Financial Risk Manager - FRM- PPT[1]

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The Certification for The Certification for Financial Risk Financial Risk Professionals Worldwide Professionals Worldwide The failure of BEAR STERNS and LEHMAN BROTHERS as well as the bailout of AIG, CITIGROUP etc. has shown that no body is too big to fail. Failure of these financial conglomerates is clearly the consequence of a disregard of sound Risk Management Practices. If there is one discipline that is going to dominate the investment fraternity in future, it is Risk Management.

Transcript of Financial Risk Manager - FRM- PPT[1]

Page 1: Financial Risk Manager - FRM- PPT[1]

The Certification for Financial The Certification for Financial Risk Professionals Worldwide Risk Professionals Worldwide

The failure of BEAR STERNS and LEHMAN BROTHERS as well as the bailout of AIG, CITIGROUP etc. has shown that no body is too big to fail. Failure of these financial conglomerates is clearly the consequence of a disregard of sound Risk Management Practices. If there is one discipline that is going to dominate the investment fraternity in future, it is Risk Management.

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Discover the FRM…Discover the FRM…• In 1997,108 candidates registered for the first ever FRM exam offered by the

GARP.• In Nov. 08, more than 13500 candidates appeared the FRM exam in 78 locations

around the world.• FRM is a Gold Standard, practice oriented certification for risk managers. • Global Network of 17673 FRMs in 90 countries across the globe.• FRM broadens skill set and demonstrates a standardized level of knowledge within

the field of financial risk management.• Members hold positions as/in –

Chief Risk Officer Risk Manager Analysts Operations Technology Sales Audit/Accounting Compliance Treasury Academic Institutions

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Benefits of FRM CertificationBenefits of FRM Certification

• You will be recognized across the globe as a Leader in Financial Risk Management • You will be more desirable to executive recruiters and hiring managers since they are now

seeking FRM holders for senior risk management jobs more than ever before • The FRM professional certification differentiates you from your peers • Studying the broad concepts underlying risk management in today's dynamic market

environment will give you a holistic view and appreciation for the role risk management plays in an enterprise

• Provides you with the feeling of personal achievement and the satisfaction of conquering an exam developed by the best risk management practitioners in the world

• Objectively benchmarks your knowledge of the major strategic disciplines of financial risk management:

• Market Risk • Credit Risk • Operational Risk • Risk Management in Investment Management

• Allows you to join an elite group of 17673 FRMs across the globe with the only risk management certification recognized worldwide

• Expands your personal and professional opportunities within the world of finance • Provides you with the ability to network with some of the world's leading financial risk

management professionals

Reasons why you should consider obtaining your FRM...

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Overview of FRM ExamOverview of FRM Exam• GARP revised its FRM certification program in

response to the evolving global markets, and in recognition of the growing complexities associated with the profession of financial risk management.  The FRM program’s syllabus was revised to more adequately measure a candidates understanding of the tools necessary to assess financial risks, and the candidates ability to apply those tools in a practice-type setting. 

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Cntd…• In 2010, both Part I and Part II of the FRM Exam will be

offered on May 22nd and November 20 •  Each Exam Part will be 4 hours in length.  Part I will be

administered in the morning and Part II in the afternoon.• The FRM Exam Part I will have 100 multiple-choice

questions.  The FRM Exam Part II will have 80 multiple-choice questions. 

• You are allowed to register for both the FRM Exam Part I and Part II on the same day. Part I will be offered in the morning and Part II in the afternoon. But your part II will be graded only after you

• Classes offered on weekends by Mr. Sanjay Saraf

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TOPIC AREAS• The FRM Exam Part I will cover the following topics:• Financial Markets and Products• Foundations of Risk Management• Quantitative Analysis• Valuation and Risk Models•  • The FRM Exam Part II will cover the following topics:• Market Risk Measurement and Management• Credit Risk Measurement and Management• Operational and Integrated Risk Management• Risk Management and Investment Management• Current Issues in Financial Markets

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Break Up of FRM ExamBreak Up of FRM Exam

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Candidates RegisteredCandidates Registered Historical Pass RateHistorical Pass Rate

Registration for the May 22, 2010 Exams will open on Tuesday, December 1, 2009.

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The FRM Certification Program is Expanding• Over 3,000 organizations worldwide with 2008 FRM Candidates.424 organizations represented by five or more FRM Candidates.

• 424 organizations represented by five or more FRM Candidates.

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Qualifying Job Titles for the FRM Qualifying Job Titles for the FRM Certification ProgramCertification Program

Please visit the following link for details – http://www.garp.com/frmexam/qualiifying_job_titles.aspx

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Typical Schedule on a FRM DayTypical Schedule on a FRM Day• For the FRM Exam Part I:• 7:00 a.m.Morning check-in process: Candidates arrive for morning session and begin

check-in process.  All candidates must have their exam ticket, calculator and government issued photo ID ready for inspection.

• 7:45 a.m.Testing doors close:  Once doors close, candidates will no longer be allowed to enter the testing room.

• 8:00 a.m.FRM Exam Part I begins.• 11:30 a.m.30 minutes remaining announcement• 11:55 a.m.5 minutes remaining announcement• 12:00 p.m.FRM Exam Part I ends.At the conclusion of each session, candidates must

remain seated until all exam materials have been collected and counted.  Because of enhanced exam security, this process may require candidates to remain seated for additional time after the 12:00 pm  end times.   

• For FRM Exam Part II:• 1:00 p.m.FRM Exam Part II check-in begins: Candidates arrive for morning session and

begin check-in process.  All candidates must have their exam ticket, calculator and government issued photo ID ready for inspection.

• 1:45 p.m.Testing room closes:  Once doors close, candidates will no longer be allowed to enter the testing room.

• 2:00 p.m.FRM Exam Part II begin.• 5:30 p.m.30 minutes remaining announcement• 5:55 p.m.5 minutes remaining announcement• 6:00 p.m.FRM Exam Part II ends.