FRM Exam 2022 – Dates and Registration Process

Updated on March 29, 2024
Article byWallstreetmojo Team
Edited byAshish Kumar Srivastav
Reviewed byDheeraj Vaidya, CFA, FRM

FRM Exam 2022

The certification course of Financial Risk Management (FRM) is considered one of the most reputed certifications in the file of banking and finance. The FRM certification is globally recognized by institutions like the Global Association of Risk Professionals (GARP), USA. For certification, one must clear the FRM exams conducted twice a year. The examination is divided into two parts and features multiple-choice questions. The candidate should pass both the parts consecutively to get the certificate. These FRM exams are administered on paper, with no option for computer-based tests. However, registration on the GARP’s website portal is available.

This article discusses the FRM exam patterns, important FRM registration dates, and the overall registration process.

FRM Exam

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FRM Exam Pattern 2022

  • FRM exams are conducted twice a year on third Saturdays in May and November.
  • The exam consists of multiple-choice questions with four options.
  • There is no negative marking in the examination.
  • The exam evaluates the candidate’s understanding of a financial risk manager’s decisions during real-time situations.
  • The questions are self-explanatory and contain all the information needed to answer them.

FRM Exam 2022: Dates to Remember

Now that you know the exam pattern, you must remember some important dates.

Returning Candidate Exam Fees Part 1 (MAY 7-20, 2022 )

FRM Part 1 & Part 2 Returning candidate - Exam Fees

Below are the important FRM exam 2022 enrollment fees and important dates.

FRM Part I and III Exam Fees 2022

source: GARP

Remember these dates and apply before it is too late.

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FRM 2022 Registration Process

Now that you know the dates let us have a look at the registration process for FRM 2022: –

FRM Exam Selection Information

The first section is exam information, where you have to select the exam type to appear. Then, choose the option that is most appropriate for you. For example, you can choose FRM part 1 or both FRM part 1 and part 2 from the drop-down against the ‘Exam Registering For:.’

FRM exam selection

Selecting your FRM Exam Location

Once you have selected the option of your liking, you can proceed and put your preferred examination center in the ‘Exam Site.’ Then, select the preferred examination center from the various test center cities worldwide from the given list.

Provide your e-mail and name for proceeding and creating a GARP account.

Frm Exam registration

Opting for Official FRM Study Material

Once you have provided the personal details, you can select the official study material from GARP for FRM exams. The print edition of the FRM exam Part 1 book costs $300, and the e-book edition may cost you $250. Please note that these are optional; however, they are non-refundable.

FRM Exam Books 2022

Complimentary GARP Membership

With your FRM registration, you can get one year of complimentary membership to GARP. This membership provides access to a closed network of risk professionals.

If you need any assistance in preparing for the FRM exam, you can also check the box here – “need help studying?”. Your e-mail and contact details are shared with the authorized FRM exam preparation providers. They may contact you and help you with their exam preparation offerings.

Frm garp

Billing Address

The next section would involve providing your home address or a work address. Enter the address properly in the given fields. You can also enter your company’s address and name in these details. Please note that company details are optional for billing purposes.

FRM Exam 2021 Billing Address

Payment Details

With this, we come to the payment details section. You may pay for the examination through a credit card, credit card via fax, check, and wire transfer. If you opt to pay through a credit card, you need to enter the details of your credit card and your billing address. 

FRM Exam 2021 payment details

Membership Auto-Renewal and Confirmation

If you desire to auto-renew your membership, there is a checkbox under the heading ‘Membership Auto-Renewal’; you may verify that. If you select any payment option other than a credit card, it will send you an e-mail on your registered id describing the procedure for payment.

Frm Exam 2021 Candidate Responsibility

source: GARP

By following these easy steps, you may register for the FRM exam 2022.

We wish you all the best for the FRM exam 2022.

Reader Interactions

Comments

  1. Tariq says

    Hi Dheeraj,

    I enrolled for FRM in Jan 14 but did not get a chance to appear in exam. Now my question is if I will clear level one and till that time my enrolment period of 4 yrs will expire then I again need to sit for level one or just need to pay enrolment fee and can sit for only level 2. pls help.

    Thanks
    Tariq

    • Dheeraj Vaidya says

      Hi Tariq, important and a difficult question for me to answer. Given the criticality of the question, best is to get this answered by GARP. You may contact them here.

  2. Hitesh Bhatia says

    Hi Dheeraj,

    Hope you are doing well.

    I want to opt for financial modelling. Can you please guide me for the study material for financial modelling. I heard that if i need to complete the course or any training needs to be taken then i should at least complete the CFA level 1 study material first to have the understanding for financial modelling.

    Please guide me if i am mistaken and what will be study material. how can i start from basics to till finish line via study material.

    For your information:- I have done M.B.A as a distance course and have almost 6 years of experience working under the domain of capital market (in financial reporting, N.A.V reconciliation process) but wanted to go in financial modelling.

    Thanks,
    Hitesh Bhatia

    • Dheeraj Vaidya says

      Hello Hitesh, Completing CFA level 1 for Financial Modeling is not an absolute must. Just that accounting concepts are used for financial modeling. If you have done your MBA, then you should have a basic understanding of accounting to jumpstart Financial Modeling. Infact, we have trained engineers on Financial Modeling with no knowledge on accounting to start with.

  3. Kiran Patil says

    Thanks Dheeraj. .

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