{"id":2030,"date":"2023-07-05T17:49:45","date_gmt":"2023-07-05T12:19:45","guid":{"rendered":"https:\/\/www.thewallstreetschool.com\/blog\/?p=2030"},"modified":"2023-09-30T08:16:21","modified_gmt":"2023-09-30T02:46:21","slug":"frm-course-scope-in-india","status":"publish","type":"post","link":"https:\/\/www.thewallstreetschool.com\/blog\/frm-course-scope-in-india\/","title":{"rendered":"Does FRM Course has a Scope in India &#8211; A Student&#8217;s Opinion"},"content":{"rendered":"<p><strong>Is FRM the best fit for you? Does FRM Certification Course have a Scope in India<\/strong><\/p>\n<p>Whether you&#8217;re new to finance or considering a career change, you&#8217;ve probably wondered, &#8220;What should I do to advance my skills in order to stand out in the job market?&#8221; You may have come across the Financial Risk Manager (FRM) course during your search.<\/p>\n<p>If you&#8217;re not sure whether FRM is the ideal course for you to devote your time, energy, and money in, keep reading for some useful insights before you make a decision.<\/p>\n<p>Financial Risk Manager (FRM) certification provided by Global Association of Risk Professionals (GARP), is a globally recognized course for risk management. It is a road to pursuing a career in risk management and advancing your abilities.<\/p>\n<p>Ever since the Global Financial Crisis, importance of risk management has increased significantly across the companies and FRM has been in great demand ever since. It tests a candidate\u2019s ability to assess, measure and monitor risk in real world situations. Individuals are required to truly understand the concepts and later apply those in their risk management career.<\/p>\n<p><strong>The career prospects after the completion of the certification are:<\/strong><\/p>\n<ul>\n<li>Risk Analyst<\/li>\n<li>Risk Manager<\/li>\n<li>Auditor<\/li>\n<li>Chief Information Security Officer<\/li>\n<li>Chief Risk Officer<\/li>\n<li>Compliance Manager<\/li>\n<li>Compliance Officer<\/li>\n<li>Data Specialist<\/li>\n<li>Environmental Compliance Specialist<\/li>\n<li>Information Security Risk Manager<\/li>\n<li>Model Risk Specialist<\/li>\n<li>Regulatory Affairs Manager<\/li>\n<li>Risk and Compliance Investigator<\/li>\n<li>Technology and Cyber security<\/li>\n<li>Treasury Manager<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.thewallstreetschool.com\/frm-coaching-program\/?&amp;utm_source=Website&amp;utm_medium=Blog&amp;utm_campaign=Website_Blog_2030\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-1897\" src=\"https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad-1024x1024.jpg\" alt=\"\" width=\"500\" height=\"500\" srcset=\"https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad-1024x1024.jpg 1024w, https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad-300x300.jpg 300w, https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad-150x150.jpg 150w, https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad-768x768.jpg 768w, https:\/\/www.thewallstreetschool.com\/blog\/wp-content\/uploads\/2023\/06\/FRM-Ad.jpg 1200w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><br \/>\nIn order to earn the certification, a candidate has to not only clear two rigorous exams but also provide work experience of 2 years in the relevant field.<\/p>\n<p><strong>Part 1 is a 100 multiple choice questions exam of four hours and comprises of four topics, namely:<\/strong><\/p>\n<ul>\n<li>Foundation of Risk Management<\/li>\n<li>Quantitative Analysis<\/li>\n<li>Financial Markets and Products<\/li>\n<li>Valuations and Risk Models<\/li>\n<\/ul>\n<p><strong>Part 2 is an 80 multiple choice questions exam of four hours and comprises of six topics:<\/strong><\/p>\n<ul>\n<li>Market Risk Measurement and Management<\/li>\n<li>Credit Risk Measurement and Management<\/li>\n<li>Operational Risk and Resiliency<\/li>\n<li>Liquidity and Treasury Risk Measurement and Management<\/li>\n<li>Risk Management and Investment Management<\/li>\n<li>Current Issues in Financial Markets<\/li>\n<\/ul>\n<p>Part 1 and Part 2 examinations happens thrice in a year in the months of May, August and November.<\/p>\n<p>Within four years of clearing the part 1, the candidate has to clear part 2 to avoid retaking part 1. Exams are conducted via Computer Based Testing. The candidate must have completed the 12th grade as a minimum requirement. There is no higher age limit.<\/p>\n<p>Individuals across the globe, age groups and backgrounds sit for this exam to up skill themselves. After clearing both the parts, candidate has to provide 2 years of work experience within five years.<\/p>\n<p>After becoming certified, a financial risk manager must demonstrate specific attributes, since simply finishing the course is insufficient. The following is required of the FRM holder:<\/p>\n<ul>\n<li>To work with large quantities of data and interpret these numbers.<\/li>\n<li>To identify risk correctly and find ways to mitigate or deal with these risks.<\/li>\n<li>To keep up with industry trends.<\/li>\n<li>To proper articulate financial reports and processes for the stakeholders.<\/li>\n<\/ul>\n<p><strong>It is possible to ace the examinations on the first attempt with a good strategy and study plan in place, as well as committing at least 500 hours to each part.<\/strong> GARP approved exam prep provider, <a href=\"https:\/\/www.thewallstreetschool.com\/frm-coaching-program\">The Wallstreet School<\/a> provides you with complete support you need in your risk management career, including:<\/p>\n<ul>\n<li>120+ hours of recorded lectures which you can watch at your own comfort from anywhere and as many times as you like.<\/li>\n<li>Lectures delivered by an industry specialist who believes in a hands-on approach to prepare you for both examinations and your risk management career.<\/li>\n<li>Summarized formula cheat sheets with a study planner guide.<\/li>\n<li>Questions banks, comprising of 1000+ questions which will prepare you for the real exam.<\/li>\n<li>Active discussion forums for doubt solving and learning from your peers.<\/li>\n<li>User friendly portal.<\/li>\n<li>One-on-one guidance from the coach.<\/li>\n<\/ul>\n<p>Now that you know what the course entails, we hope you will be able to make an educated decision. You, too, can become a FRM holder and progress your career with the proper materials, coaching, and perseverance.<\/p>\n<p>All the best!<\/p>\n<p>We look forward to seeing you at The Wallstreet School.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is FRM the best fit for you? Does FRM Certification Course have a Scope in India Whether you&#8217;re new to finance or considering a career<\/p>\n","protected":false},"author":17,"featured_media":1378,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-2030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-frm"],"_links":{"self":[{"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/posts\/2030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/comments?post=2030"}],"version-history":[{"count":0,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/posts\/2030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/media\/1378"}],"wp:attachment":[{"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/media?parent=2030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/categories?post=2030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thewallstreetschool.com\/blog\/wp-json\/wp\/v2\/tags?post=2030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}