A complete FRM course eligibility and course details
Building a career strong in finance? You perhaps must have come across the term FRM quite frequently. FRM has rapidly evolved as the most popular and recommended course for students and professionals aspiring to grow in the field, with businesses making it even more significant with time in terms of risk management. We are here to take you through everything an aspirant about the FRM course-from eligibility to job options-and why it might be the smartest move of your career.
What is the FRM course?
As the global economy has been constantly evolving over the years, there has been a persistent concern regarding the risks involved in the financial domain.
This has led to a rise in demand for the Financial Risk Management course—a course that deals with financial risk management, equipping students with the knowledge and skills to identify, analyze, and mitigate potential risks associated with financial activities within an organization. The course gives you an understanding of financial risks and practical training to develop strategies and manage them by implementing tools and techniques for risk assessment and measurement.
Who Should Pursue the FRM Course?
Anyone who is interested in making a career in the finance sector and upskilling themselves to be the shield of businesses and organizations in times of turmoil—safeguarding them to the shore of profit and stability.
Eligibility Criteria for FRM: The eligibility criteria for pursuing a financial risk management course is that you must have completed your undergraduate degree, or you can be in the final year of it. It all depends on you.
FRM Certification Process: The process of Financial Risk Management certification encompasses guest lectures, seminars, simulations, case studies, internships, and more. If you enroll yourself in GRMI’s PGDRM, you will learn various aspects of enterprise risk management like corporate governance, strategic risk management, IT risk management, and cybersecurity risk management, along with the FRM.
Why Choose the FRM Course?
You might question why a specialized Financial Risk Management certification would be beneficial. Recruiters are now looking to hire specialized candidates trained to manage risks. Any candidate who has a professional Financial Risk Management certification will always be preferred over the crowd.
What Does an FRM Graduate Do?
A financial risk management graduate works with firms to identify and manage risks within their organizations. They use their practical knowledge and skills to develop effective strategies to overcome these risks. An FRM graduate typically works in industries that include banking, insurance, asset management, consultancy, and regulatory agencies.
Salary of an FRM Graduate: The salary of a graduate is comparatively high. In India, it ranges from ₹6 to ₹12 lakh per year for entry-level positions, with significant potential for growth as experience increases.
Career Options After FRM Graduation: You might be curious to know about the various job roles that a person pursuing a Post Graduate Diploma in Financial Risk Management could take up. Here are a few roles in the field: You can be a Financial Risk Manager, Financial Reporter, Internal Auditor, Risk Consultant, or Chief Risk Officer in a firm. All roles associated with a Financial Risk Management degree are top leadership-level positions.
Skills to Scale Up in FRM Jobs: The skills required to scale up in a Financial Risk Management job include risk analysis, problem-solving, and data analysis. Professionals need to have a solid understanding of the economy and the market, strong communication and interpersonal skills, critical thinking, and strategic thinking abilities. Combining these with data analysis and programming skills is essential for developing risk models.
Conclusion
You can pursue a Post Graduate Diploma in Risk Management (PGDRM) from the premier institute in the field—The Global Risk Management Institute, Gurgaon, which offers practical expertise in enterprise risk management, including financial risk management, through a one-year on-campus course.
FAQs:
Who Should Pursue the FRM Course?
Anyone who is driven toward making a successful career in finance can pursue a Financial Risk Management course.
What is the eligibility for FRM?
To pursue the FRM course, the eligibility is that you must have completed your undergraduate degree.
What are the FRM course fees in India?
The FRM course fees in India, especially for on-campus and internationally recognised programs, are typically high.
What are the prerequisites for the exam?
Global Risk Management Institute, Gurgaon, admits students based on a judicious interview process conducted by the institute.
Is FRM in demand in India?
Yes, FRM is highly in demand in India, as recruiters are actively looking for skilled individuals who can manage risks within organizations.
What are the job opportunities after FRM?
There are numerous job opportunities after doing the FRM course. Most roles are leadership-level, like Risk Manager, Consultant, Internal Auditor, and more.
