Benefits of pursing FRM
- More desirable to executive recruiters and hiring managers since they are now seeking FRM holders for senior risk management jobs more than ever before. It adds strong value to your skills, credentials and resume
- Lucrative career options in Risk Management, Trading, Structuring, Modeling, etc. FRM holders have positions such as Chief Risk Officer, Senior Risk Analyst, Head of Operational Risk, and Director, Investment Risk Management, to name a few
- Globally recognized professional designation for financial risk managers
- Competitive advantage with colleagues, clients and prospective employers
- Knowledge of Financial Products and Expertise using them for Risk Management Purposes
- Join an Elite Group of Finance Professional
- Network with some of the world’s leading financial risk management professionals
FRM as career is good for …
- Candidates Pursuing CA / MBA (Finance) / Actuary
- Students Pursuing UG Courses in Commerce / Engineering Domains
- Working professionals in Financial Institution like Banks , Mutual Funds , Stocks & commodity Brokers , Insurance , Wealth Management , Hedge Funds
- Working professionals in IT companies catering to Banking and Finance Industry
Opportunities available for FRM holders
FRM holders work in following places at good positions in Consulting firms like PWC , KPMG , Deloitte ,E&Y etc + Investment banks + Commercial banks + Central Banks +Asset management firms + Corporations (including non financial corporations) + + Hedge funds + Mutual Funds + Insurance firms + Credit agencies + Government/regulatory agencies + Risk and technology Vendors
Minimum eligibility to appear for FRM exam.
There are no educational or professional prerequisites to appear for the FRM Exam. However, to earn FRM charter, one has to qualify exams conducted in two parts and has to demonstrate 24 months related work experience
Duration of course and study hours required
Minimum time required to complete both the parts of exam is one year.
It requires average 250 hours of study for each of two parts
Curriculum and exam structure of FRM
Exams are conducted in May and Nov in five cities in India
Part I – 4 Hours – 100 MCQ – Strong emphasis on Quantitative Methods and Financial Markets and Products & value at risk.
Part II – 4 Hours – 80 MCQ – It covers a significantly larger syllabus and focuses on Market Risk, Credit Risk, Operational Risk, Integrated Risk, BASEL-II and BASEL-III
Benefit of joining Institute of Financial Studies
IFS provides 100+ hours of comprehensive class room program.
Classes are conducted on weekends or early morning.
For non math’s students separate course on essential Math’s for finance certification is provided.
Mock tests, online study material presentations etc. are provided to fully enhance learning outcomes
Registration Fees with GARP: $300
Exam Fees for each part: $350
IFS Exam prep fees: ₹ 38000 each part
Group Size 6 to 10 candidates