{"id":4550,"date":"2025-02-26T16:24:04","date_gmt":"2025-02-26T10:54:04","guid":{"rendered":"https:\/\/www.thewallstreetschool.com\/blog\/?p=4550"},"modified":"2025-09-17T15:59:03","modified_gmt":"2025-09-17T10:29:03","slug":"how-to-start-your-frm-part-1-preparation","status":"publish","type":"post","link":"https:\/\/www.thewallstreetschool.com\/blog\/how-to-start-your-frm-part-1-preparation\/","title":{"rendered":"How to Start Your FRM Part 1 Preparation?"},"content":{"rendered":"

The<\/span> Financial Risk Manager<\/span><\/a> (FRM) Part 1 exam is a globally recognised certification for risk professionals. The Global Association of Risk Professionals (GARP) administers it and focuses on financial risk assessment tools.\u00a0<\/span><\/p>\n

The exam consists of 100 multiple-choice questions and is offered via computer-based testing (CBT) three times a year- in May, August, and November. Candidates get four hours to complete the test.\u00a0<\/span><\/p>\n

However, the <\/span>FRM part 1 preparation<\/span> is no piece of cake. It takes hours of practice and studying the right materials. Read on to learn the correct way for your <\/span>FRM part 1 preparation<\/span>, its structure, and best practices.<\/span><\/p>\n

FRM part 1 exam structure<\/span><\/h2>\n

Your <\/span>FRM part 1 exam preparation<\/span><\/a> starts with learning the weightage of the topics it has. This exam covers four primary topics:<\/span><\/p>\n\n\n\n\n\n\n\n
Topic<\/b><\/td>\nWeightage<\/b><\/td>\n<\/tr>\n
Foundations of Risk Management<\/span><\/td>\n20%<\/span><\/td>\n<\/tr>\n
Quantitative Analysis<\/span><\/td>\n20%<\/span><\/td>\n<\/tr>\n
Financial Markets and Products<\/span><\/td>\n30%<\/span><\/td>\n<\/tr>\n
Valuation and Risk Models<\/span><\/td>\n30%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

How much time should you study?<\/span><\/h2>\n

The time required for <\/span>FRM part 1 preparation<\/span> depends on your background, learning speed, and familiarity with financial risk concepts. On average, candidates spend 240 to 300 hours studying for the exam.\u00a0<\/span><\/p>\n

However, study hours vary. Some manage with less than 100 hours, while others exceed 400 hours. For thorough preparation, aim for at least 300 hours to cover all topics, revise, and practice mock exams effectively. You can:\u00a0<\/span><\/p>\n