FRM® Exam Prep That Helps You Pass the First Time

Become a Financial Risk Manager and Make a
Name for Yourself​

Your journey begins with the Financial Risk Manager (FRM) exam.​

Today, the FRM certification is considered THE premiere designation in international finance and economics. ​

FRM is a rigorous 2-part exam offered by the Global Association of Risk Professionals (GARP). STC has partnered with AnalystPrep to offer aspiring financial professionals the #1 FRM exam prep learning platform on the market.​

Your #1 FRM Exam Prep Solution​

STC has partnered with AnalystPrep to offer you a learning experience that better
prepares you for your FRM exam. Financial professionals achieve more with the
#1-rated FRM platform.​

single-image

Most Trusted Content

You can study confidently knowing that the training content is reviewed and kept up to date with the latest curriculum changes.​

single-image

Speed & Convenience

Video lessons are designed to help you master the curriculum in just a fraction of the time you’d spend reading through tons of textbook pages.​

single-image

Pass Your Exam on the First Try

Performance tracking tools give you valuable insights into your learning progress allowing you to focus on topics you still need to master.​

single-image

Visuals and Illustrations​​

Engaging training videos that include the best illustrations to better explain and teach complex concepts.​

single-image

Real-World Scenarios

Learn the practical side of your studies and how your FRM certificate applies to real-world examples.​

The Path to Your FRM® Exam Preparation Success​ ​​

In order to become a certified Financial Risk Manager, you need to pass two
challenging exams. On top of that, you’ll be expected to accumulate two years of work
experience in a field related to risk management.

By choosing STC as your FRM exam prep partner, you have a partner every step
of the way. Join the thousands of candidates each year and pass your exam
the first time.​

Study Notes & Video Lessons

Pinpoint the necessary concepts covered in the official GARP books
with access to 2,000 pages of study materials and 93 hours of video
lectures.

Customizable Quizzes & Mock Exams

Be better prepared for exam day with FRM mock exams which accurately simulate exam day.

FRM Question Bank

Build up your knowledge base step by step though a question bank of
over 3,000 FRM practice questions.

Performance Tracking

Gain invaluable insights into your performance, including the ability
to compare your results with more than 50,000 of your peers worldwide

FAQs about the FRM Exam​

When can I take the FRM exam?​

Part I exams are given three times a year, in May, August, and November. Part II exams are given twice a year, in May and November.

What are the costs to becoming a FRM?

Registration prices vary based on the exam administration and whether the candidate is enrolling for the first time. Please refer to the GARP FRM Fees and Payments page for a more detailed pricing breakdown.

What experience do I need to register?

There are no educational or professional prerequisites needed to register for the FRM exam.

What are the requirements for the FRM Certificate?

  • Pass the FRM Exam Part I

  • Pass the FRM Exam Part II by December 31 of the fourth year of passing the FRM Part I

  • Submit two years of full-time relevant financial risk management work experience

How much study time is required for each exam?

According to the GARP, candidates should study at least 200–240 hours for each part of the exam, or 400–480 hours total.

What are the pass rates for FRM exams?

It’s the most esteemed and widely accepted risk management certification. The pass rates for the November 2021 FRM Exam was 45% for Part I and 63% for Part II. Since 2013, the pass rates have averaged between 40 to 60 percent.

What is the average salary for someone with an FRM Certificate?

According to Payscale and Glassdoor, the annual salary for a professional who works in financial risk is anywhere from $75k - $128k annually.

What is the minimum passing score?

There is no such fixed defined minimum passing score set by the institute [GARP] as a minimum passing percentage. As highlighted by the institute, around 46% is the pass percentage for FRM level 1 and this passing percentage keeps fluctuating between 40% – 60%. every year.

How can I submit my work experience?

After a candidate receives an email notification that they passed the FRM Exam Part II, they will be prompted to submit two years of full-time work experience in their GARP account. Candidates have five years from the date they pass the FRM Exam Part II to submit their professional experience or else they will have to retake the Exams and re-enroll in the program as a new candidate.

Once my work experience is approved, when can I expect my certificate to be sent?

Certificates are sent out the month following the approval date of your work experience submission. For example, a candidate whose work experience is approved on January 15 will have their certificate sent out by the end of February, if not sooner.

Once I obtain my FRM certificate, is participating in Continuing Professional Development (CPD) mandatory?

FRMs are encouraged to participate in the program in order to stay up to date on current issues and maintain the advanced level of proficiency demonstrated during the certification process.

What are the CPD program requirements?

In order to successfully meet the program requirements, you will need to earn 40 credits (approximately 40 hours) every two years.

Learn More Why STC is Your Preferred
FRM Exam Prep Provider​​