FRM

EXAM PREP

2015

Guide to

FRM EXAM
Preparation

FRM PROGRAM OVERVIEW

FRM EXAM DETAILS

FRM EXAM REGISTRATION

STUDY PACKAGES

EXPERT INSTRUCTION

Why Kaplan Schweser?

FRM Program Overview

Kaplan Schweser is the leading global provider of

financial education for hundreds of thousands of
students and business professionals around the world.
Our comprehensive learning strategy, known as The
Kaplan Way, utilizes learning science in the instructional
design of our educational tools and courses. The
Kaplan Way employs a three-phase learning strategy:
Prepare Practice Perform. By using this model as
our foundation, we have constructed the most effective,
comprehensive study packages in the industry, each
specifically designed to help our students achieve
success on the FRM Exam.

The Global Association of Risk Professionals (GARP) established the FRM

designation to identify and recognize risk professionals who are qualified
to make informed decisions based on current, globally accepted industry
standards. At Kaplan Schweser, we know that the FRM Exam is challenging.
With recent pass rates close to 50%, this exam requires a comprehensive
study plan to ensure success. Trust Kaplan Schweser, the leader in financial
exam prep, and feel confident that our all-inclusive Study Packages will
exceed your expectations and provide you with the ultimate study plan to
help you pass the FRM Exam!

Kaplan Schwesers mission is to help our students

succeed, and we have been the proven leader in FRM
Exam preparation for over 20 years:

Set Yourself Apart

Our education is backed by learning science (The

Kaplan Way: Prepare Practice Perform)
We offer world-class, expert instruction by
Certified FRMs with years of teaching experience
94.1% of our customers would recommend Kaplan
Schweser FRM Exam prep

PREPARE

PRACTICE

Now is the Time to Pursue the FRM Designation

Expand your knowledge and comprehension of financial risk management
concepts.

Grow Your Global Networking Connections

Join the elite group of over 28,000 global Certified FRMs.

Increase Your Opportunities

Boost your credibility and respect from employers, peers, and clients.

Free Resources:

PERFORM

Why Pursue?

Why Schweser?

Public FRM Blog

LEARN MORE

888.325.5072 (U.S.) | +1 608.779.8397 (Intl.) | www.schweser.com/frm

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FRM

2015

EXAM PREP

FRM PROGRAM OVERVIEW

FRM EXAM DETAILS

FRM EXAM REGISTRATION

STUDY PACKAGES

EXPERT INSTRUCTION

Exam Dates: May 16, 2015 | November 21, 2015

2015 FRM Exam Details
Part I

Part II

100 multiple-choice questions

80 multiple-choice questions

Test Session: 8 am12 pm ET

Test Session: 2 pm6 pm ET

250 recommended hours of study

250 recommended hours of study

Topics:

Topics:

Foundations of Risk Management

Market Risk Measurement and Management

Quantitative Analysis

Credit Risk Measurement and Management

Financial Markets and Products

Operational and Integrated Risk Management

Valuation and Risk Models

Risk Management and Investment Management

Current Issues in Financial Markets

Part I Exam Topics and Weights

Part II Exam Topics and Weights

The 2015 Part I FRM Exam, consisting of 100 multiple-choice

questions, tests a candidates knowledge base in four main topic
areas. These topics by weight include:

The 2015 Part II FRM Exam, consisting of 80 multiple-choice

questions, tests a candidates knowledge base in five main topic
areas. These topics by weight include:

Part I Topic Outline

Part II Topic Outline

Topics Covered

Exam Weight

Foundations of Risk Management

20%

Quantitative Analysis

20%

Financial Markets and Products

30%

Valuation and Risk Models

30%

Topics Covered

Exam Weight

Market Risk Measurement and Management

25%

Credit Risk Measurement and Management

25%

Operational and Integrated Risk Management

25%

Risk Management and Investment Management

15%

Current Issues in Financial Markets

10%

888.325.5072 (U.S.) | +1 608.779.8397 (Intl.) | www.schweser.com/frm

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FRM

2015

EXAM PREP

FRM PROGRAM OVERVIEW

FRM EXAM DETAILS

FRM EXAM REGISTRATION

STUDY PACKAGES

EXPERT INSTRUCTION

Enroll and Register in the FRM Program

To enter into the FRM Program, candidates must pay a one-time enrollment fee and the required

REGISTER NOW

exam fees for each part.

