FRM

FRM Course Fees 2024: Eligibility, Duration, Salary

FRM Course Fees 2024

Exams have a significant impact on a person’s future job and way of life. Individuals typically show up for a test in order to develop in their careers and get professional reputation. In light of this, among other study courses, there is a crucial one called Financial Risk Management (FRM) that aids students in gaining certain information and abilities that are in demand by various organizations. As a result, if you’re interested in learning more about this course, make sure to read the entire article as it will provide you with valuable information that will ultimately influence your career decisions.

What is the FRM Course?

The Financial Risk Management (FRM) course is designed for individuals who possess the ability to effectively handle risks and uncertainties. This one-year certification program covers topics in financial and commercial risk management, as well as operations management. A successful completion of this FRM course opens up a wide range of career options, including risk manager, regulatory risk manager, commercial risk manager, and more.

Furthermore, FRMs are also equipped with critical knowledge concerning risk assessment. Moreover, FRM are linked to employment in regulatory bodies, big banks, accountancy firms, insurance businesses, and asset management companies.

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FRM Course Fees

The cost of the FRM part 1 exam varies according to the exam registration. The breakdown of FRM part 1 fees is provided below.

Early Registration Fee: If candidates register during the early phases, they get access to discounts and the fees stand around 40,000.

Standard Registration Fee: In case the early registration ends, the fee that the candidates are required to pay is around 40,000.

In addition, candidates must pay a one-time enrollment fee of 40,000 in order to sit for the FRM part 1 or part 2 exam. It’s also important to keep in mind that the pricing schedule is subject to alter annually.

FRM Course Duration

The FRM course can be completed in between 1 to 2 years, maximum.

Eligibility for FRM Course

There are no such requirements for candidates to be eligible for the FRM course. This is due to the possibility that students who are final-year graduates may be qualified for the FRM Part 1 exam.

However, in addition to being a current GARP member, candidates must have a minimum of two years of work experience. As a result, it’s critical that candidates find out who should enroll in this course. In light of this, students who want to pursue an MBA in Sales and Marketing may choose this course. Additionally, a small number of individuals with bachelor’s degrees in related fields of study are also eligible to register in this course.

FRM Course Salary

The pay scale for FRMs in India varies depending on the organization one works for, however it often falls between ₹9 lakhs and ₹11.5 lakhs. However, as it would add to their experience, FRM graduates can work to raise their compensation by accepting internships in reputable businesses.

Syllabus of FRM Course

There are two main sections to the FRM course program, each covering five essential topics. The principles of risk management are the main topic of the first section. In contrast, quantitative analysis and financial markets are the main topics of the second section.

Part 1 Syllabus

  • Quantitative Analysis
  • Foundations of Risk Management
  • Valuations and Risk Models
  • Financial Markets and Products

Part 2 Syllabus

  • Market and Credit risks
  • Operational Risks and Resiliency
  • Treasury and Liquidity Risk Management
  • Current issues in financial markets
  • Investment management
  • Risk management

To ace the test, you must extensively study the topics listed above for both of the FRM sections.

FRM Course Salary in India

The average annual compensation for an entry-level financial risk management (FRM) candidate with less than three years of experience is Rs 3.9 lakhs. Additionally, the average annual compensation for a mid-career FRM with 4–9 years of experience is Rs 9.6 lakh.

FRM Course in India: Your Gateway to a Thriving Career in Finance

Conclusion

In conclusion, it is reasonable to say that FRM is a highly helpful course for MBA candidates specializing in sales and marketing. We think you ought to know by now whether or not FRM courses are important to you. We encourage you to enroll in this course and submit an application for the test if you think it would be helpful for you. Fintelligents provides you best FRM Cousre. To have a better knowledge of how to take the exam, you can also speak with your classmates who have completed this course. We hope you do well on your next FRM tests.

FAQs

What is FRM (Financial Risk Management)?

The Financial Risk Management (FRM) course is designed for individuals who possess the ability to effectively handle risks and uncertainties. This one-year certification program covers topics in financial and commercial risk management, as well as operations management.

Is FRM better than CFA?

This purely depends upon your career goals and interests.

What is the FRM salary?

The typical monthly compensation for FRM in India is between $50,000 and $70,000; however, this also relies on factors including region, experience, and qualifications.

Can I take FRM after the 12th?

No, only candidates who have graduation degrees or final year students can enroll.