What is the gold content of FRM certificate? What are the application conditions?

FRM, financial risk manager. In the field of risk control, there is no doubt about the gold content of FRM. So what is the gold content of FRM certificate? What conditions can I apply for?

Development prospect of FRM and gold content of certificate

1. Risk management is very important for business development.

When a company wants to develop other types of business on a large scale, especially when the business is complex, it needs professional risk managers to control risks. The faster the company develops, the better. The more talents are needed, and the salary of risk managers will be appropriately increased.

2. There is a big gap in professional talents.

In fact, because of the slow development in China, many people didn't know that such talents existed and many large companies needed such talents, so the gap of senior professionals was particularly large. If there are still a few years of work experience, it will be even more sought after. For college graduates, it is also an opportunity to enter the financial industry, so we should make good use of it. However, the current financial market is different from the traditional financial market. Not only can you get a promotion and salary increase as long as you are qualified, but with the joining of the Internet, there are still many financial companies that need some compound talents. If you can get some IT technical blessings with excellent financial expertise, it will be even more sought after.

FRM application conditions

(1) What are the application conditions for FRM?

Educational requirements

The FRM test has no requirements for academic qualifications, no restrictions on academic qualifications, and no restrictions on candidates' majors and industries. Students can also apply for the FRM exam, and sophomores and juniors can also take the exam. In fact, it is relatively easy for students to pass the exam because they have enough time to prepare for it.

(2) What are the specific requirements for applying for FRM?

1, English level

Candidates who have been exposed to FRM should know that there are certain requirements for English proficiency in international examinations, and the English proficiency of candidates must reach Band 4 to meet the requirements of FRM. Moreover, the focus of the examination is not grammar knowledge, but the use and mastery of vocabulary. For some candidates whose mother tongue is not English, such as China candidates, it's good not to deduct points for grammar mistakes.

2. Mathematics level

The level of mathematics is not hard, but it needs a certain level of mathematics to pass the exam better. For example, the examination subjects of FRM include risk management, quantitative analysis, financial market and financial products, valuation and risk model, market risk management and measurement, credit risk, comprehensive risk and investment risk. These all need a certain level of mathematics to pass the exam, mainly the knowledge of design probability theory and statistics. In fact, FRM's specific requirements for entering the exam are not high.