What is the salary for an FRM certificate? What are the employment directions?

According to relevant data, in my country, the average salary of FRM certificate holders is generally more than 200,000, and some can even earn 1 million; in the United States, the average annual salary of FRM certificate holders can reach 100,000. Around USD. The salary of an FRM certificate holder still depends on the individual's work ability.

Related introduction to the salary and benefits of FRM certificate

The salary of domestic FRM certificate holders ranges from 200,000 to 1 million, and the salary of foreign FRM certificate holders: about 150,000 US dollars.

The average salary level of financial risk managers at the same level is not as good as that of the business department, but it should be higher than that of IT, finance and other back-line departments. It is not enough but more than the bottom. The salaries offered by different companies are also very different. For example, a joint venture securities company can offer double the salary to the same person and the same position. In addition, the treatment of each bank is also different. The company will pay the salary according to the certificate holder's own ability. The salary of risk management positions in fund companies may be lower than that of securities companies.

Employment directions for frm certificate holders

The employment directions for frm certificate holders include: fund managers, financial brokers, investment bank managers, bank presidents, risk management managers, commercial bank risk Controllers, financial unit auditors, CFO, MIS, CIO, asset managers, risk consultants, corporate accounting and audit departments, investment bank managers, financial informatization personnel, securities analysts and assistants, insurance financial planners, etc.

FRM certificate is a stepping stone for many people to enter the financial industry. In the future development, they can accumulate work experience and move to better jobs.

Other values ??of the FRM certificate

1. Holding the FRM certificate shows that you have a certain ability to solve problems

The FRM certificate is a stepping stone to open new fields. Brick, through the study of FRM, you can master the operational key management thinking of dealing with financial risks and lay the foundation for practical ability. Learning FRM is to better help companies discover and solve problems. Some job recruitment profiles for risk management positions will state that those with FRM certificates will be given priority for admission.

2. The FRM certificate is highly recognized.

The FRM certificate itself is extremely valuable and has been approved by Wall Street and many well-known European and American financial institutions, risk management departments of large companies, and government regulators of various countries. and approval from financial regulatory authorities. It is also a relatively professional certification in the field of financial risk management; it is also a necessary condition for working in the risk management department of multinational institutions. Needless to say, it has a very high degree of recognition in China, and many cities also have strong policy support. For example, cities such as Beijing, Shanghai, Guangzhou, Shenzhen and other cities all provide incentives such as settlement and cash subsidies for FRM holders.

3. Comparable degree level of FRM

According to independent benchmarking research conducted by the UK’s National Accreditation Information Center (NARIC), FRM is comparable to master’s degrees in nine national and regional education systems .

Based on this highly specialized content, complex candidate requirements and industry-based curriculum, the UK National Accreditation Information Center considers the FRM to be equivalent to degree standards in countries and regions such as the United States, the United Kingdom and the European Union.

Therefore, the FRM certificate should be one of the must-take certificates in the financial field. It is recommended that college students and people engaged in finance take the FRM certificate.