Financial Risk Manager

GARP® Introduces A New Expanded FRM® Program

Starting in the May 2010 exam window, the FRM® Exam will transition into a two-part format. Both Part 1 and Part 2 will be available semi-annually, in May and November. Both exams will be offered on the same day and at the same exam site. Candidates who choose to sit for both exams on the same day must pass Part 1 before their Part 2 exam is graded. Candidates who fail Part 1 must re-register for Part 1 and Part 2 because their Part 2 exam will not have been graded. To prepare candidates to pass the FRM Exam – The First Time, Kaplan Schweser's FRM Exam Study Solutions will be updated prior to each exam season.

May 2010 FRM® Exam Fast Facts

The tables below contain Part 1 and Part 2 registration dates, fees, and exam details.

Part 1 and Part 2 Exam Date: May 22, 2010

 
Registration Fees

Program Enrollment Fee (for new candidates, one time only) $300

Early - $350
Dec. 1, 2009 - Jan. 31, 2010
Standard - $475
Feb. 1, 2010 - Feb. 28, 2010
Late - $650
Mar. 1, 2010 - Apr. 15, 2010
 

 
New Exam Format Details
PART 1
  • 100 multiple choice
  • 4-hours total: 8 am - 12 pm
  • 150-200 hours of recommended study
  • Topics include:
    • Foundations of Risk Management
    • Quantitative Analysis
    • Financial Markets and Products
    • Valuation and Risk Models

PART 2
  • 80 multiple choice
  • 4-hours total: 2 pm - 6 pm
  • 150-200 hours of recommended study
  • Topics include:
    • Market Risk Measurement and Management
    • Credit Risk Measurement and Management
    • Operational and Integrated Risk Management
    • Risk Management and Investment Management
    • Current Issues in Financial Markets
 
 
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Prepare for the May 2010 FRM Exam!

Learn more: Part 1 | Part 2

 
 
May 2010 FRM Exam Documents

Coming soon:

  • What's New for May 2010 Part 1
  • What's New for May 2010 Part 2