[ravideepyadav]

Can anyone provide me the details of how to register in FRM GARP. Thanks

[ssu039]

Hi,

First of all, check with ur Credit Card provider the charges that has been levied on ur credit card. I believe that there might have been multiple transactions. Make a note of the same

150 USD is only membership fee, u shouldnt have paid this fee alone. A fresh candidate has to mandatorily pay 550 USD to register for the exam

Rush ur Queries at the GARP Helpdesk regarding for any trouble in processing the payment (Make sure that u check if there has been any payment made on ur credit card)

cheers,

Shyam

Originally Posted by ajit123

Hi friends,

I have been going through the forum for many days and the quality of disussion has been of immense help. I need help of the junta to this problem.

I am trying to pay up the fees for FRM exam and facing a lot of problems. Tried to pay the entire $550 dollars and the transaction was not going through. Then, I tried to pay $150 for the Individual Membership, after repeated trials the transaction was finally successful.

Now when I try to register for exam through, GARP member candidate link which is for Individual members, it again asks me to pay $550. I m really confused, wrote a mail to GARP but they say they will get back within 48 hours.

Please Please help me as the 30th april deadline is fast approaching and I dont wanna shell out some extra bucks.

[Suren_1979]

Hello Guys

This is suren new to this blog. I have 13 years of bkg. experience.

Although this thread replies to most of general queries however I would appreciate if somebody can clarify some basic and specific questions on FRM:

1. How much is the application / usage of FRM in real world ?
2. Is the Exam too difficult for a non-engg. student. and Is 3-4 months study sufficient to crack it?
3. Apart from Jorion Book and Schweser notes, will Core reading be required to complete the course.

Many Thanks

[ssu039]

Hi Andy,

Membership Fees are fees thats charged by GARP from a candidate who is FRM qualified.

For the efficient functioning of the FRM designation, GARP incurrs costs for funding the programs, curriculum development, Research and development etc. So they charge these fees from FRM candidates, for the smooth functioinng and development of this designation.

What this essentially means to us is, If one happens to clear the exam and complete work ex requirement of FRM. They can use the designation FRM alongside their name. If the candidate doesnt pay the membership Fees, he ceases the authority to use the FRM designation.

cheers,

Shyam

Originally Posted by andy_jaan

To be honest I wonder what kind of help someone can offer here as we al are aspirants ourselves. So better try contacting them on phone as some 100 bucks is nothing to get a clear picture on 20,000 plus transaction.
I still have to initiate the process of registration but would like to get some clarification on the membership fees as read somewhere on this thread that they will deduct some annual membership fees every year??:-| Is this mandatory, as I doubt if there are any serious benefits involved against the same.
Andy

[ssu039]

Hi buddy,

Follow this link for FRM exam registration

GARP : Global Association of Risk Professionals

Or Alternately go to GARP : Global Association of Risk Professionals - Financial Risk Management Association

FRM Exam >>> Registration >>> Register

Make sure that ur credit Card has a minimum credit limit of Rs. 24000 before u register for the exam

cheers

Shyam

Originally Posted by ravideepyadav

Can anyone provide me the details of how to register in FRM GARP. Thanks

[ssu039]

Hi Suren,

Welcome to PG

Lol - This isnt a blog but a forum

My 5 cents on ur questions

1. How much is the application / usage of FRM in real world ?

FRM exam conducted by GARP is a professional exam (like CA, CPA) in the area of Risk Management. Its syllabus is updated every year inorder to equip the candidates with the latest developments in Risk Management.

FRM exam is structured in such a way so as to equip the candidates with the knowledge required in all the pillars of Risk Management and the exam is highly application based, which explains its low pass percentage.

There was one GARP candidate brochure on GARP website, which enlisted the employers of GARP candidates. The list included best of the best institutions in finance, the world over (Please search through the GARP website, I dont have that URL currently with me)

2. Is the Exam too difficult for a non-engg. student. and Is 3-4 months study sufficient to crack it?

A non-engg student can definitely crack the exam, but a 3-4 months prep time is not sufficient to crack the exam.

