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frm exam pass rates

FRM Pass Rates: How Hard Are FRM Exams?

Sophie Macon

24 Mar 2025

FRM

Current or potential FRM candidates often wonder what are the FRM pass rates like, in order to have a sense of FRM exam difficulty. This is also a common question we get asked when our readers compare between CFA vs FRM. The short answer? FRM exams are tough, but doable with a proper study plan. In this article, we try to approach this question on exam difficulty objectively, with historical FRM pass rates by part and third party benchmarking studies in order ...