The Global Academy of Risk Professionals is the governing body for Financial Risk Management. To help candidates prepare for the FRM Exam, GARP recommends reading which is a collection of books, articles, journals, etc. GARP has started establishing these readings as study material that is published both online and offline. GARP provides study materials, practice exams, and information on approved, third-party Exam preparation providers. Sign up for GARP certificate. The following official resources are available to help candidates prepare for both parts of the FRM Exam.
2022 FRM STUDY GUIDE
The 2022 FRM Exam Study Guide sets forth primary topics and required readings for exam preparation. The FRM curriculum is revised annually under the direction of GARP’s FRM Committee to ensure that the FRM Exam remains a valid assessment of the knowledge and skills necessary to manage financial risk.
To succeed in the FRM Exam, candidates are strongly recommended to study directly from GARP’s official FRM Exam Part I books. Updated each calendar year to ensure they remain current and to reflect any curriculum updates to the Part I material, these books cover all the readings and themes that comprise Part I’s Exam:
- Foundations of Risk Management
- Quantitative Analysis
- Financial Markets and Products
- Valuation and Risk Models
How to Study for FRM Exam?
The Financial Risk Manager (FRM) exam is a globally recognized professional certification for risk professionals. The exam is conducted worldwide by the Global Association of Risk Professionals. Sign up for GARP certificate
Just to give you a brief background on risk certification, as of now there are two global risk certifications: FRM offered by GARP, and PRM by PRMIA. Both the exams have got a huge following, and some people are even taking both exams. Both the exams differ widely in their approach and syllabus. We will discuss the differences between the two in another article.