Detailed Breakdown of FRM Part 2 Curriculum
Expertly curated by our expert mentors, the comprehensive course curriculum is thoroughly designed to include all the concepts of the FRM Part 2 exam syllabus. This includes topics like market risk, credit risk modelling, structured finance, operational risk, liquidity risk, treasury risk, and investment management, while also digging into the depths of current issues in the financial market. Rest assured, this curriculum is continually updated as per the up-and-running changes in the FRM exam syllabus.
Not only that, our training extends beyond the level of preparation to help you discover, identify, and resolve real-world risk management problems. All of this is done using instrumental techniques to drill down each concept until and unless it becomes your second nature. The idea is to foster your holistic development with an equal focus on theoretical as well as practical aspects of each risk management factor. Mastering all of these concepts while asking your doubts, enables you to become industry-ready as soon as you complete the training. To give you a deeper perspective of what lies ahead, here’s a scoop on the module-based curriculum:
FRM Part 2 Exam Pattern:
The exam pattern inadvertently plays a crucial role in defining your strategy to attempt the exam. As far as the FRM Part 2 exam is concerned, it consists of 80 multiple-choice- based questions, each with 4 choices. These questions are more application-based, requiring you to think of financial risk problems in the real- world. The total exam duration is 4 hours, leaving you with 3 minutes to solve each question. There is no negative marking for wrong answers, and the weightage of all questions is exactly the same.
Market Risk Measurement and Management
- Risk Management Frameworks
- Advanced techniques for market risk measurement
- Strategies for effective risk management
- Value at Risk (VaR)
- Methodologies and applications
- Challenges and limitations of VaR
- Stress Testing and Scenario Analysis
- Stress testing techniques
- Scenario analysis methodologies
- Portfolio Management
- Managing market risk within investment portfolios
Credit Risk Measurement and Management
- Credit Risk Models
- Default prediction and credit scoring models
- Credit rating systems
- Credit Risk Quantification
- Measuring credit exposure
- Concepts like Credit Valuation Adjustment (CVA) and Counterparty Risk
- Credit Derivatives
- Utilization of derivatives such as Credit Default Swaps (CDS)
- Credit Risk Management Strategies
- Techniques for mitigating and managing credit risk
Operational and Integrated Risk Management
- Operational Risk Frameworks
- Understanding and managing operational risk
- Risk management and control frameworks
- Risk Control and Mitigation
- Risk control assessments
- Strategies for mitigating operational risk
- Integration of Risks
- Combining operational risk with market and credit risk management
- Regulatory and Compliance Issues
- Overview of relevant regulations and compliance requirements
Liquidity and Treasury Risk Management
- Liquidity Risk Management
- Techniques for managing liquidity risk
- Strategies for ensuring adequate liquidity
- Treasury Management
- Key functions of treasury management
- Risk management within treasury operations
- Funding and Liquidity Strategies
- Approaches to managing funding needs and liquidity
Risk Management and Investment Management
- Risk and Return
- Analyzing the risk-return relationship in investments
- Performance Measurement
- Metrics for evaluating investment performance
- Assessing risk-adjusted returns
- Investment Strategies
- Advanced strategies for investment risk management
Current Issues in Financial Markets
- Emerging Risks
- Identification of new and evolving risks
- Regulatory Developments
- Recent updates in financial regulation
- Market Trends
- Current trends and their impact on risk management
Ready to take the first step towards a financially rewarding career? Prepare under expert guidance and ace the FRM exam in one go. Register now.
Get some of the exclusive benefits of our FRM Program:
Live Doubt Solving Sessions
Weekly Group/Individual Projects
1:1 Mentorship
Project presentations guidance
Monthly webinars with Industry Leaders
Hackathons
Corporate behavioural skills
Job Interview Skills
Resume Building
Mock Interviews Preparation
LinkedIn Profile Building
Communication Skills
Problem-Solving/Critical Thinking
Statistics and Business Case Studies in Critical Thinking
Learning How To Learn
Guesstimate
Puzzles
Hackathon
Corporate Culture and Behavioral Skills

More on FRM Part 2 Coaching
Tapping into the ever-increasing demand for FRM professionals, IIM SKILLS FRM Part 2 training is specifically tailored to transform the lives of ambitious professionals like you. At IIM SKILLS, we want you to not only ace the exam but excel as a highly competent Financial Risk Manager. For that very purpose, we train you holistically using instrumental techniques and insider tips to enhance your overall industry readiness.
Combining mentor-led sessions, quizzes and assessments, and mock tests – this training prepares you for a long-term career in the field of financial risk management. Each concept is explained with its applicability using a bite-sized approach. The mentors take you to the next module, only when you are familiar and clear with the first module to its core. All of it makes you confident enough to tackle every question that the exam throws your way. Gear up to learn to identify risks and mitigate risks using advanced tools and software in any type of organization.
Scope After FRM Part 2 Exam
Modern businesses are prone to a distinct set of potential risks and dangers. To combat their risks, firms have to rely on FRM professionals – equipped with the right skill set to identify and mitigate the risks before they cause any trouble. As a result, there is a considerable demand for FRM-certified professionals across FinTech, asset management, banks, and consulting firms. These include JPMorgan Chase, KPMG, HSBC, CitiGroup, Bank of America, and PricewaterhouseCoopers LLP, to name a few.
As we know already, FRM unlocks doors to a wide array of career options including but not limited to market risk analysis, financial managers, risk managers, portfolio managers, corporate finance, and more. These career opportunities are not just in India but extend abroad due to the recognition of FRM certification across 90+ countries around the world. Being a part of the finance field, one cannot undermine the salary prospects – which are surely promising for ambitious individuals like you.
The scope of FRM is immense, and the opportunities are endless. As FRM ensures you steadfastness in identifying and handling risks in a volatile market, the opportunities are aplenty. With the right skill set and continuous learning, anyone can find a skyrocketing career in the field.
About of FRM Part 2
Overview of FRM Certification
The fast-paced financial sector exhibits dynamism and eccentricity. Considering this perpetually shifting marketplace, the world of finance has become synonymous with uncertainty and challenges. In such a landscape, only those who have the ability to manage risks and scale up their organizations towards growth can survive.
That’s where FRM or Financial Risk Management comes into play. FRM is a professional certification to test individuals on their stellar abilities to identify, tackle, and manage risks using industry-relevant tools and software. This in-demand FRM examination is conducted by GARP, short for Global Association of Risk Professionals in a two-test format. Clearing both of these examinations to achieve the coveted FRM certification acts as your golden ticket for a highly rewarding career in an array of industries — banks, Fintech firms, and asset management firms, to name a few.
As more and more businesses are prone to risks and losses, there’s a steadily increasing demand for FRM-qualified professionals. These experts are actively required in almost all sectors of business – be it small, medium, or large-sized businesses. Clear as day, the demand is growing and opportunities are brimming. Leverage the chances and make the most out of this career that offers endless opportunities and lucrative career options.
According to an independent benchmarking study conducted by Ecctis, the FRM Certification is comparable to a Master’s degree in fourteen national and regional educational systems.
Eligibility For The FRM Part 2
Those of you, who have successfully aced your FRM Part 1 exam, are quite eligible for taking up the FRM Part 2 exam. In the most general sense, these are the eligibility criteria that you must fulfill to be able to apply for the FRM Part 2 exam:
– Interested candidates must possess a degree in a diploma, bachelor’s, master’s or any other equivalent discipline from a recognised university. The candidate must have scored a minimum of 50% aggregate score in their degree.
– In addition to a degree, the candidate must have a work experience of at least 2 years. This must be full-time experience with appropriate employment.
Please note that part-time work, internships, and trainee experience don’t count as full-time work experience.
Who Should Do FRM Part 2 Exam Preparation?
Anyone with the willingness to put their foot in the door in the finance field, or those eyeing an undulating progress in their career are an ideal fit for this program. If your inside voice says finance, then FRM is something that you must take your shot at.
Whether you are a newbie just starting off in your career, a financial professional wanting to get ahead in your career, or a seasoned professional wanting to excel in the finance field – FRM will be a game-changer for you. IIM SKILLS FRM Part 2 coaching trains you to become a successful financial risk manager in every way possible.
Most specifically, this training is meant for students as well as professionals who fall under any of the given categories:
- Graduates/Diploma Holders: Newbie graduates in the field can get the perfect headstart with FRM Part 2 training to polish their skills and get better offers than their competitors.
- Postgraduates: Those with master’s degrees with or without experience can use FRM training to further diversify their skill set, allowing for exciting opportunities to come their way.
- Finance professionals: As the industry becomes more competitive by the day, finance professionals can add FRM to their bucket to make way for senior level positions, international exposure, and most certainly to draw handsome packages.
- Working Professionals: Those looking for a switch to the finance field can pursue FRM training to acquire the skills and expertise required to pivot in the industry.
Exclusive Features of IIM SKILLS FRM Part 2 Training
Exceptional Faculty
At IIM SKILLS, we take immense pride in our expert faculty, having substantial experience in their field. Each faculty member is not only a subject matter expert but also a dedicated mentor, committed to the success of your journey. Their hands-on approach ensures that you comprehend each concept thoroughly and are competent to apply it practically to resolve financial problems. As full-time mentors, they are available all day to take up your queries and help you resolve your doubts in real time. All in all, they use instrumental techniques, industry insights, and constructive feedback to help you excel at your FRM career with confidence.
Immersive Learning Sessions
Learning at IIM SKILLS is an intuitive and interactive experience. Our sessions are designed and executed to keep you engaged through real-time discussions, case studies, and problem-solving sessions. These super-interactive sessions encourage your active participation, ensuring you clarify your doubts timely and benefit from immediate feedback. By offering a dynamic and conducive learning environment, we allow you to foster a deeper understanding and retention of knowledge. With a balanced blend of technical and soft skills, we ensure you thrive as an FRM manager – as you step into the market.
Flexible Scheduling
Understanding the pressures of modern competitive life, IIM SKILLS offers flexible scheduling with both weekday as well as weekend batches available. This flexibility allows you to manage your upskilling alongside your personal and professional responsibilities without enduring stress at all. You are free to choose the batch that fits your timetable and enjoy the freedom to advance your learning at your own pace. Make the most out of your time to achieve your goals without anything holding you back.
Comprehensive Curriculum
Curriculum, for once, is part and parcel of any program. Rest assured, our program has the best curriculum – designed to cover all essential topics as per the latest industry trends and standards. The regularly updated curriculum ensures you are well-prepared not just for today’s demands but for future challenges as well. With every module, you gain in-depth insights and practical knowledge that are crucial for your success in the field.
Much to your benefit, the entire curriculum is defined in close alignment with the actual FRM Part II syllabus including credit risk, operational risk, and treasury risk. Investment bank, and issues in the current financial market.
User-friendly LMS
Preparing for an exam is nothing short of a clutter, where notes books, files – everything is flying in the room. To resolve this mash-up, our training program comes with a Learning Management System (LMS). It’s a user-friendly repository, where all your resource materials including session recordings, ebooks, notes, and practice questions – are settled and accessible in one place. This seamless access makes learning convenient for you, as well as organised information so that you can revisit it at any given point in time.
Lifetime Access
The most beneficial part about LMS is that it comes with lifetime access. This feature means that your learning does not end with the completion of the course. Revisit the material whenever you need a refresher or want to update your knowledge about a particular concept. Lifetime access ensures that you continue to grow and adapt in your field. Access all the updated and latest knowledge at your fingertips.
Practically-oriented training
Theoretical knowledge these days is as good as half knowledge. That’s why, at IIM SKILLS, we emphasize a practical learning approach. Our course is designed to bridge the gap between theoretical knowledge and real-world application. Through workshops, simulations, and hands-on projects, you gain valuable experience that directly translates into your professional life. We are not just preparing you merely for the exam, we’re dedicated to preparing you for the industry where you excel in your career.
Anytime, Anywhere Learning
Ready to embrace the flexibility of online learning at IIM SKILLS? No more struggles to reach an on-site institute by putting in your energy and time. Instead, learn from the comfort of your four walls, or for that matter, anywhere in the world. All you need is a digital device and internet connection to access this high-quality training. Each session is not only informational but engaging to give you a stimulating learning experience.
Complimentary Services
Learning should be full of surprises, just like our training program. We have a range of free add-ons for you at absolutely zero extra charges. First, you get free backup sessions and session recordings in case you miss a session for some reason. Second, we do provide career counselling to help you chart your ideal career path. Third, the resource material in your LMS is updated all the time, which you can access without additional charges. Next, up we provide interview support, and LinkedIn optimisations to help you reach the right prospective employers. Lastly, our mentor support is yours for life, you can seek out help even after completion of the program.
Rewarding Career Paths After FRM Part 2
Finance, by itself, is one of the most aspirational and lucrative industries that attracts individuals from all walks of life. Most ambitious individuals follow their way in this industry and find highly rewarding career options. In the vast world of finance, almost all businesses fall into the trap of uncertainty and risks. To prevent these risks and their adverse effects, firms require financial risk managers. As a result, there is an ever-increasing demand for FRM-qualified professionals. For those with a passion for maintaining financial integrity, FRM has some very promising career options to throw your way.
Let’s dig deep into some of the most prominent career paths that you can tread:
Enterprise Risk Analyst
As an enterprise risk analyst, you’re required to have a bird’s eye view of the entire firm from a strategic perspective. It is a top-down role requiring you to identify, evaluate, and prepare for potential losses that may interfere with the firm’s operations.
Their day-to-day responsibilities include:
- Identifying risks at the entire firm’s level
- Assessing how to respond to risk – avoid, reduce, share, or accept
- Conducting preventive measures to avoid risks as far as possible
- Monitoring and reviewing the risk policies of the firm
Why Choose IIM SKILLS?
IIM SKILLS is a top-level global institute imparting online education in varied sectors to bridge the skill gap in the industry. Keeping up with the evolving demands of the industry, this leading institute offers skills and knowledge that meet global standards.
Putting our focus on the FRM Part 1 exam training, it is an advanced coaching aiming to make the aspirants exam-ready as well as industry-ready. The mentors hand-hold you to understand every concept until it becomes your second nature, thus ensuring your success at all costs.
Deeply committed to your success, mentors focus on your timing and accuracy, boosting your confidence to take the exam. With an equal focus on theoretical and practical learning, you get an in-depth understanding and application of each concept. That’s what prepares you to deal with whatever the exams throw your way.
At IIM SKILLS, we are driven by your success and that is what keeps us on-to-go to improve and enhance our training and other course offerings. The major highlights that make IIM SKILLS the best in the industry are our exceptional mentors, interactive modules, immediate doubt clarification, and round-the-clock support at every stage of your journey.
Now, let’s talk numbers. Since its inception in 2015, IIM SKILLS has helped more than 45,000+ learners upskill across 35+ countries around the globe. With global recognition, IIM SKILLS provides the perfect platform for you to embark on your financial risk manager journey. Prepare for excellence with us! Join us today!

Upcoming Batch For Our FRM Part 2
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Course Advantage
Course Fee: INR 49,900 + Taxes.
Easy EMI: Pay in 7 Interest-Free EMI For INR 8,411/Month.
Important Delivery Note: The course will be delivered for 4 consecutive Sundays and for the last week participants will have sessions on Saturday and Sunday.
100% Money-Back Guarantee: If you do not like our course, you can claim a 100% money return after your first session.
Certification Fee: Price includes exam and certification fees.
Group Discount: 10% group discount on 3 or more registration.
Average Salary after FRM
In India, the average starting salary of FRM professionals stands at INR 6 LPA and it can go up to INR 30 lakhs or more as per the seniority of the roles and responsibilities.
The salary of any profession is highly dependent on the years of experience and skills that a person has acquired over that experience. So, is the case with FRM. Let’s look at the year-wise breakdown of FRM salaries.
Dreaming to excel in risk management roles? It’s time to equip yourself with specialised skills and capture the attention of major finance giants. Gear up to kickstart your professional journey with IIM SKILLS FRM Part 1 coaching! coaching!
The table below mentions the average salary of FRM-qualified professionals:
| Work Experience (in years) | Average Salary (in LPA) |
|---|---|
| 0-2 years | INR 6-9 LPA |
| 2-5 years | INR 10-15 LPA |
| 5-10 years | INR 15-30 LPA |
| 10+ years | INR 30+ LPA |

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