The FRM Exam is designed by the FRM Committee, a group of distinguished risk professionals and academics with diverse professional backgrounds. A wide range of industries including (but not limited to) banking, consulting, traditional asset management and hedge funds, technology, and nonfinancial corporations is regularly surveyed through a formal job task analysis process to determine the knowledge, skills, and abilities required to function effectively as a financial risk manager in the global marketplace.

The FRM Exam Part I and Part II cover a spectrum of topics in financial risk management.