The Study Guide sets forth primary topics and subtopics covered in the FRM Exam Part I and II. Readings are selected by the FRM Committee every year as being representative of the theories and concepts that risk managers working today have to master. The topics are reviewed yearly to ensure the FRM Exam is kept timely and relevant.

Cost: Free

The FRM Exam Preparation Handbook is designed to assist FRM candidates in their preparation for the FRM Exam by suggesting strategies for completing the reading material outlined in the FRM Study Guide and FRM AIM Statements documents, which together form the blueprint for Exam topic coverage.

Cost: Free

The Applying Instructional Materials (AIM) Statements address each subtopic set out in the FRM Study Guide and helps candidates identify specific concepts they should understand from the recommended readings.

Cost: Free to paid FRM Exam candidates

These are the official books for the FRM Exam Part I. The four volume set includes: Foundations of Risk Management; Quantitative Analysis; Financial Markets and Products; and Valuation and Risk Management. They are available in printed format only.

Candidate Cost: US$250, plus shipping.

These are the official FRM Exam Part II books. Readings cover topics related to market risk management, credit risk management, operational risk management, risk management and investment management and current issues in financial markets. They are available in printed format only and ship as four books. The material related to current issues in financial markets is available as a digital download.

Candidate Cost: US$295.00, plus shipping.

Deferral and Returning FRM Candidates should download this list of changes to the 2013 FRM Study Guide. This is a list of new, deleted, and updated readings from the 2012 FRM Study Guide.

Cost: Free

Based on a sample of questions from the 2010 through 2012 FRM Exams, these Practice Exams are representative of the questions that will be in the May 2013 FRM Exam.

These practice Exams are based on a sample of questions from the 2010 FRM Exam, and were representative of the questions that appeared on the 2012 FRM Exams.

These practice Exams are based on a sample of questions from the 2009 FRM Exam, and were representative of the questions that appeared on the 2011 FRM Exam. 

Please note this is only available via digital access.

These practice Exams are based on a sample of questions from the 2008 FRM Exam, and were representative of the questions that appeared on the 2010 FRM Exams.
Please note this is only available via digital access.