Registration for the May 2024 FRM Exam opens on December 1.
The FRM Certification is the true standard for educational excellence in risk management and a gateway to achieving new career heights in the risk profession. Be a part of an elite network that spans over 80,000 individuals employed at the world’s top banks, asset management firms, consulting firms, and regulators.
Prove they're able to assess, measure, and monitor risk in real-world situations
Gain transferrable knowledge applicable across industries and functional roles
Be in a strong position to improve their job performance and advance their careers
Join an exclusive global network of top risk managers
When the FRM Certification launched 25 years ago risk management was more of a loosely defined function than a profession. From the beginning GARP made sure the program was shaped by top risk minds, guaranteeing it would evolve to meet the real-world needs of both practitioners and their firms. Risk management took a leap forward following the Global Financial Crisis, and the FRM program cemented its status as the gold standard of risk certifications by preparing candidates to succeed in this newly prominent field. We look forward to the challenges of the next 25 years.
FRM certified professionals are constantly in demand by the world’s leading companies and banks. Our FRM certified professionals are currently employed in more than 190 countries and territories worldwide.
*companies ordered by the number of FRM employees
*banks ordered by the article below
Source: Chen, Liyan. "2015 Global 2000: The World's Largest Banks." Forbes. Forbes Magazine, May 6, 2015. Web. July 23, 2015.
According to an independent benchmarking study conducted by Ecctis, the FRM Certification is comparable to a Master's degree in fourteen national and regional educational systems. Based on this highly specialized content, complex candidate requirements, and industry-based curricula, the FRM Certification was deemed equivalent to:
|United Kingdom||Comparable to RQF Level 7*|
|United States||Comparable to US Master's degree standard|
|Canada||Comparable to OQF Level 12*|
|India||Comparable to NSQF Level 9*|
|Hong Kong||Comparable to HKQF Level 6*|
|Singapore||Comparable to Singaporean Master’s degree standard|
|Australia||Comparable to AQF Level 9*|
|Brazil||Comparable to Título de Mestre (Brazilian Master’s degree standard)|
|China||Comparable to the Chinese Master’s degree standard|
|Japan||Comparable to the Japanese Master’s degree standard|
|South Africa||Comparable to NQF Level 9*|
|UAE||Comparable to QFEmirates Level 9|
|Mexico||Comparable to Mexican Master’s degree standard|
|Taiwan||Comparable to Taiwanese Master’s degree standard|
* Comparable to RQF Level 7 (Master’s degree standard)
The FRM Certification is approved by the Occupational Skill Testing Authority (OSTA) and the Ministry of Human Resources and Social Security (MOHRSS) in China as a National Vocational Qualification Certificate. Over 780,000 people from around the globe have registered for and taken the FRM Exam over the last 25 years, including 15,000 FRM certified professionals currently employed by every major Chinese financial institution. Upon successful completion of the program, candidates in China will receive a certificate acknowledging their achievement and inclusion among a select group of global risk managers. They will also receive a certificate in Chinese and verify their certification status at http://gjzs.osta.org.cn to be listed as globally certified risk professionals.
As the field's leading designation, the FRM Certification is the key indication of candidates with proven ability and experience. To earn it, you must not only pass two challenging and rigorous exams, but also spend at least two years working in the field. By earning your FRM Certification, you will prove your skill at identifying, analyzing, and mitigating risk at a high level, and showcase your ability to add value to firms in a number of specialized areas.
View an analysis on GARP’s comprehensive survey of 1,500+ financial risk management professionals to learn what they do, where they work, and the skills and knowledge they need to perform their jobs amid a changing environment for risk management.