Checkout FRM Exam Dates for May 2018 and Nov 2017 (Level 1 & Level 2), and also FRM Exam Time and Schedule. FRM refers to Finance and Risk Management. FRM Exam is held only twice a year. Both FRM Level 1 and Level 2 exams are held in May and November. Also checkout our earlier article on FRM Fees, FRM Complete Course Details and also FRM Salary Packages. This Article on FRM Exam dates has been contributed by Prof.William Bell.
FRM is financial risk manager. It is a certification which gives you in depth knowledge of risk management in financial sector. There are two levels or exams in this certification which can be completed in 6 months. This certification gives you an opportunity to work in risk analysis and management areas. It is a global certification and valued a lot. FRM is still with growing economy and financial markets ,its scope is increasing .
FRM Exam Dates 2017 (Level 1 & 2)
|May 2018||24th May 2018|
|Nov 2018||21st Nov 2018|
|May 2019||22nd May 2019|
In 2017, the FRM Exam will be offered on May 21, 2017 and November 18, 2017. Level 1 exam will be held in the morning and Level 2 will be held in the afternoon session.
The FRM Exam Part I and Part II are pencil and paper multiple choice exams. They are offered solely in English, twice a year in May and November
FRM Exam Part I
A 100 question multiple choice exam, the FRM Exam Part I focuses on the tools used to assess financial risk: quantitative analysis, fundamental risk management concepts, financial markets and products, and valuation and risk models. Part I is always offered in the morning and must be completed in four hours or less.
FRM Exam Part II
The FRM Exam Part II is an 80 question multiple choice exam, emphasizing the application of the tools acquired in Part I: market, credit, operational and integrated risk management, investment management as well as current market issues. Part II is always offered in the afternoon and must be completed in four hours or less.
Please note that if a candidate elects to take Part II on the same day as Part I, their Part II Exam will not be marked by GARP unless they first pass Part I.
Minus Marks in FRM
There are no penalties for wrong answers. Passing scores are determined by the FRM Committee. Exam results are pass/fail and are emailed approximately six weeks after the exam. Candidates will receive quartile results comparing their performance to other candidates.
FRM Course Importance
Financial Risk Management in simple words is managing your finances to meet your liabilities and foreseeable risks in your as well as your dependentsfact all responsible persons should do it for their peaceful living.
It can be done by listing your liabilities and commitments added like children education, their marriages, medical expanses, construction of shelter, responsibility towards your parents and retirement settlement etc.
Managing and planning your income and expenses in such a way that you are able to face the foreseeable risks of your life can be termed as Financial Risk Management in simple terms.Hope this may help you in planning and investment of your savings.