What is the passing rate of FRM exam?
The passing rate of frm qualification examination is low over the years:
May 20265438 frm pass rate +0
The passing rate of frm level 1 examination: 47%
Pass rate of frm level 2 examination: 59%
FRM exam content
The frm qualification examination is divided into two grades, namely, the frm first-level examination and the frm second-level examination. The examination contents are as follows:
Frm Level 1 exam: quantitative analysis, valuation and risk modeling, risk management foundation, financial market and products;
Frm Level 2 Examination: Operational Risk and Elasticity, Liquidity and Capital Risk Measurement and Management, Market Risk Management and Measurement, Credit Risk Management and Measurement, Investment Risk Management, Frontier Topics in Financial Markets.
In addition to the prescribed examination subjects, the frm qualification examination also involves:
(1) English knowledge
Frm is put forward in English, and the examination method is also in English. American English accounts for a large proportion in frm exam. In addition, the frm exam will also involve some English expressions of financial professional vocabulary, such as futures, bonds, financing, risk interest rate and so on.
(2) Mathematical knowledge
The Frm exam subjects contain mathematical knowledge, and the difficulty is close to that of the postgraduate entrance examination for finance majors. The mathematical investigation involved in frm is mainly the inference and estimation in probability theory and statistics, and may also involve the investigation of matrix and calculus knowledge in high numbers.
What is the difficulty of FRM exam?
(1) examination subjects
The knowledge involved in frm examination subjects includes Bayesian formula, CAPM formula, hypothesis testing, T distribution, futures hedging, exotic options, interest rate futures and other concepts, and there are many knowledge points involved in frm examination subjects.
(2) Other implied themes
Frm test subjects also imply requirements for mathematics and English ability. Candidates need to have certain math and English skills in order to successfully answer and complete the frm exam.
(3) Knowledge and expertise of 3)frm examination subjects
The subject-related knowledge points of frm qualification examination are professional. As far as Bayesian formula and CAPM formula are concerned, it is difficult to learn frm exam well without professional basic knowledge of finance.
In addition, frm is a financial risk management exam, and the knowledge points for preparing for the exam are rather boring. It is suggested that candidates can also combine life examples or some interesting cases, and they can also study in combination with financial hotspots of the year.