What kind of jobs can I get after passing the FRM exam? How are the salaries and benefits?

If you pass the FRM exam, you can not only work in the financial field, but also enter the corporate accounting and auditing departments. The salary for holding an FRM certificate is generally more than 250,000, or even around 1 million.

frm employment direction

frm employment positions include: CFO, CIO, MIS, investment bank manager, foreign bank financial planner, bank president, securities analyst and assistant, insurance financial management Planners, life insurance planners and assistants, financial unit auditors, financial informatization personnel, financial engineering analysts, financial brokers, fund managers, risk management managers, asset managers, asset liability managers and assistants, risk consultants, Risk Controller etc.

Frm certificate salary and benefits

Frm certificate domestic salary and benefits: 250,000~1 million

FRM certificate foreign salary and benefits: about 1 million

1. The FRM job gap is as high as 300,000

According to data from the FRM Institute of Gordon Online University, China still has 300,000 financial risk managers, and every year Still increasing. Due to the unique nature of the financial risk manager position, which covers many industries, any small-scale company hopes to equip itself with a risk manager. There is a large employment gap in traditional industries such as ordinary banks, securities trading platforms, insurance and financial management, emerging fund investment, asset management, and financial units.

2. International certificates are highly recognized in China

FRM is one of the international certificates that the financial industry needs to hold. At present, domestic financial risk managers often hire foreign teachers and employ internally, so it can be seen that there is still a shortage of FRM talents in China.

3. The annual growth rate of FRM applicants is as high as 38%

After the exam began in 1997, GARP held the exam for the first time in Beijing and Shanghai, China. Only 16 people registered. In 2009, there were more than 20,000 applicants worldwide, in 2015, more than 30,000 people registered, and in 2016, there were more than 2,000 applicants in Beijing alone!

Why is it recommended to take the FRM exam?

As an international certificate, FRM is very cost-effective. The recognition of the FRM certificate is unquestionable and has become a requirement in many banks. Certificate, many companies also require FRM certificate when recruiting.

Generally, candidates can obtain the FRM certificate in one year. Compared with the three-year examination cycle of CFA and the five-year examination cycle of CPA, FRM is a certificate that can help candidates obtain recognition quickly, because the FRM examination There are fewer subjects than other exams. Although it is a bit difficult, it is more specialized. This is another advantage of FRM.