1, frm level 1 exam

As a certificate with high gold content in the financial field, frm's Level 1 exam is not difficult. Frm Level 1 is an all-English exam, which mainly consists of four parts: risk management foundation, quantitative analysis, financial market and products, valuation and risk model. There are naturally many financial terms, and frm has deep knowledge points.

2. Examination for futures practice

There are two subjects in the futures qualification examination, namely, basic knowledge of futures and futures laws and regulations. After passing the two subjects, you can apply for futures investment analysis. Compared with securities and funds, futures examination is more difficult. For example, hedging and related calculation in the basic knowledge of futures are a major difficulty. The futures qualification examination is really difficult, and the passing rate is generally around 30%-40%.

Frm exam focus:

Financial markets and products are the focus of the examination, including various derivatives (futures, forwards, options, swaps, etc. ), interest rate futures, MBS, etc. It is very important to understand concepts and formulas.

In addition, options, bond valuation and market risk (such as VaR) in valuation and risk model are also the key contents of attention every year. The first two parts have more calculations, especially the quantitative analysis part, and there are more models, so we need to know more.