The Financial Risk Manager (FRM®) Exam is the globally recognized standard for measuring the skills and knowledge of those who manage financial risk. A practice-oriented examination offered in two parts, questions are designed to relate theory to practical, real-world, problems. As such, candidates are expected to understand risk management concepts and approaches as they would apply to a risk manager?s day-to-day activities. The FRM Exam Part I focuses on the essential tools and concepts required to assess financial risk. Passing the FRM Exam Part I is the first step for an individual to become a Certified FRM.
What type of exams are these ?
| Time Limit: | 4 hours |
| Cost: | Varies |
| Number of Questions: | 100 |
| Format: | Multiple Choice |
| Prerequisites: | None |
| Corequisites: | None |
| Exam Date(s): | May and November |
| Exam Results: | Usually provided within 60 days |
| Official Exam Website: | http://www.garp.org/frm/ |
Only two calculator models are authorized for use during FRA exams:
We recommend BA II plus.
Where we get the study material ?There are many online and offline source
*contact us for Hard copy of the notes
Can I pass the FRM Exam if I do poorly in One Section ?You may still pass the FRM Level I and II Exam even if you fare poorly in one section, but don't count on it.
What score do I need to pass the exams ?The GARP Board does not revel the passing score. However a rough estimate after reviewing score card of many students our institute held that score of 60% is safe.
This means that one needs to attempt around 55 questions out of 100 correct.We are assuming here that 5 bonus will come from blind guess.
Can I take both part I and II on the same day ?Yes .
Yes, we allow students to take two free classes.We do not organize dummy Demo class.In fact we start with Quant,which is supposed to be toughest part of CFA and in IInd Demo we touch Financial Reporting analysis.If one gains substantial understanding of these two grey area then rest of the syllabus is just a piece of cake .
. Why Concepts N Clarity® ?We have one weekend/holiday program for working professionals and one regular class for full time student.We generally cover course 15 days before exam schedule.
When is the next Demo class ?Pls Visit our home page for detail .
“This is the first of three exams offered by the CFA Institute. This exam (in addition to other requirements) must be passed for an individual to become a CFA charter holder. The CFA program is a globally recognized standard for measuring the competence and integrity of financial analysts. Level 1 focuses on tools and concepts that apply to investment valuation and management.
What is the Eligibility Criteria for CFA ?Only two calculator models are authorized for use during CFA Program exams:
We recommend BA II plus .
Where we get the study material ?There are many online and offline source
*contact us for Hard copy of the notes
Can I pass the CFA Exam if I do poorly in the ethics ?You may still pass the Chartered Financial Analysis (CFA) Level I even if you fare poorly in the ethics section, but don't count on it. The CFA Institute has long emphasized that ethics is a particular area of focus for it. The seriousness with which the CFA Institute views ethics is evident from the fact that for exam candidates with borderline total scores, performance on the ethics section can mean the difference between passing and failing the exam. This is true for all three levels of the CFA and not just for Level I.
What score do I need to pass the exams ?The CFA institute does not reveal the passing score. However a rough estimate after reviewing score card of many students our institute held that score of 70% is safe.
This means that in each Exam session(Morning and Evening) one needs to attempt around 80 questions out of 120 correct.
What type of exams are these ?| Time Limit: | 6 hours. |
| Cost: | Varies. |
| Number of Questions: | 240. |
| Passing Score: | Varies Anually. |
| Passing Rates: | As of June 2015, 39%. |
| Format: | Multiple Choice. |
| Prerequisites: | Bachelor's degree or equivalent. An exemption can be made where you can write the level 1 if you a) are in the final year of your undergraduate program, b) have four years of professional experience, or c) have a combination of both, equating to at least four years. |
| Corequisites: | Four years of qualifying work experience must be obtained. |
| Exam Date(s): | June and December. |
| Exam Results: | Usually provided within 60 days. |
| Offical Exam Website: | CFAInstitute.org |
How will CFA benefit my career ?
Employers and media around the world recognize the CFA charter as the standard of professional excellence. With such widespread recognition, CFA charterholders earn a significant competitive advantage for international employment.Top 10 employers of CFA Institute members*:
*Based on self-reported employment data from CFA Institute members.
What Would Be A Expected Salary After passing Lvl l ?CFA certification ensures better earnings for professionals in India as well. An entry level CFA holder earns an average annual salary of Rs. 5 lakhs and with the growing years of experience, the salary figure keeps increasing. Having seven to eight years of experience, a CFA holder can earn an average annual salary of Rs. 15 lakhs. The employer type and working ground also plays a major role in deciding on the CFA salary. Companies irrespective of the size have been paying handsome salaries to CFA credential holders in India.
Yes, we allow students to take two free classes.We do not organize dummy Demo class.In fact we start with Quant,which is supposed to be toughest part of CFA and in IInd Demo we touch Financial Reporting analysis.If one gains substantial understanding of these two grey area then rest of the syllabus is just a piece of cake . .
We have one weekend/holiday program for working professionals and one regular class for full time student.We generally cover course 15 days before exam schedule.
When is the next Demo class ?Pls Visit our home page for detail.