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Become a Certified Global Risk Professional
with GARP's FRM® Certification
FRM Examination Structure I and II
The FRM certification is structured into two sequential exams, testing both foundational understanding and real-world application.
FRM Part I:
Foundations of Risk
FRM Part II:
Application & Practice
Your Path to FRM®
Certification
The first exam evaluates how well candidates understand the language, frameworks, and models of risk that underpin modern financial systems.
100 multiple-choice questions
Foundations of Risk Management
Quantitative Analysis
Financial Markets and Products
Valuation and Risk Models
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