FRM — Financial Risk Manager (GARP)
The leading global credential for financial risk management.
Comparing options? Read ACCA vs CPA vs CMA vs CFA →Who it's for
Those in or targeting risk, treasury, markets or banking.
Structure
Two exams: Part I (foundations, quantitative analysis, markets & products, valuation) and Part II (market, credit, operational, liquidity & treasury risk), plus two years' experience.
Time & cost
Often 1–2 years; self-study is common.
Careers
Risk management, treasury, banking, markets and asset management.
The skills you'll build
Many of these serve more than one path.
Best free resources for this path
Curated and vetted, with how to start.
Official FRM learning objectives, sample exams and practice questions from GARP.
How to start: Register free with GARP to access the candidate materials.
Free Accounting Fundamentals and finance courses you can audit free.
How to start: Create a free account and choose the free/audit option.
Free, self-paced Excel and Power BI training — essential analyst skills for any finance path.
How to start: Free with a Microsoft account; the optional PL-300 exam is paid.
Thousands of university finance/accounting courses you can audit free; financial aid for certificates.
How to start: Free account; click 'Audit', or apply for financial aid for a certificate.
Continuing professional development (CPD)
GARP encourages ongoing CPD; there is no mandatory annual hours requirement.
Get these hours for free →Information is a guide and may change; always confirm details and requirements on the body's official site. Resources are independent third parties not affiliated with Fileminder.