The first-level pass rate of FRM is relatively high. The first-level pass rate of FRM in 2022 is 51%.

The value of FRM is high, and it is the most authoritative certificate in the field of financial risk management. It uses an all-English exam throughout the entire process and is highly recognized by major financial institutions and government agencies.

FRM Level 1 Examination Subject Content There are four FRM Level 1 examination subjects, namely "Fundamentals of Risk Management", "Quantitative Analysis", "Valuation and Risk Modeling", and "Financial Markets and Financial Products".

The proportions are 20%, 20%, 30%, and 30% in order.

"Risk-Based Management": The opening subject of the FRM system, the course content is rich, but the difficulty is not high and it is relatively easy to learn.

"Quantitative Analysis": Covers relevant knowledge about probability theory and statistics.

"Valuation and Risk Modeling": Detailed introduction to the relevant knowledge about bonds, and the calculation amount is relatively large.

"Financial Markets and Financial Products": Including the structure of financial markets and bonds, including financial derivatives, etc., which are related to the other three subjects.

FRM Level 1 Exam Difficulty Judging from the pass rate of the FRM Level 1 exam, the difficulty of the FRM exam is not very high.

It depends on each candidate's personal familiarity and mastery of each subject. Everyone's foundation is different, and their perception of the difficulty of the exam is also different.

When preparing for the exam, it is recommended to focus on your own basic situation and lay a good foundation in each subject. If you encounter something you are unsure of or unfamiliar with, you should seek help from others to improve your knowledge system.

The value of obtaining the FRM certificate. The FRM is a fairly weighted certificate in the field of financial risk management, and its employment direction and prospects are very promising.

In the financial industry, risks and benefits have always coexisted, and ultra-high benefits bring high risks.

In the current financial environment, the future prospects of talents holding FRM certificates are very promising.

The employment directions are roughly as follows: auditors of financial institutions, risk control personnel of commercial banks, fund managers, investment bank managers, asset and liability managers, securities analysts, financial planners of foreign banks, risk management managers, risk consultants and enterprises

Accounting and auditing departments, etc.