FRM® — The Global Benchmark in Risk
Two parts, run alongside your degree, that take you from probability and distributions to live limit monitoring on a real trading book.
- GARP
- Recognised in 130+ countries
- 2 Parts
GARP Recognised in 130+ countries.
At a glance
Duration
1.5–2 years, run alongside your degree
Eligibility
No formal degree requirement to sit the exams; two years of relevant experience needed for certification
Structure
Part I and Part II — sequential
Recognition
Global Association of Risk Professionals — 130+ countries
Delivery
Live classes + full LMS + recorded sessions
Overview
What is the FRM?
The global benchmark in market, credit and enterprise risk.
The Financial Risk Manager designation, awarded by the Global Association of Risk Professionals, is the global benchmark in market, credit and enterprise risk. It is the credential that bank risk desks, regulators and hedge funds hire against. Where the CFA asks what an asset is worth, the FRM asks what it could cost you when it goes wrong — and gives you the models to quantify that.
- Awarded by GARP, recognised in 130+ countries
- Covers market, credit, operational and enterprise risk
- Deep coverage of VaR, stress testing and the Basel framework
- Built for bank risk desks, treasury, insurance, hedge funds and regulators
- Two sequential parts, no exemptions
GARP
Awarding body
130+
Countries recognised
2 parts
Sequential, no exemptions
₹8–16 LPA
Starting range, rising to ₹25–60 LPA at 7–10 years
Indicative market ranges, not a guarantee of placement or compensation.
The degree integration pathway
Risk is a quantitative discipline.
Risk is a quantitative discipline.
Start building the maths early.
Students on any bachelor’s programme — B.Com, BAF, BMS, BFM, BBI or B.Sc. (Accounting & Finance) — can run the FRM alongside their degree. You finish graduation with Part I cleared, a Python risk-modelling portfolio and live exposure to VaR computation and limit monitoring at a working fund.
Bachelor’s Degree
3 years / 6 semesters
FRM Programme
Part I and Part II
Risk career at a tier-1 desk
Part I cleared, modelled and interned before graduation
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1
Sem 1–2
FRM Part I foundations: risk management concepts, quantitative analysis. Excel: risk workbooks and exposure schedules.
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2
Sem 3–4
Part I completion and exam. Python for Finance: distributions and VaR calculation. Market Risk with Excel.
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3
Sem 5–6
Part II applied risk. Risk analytics internship at the EduEdge Mauritius FPI fund — VaR computation, exposure and limit monitoring.
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4
Post-degree
Part II exam, FRTB and Basel III, quant finance capstone.
Syllabus
What you study, part by part
Two sequential parts. Part I gives you the tools; Part II applies them across every risk class.
Part I — foundations of risk
Foundations of Risk Management
Quantitative Analysis for Risk
Financial Markets and Products
Valuation and Risk Models
Probability Distributions and Statistical Modelling
What this part makes you able to do
You can compute a VaR, price a derivative and explain how a risk framework is governed.
Part II — applied risk management
Market Risk Measurement and Management
Credit Risk Measurement and Management
Operational Risk and Resiliency
Liquidity and Treasury Risk
Risk Management and Investment Management
Current Issues in Financial Markets
What this part makes you able to do
You can stress-test a book, model counterparty exposure and map a portfolio against regulatory capital.
Included as standard
What’s included with every part
Modelling, analytics and a live risk desk are part of the programme, not a paid add-on.
Bloomberg Exam Prep integrated
Full curriculum coverage, 4,000+ practice questions, topic-wise drills and 20+ full-length mocks.
Taught by market practitioners
Faculty from investment banks, funds and research desks. We run an FPI hedge fund ourselves.
Live classes + full LMS
Post-college hours, full LMS access, recorded sessions, doubt clinics and milestone tracking.
Financial modelling with Excel & Python for Finance
Three-statement and DCF models, comparables, VaR engines, backtesting and Power BI dashboards.
Application-oriented training through capstone projects
Applied model building in Excel, Python and Power BI.
