Financial Risk Manager (FRM) training simplilearn

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FRM® - Financial Risk Management


FRM® Product Knowledge:

- Definitions & Terminologies - Target Audience & Benefits of FRM® - Pre-requisites for FRM® Exam - FRM® Examination Syllabus - Exam Registration process & Examination Fees - FRM® Scholarship - Simplilearn Course Offerings

Topics to be covered


What is Financial Risk Manager (FRM) ® Certification ?

Financial Risk Manager is a globally recognized professional certification program offered by Global Association of Risk Professionals (GARP) ®, USA. The certification measures risk management professionals’ skills & knowledge in providing financial advice based on globally accepted industry standards

FRM certification program is a practice-oriented examination offered in 2 parts (i.e., FRM Part I & II) covering essential topics in financial risk management. One also needs to demonstrate 2 years of professional work experience in financial risk management along with fulfilling other requirements

Thus FRM certification is a benchmark adopted by companies in ensuring that their risk management employees are well versed in the latest financial risk concepts.

Definitions & Terminologies


GARP ® Global Association of Risk Professionals)

The Global Association of Risk Professionals (GARP)® is a not-for-profit organization and the only globally recognized membership association for risk managers.

Established in 1996, GARP is governed by a Broad of Trustees comprising of leading management practitioners & academics.

GARP has over years developed a comprehensive suite of programs geared for both individuals as well as institutions. The breadth and depth of these products and services address the critical need for risk education that keeps pace with a rapidly evolving industry.

29% 47%

24%

America Asia Pacific EMEA

GARP® Membership Distribution


FRM Fact Sheet

FRM Program Inception: 1997

26,000+ Certified

FRM’s

150,000+ Registrations

195+ countri

es

Certified FRMs have held positions

like,

Chief Risk Officer, Senior Risk

Analyst, Director of Investment Risk

Management Members employed by,

Commercial Banks, Central Banks,

Corporations etc.,


Target Audience

Any graduate who wants to build a career in the risk management domain.

Benefits of FRM Certification

– Enhanced Career Prospects (Stand out to all major employers)

– Develop ones’ knowledge and expertise on Risk Management

– Join an Elite group of Certified FRM professionals

– Help an individual demonstrate his/her skills

– Confirm your Achievements by providing real-world experience

– Enhance a professional’s reputation

Pre-requisites for FRM Exam

There are no educational or professional prerequisites to sit for the FRM Exams


Certified FRM Professional

Note: Experience completed for school will not be considered, including internships, part-time jobs or student teaching

An individual has 5 years to validate their work experience by completing an online form. If the work experience is not validated within the 5 stipulated years, then that individual will be required to retake the FRM Examination.


Examination Syllabus

The FRM Exam is designed by the FRM Committee consisting of a group of distinguished risk professionals and academics with diverse professional backgrounds

The FRM Exam Part I and Part II covers a range of topics related to financial risk management

20%

20%

30%

30%

FRM Part I Syllabus

Quantitative Analysis

Foundations of Risk Management

Financial Markets & Products

Valuations & Risk Models


Examination Registration Process

An individual can register for the Financial Risk Manager (FRM) Examination by filling an online application available at https://www.garp.org/frm/register/register.aspx

Examination Fees for May 2014 Exam

Enrollment fee entitles an individual to a complimentary 1 year individual membership in GARP. The membership includes access to a wealth of premium risk content, programs & events, career centers etc., which forms a part of FRM Program.

FRM Examination – November 2013

Registration Type

Registration Start Date

Registration Deadline

Enrollment Fees

Exam Fees Total Fees

Early 01/12/2013 31/01/2014 $300 $350 $650

Standard 01/02/2014 28/02/2014 $300 $475 $775

Late 01/03/2014 15/04/2014 $300 $650 $950

https://www.garp.org/frm/register/register.aspx










Examination Format

- The FRM Exams are held twice a year i.e., May & November

*For May 2013 FRM Part I Exam

- Both exams are administered manually via paper & pencil

- The results for both examinations are announced via Email about approximately 6 weeks post examination date

- Candidates are allowed to use GARP-approved calculators during the examination

FRM Part I Examination

Exam Format Total

Examination Questions

Pass Rate (%)* Examination

Duration

Multiple Choice 100 45.9% 4 hours


Continuing Professional Education (CPE) Program

GARP strongly encourages Certified FRMs to further their skills and knowledge on Risk Management by volunteering for the Continuing Professional Education (CPE) Program.

