About FRM (Financial Risk Manager)

  • The Financial Risk Manager (FRM ®) certification is the globally recognized benchmark and professional designation for financial risk managers. Earning the FRM designation is extremely useful for professionals pursuing or planning a career in banking, NBFCs, rating agencies, large brokerages, forex advisories or large corporates.

  • The FRM program is rigorous and is designed to measure a candidate's grasp of the latest technical and industry knowledge; successful completion of the program signifies a candidate's ability to keep pace with a rapidly changing financial landscape.
  • The global FRM community is growing dramatically as the financial services industry demands more highly skilled and qualified financial risk professionals.
  • There are currently over 24,000 FRM holders across the globe
  • FRM holders are found in over 90 countries
  • 36 different industry sectors employ FRM holders
  • 48 of the world's top 50 banks (by total assets) are represented by FRM holders
  • 575 organizations had 5 or more FRM candidates registered for the 2019 FRM Exam
  • Registrants come from every major financial institution, consulting firm, and regulatory body

Certification Requirements

  • In order to be certified as a Financial Risk Manager (FRM ®) and be able to use the FRM acronym after your name, the following is required:
  • A passing score on both Part I and Part II of the FRM Examination
  • A minimum of two years professional full-time work experience in the area of financial risk management or another related field including, but not limited to, trading, portfolio management, faculty academic, industry research, economics, auditing, risk consulting, and/or risk technology.

FRM® Program Fees

  • Financial Risk Manager Levels I &II : The candidates are required to pay a onetime enrollment fee of $400. For each level (I &II), the examination fee is $550 - $750. The earlier the candidate enrolls, the lower is the fee. Considering the above figures, the average fee for the program works out to be around $1500 (Rs. 1,10,000). For current/ detailed fee schedule please visit the following link: FRM - Fee Schedule