Financial Risk Manager®, FRM®

FRM® Course | Financial Risk Manager Certification | FRM Exam Preparation Hong Kong

Kornerstone offers comprehensive FRM training courses to help you obtain the Financial Risk Manager qualification. Our FRM preparation courses cover all exam content, providing professional guidance and efficient learning resources. Learn more about FRM course details and enrollment fees to become a certified financial risk manager in Hong Kong.

Kornerstone FRM Course - Hong Kong's Most Comprehensive Financial Risk Manager Certification Training

In Hong Kong's highly competitive financial market, holding an FRM (Financial Risk Manager) certificate has become the "entry ticket" for promotion to core risk management positions. However, faced with a vast exam syllabus and low global pass rates, self-study often leads to twice the effort for half the result. The Kornerstone FRM Course is specifically designed for Hong Kong professionals, combining top-tier faculty, flexible learning modes, and CEF (Continuing Education Fund) subsidies to help you pass the exam in the most efficient way possible.

If you are not yet clear on what FRM specifically entails, we recommend reading our Ultimate Guide to FRM Certification to understand its value and foundational knowledge.

Why Choose Kornerstone's FRM Course?

Choosing a training institution is essentially choosing a partner who can ensure you pass the exam. As a leading professional training organization in Hong Kong, Kornerstone is the preferred choice for countless FRM charterholders due to the following three major advantages:

Faculty Strength and Teaching Quality

Our instructor team consists of more than just "teachers"; they are all senior practitioners from top investment banks, asset management firms, or regulatory bodies. They not only hold the FRM designation but also possess extensive practical experience, enabling them to bridge dry theories (such as GARCH models and the Basel Accords) with real-world market cases.

  • Outstanding Pass Rate: According to internal statistics, students who attend our full course and complete all mock tests achieve a first-time pass rate for FRM Part I as high as 95% [cite: 323]. This is significantly higher than the global average of approximately 45%-50%.
  • Original Teaching Methodology: We adopt the philosophy of "Understanding First, Rote Memorization Second." We know that memorization alone cannot handle GARP's flexible and ever-changing exam questions, so we focus on cultivating students' risk intuition and problem-solving logic.

Comprehensive Learning Resources

By enrolling in a Kornerstone course, you gain more than just classroom time; you get a complete exam preparation ecosystem:

  • Exclusive Condensed Notes: Carefully compiled by our instructor team, these notes distill thousands of pages of official GARP materials into high-yield content, targeting exam points directly.
  • Massive Question Bank and Mock Exams: We provide over 2,000 practice questions and full-length mock exams to ensure you are accustomed to the pace and difficulty of the exam before stepping into the hall.
  • HD Recorded Lessons: All face-to-face sessions are provided as high-definition recordings, allowing you to review difficult points at any time without missing any details.

Professional Student Support

Preparing for the FRM is a lonely marathon, but here, you are not alone.

  • One-on-One Q&A: Encountered a difficult problem? Our instructors provide post-class Q&A services to ensure every one of your doubts is resolved promptly.
  • Learning Community: Join our student WhatsApp/Telegram groups to study alongside financial elites from various industries and expand your professional network.
  • Career Development Support: We regularly host industry seminars and alumni networking events to provide you with the latest job vacancies and career advice.

Course Details

Course Structure and Duration

Our course design strictly follows the latest GARP Learning Objectives.

  • Part I Course: Covers Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. Total study time is approximately 60 hours.
  • Part II Course: Delves into Market Risk, Credit Risk, Operational Risk, and other practical applications. Total study time is approximately 60 hours.
  • Revision Course: Held 4 weeks before the exam, focusing on intensive question drilling and key point summaries.

Want a detailed breakdown of the exam subjects? Please refer to our Understanding FRM Exam Content guide.

Study Modes and Schedule

To accommodate busy working professionals in Hong Kong, we offer highly flexible study modes:

  • Face-to-Face: Conveniently located classrooms in Central/Wan Chai for an immersive learning atmosphere.
  • Live Webinar: Participate in class in real-time via Zoom, ask questions anytime, and save on commuting time.
  • Hybrid: You can freely choose whether to attend each session in person or online.
  • Schedule: Classes are typically scheduled on weekends (Saturday/Sunday) full-day or weekday evenings (19:00 - 22:00) to ensure no conflict with your daily work.

