Frm Aim Statements 2011
2011 FRM® Examination AIM Statements
2011 Financial Risk Manager (FRM®) Examination AIM Statements
Topic Outline, Readings, Test Weightings The Study Guide sets forth primary topics and subtopics under the five risk-related disciplines covered in the FRM exam. The topics were selected by the FRM Committee as topics that risk managers who work in practice today have to master. The topics are reviewed yearly to ensure the FRM exam is kept timely and relevant.
Readings Questions for the FRM examination are derived from the readings listed under each topic outline. These readings were selected by the FRM Committee to assist candidates in their review of the subjects covered by the exam. It is strongly suggested that candidates review these readings in depth prior to sitting for the exam.
FRM Examination Approach The FRM exam is a practice-oriented examination. Its questions are derived from a combination of theory, as set forth in the readings, and “real-world” work experience. Candidates are expected to understand risk management The FRM exam is a practice-oriented examination. Its questions are derived from a combination of theory, as set forth in the readings, and “real-world” work experience. The FRM examination is also a comprehensive examination, testing a risk professional on a number of risk management concepts and approaches. concepts and approaches and how they would apply to a risk manager’s day-today activities.
The Financial Risk Manager Handbook, 6th Edition, by Philippe Jorion (New York: John Wiley & Sons, 2011), covers most of the FRM examination topics at the appropriate level. However, please note that the FRM Handbook was designed to help candidates review the material and is not a textbook. Alone, the FRM Handbook is not sufficient to prepare a candidate to pass the examination. The FRM Handbook includes an interactive eLearning platform with questions and answers from previous FRM exams to assist candidates with their exam
2011 Financial Risk Manager (FRM®) Examination AIM Statements
Topic Outline, Readings, Test Weightings The Study Guide sets forth primary topics and subtopics under the five risk-related disciplines covered in the FRM exam. The topics were selected by the FRM Committee as topics that risk managers who work in practice today have to master. The topics are reviewed yearly to ensure the FRM exam is kept timely and relevant.
Readings Questions for the FRM examination are derived from the readings listed under each topic outline. These readings were selected by the FRM Committee to assist candidates in their review of the subjects covered by the exam. It is strongly suggested that candidates review these readings in depth prior to sitting for the exam.
FRM Examination Approach The FRM exam is a practice-oriented examination. Its questions are derived from a combination of theory, as set forth in the readings, and “real-world” work experience. Candidates are expected to understand risk management The FRM exam is a practice-oriented examination. Its questions are derived from a combination of theory, as set forth in the readings, and “real-world” work experience. The FRM examination is also a comprehensive examination, testing a risk professional on a number of risk management concepts and approaches. concepts and approaches and how they would apply to a risk manager’s day-today activities.
The Financial Risk Manager Handbook, 6th Edition, by Philippe Jorion (New York: John Wiley & Sons, 2011), covers most of the FRM examination topics at the appropriate level. However, please note that the FRM Handbook was designed to help candidates review the material and is not a textbook. Alone, the FRM Handbook is not sufficient to prepare a candidate to pass the examination. The FRM Handbook includes an interactive eLearning platform with questions and answers from previous FRM exams to assist candidates with their exam