Just passed the FRM level, is it useful?

1, FRM is a strict and recognized qualification certification in the field of financial risk management. Even if it is only one level, it can also play a corresponding role.

FRM Part 1 The examination focuses on the fundamentals of financial markets, theoretical knowledge of financial instruments and methods for measuring risks. The second part of the exam focuses on practical application ability on the basis of the previous part.

The examination structure of part 1 is as follows:

1. Risk management basis (20%)

2. Quantitative analysis Quantitative analysis (20%)

3. Financial markets and products Financial markets and products (30%)

4. Valuation and risk modeling. Valuation and risk model (30%)

100 the difficult multiple-choice questions must be completed within 4 hours, not counting the time to fill in the answer sheet, with an average of only 2 minutes and 40 seconds for each question.

Being able to pass such a difficult exam is enough to prove that you have a solid understanding of financial instruments, derivatives and risk management. These are all things that can be transformed into practical work ability, and naturally they are not useless.

2. For different groups of people, primary adoption of FRM has different uses.

College students who have not graduated:

Since the summer vacation of junior year, most students are busy preparing for next semester's autumn tricks. But if you suddenly find that you don't like your professional counterpart's work, it's too late to accumulate experience in the high-paying financial industry. At this time, the role of FRM level is highlighted.