You can check our Management Schedule for the latest start dates.

Language of Instruction

We offer classes in various languages to meet different needs:

  • Cantonese Class: Taught in Cantonese, supplemented by English teaching materials and professional terminology (the most popular option).
  • English Class: Fully taught in English, suitable for international students or candidates accustomed to English-oriented thinking.
  • Mandarin Class: Opened based on demand, suitable for students whose native language is Mandarin.

Fees and Subsidies

Investing in education offers the highest return, but we are also committed to easing your financial pressure.

Course Fees

Our standard course fees are highly competitive in the market. We also provide flexible payment options, including interest-free credit card installments. If you enroll early (usually 1 month before the course starts), you can enjoy an Early Bird Discount.

Course Type Standard Fee (HKD) Early Bird Discount (HKD)
Part I Full Course $1X,800 $1X,000
Part II Full Course $1X,800 $1X,000
Part I + II Bundle $2X,000 $2X,000 (Best Value)

*Note: Actual prices are subject to the latest official announcements. Please contact us for details.

CEF Continuing Education Fund Subsidy

Kornerstone's FRM course is listed as a reimbursable course under the Continuing Education Fund (CEF). Eligible Hong Kong residents, upon successful completion of the course (attaining an attendance rate of 70% or above and passing the relevant exam), can apply for reimbursement of up to HK$25,000 in tuition subsidies. This means you may only need to pay a minimal amount or even complete the course for free.

Application Process Summary:

  1. Enroll in and study Kornerstone's FRM course.
  2. Take the FRM exam organized by GARP and pass.
  3. Submit the application form and required documents to the CEF Office.

Want to know the detailed application steps and document checklist? Please click to View CEF Subsidy Details in HK, where we have a dedicated article for in-depth explanation.

Other Offers

In addition to CEF, we also provide:

  • Group Discount: Enroll with 2 or more people to enjoy an additional discount.
  • Alumni Discount: Students who have previously taken other Kornerstone courses (such as CFA, PMP) can enjoy alumni pricing.
  • Referral Reward: Successfully refer a friend to enroll, and both parties will receive a reward.

Student Success Stories

Our success stems from the success of our students. Here are some real feedback from our students:

Real Student Testimonials

"Kornerstone's instructor is very experienced. His method of teaching 'Value at Risk (VaR)' calculations was much clearer than what's in the textbooks. The difficulty of the mock questions was very close to the real exam, which gave me great confidence. I passed Part I in one go in 2024!"
David L., Risk Analyst
"As an engineer with no financial background, I was initially worried about keeping up. But the course starts from basic mathematics and explains things in simple terms. Special thanks to the instructor for the patient Q&A after class. I have now successfully transitioned to the model validation department of a bank."
Sarah C.

For more student testimonials, please visit our Testimonials page.

Career Development Stories

According to our follow-up surveys of alumni, over 70% of students received a salary increase or promotion within one year of obtaining their FRM certification. For example, student Michael successfully transitioned from back-office operations to the market risk department of a Chinese bank after completing the course and obtaining his certificate, with a salary increase of 40%. This proves that the FRM course is not just exam training, but an accelerator for your career.

Frequently Asked Questions

Who is this course suitable for?

This course is suitable for anyone wishing to develop a career in the field of financial risk management, including but not limited to: bankers, fund managers, compliance officers, auditors, as well as university students or non-finance professionals looking to switch to the financial industry.

Can I participate if I don't have a finance background?

Absolutely. Our course design takes into account students from various backgrounds and starts with foundational concepts. For students with weaker mathematical foundations, we provide additional math preparation materials.

What support is available after course completion?

After the course ends, you remain a member of the Kornerstone community. We will continue to invite you to alumni events and industry lectures to support your lifelong learning and career development.

For more questions about enrollment and course details, please View More Course FAQs.

Ready to enhance your career competitiveness?

Don't let the opportunity slip away. Enroll in Kornerstone's FRM course today, utilize the CEF subsidy, and invest in your future.

Private in-house training

Apart from public, instructor-led classes, we also offer private in-house trainings for organizations based on their needs. Call us at +852 2116 3328 or email us at [email protected] for more details.

Why Choose Us?

