300Hours: Finance Certifications Hub for CFA, FRM & CAIA
FRM Exam Guide 2026: Everything You Need to Know
10 Feb 2026
The FRM (Financial Risk Manager) is a 2-part computer-based exam offered by GARP, considered the top credential for risk management careers. You need to pass both parts (~250 hours study each) and show 2 years of risk management work experience. Total cost: $1,000-1,400. Pass rates: 42-47% (Part 1), 45-50% (Part 2). Offered 3x yearly (May, Aug, Nov). Difficulty equivalent to a Master's degree. Takes most candidates 1-2 years to complete both parts. Worth it if you're serious about risk management ...