FRM is an abbreviated form of Financial Risk Manager. FRM is a professional certification. This designation is awarded by the Global Association of Risk Professionals. The candidate who seeks an FRM designation must complete a two-part examination, which is mostly practice based. The syllabus of this examination covers all the important topics under financial risk management. The candidate has to have at least two-year work experience in this field. There are many other prerequisites that need to be fulfilled before receiving the designation. However, after all this work the FRM certification provides one a numbers of perks and competitive advantages.
1. Sort-after designation
In order to prove one’s skill, he or she must have something to certify it. The FRM certificate provides professionals with a major breakthrough to make it big in the finance sector. Employers are often looking for candidates with FRM certification. This certificate provides a boost in the resume, helping the candidate get hold of the best possible job.
2. Vast career opportunities
One of the most difficult exams in finance is the FRM exam. Only a half number of candidates who undertake this exam are able to crack both parts of the examination. There is always a need for FRM-certified employs in the financial sector, and not many are able to pass both the exams. Therefore, vast career opportunities are created for those who successfully pass both parts of the examination.
3. Very high pay-scale
Candidates holding an FRM certificate are offered the best of jobs which have high pay. This helps FRM-designated employs to have a good lifestyle and be a part of the elite group.
4. A life changing experience
One has to have a lot of discipline and dedication while preparing for the exam. If one succeeds in the examination, it will bring a lot of respect and credibility his/her way. This in turn will change their lives incredibly, making them an absolute leader in the walk of life.
The FRM-certified professionals have to work very hard: determination and focus is the key to make it big in this field.