As you all must be knowing that FRM, conducted by GARP, in years ahead will be a two tier-ed exam in two levels LEVEL 1 and LEVEL 2. This is an indication of the growing popularity, importance, relevance and need of more financial risk manager. The following is the announcement on the Official FRM 2009 exam page:
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FRM© Program Expanded
The financial crisis is radically altering the global financial system. As such, the role of the financial risk professional will be more prominent as the industry retools itself for the future. So, now more than ever, risk professionals must be prepared to rise to these new challenges by enhancing their skill set. These increased demands required us to expand the FRM program. Starting this November the FRM program will begin transitioning to a two level examination format.
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This post is to give you a bird's eye view of FRM 2009: the benifits, changed format and improved relevance of the FRM exam. Below are the links you should definitely go through to know more about FRM 2009 (all the rights of the information in the links belong to their respective owners)
- Official GARP FRM 2009 Study Guide
- Official GARP FRM 2009 Frequenty Asked Questions (FAQ)
- Official GARP Letter to Members for new format of FRM
- Official GARP preparation material page
- BPP Professional Education: FAQ on FRM Exam
- Benifits of FRM Certification
I would suggest you all to go through the above links. You should obviously search for more information over the internet, but this post will clear a lot of doubts over the format and changes in FRM 2009 over FRM 2008.
We will be following up with what's new in FRM 2009 and why the new format should drive you to become an FRM all the more, in the post crisis world.
