There are about 15,8 FRM holders in China.

development of FRM in China

(1) FRM entered China in 22, and there are about 15,8 FRM holders in China at present. FRM was approved by Ministry of Human Resources and Social Security as a national vocational qualification certificate in China.

(2) With the opening and rapid development of the domestic financial market, first-class universities in China, including China Renmin University, Central University of Finance and Economics, Shanghai University of Finance and Economics, and Jinan University, have responded to the call of the state and set up FRM major or incorporated FRM certificate courses into their own training system, so as to cultivate high-quality financial talents to adapt to the development of the times.

(3) FRM membership is widely recognized in China, and many governments have listed FRM holders as scarce high-end financial talents.

major cities including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Xi' an, Chongqing, Nanjing, Changsha, Xiamen, etc. have successively issued various preferential policies, and FRM holders can enjoy various preferential treatments such as settlement of points, tax reduction, special bonuses, home purchase subsidies, children's schooling, etc.

employment prospects of frm

FRM (financial risk manager) is the top authoritative international qualification certification in the field of global financial risk management, and it is also one of the most needed risk management certificates for financial professionals. It is most suitable for those who deal with financial risks in institutions.

FRM licensees mainly hold positions including financial risk management department, financial unit audit department, asset management department, fund manager, financial trader, investment banker, risk technology industry, risk consultant industry, enterprise accounting and audit department, etc.

according to Payscale survey, the median salary of financial risk managers in the United States is about 8, to 15, dollars. In addition, as a professional risk management talent, it must be the favorite of all kinds of asset management, investment banks, brokers and insurance companies. It is true that financial companies like FRM talents very much, but more than 5% of FRM licensees work in commercial banks.