FRM® Exam Structure & Content - Financial Risk Manager
Two-Level Format in 2011
GARP® offers both parts of the FRM examination in May and November each Year.
PART 1 FRM®
2011 FRM® Exam Dates: May 22nd and November 20th
The four-hour examination is split into two sections; each is two hours in length with a 30 minute break in between. The FRM® part 1 Exam is given in booklet form and administered in cities all over the world.
The 2011 FRM® part 1 Exam consists of 100 multiple-choice questions that test a candidate's knowledge base of the foundations of risk management.
The four topics covered include:
FRM® Part 2 Exam
2011 FRM® Exam Dates: May 22nd and November 20th
The four-hour examination is split into two sections; each is two hours in length with a 1 hour 30 minute break in between.
The 2011 FRM® Part 2 Exam consists of 80 multiple-choice questions that test a candidate's knowledge of specific topics on the practical implementation and execution of approaches to measuring and managing market, credit, operational and firm wide risks, and also includes a new section covering current issues in financial markets.
The 5 topics covered include:
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