Integrated internship + interview prep
Equity research, risk analytics and asset management exposure at our Mauritius FPI hedge fund and asset management company, plus interview prep and CV rebuild.
| Part I | Part II | |
|---|---|---|
| Add-on modules | Risk Modelling with Excel 1 · Market Risk with Python 1 · Basel and regulatory compliance module · Placement readiness and interview prep | FRTB and Basel III regulations · Risk Modelling with Excel 2 · Market Risk with Python 2 · Capstone: quant finance and risk · Placement readiness and interview prep |
| Internship desk | Risk analytics: VaR computation, exposure and limit monitoring | Bank risk, treasury and regulatory reporting desk: live limit and capital work |
| Modelling layer | Excel: risk workbooks and exposure schedules. Python: distributions and VaR calculation | Excel: stress-testing and scenario engines, credit and derivative risk models. Python: backtesting and model validation. Power BI: enterprise risk dashboards |
Why EduEdge
Why students choose us
A live fund, globally benchmarked material, and modelling built into the course.
Led by a Stanford alumnus
Prof Harjeet A Singh: MS Financial Mathematics, Stanford; CFA, FRM, CAIA, PRM, CMT; former consultant to the Ministry of Finance, Government of India.
A live hedge fund, not a simulation
We run the Minerva India QRAC Fund, an FPI fund in Mauritius, a JV with Minerva Ventures. Interns work alongside the quant and risk team on live VaR, exposure and limit monitoring.
Exclusive India partner for Kaplan and Bloomberg Exam Prep
Globally benchmarked prep material and app access included.
NSDC and Skill India accredited
Industry-recognised certification under the Skill India Mission.
Modelling built into every level
Excel, Python and Power BI are part of the course, not a paid add-on.
25,000+ students trained
Across BFSI, investment banking, risk, analytics and consulting.
50+ university and college collaborations
Including HSNC University, H.R. College, JBIMS, N.L. Dalmia, Bharati Vidyapeeth, Christ University, IIM Raipur and Lala Lajpatrai College.
Two Mumbai centres
Bandra West and Churchgate, with weekend and weekday batches built around a college timetable.
Success Begins with Great Mentors
It is with great enthusiasm that we introduce the International Finance Pathway, which embeds the FRM programme directly into your bachelor’s degree. Students graduate with a university degree, a globally portable risk credential and live desk experience earned in the same window.
Professor. Harjeet A Singh
Founder & CEO | EduEdge Pro
Stanford University Alumnus |
CFA, FRM, CAIA, PRM, CMT |
Visiting Faculty - IIM
- 15+ years in Global Markets
- MS in Financial Mathematics, Stanford University
- Former Consultant – Ministry of Finance, Govt. of India
- Trained over 25,000 students worldwide
Careers
Where the FRM takes you
From credit and treasury through model validation to quantitative risk management.
| Role | Indicative range | Core capability |
|---|---|---|
| Risk Analyst | ₹8–16 LPA | Market and credit risk measurement |
| Credit Risk Analyst | ₹7–12 LPA | PD/LGD modelling, credit spreading |
| Treasury Analyst | ₹8–15 LPA | Liquidity, ALM, funding |
| Market Risk Analyst | ₹9–18 LPA | VaR, sensitivities, limit monitoring |
| Regulatory Reporting Analyst | ₹8–15 LPA | Basel, FRTB, capital reporting |
| Model Validation Analyst | ₹10–20 LPA | Backtesting, model governance |
| Quant Analyst / Risk Manager | ₹15–35+ LPA | Quantitative modelling, book oversight |
- CFA / FRM pathway — ₹6–12 L at graduation, ₹60 L–₹2 Cr+ at 10+ years
- Plain B.Com — ₹3–5 L at graduation, ₹10–20 L at 10+ years
Indicative market ranges, not a guarantee of placement or compensation.
Top recruiters
Where FRM holders work
Grouped by sector.
Risk & Advisory
Government & Regulatory
Investment Banks
Markets & Trading
Big 4 & Professional Services
Insurance & Actuarial
Asset & Wealth Management
FinTech
Compare
How the FRM compares
Four credentials, four different desks. This is how they differ.
