FRM® Part II Study Packages

Study Packages for the FRM Part II Exam

Part II of the FRM Exam focuses on the application of tools used to assess financial risk and consists of 80 multiple-choice questions. You will be tested on your ability to read a question, analyze it, and apply concepts to it. The pass rate for Part II of the November 2021 exam was 63%. A commonly cited reason for the low pass rate is the variations in exam questions. Some are straightforward, others appear straightforward but have a trick to them, and the wording of others can be confusing. All of our packages combine multiple study tools and access to an exclusive community forum to help you learn the material and apply your knowledge on exam day. Choose one of Kaplan Schweser's industry leading study packages below, or compare your package options

Premium for the FRM® Part II Exam

 

Start with the customizable Activity Feed to guide your study plan, and then master the entire FRM Part II curriculum with our proven, concise study materials. Test your knowledge with hundreds of exam-like questions in the QBank. Attend 15 OnDemand Classes covering all 99 readings and learn directly from seasoned FRM experts in our convenient online classroom. Finally, retain the critical information you’ve learned with our OnDemand Review and gauge your exam readiness with realistic Mock Exams. Don’t settle when it comes to your preparation…go into exam day with the complete confidence you need to pass!

What's Included:
Instruction
Attend class on your own schedule with 15 in-depth sessions covering every reading in the FRM Exam curriculum.
Review

Two full-length mock exams that closely resemble the difficulty and length of the actual FRM exam.

Watch our review sessions on your schedule with 8+ hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies.
Take this compact book anywhere you go, printed or eBook, for a concise review of the FRM® curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day.
Core
Take the guesswork out of your study plan with strategically placed weekly tasks.
Two Checkpoint Exams with questions that mimic the difficulty and format of the actual FRM Exam.
Ask questions, and receive answers from an instructor at any time.

Access our community forum to engage with our experts and other FRM candidates to post questions, find answers, and engage in meaningful discussions throughout your studies.

This compact study tool summarizes key formulas, definitions, and concepts.

A collection of online videos that will prepare you for your studies.

Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding.

Build custom exams to quiz yourself on what you've learned.
Topic Quizzes are designed to identify your level of mastery and provide direction for any necessary remediation. Topic Quizzes can be taken online.

Pass Guarantee
Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

Purchase Options

May Exam
Premium Package (May 2023)
May Exam
$799.00

Select this package if you are sitting for the May 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$799.00
August Exam
Premium Package (August 2023)
August Exam
$799.00

Select this package if you are sitting for the August 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$799.00
November Exam
Premium Package (November 2023)
November Exam
$799.00

Select this package if you are sitting for the November 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$799.00

Essential Packages for the FRM® Part II Exam

 

Use the Activity Feed to guide your study plan at your preferred pace. Candidate-favorite SchweserNotes™ will help you master the difficult FRM Part I curriculum and then utilize the QBank to gain access to hundreds of practice questions. Then, gauge your exam readiness with realistic Mock Exams. With this comprehensive collection of proven study tools, you’ll have a solid foundation to pass the FRM Exam the first time.

What's Included:

Review

Two full-length mock exams that closely resemble the difficulty and length of the actual FRM exam.

Core
Take the guesswork out of your study plan with strategically placed weekly tasks.
Two Checkpoint Exams with questions that mimic the difficulty and format of the actual FRM Exam.
Ask questions, and receive answers from an instructor at any time.

Access our community forum to engage with our experts and other FRM candidates to post questions, find answers, and engage in meaningful discussions throughout your studies.

This compact study tool summarizes key formulas, definitions, and concepts.

A collection of online videos that will prepare you for your studies.

Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding.

Build custom exams to quiz yourself on what you've learned.
Topic Quizzes are designed to identify your level of mastery and provide direction for any necessary remediation. Topic Quizzes can be taken online.

Pass Guarantee
Didn’t pass the exam? Your next study package is on us, free of charge. Terms and conditions apply.

Purchase Options

May Exam
Essential Package (May 2023)
May Exam
$399.00

Select this package if you are sitting for the May 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$399.00
August Exam
Essential Package (August 2023)
August Exam
$399.00

Select this package if you are sitting for the August 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$399.00
November Exam
Essential Package (November 2023)
November Exam
$399.00

Select this package if you are sitting for the November 2023 exam. All products and materials are the same for each window, but shipping and release dates differ by window.

$399.00

Looking for additional FRM Part II exam prep products?

 

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FRM Part II Package FAQs

How to Pass the FRM Part II Exam:

  • Tip #1: Become Familiar with the FRM® Exam Topics
  • Tip #2: Start Studying Early
  • Tip #3: Structure Your Study and Preparation
  • Tip #4: Focus on Practicing in the Final Weeks Before Each FRM® Exam
  • Tip #5: Have a Game Plan for Staying Calm on Exam Day

Read more about how to increase the likelihood you'll pass the FRM Part II exam.

The FRM Exam pass rate for Part II is estimated to be around 60%. However, only 25% of candidates who begin the program actually earn the charter. You can greatly improve your odds of success by learning from other candidates’ experiences and avoiding common study mistakes.

Kaplan Schweser releases a new version of products every year as the FRM curriculum changes. Shared use is strictly prohibited.

Expiration Date of Access to Online Products

Part

May 2023 Exam

August 2023 Exam

November 2023 Exam

Part I 

June 30, 2023

September 30, 2023

December 31, 2023

Part II

June 30, 2023

September 30, 2023

December 31, 2023

 

 

 

 

The FRM Part II exam is 80 multiple-choice questions. The exam length is four hours.

 

The FRM Exam Part I focuses on the tools used to assess financial risk and has more questions than Part II. Part II focuses on the application of the tools, and it is always offered in the afternoon. Read More »

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