The CFA is more difficult. It takes half a year at the earliest to pass the FRM Level 2 exam, and two years at the fastest to pass the CFA Level 3 exam.

Comparison of difficulty between FRM and CFA: 1. The CFA exam may be a little more difficult in terms of difficulty of obtaining the certificate, because CFA requires 4 years of work experience, 3 exams, and it will take 2.5 years to pass Level 3 in one go (assuming half a year of review for Level 1)

; The FRM financial risk manager only requires 2 years of relevant experience and 1 exam (Part 1/2 can be completed in one day).

But in terms of the difficulty of the FRM and CFA exams, the difficulty of the FRM exam is not lower than that of the CFA exam.

2. Although all FRM exams are multiple-choice questions, the exams are all multiple-choice questions that choose one of four options. Under normal circumstances, candidates can only exclude two and wander between the remaining two options.

The CFA exam consists of three multiple-choice questions, which makes it relatively easy to choose.

However, the CFA Level 3 exam is divided into 50% writing and 50% cases, and the writing questions are still relatively difficult.

The FRM Level 1 exam requires a lot of calculations and the exam time is tight. Many candidates cannot complete the FRM Level 1 exam at all.

Of course, the CFA exam also has the problem of time constraints, but in terms of the overall calculation amount and intensity, the FRM exam is more difficult.

3. The CFA exam system is relatively mature, and it is relatively "formal" in terms of teaching materials and exams. However, the FRM exam is an exam that does not follow "routines." It is difficult to understand the rules.

It is still difficult to pass the exam by yourself.