| ACCA | US CMA | CFA | FRM | |
|---|---|---|---|---|
| Awarding body | ACCA, UK | IMA, USA | CFA Institute, USA | GARP |
| What it certifies | Global accounting, audit, assurance, taxation, IFRS reporting and financial management | Management accounting, costing, budgeting, FP&A and strategic financial decision-making | Investment analysis, valuation, portfolio management, ethics and professional standards | Market, credit, operational and enterprise risk; VaR, stress testing, Basel frameworks |
| Structure | 14 exams across three levels | 2 parts | 3 levels, preceded by Investment Foundations | 2 parts |
| Exemptions | Up to 9 papers | None | None — sequential levels | None — sequential parts |
| Suits you if | You want a globally portable accounting qualification | You want to sit inside a business, planning and deciding | You are drawn to companies, valuation, deals and client-facing investment work | You are drawn to mathematics, models and quantifying downside |
| Typical destination | Big 4, GCCs, shared service centres, IFRS reporting teams | MNC corporate finance, FP&A, controllership, business partnering | Investment banks, equity research, asset management, corporate finance, consulting | Tier-1 bank risk desks, insurance, hedge funds, regulators |
You are not locked in. CFA and FRM combine naturally — many students complete CFA Levels I and II alongside FRM Part I. Your orientation counselling session will map the right pathway for you.
Batches
Upcoming batches
Each batch is built around a specific exam window, and runs in post-college hours.
| Programme | Batch starts | Duration | Target exam window | Schedule |
|---|---|---|---|---|
| FRM Part I | 20 Sep 2026 | 4–6 months · 90+ hrs | May 2027 · Aug 2027 | 1 weekend + 1 weekday · Online + Lab |
| FRM Part II | 27 Sep 2026 | 4–6 months · 90+ hrs | May 2027 · Aug 2027 | 1 weekend + 1 weekday · Online + Lab |
Seats are limited and batches close once full.
Fees
Programme fees
Priced per level, inclusive of training, study material, LMS access, the certificate modules listed, and the integrated internship.
| Programme | What the fee covers | Fee |
|---|---|---|
| FRM Part I | Training + integrated internship + Risk Modelling in Excel Certificate 1 + Python for Risk 1 Certificate + BloombergPrep LMS | ₹60,000+ GST |
| FRM Part II | Training + integrated internship + Risk Modelling in Excel Certificate 2 + Python for Risk 2 Certificate + BloombergPrep LMS | ₹70,000+ GST |
Bundle
CFA Level I + Level II
Both levels, single enrolment, continuous mentoring and one internship placement.
₹1,10,000
+ GST
Saves ₹20,000
Bundle
CFA Level I + FRM Part I
The dual-credential combination: investment analysis plus risk, in one academic year.
₹1,10,000
+ GST
Saves ₹10,000
Most popular
Bundle
FRM Part I + Part II
Both parts, single enrolment, risk lab access and one internship placement.
₹1,10,000
+ GST
Saves ₹20,000
All fees exclusive of GST. EMI options available — speak to a counsellor. GARP registration and exam fees are paid directly to GARP and are not included.
Partners & accreditations
Who we work with
Globally benchmarked material, nationally recognised certification.
FAQs
Questions students ask
If yours is not here, a counsellor will answer it directly.
The Financial Risk Manager designation awarded by GARP, the global benchmark for market, credit and enterprise risk professionals.
There is no formal degree requirement to sit the exams. Certification requires two years of relevant professional experience, which can be completed after you pass.
Yes. Students commonly clear Part I during their bachelor’s degree and complete the experience requirement afterwards.
Two. Part I covers the tools of risk; Part II applies them across market, credit, operational, liquidity and investment risk.
Roughly 200–300 hours per part is the commonly used benchmark.
Both parts are multiple choice: Part I is 100 questions, Part II is 80.
In scheduled windows several times a year, with Part I offered more frequently than Part II.
Many students do both. CFA and FRM combine naturally: Level I and Level II of the CFA sit comfortably alongside FRM Part I. Counselling will map it to your timetable.
Risk modelling in Excel, Market Risk with Python, Basel and FRTB coverage, a quant finance capstone and a live risk-analytics internship.
Market and credit risk, treasury, model validation, regulatory reporting, and quantitative risk management at banks, hedge funds, insurers and regulators.
Clear FRM Part I before you graduate.
Speak to a counsellor about which pathway fits your degree, your timetable and the desk you want to end up on.
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Bandra West (HQ)
401/402/403, Dheeraj Plaza, Hill Road, Bandra (W), Mumbai 400050
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Churchgate
5th Floor, Cambata Building (East Wing), Eros Cinema, Churchgate, Mumbai 400020
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Call us
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. FRM® is a registered trademark of GARP. CMA® is a registered trademark of IMA. ACCA is a registered trademark of the Association of Chartered Certified Accountants. EduEdge Pro is an independent training provider and is not endorsed by these bodies.