About Frm

The Financial Risk Manager certification is the globally recognized benchmark and professional designation for financial risk managers. If you are in financial risk management, or considering a career in it, then earning the FRM designation is the natural next step. The FRM program is rigorous and is designed to measure a candidate's grasp of the latest technical and industry knowledge; successful completion of the program signifies a candidate's ability to keep pace with a rapidly changing financial landscape. Financial Risk Analysis is requirement of the fast developing financial industry where regulations on the banks are always increasing which demands for more in depth risk analysis and thus Financial Risk Managers.

There are very few courses providing Financial Risk Management training and FRM® program is the most trusted certification in the industry at present.

The FRM program has two levels and each are of 4 hours. The exams are held twice a year, that is in May and November

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Our footprints

ItsCONCEPTS is one of the most revered financial coaching institutes, providing FRM coaching in Mumbai, Our FRM classes are known for focusing on conceptual clarity and helping non-commerce and commerce students alike in understanding the fundamentals of risk management and financial risk analysis. This has led us to become one of the most famous Financial Risk Manager (FRM) training classes in Mumbai.

In addition to providing training, we also provide opportunity to students to take mock tests online. In our Financial Risk Manager Online Test module, we have incorporated two types of mock tests. 1. Subject specific and 2, Full length tests. Results of these FRM online mock tests, which can also be taken on paper at our institute (depending upon convenience of students), are discussed in detail at the institute where all doubts are also cleared. We also provide rapid revision sessions under the course name ‘FRM rapid revision’ & ‘FRM crash course’, which are 2 full day classes usually preferred by students who are not able to take full course because of time constraints.

Lecture deliveries in the FRM classes are structured to make classes interactive and allow students to take class notes which become key components of FRM study material. These notes help in logical connection of FRM concepts and fundamentals and bring out key formulae which help students in retaining the concepts and formulas. So our Financial Risk Manager study module provides candidates with an opportunity to attend full length course, which includes revision and mock test batch or customize the study by choosing for only FRM Mock Test batch or FRM revision batch.

FRM ® Level 1

The FRM level 1 exam will has 100 multiple-choice questions. The exact number of questions is subject to minimal changes.

  • The FRM level 1 exam will has 100 multiple-choice questions. The exact number of questions is subject to minimal changes.
  • Fees mentioned in the table below is applicable if training is taken only for a particular subject and not for total course.
TOPIC AREAS EXAM WEIGHT CLASS ROOM HOURS WEEK-END SESSIONS (3 HRS EACH) WEEK-DAY AND DAILY SESSIONS (2 HRS EACH) CHARGES FOR INDIVIDUAL SUBJECTS (IN INR)
Ethical & Professional Standards 30% 20 7 10 4,500
Foundations of Risk Management 20% 15 5 7 3,000
Quantitative Analysis 20% 12 4 6 3,000
Valuation and Risk Models 30% 15 5 7 4,500
Revision / Doubt Clearing Sessions 12 4 7
2 Mid Term Tests (2 hr each) 4 2 2
2 Full Length Tests (4 hr each) 8 2 2
Total 86 29 40 15,000

FRM ® Level 2

The FRM Level 2 EXAM will have 80 multiple-choice questions. The exact number of questions is subject to minimal change.

  • The FRM level 1 exam will has 100 multiple-choice questions. The exact number of questions is subject to minimal changes.
  • Fees mentioned in the table below is applicable if training is taken only for a particular subject and not for total course.
TOPIC AREAS EXAM WEIGHT CLASS ROOM HOURS WEEK-END SESSIONS (3 HRS EACH) WEEK-DAY AND DAILY SESSIONS (2 HRS EACH) CHARGES FOR INDIVIDUAL SUBJECTS (IN INR)
Market Risk Measurement and Management 25% 18 6 9 4,000
Credit Risk Measurement and Management 20% 15 5 7 4,000
Operational and Integrated Risk Management 25% 15 5 7 4,000
Financial Reporting and Analysis 15%-25% 12 4 6 4,000
Risk Management and Investment 15% 8 3 4 2,400
Current Issues in Financial Markets 10% 10 3 5 1,600
Problem Solving/ Doubt Clearing Sessions/ Full Revision 12 3 6
2 Mid Term Tests (3 hr each) 4 2 2
2 Full Length Tests (6 hr each) 8 2 2
Total 90 42 30 16,000