Know what!! no FRM certified professional will reveal their compensation information, thats because its considered to be CONFIDENTIAL.
But now for all my fellow PGites, I will reveal some INSIDER Informationon compensation
A Fresher FRM can earn anywhere about Rs.5,000 pm for a start.
Yes!! (Five Thousand Indian Rupees per month).
Also, if you do not have Excellent academic records(Merit Rank holder-10th & 12th) or Good work exp, then you will need to work FREE for atleast 2 years, and mind you - u wont get anty workex cert at the end of it. :)
So I hope you register for the FRM pretty quickly and take opportunity for working FREE after clearing the FRM exam.
LOL!!! :biggrin::biggrin:
Dear Friends,
The career opportunities after doing any Professional Course(be it CFA, FRM, CPA etc) are immense. If one has the right attitude and knowledge, Money will definitely follow you.
So lets not count the chickens before they hatch.
To know more about Career Opportunities after FRM or PRM in the Risk Management field, Follow these links
If u r interested in Securities Research and Debt Markets its better u pursue the CFA (AIMR) course.
In FOREX, if you are looking at profiles in Arbitrage/Hedging this program can be of some help.
cheers,
Shyam
Hi. I am intersetd in giving FRM frm GARP. I wanted to know how the course is, is it recognized and reputed in d industry??? i am currently doing my Bachelors of Accounting & Finance frm HR College Mumbai, in d 2nd yr rite now (will enter 3rd yr in 2 months). Is it feasible 4 me 2 giv d course??? I'm interestd in Securities research, especially forex and debt markets. Would FRM be of any value to me???
Does GARP charge any fees if I need to change the centre ? I am currently opting for Mumbai. However,I may need to travel to US or Aus by Nov.Any help is appreciated. Thanks.
Any request to change your selected Examination Center must be submitted directly to the FRM Manager. There is a USD 50 processing fee for changing your Examination Testing Site after OCTOBER 15, 2008. No site changes will be accepted after OCTOBER 31, 2008.
You could have read through the Guidelines Friend.
Cheers
Shyam
Hello all,
Does GARP charge any fees if I need to change the centre ? I am currently opting for Mumbai. However,I may need to travel to US or Aus by Nov.Any help is appreciated. Thanks.
Dont pursue both together, it will be difficult to manage.
A common problem quoted by all CFA Aspirants this year, is that the Syllabus is quite vast. Also FRM exam covers length & breadth in Risk Management and hence need a lot of reading.
To add to it, u will be working in some firm after ur MBA, so this will leave u with a very less time to prepare for one single exam, Forget cracking both of them.
So my advise would be to stick with any one course for this Year, pursue either FRM or CFA - U have plenty of time to prepare for both these exams.
All the best
cheers,
Shyam
hi
yaar me mba(fin) from avg b school. Due to this sudden market of USA placements have been very dismal ..
can u tell me i am plannign to do give frm and cfa L1 tis yr
after that i will surely get a decent job na:neutral:
Hey ssu039, I am interested in FRM.But I am really confused between FRM and PRM.PRM is apparantly more flexible but less recognized.I am giving Actuary ct3 n ct7 modules this oct. is it feasible to prepare for FRM alongside with my preparations for actuary, and my 5th semester which is supposedly the tuffest one in my dept. in IIT :) Please clear my doubts on PRM n FRM.
Hey ssu039, I am interested in FRM.But I am really confused between FRM and PRM.PRM is apparantly more flexible but less recognized.I am giving Actuary ct3 n ct7 modules this oct. is it feasible to prepare for FRM alongside with my preparations for actuary, and my 5th semester which is supposedly the tuffest one in my dept. in IIT :) Please clear my doubts on PRM n FRM.
Hey Akshay,
Actuaries itself very comprehensive and has an exhaustive content, however CT3 & CT7 should be fine with a 2 months prep as CT3 should be a cakewalk, but you may need to go through CT7 as it might be an alien subject. If you go through the syllabus you would find that CT8 has lot of similarity with the FRM syllabus. In the actuaries course if you have completed/thorough with CT1, CT3 then taking CT8 is a good option. Since lot of topics overlap from actuaries to FRM, i think you can you use it to your advantage . Especially go through CT1 & CT3 .
BTW, i am also in the same boat as you . I have couple of actuaries exams scheduled this May and would give a couple in October
The thread already has some inputs on FRM V/S PRM . FRM as you said is widely recognized than PRM but PRM is much more flexible in terms of appearing for the exam. Also, it is observed that PRM is more quant oriented when compared to FRM . You may revisit some of the older posts for more discussions on this .
Read the post #368 on this thread, for ur answers on FRM vs PRM
Regarding Actuarial Papers.
CT3 - Probability & Mathematical Statistics will directly overlap with Quantitative Risk Module.
