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Risk Management

Our company offers preparation to both of the most widely accepted Risk Management designations, FRM – Financial Risk Manager  and PRM – Professional Risk Manager (PRM™). The former is administered by GARP (Global Association of Risk Professionals), the latter - is administered by PRMIA (Professional Risk Management International Association).

Please refer to the following table to compare the two programs:

  FRM PRM
Number of Exams 2 exams (one exam option had been offered for the last time in Nov 2009) 4 exams
Coverage Approximately analogous to PRM Program (a little narrower) Approximately analogous to FRM Program (a little wider)
Exemptions None Depending on other certificates you have you may be exempt from any or all of the four exams
Exam format Paper and pencil multiple choice Computer-based multiple choice
Exam Dates November and May At almost any time during the year
Exam results released 4 to 6 weeks after the exam 15 days after the exam
Possibility to sit for multiple exams on one date No Yes (up to all four)
Exams order Successive Arbitrary
Number of certified members over 17,000 over 2,000
Year started 1997 2002


You will find more information about the respective programs under the links below: