The FRM full form is Financial Risk Manager. Learn who GARP is, what the certification stands for and how the exams work.

The FRM full form is Financial Risk Manager. To understand what is FRM, it helps to know the body behind it.

What is GARP?

GARP is the Global Association of Risk Professionals, a membership organisation for risk professionals that sets the FRM syllabus and runs the exams.

Why the name matters

• Financial: focused on financial institutions and markets.
• Risk: the core subject.
• Manager: the professional role the certification supports.

What the certification involves

Two exam parts and relevant work experience for certification.

How it is written

People write FRM after their name once they are certified, following GARP's rules .

Common confusions

1. FRM is not the same as CFA, which stands for Chartered Financial Analyst.
2. It is not a general risk or insurance qualification, though it overlaps.
3. It is not an Indian body qualification; it is global.

Where the FRM is used

Banks, NBFCs, asset managers, insurers, consulting firms and corporates.

How to learn more

Visit GARP's website for the current syllabus, fees and dates.

TWSS guidance

TWSS counsellors can explain how the FRM course fits your goals .

Questions about FRM? Talk to a TWSS counsellor.