  • KORNERSTONE is the No.1 FRM® training provider in Hong Kong in terms of its number of candidates trained for over 15 years (Listed on the Official GARP website)
  • Top Trainers – Over 20 Years of Experience in official FRM Training
    • Satisfaction Rate# : 9.6/10
  • Free Resit Until You Pass*
  • CEF Reimbursable^ (For Part I program)
  • High Passing Rate (Part I : 81.3% ; Part II: 92.8%)

 

#Survey of KORNERSTONE students, 2019-2023
* For KORNERSTONE members only
^ Continuing Education Fund
Course Title: Foundation Certificate in Financial Practices
Course Code: 33C159600
(i) This course has been included in the list of reimbursable courses under the Continuing Education Fund
(ii) This course / The mother course (Title of Qualification) of this module is recognised under the Qualifications Framework (QF Level 2)

About the Certification
  • FRM® is awarded by Global Association of Risk Professionals, GARP
  • GARP is a not-for-profit independent association of close to 150,000 risk management practitioners and researchers representing banks, investment management firms, government agencies, academic institutions, and corporations from more than 195 countries worldwide
  • Currently, there are over 80,000 FRMs worldwide represented in banks, government agencies, regulatory bodies, investment boutiques and exchanges. 90% of FRM® candidates would recommend it to others
  • In May/August 2023, the passing rate for FRM® Part I is 47% and 51% for FRM® Part II examination
  • GARP official website: http://www.garp.org
Training Outlines

FRM® Part I

  • Foundations of Risk Management
  • Quantitative Analysis
  • Financial Markets and Products
  • Valuation and Risk Models

 

FRM® Part II

  • Market Risk Measurement and Management
  • Credit Risk Measurement and Management
  • Operational Risk and Resiliency
  • Liquidity and Treasury Risk Measurement and Management
  • Risk Management and Investment Management
  • Current Issues in Financial Markets
Training Highlights
  • 93 hours of instructor-led training
    (FRM® Part I: 45 hours, FRM® Part II: 48 hours)
  • Blended-learning mode (Live Training, Video Catch-up and Facebook Study Group)
  • Study package approved by GARP, including learning objectives, question bank by topics, practice exam and reference readings
  • Real case sharing will be adopted in class to enable practical application of financial risk management knowledge
  • Free re-sitting for those who fail the FRM® exam with 80% of attendance or above (on a first-come first-served basis)
Examination Highlights

FRM® Part I

  • 4-hour examination
  • 100 multiple-choice questions

 

FRM® Part II

  • 4-hour examination
  • 80 multiple-choice questions
Exam Window in 2026

May

Part I: May 9 – May 15, 2026

Part II: May 16 – May 19, 2026

 

Aug

Part I: August 7 – August 8, 2026

Part II: August 7 – August 8, 2026

 

Nov

Part I: November 14 – November 20, 2026

Part II: November 21 – November 25, 2026

Certified Requirements
  • A passing score on the FRM® examination (Both Part I and Part II in 4 years)
  • Active membership of the Global Association of Risk Professionals
  • A minimum of two years of work experience* in the area of financial risk management or any other related field including, but not limited to, trading, portfolio management, academic or industry research, economics, auditing, risk consulting and/or risk technology

* For those who do not have sufficient work experience may submit their 2 years of work experience within 5 years upon passing the FRM® examination

Trainers

Mr. Jack Tsang

  • Financial Risk Manager, FRM®
  • Chartered Wealth Manager® (CWM®)
  • Chartered Financial Analyst® (CFA®)
  • Certified Public Accountants (CPA)
  • Master of Laws in Corporate and Financial Law
  • Over 20 years risk management experiences with Big 4 accounting firm, regulatory bodies, commercial banks and fund house

 

Dr. Francis Lau

  • Financial Risk Manager (FRM®)
  • Chartered Financial Analyst (CFA®)
  • PhD in Finance (dynamic relationship between Hang Seng Index, Hang Seng Index Futures, Tracker Fund and the index constituents)
  • Seasoned Risk Manager
  • Over 20 years experience in quantitative analytics, portfolio management, MIS, regulatory reporting and business process reengineering for retail, wholesale and investment banking
What Our Clients Say

 

“The trainers are experienced and knowledgeable. They used real life examples for illustration, this not only equips myself for the FRM® Exam, but also enriches my horizon and thoughts on the current and future risk management framework. It is really a wonderful experience in attending the FRM® training course. Thank you so much!”

Chanel Mok
HSBC Insurance (Asia) Ltd.
 

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