News

News

FRM Programme Expansion

27/02/09

Due to the current economic climate and impact on the global financial system GARP (Global Association of Risk Professionals), has recently announced an expansion of the FRM programme.

Starting in November, GARP will begin transitioning the FRM programme to a two Part examination format.   The full FRM exam will run for the last time and, for the first time, Part I of the new two Part FRM exam programme will commence.

Course Breakdown

Part I  - will cover core areas of risk management, such as quantitative analysis, financial markets and products plus essential risk modelling.

Part II (Starting in 2010)  -  will cover specific topics on the practical implementation along with execution of measurement and management of market, credit and operational risk, as well as a new section covering current issues in financial markets.

Beginning in May 2010, and again in November, both Partss I and II will be offered to candidates. This offering schedule will continue permanently into the future.

As a result of this change BPP will be offering a Part I course for the November 2009 exam and both Part I and Part II for the May 2010 exam.  We believe this approach will allow delegates to fully master the syllabus at each Part and maximise their chances of passing the exams. Although it’s our recommendation to master one part at a time, we will also be happy to assist delegates who wish to sit the full exam in November by offering exam preparation for the Part I component of the full FRM exam.  Please note that the training programme will be the same for delegates who decide to either sit Part I or the full exam in November and relates only to the Part I syllabus.

To find out further information regarding the FRM programme expansion, please visit the GARP website (www.garp.com/frmexam/faq.aspx) for further details.