Financial Risk Manager (FRM)From Global Association of Risk

Professionals, USA

Training Programme

The Financial Risk Manager (FRM®) certification is the globally recognized

benchmark and professional designation for financial risk managers.

A candidate who successfully completes the programs and meets the

professional requirements is awarded a "FRM Charter"

There are 2 levels and you need minimum 6 months to complete this

course.

FRM charter holder membership requirements are 24 months of

acceptable professional work experience and passing the Part I and Part II

exams and an active membership of GARP.

Exams are conducted all over the world (including India) twice in a year

i.e May or November.

What is FRM?

Having an advanced degree and certification in financial

risk management helps to increase career potential.

Earning your FRM designation not only broadens your skill

set, it demonstrates a standardized level of industry

knowledge, making you a recognized leader in financial risk

management. 

FRM holders have positions such as Chief Risk Officer,

Senior Risk Analyst, Head of Operational Risk, and Director,

Investment Risk Management, to name a few

Importance of “FRM” Course

Graduation is the requirement for this course. This program is catered for excellent openings in

Large National and International Banks, Large investment firms and other financial

institutions.IT professionals, Analytics and Finance professionals with an interest in risk management. Hence plenty of excellent job opportunities in large banks, investment firms

It is also beneficial for Btech, IT professionals, MBA, Finance graduates who are interested in financial risk management career.

Benefits of FRM

 Mr Sreenivasan Iyer with more than 25 years of experience globally at senior financial positions, with the following qualifications.

2004 Financial Risk Manager from GARP (U.S.A.) 2000 Certified Public Accountant (CPA) from AICPA

(U.S.A.) 1999 Chartered Financial Analyst (CFA) from CFAI /

AIMR (U.S.A.) 1999 Certified Management Accountant (CMA)

from IMA (U.S.A.) 1983 Fellow Member of Institute of Chartered

Accountants of India from ICAI (India)

About the Faculty

1. Foundations of Risk Management - 20% Risk Measurement Risk Management 2. Quantitative Analysis – 20% Fundamentals of Probability and Statistics Monte Carlo Methods 3. Financial Markets and Products – 30% Bond Fundamentals and Option Markets Fixed Income Securities and Derivatives 4. Valuation and Risk Models – 30% Risk Models and Linear Risk Non Linear Risk Models

Course Contents (Part1)

5. Market Risk Measurement and Management – 25% Advance Risk Models: Univariate and Multivariate Managing Volatility Risk 6. Credit Risk Measurement and Management – 25% Credit Risk and Credit Exposure Managing Credit Risk 7. Operational and Integrated Risk Management – 25% Operational Risk and Liquidity Risk Firm wide Risk Management 8. Investment Risk Management – 15% Portfolio Risk Management Hedge Risk Management 9. Current Issues in Financial Markets – 10%

Basel III regulations

Course Contents (Part2)

1. You are analyzing a two-year interest rate swap with a notional principal of USD 100 million. The swap has a

fixed rate of 2.15% and a floating rate of 6-month LIBOR + 60 basis points. Assuming semi-annual payments and a 360-day count convention, what is the net settlement payment for the first 6-month period, assuming 6-month LIBOR is at 1.15% at the start of the swap and 1.45% after 180 days?

a. Fixed rate payer pays USD 200,000. b Fixed rate payer receives USD 200,000. c. Fixed rate payer pays USD 50,000. d. Fixed rate payer receives USD 50,000.

Sample Questions:

2. Mixed Fund has a portfolio worth USD 12,428,000 that consists of 42% of fixed income investments and 58% of equity investments. The 95% annual VaR for the entire portfolio is USD 1,367,000 and the 95% annual VaR for the equity portion of the portfolio is USD 1,153,000. Assume that there are 250 trading days in a year and that the correlation between stocks and bonds is zero. What is the 95% daily VaR for the fixed income portion of the portfolio?

a. USD 21,263 b. USD 46,445 c. USD 55,171 d. USD 72,635

Sample Questions:

Exam Details:

Third Saturday of May and November i.e.

May 17, 2014 and November 15, 2014

Exam centers in India: Bangalore, Chennai,

Hyderabad, Kolkatta, Mumbai and New Delhi

Exam timings:

8 AM to 12 PM (Part 1)

2 PM to 6 PM (Part 2)

Exam Dates and Centers

Fees Details

Enrollment Fees

Examination Fees Total Fees

Early Registration ( Closes on 31, Jan, 2014)

USD 300 USD 350 USD 650

Standard Registrations ( 1 Feb 1 to Feb 28 , 2014)

USD 300 USD 475 USD 775

Late Registration ( Mar 1 to Apr 15, 2014)

USD 300 USD 650 USD 950

The Training Program

Title FRM from GARP, USA

Duration 15 week ends (Saturdays & Sundays)

Course Fees INR 20,000(plus service tax)

Mode Face-to-face & Online Virtually-Live Classes

Modalities for payment◦ Cheques to be couriered to 4/4 East Patel Nagar, Delhi-

110008◦ Cheques can be deposited in our HDFC Bank Account no.

01442000012558 in any HDFC Bank Branch

◦ For transferring funds on-line through net-banking NEFT, branch IFSC Code is: HDFC0000144

◦ Call for Our exécutive to pick-up the cheque/cash from your door-steps

Reference websites:www.takshilalearning.comwww.garp.org

Misc Info

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