1. Registration
Register for the Part I and/or Part II Exam:
May Dates and Fees
Registration Deadlines

November Dates and Fees

Returning & Enrolled
Candidates*

New Candidates

Registration Deadlines

New Candidates

Returning & Enrolled

Candidates*

Early Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Early Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Dec. 1, 2014Jan. 31, 2015

Exam Fee: $350

Exam Fee: $350

May 1, 2015Jul. 31, 2015

Exam Fee: $350

Exam Fee: $350

TOTAL: $650

TOTAL: $350

TOTAL: $650

TOTAL: $350

Standard Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Standard Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Feb. 1, 2015Feb. 28, 2015

Exam Fee: $475

Exam Fee: $475

Aug. 1, 2015Aug. 31, 2015

Exam Fee: $475

Exam Fee: $475

TOTAL: $775

TOTAL: $475

TOTAL: $775

TOTAL: $475

Late Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Late Registration

Enrollment Fee: $300

Enrollment Fee: N/A

Mar. 1, 2015Apr. 15, 2015

Exam Fee: $650

Exam Fee: $650

Sep. 1, 2015Oct. 15, 2015

Exam Fee: $650

Exam Fee: $650

TOTAL: $950

TOTAL: $650

TOTAL: $950

TOTAL: $650

Exam Date: May 16, 2015

Exam Date: November 21, 2015

2. Exam Locations
Select Your Exam Site
For the 2015 FRM Exams, there are approximately 90 exam sites
in 51 countries. Both Part I and Part II are offered at all locations.
For a complete up-to-date listing and to choose your exam site,
please click here.

3. Study for the Exam

Purchase Study Materials
Take advantage of select discounts and prepare with Kaplan Schweser.
Trust that our all-inclusive Study Packages will exceed your exam prep
expectations and help you pass the FRM Exam! Learn More.

* All prices are listed in U.S. dollars and include the $150 GARP enrollment/membership fee required of all candidates. Membership is good for
one full year from the effective date of the registration. All deadlines are final as of 11:59 PM ET on the date listed.
For a full description of all possible fees associated with the 2015 FRM Exam, please visit the GARP website.

888.325.5072 (U.S.) | +1 608.779.8397 (Intl.) | www.schweser.com/frm

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FRM

2015

EXAM PREP

FRM PROGRAM OVERVIEW

FRM EXAM DETAILS

2015 FRM
Study Packages
Online Exam Review Workshop
Package
- Online Exam Review Workshop
- Mock Exam
- Secret Sauce*

PremiumPlus

$749

FRM EXAM REGISTRATION

STUDY PACKAGES

Premium Instruction Essential Self Study

$599

$399

Online Weekly Class

SchweserPro QBank

SchweserNotes*

Schweser's QuickSheet*

Practice Exams

Schweser Study Calendar

Ask Your Instructor

Online

Online

PDF

Instructor-Led Office Hours

Schweser Online Resource Library

Schweser PassProtection

*O
 ption for printed or electronic version is available. Electronic version includes eBooks through
VitalSource for SchweserNotes, Schwesers QuickSheet, and Schwesers Secret Sauce.
Receive up to 50% off 2016 Premium and PremiumPlus packages if you do not pass the 2015 exam.
PassProtection cannot be combined with any other discount. You must call Customer Service
to redeem.

