind of work can I do with the FRM certificate?

1. Venture capital department.

Have a foundation in finance, have a systematic understanding of risk management, and work carefully and meticulously.

2. Direct investment department.

It is best to have a certain experience and foundation in direct investment, so that it is not easy to be fooled by others, but you need to be particularly familiar with financial statements, and you can also accumulate some accounting and financial knowledge in your work.

3. Investment Department.

The work pressure is relatively high, and the time required to precipitate is also relatively long, and talents with high investment sensitivity can develop in this area, and the follow-up performance can be promoted to investment managers.

FRM, Financial Risk Manager, has grown rapidly over the years. Is this certificate good or not? Is it worth the effort? Next, let's take a look at the details of whether the FRM certificate is good or not!

FRM certificate from the gold content, professional competitiveness and salary aspects, is very worthy of everyone's examination, get the FRM certificate, can make your i career development broader, more choice of initiative, opportunities!

1. FRM certificate - a widely recognized international certificate.

The FRM certificate is the most authoritative qualification certification in the field of financial risk management in the world, and has also been highly recognized by Wall Street, many well-known financial institutions in Europe and the United States, and the top regulators in various countries. In terms of gold content, it belongs to one of the "best certificates" in the financial industry. There is a large shortage of FRM talents in China, if you successfully obtain the FRM certificate, you can get priority when applying for relevant positions.

As a graduate, you have a better chance of applying as a management trainee.

2. FRM holders, there are many job options.

FRMs usually work in the risk control department of a bank. According to the global employer rankings on the GARP website, most FRM holders will choose to work in top financial institutions such as Industrial and Commercial Bank of China, HSBC, Agricultural Bank of China, and China Construction Bank. In addition to joining the bank, you can also choose a financial risk management position in a large financial bridge management company or enterprise unit.

FRM holders have a wider range of job options and a better salary, which is one of the reasons why so many people choose FRM.

3. The salary of FRM certificate holders is very considerable.

In terms of the salary package of FRM holders, it usually rises slowly as banks in the region increase the number of jobs. Globally, the highest salary can reach $525k. For FRM holders, the ultimate goal is to move towards a CRO Chief Risk Officer, whose salary package tends to rise in a straight line as work experience grows.

FRM stands for Financial Analysis Manager, which is a qualification with high gold content in the field of international financial risk control, so what is the use of taking FRM? What kind of positions can I do?

First, talent is scarce.

I believe that this is a problem that everyone has been concerned about, in fact, the gold content of FRM certificate is not as low as everyone thinks, on the contrary, it will surprise everyone.

In fact, FRM is the abbreviation of financial risk manager, and its professional title qualification certificate is the highest recognition in the field of financial risk management. At present, there are about 1,000 people in China (including Hong Kong and Taiwan) who have obtained FRM certificates, and due to the small number of FRM certificates, they are currently extremely scarce financial senior talents.

Second, the certificate has high gold content.

FRM, Financial Analysis Manager – the world's top authoritative international qualification in the field of financial risk management. Domestically, the Ministry of Human Resources and Social Security has approved it as an international vocational qualification certificate. Banks, investment banks, insurance companies or other financial industries will give higher recognition and evaluation to FRM holders.

Slippery ants. 3. Improve personal salary.

With the continuous development of the financial market, the FRM certificate is equivalent to the "standard" of financial risk management, and many companies are willing to increase salaries and benefits and throw an olive branch to you. And there are also data showing that the salary of FRM holders is often higher than the industry average, and there is a lot of room for promotion in career development.

What kind of work can I do with the FRM certificate?

In fact, as long as the candidate obtains the FRM certificate, there are still many positions that can be engaged in after coming out. For example, most of them are mainly serving large enterprises and the financial industry, such as risk control personnel of financial institutions, auditors of financial institutions, asset managers, commercial banks, risk technology providers, risk consultants, corporate accounting and audit departments, CFOs, MIS, CIOs, etc.

It is useful to obtain an FRM certificate. The FRM certificate is certified by the Ministry of Human Resources and Social Security and is a nationally recognized certificate. The FRM certificate can enjoy the financial welfare policies of certain cities in China, such as Beijing, Shanghai, Nanjing, Shenzhen, etc.

With FRM certificates, you can also enter financial institutions, and the most FRM holders are employed by financial institutions led by Bank of China and Industrial and Commercial Bank of China. Get free preparation materials for the 2022 FRM (trial course + past papers + exam syllabus, etc.).

FRM Introduction:

Financial Risk Manager (FRM) is a qualification in the field of global financial risk management, developed by the Association of Global Risk Management Professionals (GARP) in the United States. GARP is one of the world's largest financial associations with more than 48,000 FRM charterholders and more than 150,000 members from more than 190 countries, serving more than 7,500 banks, companies, academic institutions, regulators, asset managers, insurance companies and non-financial companies. Click here for more questions about FRM application and certification.

FRM Features:

FRM is an international risk management certificate; Strong professionalism in knowledge points, focusing on post-related fields; The entry threshold is relaxed; The exam is difficult and the pass rate is moderate; The exam is short, and you can complete both parts of the exam at once; The all-English test is an obstacle for candidates from non-native speaking countries, and the test cost is high; The certificate has a high gold content; The degree of attention is high, but the current recognition is average and immature; Suitable for those with more than 2 years of relevant work experience; Qualifications are available worldwide.

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.