The exam is damn difficult to crack.

3. Apart from Jorion Book and Schweser notes, will Core reading be required to complete the course.

Its highly advisable to have all the three study materials for exam prepn.

cheers,

Shyam

Originally Posted by Suren_1979

Hello Guys

This is suren new to this blog. I have 13 years of bkg. experience.

Although this thread replies to most of general queries however I would appreciate if somebody can clarify some basic and specific questions on FRM:

1. How much is the application / usage of FRM in real world ?
2. Is the Exam too difficult for a non-engg. student. and Is 3-4 months study sufficient to crack it?
3. Apart from Jorion Book and Schweser notes, will Core reading be required to complete the course.

Many Thanks

[abanerjee1983]

Hi!

Does anybody have the ebooks for the books that GARP suggests in its core reading material i.e. the AIM Statements? have been searching high and low and i simply cannot find Essentials of Econometrics by Gujrati or the Robert MacDonald book.
And yes, before u guys telll me this, I am very much aware of the Laxmi Xerox thing but I'm relocating abroad soon and I cant lug away 10 kgs of books alone on a flight.
Any help will be very gratefully received. Thanks anyways

Cheers
AB

[anil84]

Following chapters are there is study guide but not in core readings, so not available in this set.

v Credit Risk Measurement and Management Readings:

> John Hull, Risk Management and Financial Institutions, (New York: Prentice Hall, 2006).

- Chapter 13 – Credit Derivatives

v Operational and Integrated Risk Management, Legal Readings
> Ellen Davis (editor), Operational Risk: Practical Approaches to Implementation (London: Risk Books, 2005).

- Chapter 12 – Aligning Basel II Operational Risk and Sarbanes Oxley 404 Projects, by Nick Bolton and Judson Berkey

Two chapters were missing from CORE Readings.

ü Risk Management and Investment Management Readings
> Lars Jaeger (editor), The New Generation of Risk Management for Hedge Funds and Private Equity Investments, (London: Euromoney Institutional Investor, 2003).

- Chapter 27 – Style Drifts: Monitoring, Detection and Control, by Pierre‐Yves Moix

ü Operational and Integrated Risk Management, Legal Readings
> Kevin Dowd, Measuring Market Risk, 2nd ed., (West Sussex: Wiley & Sons, 2005).

- Chapter 16 Model Risk

[anil84]

No feedback is posted on Training Institutes!!
Has anybody attended any training session!

I heard from someone attending Prinstine Careers is that its ok ok.
They are only providing summary notes, which I guess noting the fact that Schweser Notes are not available till May, is not so comforting.
There sessions also are little faster. Completing in 5 weekends.
Still few may find it good that it would be complete soon.

Another institute IQFI had told that they would provide extensive notes.
I dint hear any comment/feedback so far about them.
Even on this forum also nowhere there name is mentioned.
It’s also not sure what kind of material they will provide? Credentials??

I need to join one training institute to test my preparations.
Pls suggest.
Who else is interested?
Lets make a group.

[Rahul.igidr]

Hi,
i am planning to join pristine..
PM me if u r interested in forming the group.
regards
Rahul

Originally Posted by anil84

No feedback is posted on Training Institutes!!
Has anybody attended any training session!

I heard from someone attending Prinstine Careers is that its ok ok.
They are only providing summary notes, which I guess noting the fact that Schweser Notes are not available till May, is not so comforting.
There sessions also are little faster. Completing in 5 weekends.
Still few may find it good that it would be complete soon.

Another institute IQFI had told that they would provide extensive notes.
I dint hear any comment/feedback so far about them.
Even on this forum also nowhere there name is mentioned.
It’s also not sure what kind of material they will provide? Credentials??

I need to join one training institute to test my preparations.
Pls suggest.
Who else is interested?
Lets make a group.