Thursday, October 17, 2013

About the FRM Program

With seismic changes continuing to occur in the financial services industry worldwide, professionals who manage risk, money and investments are recognizing the need to objectively demonstrate a globally standardized level of up-to-date industry knowledge.
Requiring the successful completion of a rigorous two-part, practice-oriented examination, the Financial Risk Manager (FRM) designation provides a bedrock foundation in a profession and industry that is rapidly evolving. Since the FRM Program's inception in 1997, Certified FRMs have achieved positions such as Chief Risk Officer, Senior Risk Analyst, Head of Operational Risk, and Director of Investment Risk Management, to name a few.
The global FRM community is growing dramatically, with Certified FRMs represented at nearly every major banking institution, government regulator, consulting firm and financial services institution around the world.


FAST FACTS
• There are over 26,000 Certified FRMs practicing worldwide
• Over 150,000 registrations for the FRM Exam since 1997
• In 2012, FRM candidates came from 136 different countries and territories
• Registrations for the 2012 FRM Exam represented more than 5,900 organizations globally
• 878 Organizations had 5 or more FRM registrations in 2012
• 30 Organizations had 100 or more FRM registrations in 2012


FRM Annual Growth in Registration Volume, 2002-2012
FRM New Registration Chart

source: GARP (c)

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