FRM
The leading global credential for financial risk management, ideal for professionals in or targeting risk, treasury, markets, or banking.
Who it's for
Those pursuing careers in risk management, treasury, banking, markets, and asset management.
Structure
- Two exams:
- Part I: Foundations, quantitative analysis, financial markets & products, valuation.
- Part II: Market risk, credit risk, operational risk, liquidity & treasury risk.
- Two years of relevant work experience required.
Skills you'll build
- Market risk
- Credit risk
- Operational risk
- Quantitative analysis
- Valuation & models
- Treasury & liquidity
Time & Cost
Typically completed in 1–2 years; self-study is common.
Continuing Professional Development (CPD)
GARP encourages ongoing CPD but does not mandate annual hours.
Best Free Resources
- GARP — FRM study materials
Official FRM learning objectives, sample exams, and practice questions.
How to start: Register free with GARP to access candidate materials.
- Corporate Finance Institute (CFI)
Free accounting fundamentals and finance courses (audit option available).
How to start: Create a free account and choose the free/audit option.
- Microsoft Learn — Excel & Power BI
Free, self-paced training in Excel and Power BI—essential analyst skills.
How to start: Free with a Microsoft account; optional PL-300 exam is paid.
- Coursera & edX
Thousands of university finance/accounting courses (audit free; financial aid available for certificates).
How to start: Free account; click 'Audit' or apply for financial aid.
See the full free-resource library
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