There are no restrictions on registration for the FRM exam. Anyone can register. The registration fee is divided into early bird stage and standard stage. The early registration fee is US$400 and the examination fee is US$600; for standard stage registration, the registration fee is US$400 and the examination fee is US$800.
How to pay FRM registration fee
1. Credit card online payment. GARP accepts MasterCard, Visa or AmexCheck.
2. Check. Must be a U.S. bank check or a foreign check by wire transfer from an intermediary U.S. bank
3. Wire transfer.
There is an additional $50 fee for manual payments by check or wire transfer. And be sure to provide the candidate's GARPID, copy of receipt, and signature for proof. Once paid, fees are non-refundable and non-transferable.
Introduction to the FRM exam subjects
The FRM exam*** is divided into two levels: the FRM level one exam subjects are "Fundamentals of Risk Management", "Quantitative Analysis", and "Valuation" and Risk Models" and "Financial Markets and Products". The first level includes four subjects; the FRM second-level examination subjects are "Market Risk Measurement and Management", "Credit Risk Measurement and Management", "Operational Risk and Resilience", "Liquidity The first chapter includes six subjects: "Sexual and Financial Risk Measurement and Management", "Risk Management and Investment Management" and "Current Hot Issues in Financial Markets".
Preparation suggestions for the FRM exam
1. Make good use of various learning materials and tools. There are many FRM review materials on the market, but candidates should have goals and directions when choosing. The selection of all materials is not conducive to candidates' good review. If conditions permit, you can enroll in classes. Professional teachers can provide candidates with professional explanations, and when candidates have problems, they can be solved in a timely and effective manner. At the same time, they can also supervise candidates to prepare for the exam.
2. Explore past questions and do more exercises. Candidates must be familiar with the examination questions from previous years and be able to do them. Through the real examination questions of previous years, they can grasp the direction of the questions and clarify the scope of the questions. Understand the characteristics of each subject and arrange the time to prepare for each subject according to your own abilities.