The FRM Part I exam presents a significant challenge, so it is essential to dedicate ample time and effort to prepare adequately. There are no shortcuts! You need to thoroughly learn the material, familiarize yourself with the terminology and techniques, understand the concepts, and be able to answer multiple-choice questions quickly and accurately, aiming for at least a 70% correct rate. A good estimate of the required study time is 250 hours on average, but some candidates will need more or less time, depending on their backgrounds and experience.
Over the years, the KAPLAN SchweserNotes have helped thousands of students prepare for the FRM Exams. The Foundations of Risk Management is the first book of the FRM Exams (part 1).
You can download the free PDF version of the book here and embark on the journey to become a Certified Financial Manager.
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