FRMCandidateGuide20131TheFinancialRiskManager(FRM®)designationisthemostgloballyrespectedandwidelyrecognizedcertificationforfinancialriskmanagement.TheFRMProgramensuresthatCertifiedFRMshavemasteredthenecessaryskillsandknowledgetosucceedintoday’srapidlychangingglobalfinancialindustry.ToachievethestatusofCertifiedFRM,candidatesmustpassarigoroustwo-part,practice-orientedexamina-tionandhavetwoyearsofqualifiedworkexperience.TheFRMExamisupdatedtwiceayeartobereflectiveofthelatesttrendsintheglobalfinancialmarketsandisdesignedbyagroupofdistinguishedriskprofessionalsandacademicswithdiverseprofessionalbackgrounds.BypreparingfortheFRMExam,youwillgainknowledgethatisusefulonthejobeveryday.TheFRMExamPartIcurriculumcoversthetoolsusedtoassessfinancialrisk:•Quantitativeanalysis•Fundamentalriskmanagementconcepts•Financialmarketsandproducts•ValuationandriskmodelsTheFRMExamPartIIcurriculumfocusesontheapplicationofthetoolsacquiredinPartIthroughadeeperexplorationof:•Marketriskmanagement•Creditriskmanagement•Operationalandintegratedriskmanagement•Investmentriskmanagement•CurrentmarketissuesAfterpassingtheFRMExamPartII,candidatesmustdemonstrateaminimumoftwoyearsofrisk-relatedfull-timeprofessionalexperiencetobecomeaCert-ifiedFRM.Nootherfinancialriskdesignationrequiresitscandidatestodemonstraterelatedprofessionalexperience—sobecomingaCertifiedFRMmeansconsiderablymorethanpassingatest.AchievingFRMcertificationprovidesyouwithacareer-longwaytoexpandyourprofessionaloppor-tunitieswithintheworldoffinance.YouwillbecomepartofanetworkofCertifiedFRMsinover90countries.Moreover,employersknowthatCertifiedFRMshavetherelevantknowledgewithwhichtoanticipate,respondandadapttocriticalissues,providingthemwithanedgeintheircareerandprofessionaldevelopment.Overview[]TheFRMProgramisacareer-longprofessionalresourcethatpositionsCertifiedFRMsasthestandard-bearersoftheriskprofession.EnrollingintheFRMProgramisstraightforward;candidatesregisterfortheFRMExamonlineviatheGARPwebsite.Therearenoeducationalorprofes...
