Financial Risk Manager

FRM®

Overview

The FRM® certificate has been adopted by companies as a benchmark to ensure their risk management employees are well versed with the latest financial risk concepts. The FRM® certificate program aims to train risk professionals who are qualified to provide competent advice based on globally accepted industry standards and committed to personal professional development.

KORNERSTONE is the No.1 FRM® training provider in Hong Kong in terms of its number of candidates trained for over 10 years (Listed on the official GARP website).

GARP does not endorse, promote, review or warrant the accuracy of the products or services offered by KORNERSTONE Institute of GARP Exam related information, nor does it endorse any pass rates that may be claimed by KORNERSTONE Institute. Further, GARP is not responsible for any fees or costs paid by the user to KORNERSTONE Institute nor is GARP responsible for any fees or costs of any person or entity providing any services to KORNERSTONE Institute. ERP®, FRM®, GARP® and Global Association of Risk ProfessionalsTM, in standard character and/or stylized form, are trademarks owned by the Global Association of Risk Professionals, Inc.

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GARP

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 50,000 FRMs worldwide represented in banks, government agencies, regulatory bodies, investment boutiques and exchanges. 90% of FRM® candidates would recommend it to others
  • In May 2019, the passing rate for FRM® Part I is 42% and 60% 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
  • KORNERSTONE is the No.1 FRM® training provider in Hong Kong in terms of its number of candidates trained for over 10 years (Listed on the Official GARP website)
  • Real case sharing will be adopted in class to enable practical application of financial risk management knowledge
  • CEF reimbursable (only Part I program)

       

  • 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

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.

“Jack helped us understand almost all aspects of FRM®, his teaching style made me understand and remember the concepts accurately and effectively. I particularly appreciate his after-class support – he answered our questions promptly and even joined our Facebook discussion that he creates for his FRM® students. I have learnt a lot and received an unforgettable experience in KORNERSTONE. Big thank to Jack for bringing us a real experience of financial risk management, real cool!

Vesta Yim

Raymond Y.L.Lai & Co.