The Kaplan Schweser study package was structured to help

me get the most efficient use of my study time and enabled me
to enter the exam room confident that I would end up with a

EXPERT INSTRUCTION

Instruction Packages
PremiumPlus Package: Our most
comprehensive package includes
everything you need to prepare,
practice, and perform for the FRM
Exam. Efficient, effective study tools
expert instruction and guidanceplus
a final review to reinforce everything
youve learned just before exam day for
maximum confidence.
Premium Instruction Package:
The Premium Instruction Package
combines expert instruction with our
most popular study materials to give
you a strong foundation for you to
prepare, practice, and perform on
the FRM Exam. If you prefer the
guidance of experienced instructors
to make the best use of your study
time, then this package is right for
you. In addition to expert instruction
through real-time, interactive
webcasts, you also receive our
complementary study tools that instill
the critical topics covered in class.

Self Study Package

Essential Self Study Package:
The Essential Self Study Package is
an excellent choice for candidates
who want a comprehensive FRM study
program, but would prefer to prepare,
practice, and perform on their own.
Bring clarity and focus, as well as
flexibility and efficiency, to your FRM
Exam preparation. With the help of
SchweserNotes and our easy-touse online tools, you can master the
difficult FRM curriculum at your
own pace.

positive result.
Isaac Kuznits

888.325.5072 (U.S.) | +1 608.779.8397 (Intl.) | www.schweser.com/frm

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FRM

EXAM PREP

FRM PROGRAM OVERVIEW

FRM EXAM DETAILS

2015

FRM EXAM REGISTRATION

Schweser Instruction

STUDY PACKAGES

EXPERT INSTRUCTION

Online Weekly Class

Online Weekly Class*

Included in the PremiumPlus and Premium Instruction Packages

This live webcast brings structure and focus to any FRM study plan.
Our expert instructors know the FRM curriculum and how to prepare
for the exam. You will learn critical concepts quickly, gain knowledge
from an industry expert, and stay actively engaged in the FRM
curriculum with:

May
Instructor: Dr. John Paul Broussard, CFA, FRM

Quizzes, problem solving, and sample exam questions

to reinforce key concepts

Dates

February 25April 29, 2015

TIme

Tuesdays, 6:309:30 pm ET

Date

August 25Oct 27, 2015

Time

Thursdays, 6:309:30 pm ET

Dates

August 27Oct 29, 2015

May
Instructor: Dr. John Paul Broussard, CFA, FRM
Part I

6 hours of review with instant feedback during Q&A sessions

Part II

*Archives of the Online Weekly Class and Online Exam Review

Workshop will be available until May 31, 2015, for May courses and
November 30, 2015, for November courses.

Wednesdays, 12:303:30 pm ET

Online Exam Review Workshop

Most candidates spend months studying for the FRM Exam. This live
webcast allows you to conditionally finish your exam prep. Specifically
created for late-season preparation, this interactive online review
occurs days before the exam and gives exactly what you need in order
to build your confidence to perform effectively on the FRM Exam. The
workshop provides:

LEARN MORE

Time

Part II

Included in the Online Exam Review Workshop Package

Coverage of key concepts and strategies

February 23April 27, 2015

Part I

Online Exam Review Workshop*

The opportunity to develop an overall exam-day strategy

Date

November
Instructor: Dr. Greg Filbeck, CFA, FRM, CAIA

Ability to review instructors slides prior to or after each session

Instant feedback from the instructor during lecture and
Q&A sessions

Mondays, 12:303:30 pm ET

Part II

3-hour sessions of intensive FRM instruction for 10 weeks

On-demand review of sessions anytime, anywhere

Time
Part I

Time

Tuesday & Wednesday, 12:30 pm3:30 pm ET

Date

May 5, 6

Time

Monday & Tuesday, 12:30 pm3:30 pm ET

Dates

May 11, 12

November
Instructor: Dr. Greg Filbeck, CFA, FRM, CAIA
TIme

Saturday, 9:30 am4:30 pm ET

Date

October 31

Time

Sunday, 9:30 am4:30 pm ET

Dates

November 1

Part I

Part II

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