Eligibility – Certified FRM

Participation - Voluntary

Earn 40 Credit Points every 2 years

Qualified Learning Activities

Submit Credit Points via CPE Credit Tracker

Note: GARP conducts periodic random audits to review documentation for CPE Credit


GARP ®Scholarship Program

The GARP scholarship program was instituted to provide future leaders in risk management with the opportunity to sit for the FRM exam

The scholarship program covers the cost of the Exam Registration fee for FRM part I only. Scholarship program is not available for FRM Exam part II.

The Scholarship program is available for,

- Students who have enrolled in a full-time graduate degree program;

- Faculty members demonstrating full-time employment

For further details you can visit GARP website


The workshop shall help in:

• Preparing for a exam having globally recognized professional credential

• Demonstrating one as a skilled finance and risk management

• Demonstrating one’s practical skills on financial risk management

• Opening up greater prospects in the career field

Who should attend ?

• Students who want to enter finance or risk management domain

• Career changers (students with non-investment backgrounds) to gain broader professional expertise and to make a career change into the financial risk management profession

FRM Part 1 Workshop by Simplilearn


Simplilearn Credentials

Simplilearn is global training provider for professional certifications and have trained more than 75000 professional across 150+ countries. We are regular classroom and corporate training provider for PMP, CFA, FRM, PRINCE2, ITIL, CISSP. Some of the credentials (but not limited to) to be noted for Simplilearn are:

• Global Registered Education Provider (REP) of PMI, USA. Our REP ID is 3147

• CFA Institute Prep Providers for CFA Level I

• GARP Exam Preparation Providers for FRM Part I


Why Simplilearn ?

• Simplilearn is listed as a ‘Exam Prep Provider’ by GARP, USA

• Simplilearn provides both Blended Model of Learning as well as Online based training for FRM® courses along with providing Live Virtual Class & Practice Tests

• 24/7 customer support via chat, email and phone

• Interactive classroom sessions conducted by highly qualified and experienced instructors


FRM® Part 1: Online Training Offerings

FRM® Part 1 Online Training includes:-

• 52 full length audio-video chapters as per FRM® Part 1 syllabus

• 6 full-length FRM® Part 1Test Papers

• Each test paper consists of 100 questions with detailed answers

• Usage of Financial Calculators chapter included

• 24/7 Access to Course content (90/180/365 days access)

• Access to Moderated Discussion Forums, Free Resources & Blogs

• 24/7 Customer Support via Telephone, Email & Chat

• Price :- INR 4,000 for 90 days access


FRM® Part 1 : Classroom Training Offerings

FRM® Part 1 Classroom Training with 100% Money Back Guarantee

• 50 hours FRM® Part 1 Classroom Training

• Access to FRM® Part 1 e-learning content (180 days)

• 6 FRM® Part 1 Sample Tests with 100 questions each


• 24/7 Customer Support Via Telephone, Email & Chat

• Venue – Mumbai, Delhi, Pune, Bangalore

• Price :- INR 13,000


FRM® Part 1 Virtual Classroom Training Offerings

FRM® Part 1 Live Virtual Classroom Training (100% Money Back Guarantee)

• 50 Hours Live Virtual Class

• Downloadable recordings for all sessions

• Access to FRM® Part 1 e-learning Content (180 Days access)

• 6 FRM® Part 1 Sample Tests (100 Questions each)

• 50 Hours PMI PDU Certificate



• Price :- INR 13,000


FRM® Part 1 Practice Test Offerings

• FRM® Part 1 Exam Practice Tests

• 6 full-length FRM® Part 1Mock Test (one can buy any number of tests)

• 30 Day Access

• Each Test consists of 100 Questions


• Price starting INR 500


To know more about our certifications kindly visit –

http://www.simplilearn.com/finance-management

Contact us:

Md. Mohsin ([email protected]) +91 80 6568 1106

Subin S ([email protected]) +91 8880280398 | +91-80 3009 4654

Kaustov K ([email protected]) +91 80- 6568 4678





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