The FRM Level 1 exam focuses on the basic theoretical knowledge of financial instruments, the basic knowledge of financial markets and their detailed definitions, as well as the methods of measuring risks. Every year, the valuation and risk model also focuses on options, bond valuation and market risk (such as VaR). The first two parts have more calculations, especially the quantitative analysis part, and there are more models. The basic contents of financial risk management theory are also investigated, including financial risk management foundation, quantitative analysis, financial market and products, valuation and risk modeling. Examine candidates' valuation and risk control of financial markets and products, especially derivatives.
FRM Level 1 exam mainly focuses on financial markets and products, valuation and modeling, accounting for 60% of the weight. Make candidates have a basic understanding of financial products and have reasonable control over major financial risks.
Pay attention to these in the FRM level 1 exam in 2022.
Both FRM levels are computer tests, and the test time is in August, which are 1 1 respectively. The exam in August has ended, leaving only 1 1 exam season:
FRM level 1 exam:
165438+1October 5 to165438+1October 18
FRM level 2 exam:
165438+1October 19 to165438+1October 25th.
From the above, we can see that after FRM becomes a computer test, we can choose the test time and take the FRM test within the specified time.
Candidates can re-select an examination time for free during the examination period, and the examination time is selected on a first-come-first-served basis. (For example, candidates can take the exam from1October 10 to1October12). Candidates can also change the examination time to another month's examination cycle, but they have to pay an extension fee of $200.
Note: Candidates need to determine the test sites before 2022 10 and 2 1!