What is FRM (Financial Risk Manager)?

What is FRM (Financial Risk Manager)?

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Created By Admin Last Updated Sat, 11-Jul-2020

What is FRM (Financial Risk Manager)?

Financial Risk Manager (FRM) is a professional designation awarded by the Global Association of Risk Professionals (GARP) to the candidates who successfully complete this certification program. It is a globally recognized standard for those who manage risk.

With the rapid changes in the finance industry worldwide there is a need for professionals who manage risk, money, and investment to obtain globally standardized up-to-date knowledge and FRM aims to fill that gap.

FRM Certification Requirements

There are no educational or professional requirements to appear for the FRM Exam. It is a practice-oriented examination offered in two parts; questions are designed to relate theory to practical, real-world, problems. However, to become a Certified Financial Risk Manager, candidates must comply with the following outline of the program:

In order to become a Certified Financial Risk Manager after passing the FRM Exam Part I & II, candidates must demonstrate a minimum of two years of risk-related full-time professional experience positions including portfolio management, risk consulting, and other fields.