Professional Documents
Culture Documents
Level 1 Level 2
Covers, in detail, basic financial instruments, markets and con- Covers financial risk management implementation issues
cepts, and risk measurement using VaR. and concepts. Will extend risk measurement beyond
Objective is to ensure the FRM candidate has a good under- VaR, and includes some additional subject areas.
standing of the basic tools necessary to be a successful financial
risk manager. Exam questions would test more on understand- Exam questions test candidate’s knowledge about more
ing concepts than application. advanced uses and applications of the instruments and
4 hours, 100 multiple choice questions: tools covered in Level I. The questions would be more
• Foundations of Risk Management. case study and practice orientated versus those in Level I.
• Quantitative Analysis. • Market Risk Measurement & Management.
• Financial Markets and Products. • Credit Risk Measurement & Management.
• Operational/Integrated Risk Measurement & Manage-
Level 1 fees: USD 3,000 ment.
Discounts apply for early and group registrations • Risk Management in Investment Management.
• Current Issues in Financial Markets.
The Registration fee for the FRM Level 1 program is USD 3,000 including:
The FRM Level 1- review course (77 training hours);
A complete package of study material;
One exam for each module (four exams); and
One comprehensive mock exam.
Cancellation Policy:
A full refund less than administration fees of USD 300 will be given for cancellation requests received up to 5 working
days before the start date. Cancellation must be made in writing (letter or fax) and reach (Developers for Training
and Consultancy–LLC) before the 5 working days deadline.
Delegates who cancel less than 5 days before the event, or who do not attend, are liable to pay the full course fee and
no refunds can be given. However, if they wish to attend the next course, and they have paid the course fee in full,
they will only be invoiced for 25% of that course fee.
Please note that you can transfer only once. The next course must take place within 6 months of the initial application.
Of course, a replacement is always welcome.
Applicant name:
Title:
Signature:
Date:
For further information please call