CT7 - Economics - There will be on ovelap wih FRM.
cheers,
Shyam
Hey ssu039, I am interested in FRM.But I am really confused between FRM and PRM.PRM is apparantly more flexible but less recognized.I am giving Actuary ct3 n ct7 modules this oct. is it feasible to prepare for FRM alongside with my preparations for actuary, and my 5th semester which is supposedly the tuffest one in my dept. in IIT :) Please clear my doubts on PRM n FRM.
I think its the other way round.....U get exemption in PRM if you have CFA degree..........from your earlier post it seems you r running too fast of time......calm down do one thing at a time........either finish your actuarial or PRM or CFA...........If you have enrolled for your actuarial do that only.......
Just got registered for the FRM 2008, I work in the line of investment banking operations for wipro at hyderabad. Can any one help me in tracing out a best training resource for FRM at hyderabad.
From a thread posted in 2007, I have learnt that It only needs 10 applicants from a location, for it to be qualified as an exam site or test center.Can any one please make it clear if this is true, and also if hyderabad is eligible to be a test center or not.
The 2008 FRM examination site list, states the site information will be available shortly. So wait for some time, or rush this query to the FRM officials at GARP : Global Association of Risk Professionals
Always RELY on Official comments,
cheers,
Shyam
Hi Guys,
From a thread posted in 2007, I have learnt that It only needs 10 applicants from a location, for it to be qualified as an exam site or test center.Can any one please make it clear if this is true, and also if hyderabad is eligible to be a test center or not.
Yes it is true tat a count of more than 10 registered candidates from a city, qualifies tat city as an exam site, and this is with ref to a mail I received from garp. So any candidates from hyderabad for FRM 2008 ????
Hi, I need a prm material in pdf form . does any one hav? uote=suryasanthosh;1055137]HI guys,
Yes it is true tat a count of more than 10 registered candidates from a city, qualifies tat city as an exam site, and this is with ref to a mail I received from garp. So any candidates from hyderabad for FRM 2008 ????
Hi all...i have been following this thread for the last one week and i wanted to thank shyam and others for all the efforts they have put in to help people like me...who had very little knowledge and resources for pursuing the exam...
my first query to puys here is about scholarship provided to students as one of my cousin who would also be giving her FRM this year is currently pursuing her mba...how can she apply for scholarship...the site does have a student scholarship section but it's very vague...can people with relevant knowledge enlighten me and others who are not aware of the modalities...thanks in advance...
It would be better, if you could post ur query and the mail contents for others to refer.
ATB, Now u have to be pretty aggressive in getting the Hyderabad guys to register for FRM
Cheers,
Shyam
HI guys,
Yes it is true tat a count of more than 10 registered candidates from a city, qualifies tat city as an exam site, and this is with ref to a mail I received from garp. So any candidates from hyderabad for FRM 2008 ????
1] FRM awards only 100 FRM Scholarships on First Come First Serve basis.
2] Each school is entitled to a maximum of two scholarships. Participating schools can submit either:
Two full-time student applications, OR One full-time student application + one full-time faculty application
3] Candidates should be a pursuing any Full Time program - Rules and documents required for the same are mentioned in the brochure.
4] The FRM Scholarship covers the cost of FRM registration only - 400 USD.One needs to pay the fees of 150 USD as membership Fee.
The pdf looks very clear to me, If you have any issues, then spcifically post a query.
I guess, there were some guys from FMS, Delhi in this thread who had applied for FRM Scholarship.
Alternately u can rush ur queries to the FRM Manager at [email protected]
cheers,
Shyam
Hi all...i have been following this thread for the last one week and i wanted to thank shyam and others for all the efforts they have put in to help people like me...who had very little knowledge and resources for pursuing the exam...
my first query to puys here is about scholarship provided to students as one of my cousin who would also be giving her FRM this year is currently pursuing her mba...how can she apply for scholarship...the site does have a student scholarship section but it's very vague...can people with relevant knowledge enlighten me and others who are not aware of the modalities...thanks in advance...
We require a minimum of 10 paid candidates to add a site. Any exam site that does not maintain 10 or more paid registrants by the end of standard registration will be closed and candidates will have to travel to a different site. The addresses and directions of all confirmed exam sites will be added later in the year.
----- Original Message ----- From: Surya Santosh Gowri [email protected]] To: [email protected] - Hide quoted text - Sent: Thu, 27 Mar 2008 09:14:11 +0530 Subject: Re: Study Material
Hi,
This is SuryaSanthosh and my GARP ID number is: 75273. This is to enquire the details of the exam sites of the FRM 2008. I wanted to know if there is any chance for Hyderabad in India to get qualified as an exam site.
is about scholarship provided to students as one of my cousin who would also be giving her FRM this year is currently pursuing her mba...how can she apply for scholarship...the site does have a student scholarship section but it's very vague...can people with relevant knowledge enlighten me and others who are not aware of the modalities...thanks in advance...