FRM® Workshops

Key highlights of our FRM® program are as follows:

» Faculties drawn from IITs/IIMs with CFA®/FRM® certifications and substantial work experience (in top investment banks) in the field of quant analysis and risk management
» Over 110 hrs of classroom training (highest amount of quality lecture time in India) for FRM L1 spread across 25days – No overburden! (Other institutes finish syllabus in less than 10-12days)
» Exhaustive set of practice question bank (more than 900 questions) prepared by IAFI’s expert faculties
» Buy only practice question bank at Rs1500/
» Innovative Lecture Delivery – Surprise tests, emphasis on personal interaction with each candidates and revision in classroom. Our objective is to make your learn and retain the knowledge forever!
» Learning through problem solving by you in classroom. Unlike other institutes, our “teaching methodology” is not corporate presentation!
» Our faculties are approachable beyond classroom – we arrange doubt clearing session just before the exam!
» High faculty student ratio – batch size limited to only 20 students
» Careers counseling and placement assistance at no additional cost
» Assurance of Success - Only institute providing cash back on the fess you paid in the unlikely event of failure
» A discount of 10% for a group of 3 or more students

The Institute of Advanced Finance (IAFI) provides comprehensive preparation workshops for both levels of the FRM® program (www.garp.com) to help create cutting-edge risk managers in the financial services domain. The FRM® exam (Level 1 & 2) takes place twice in the months of May and November every year. These are four hour exams (morning session - 2 hours, afternoon session - 2 hours, multiple choice questions – L1:100, L2:80). Broadly, the syllabus contains following topics - quantitative methods, financial products, market/credit/operational risk, Portfolio Management, Legal/Tax/Accounting risk, and Regulation/Compliance.

Why FRM®? – Career opportunities

The current market turmoil has once again brought to the forefront the ‘value of risk’ and the need for quality risk managers across all key functions of a financial institution. There is large demand for professionals across the entire risk spectrum – to measure and act upon market, credit and operational risk. This is further illustrated by the fact that, while industry-wide there has been large-scale retrenchment across most departments, the demand for quality risk professionals is only increasing. The roll-out of Basel II regime for the measurement of risks at financial institutions has provided a further boost to career opportunities of risk professionals.

The FRM® certification is a very strong signal of the candidate’s command of the various risk management concepts and is very highly valued by the industry across the world. Both sell-side (Investment banks, commercial banks, brokers) and buy-side (Asset management, insurance, hedge funds, etc) participants provide many exciting career opportunities for FRM® certified risk professionals. Additionally, IT professionals working in financial domain can immensely benefit from the FRM® certification as the knowledge gained through the course will help them to understand and execute projects efficiently. This will also help them to switch their career.

Comprehensive classroom teaching
Our FRM® classes commence in mid-January / mid-June every year and will consist of exhaustive weekend workshops for 15-25 weeks (more than 110 hours of lecturing) and will bring you to speed for the examination. We do not focus on completing a topic for completion sake – our faculty will strive to imbibe the underlying concepts in the program participants so that they can better appreciate the necessity of a particular framework in actual risk management applications. This intensive classroom coaching by industry risk experts coupled with thorough sample exams will keep you ahead of the pack.

Best in class faculty
We promise you the best in class faculty with an unmatched pedigree. All the key faculty members are from the IITs/IIMs with specialisation in finance and with proven track record as advisors, analysts and managers at leading New York/London based trading houses. They also have additional qualifications like CFA®, FRM®, CPA®, CAIA and overseas MBA. We do not have a generalist philosophy to teaching – each faculty member at IAFI, through his education and experience, develops a strong expertise in a specific area (such as financial statement analysis, economics, fixed-income, derivatives). The faculty member then strives to transfer his command of the area to program participants. You can find the profiles of core faculty members here.

High Faculty-Student Ratio
To make the sessions more meaningful and personalised, we limit the batch size to only 20 students. This enables all students to readily access the instructors for any doubt clearing as and when needed. Our faculties are reachable by phone, e-mail and also face-to-face meetings beyond the class timings based on a candidates need.

Retention is the key
While our expert faculty members bring clarity and understanding of the underlying concepts for the FRM® examinations, we recognize that this is not sufficient by itself. Given the large and diverse subject matter expertise needed to succeed, we put equal emphasis on retention of the topics imbibed in the classroom. Our scientifically designed workshop sessions have several layers of in-built revisions of the key areas to keep the candidate well prepared to succeed on the exam day.

Who should enrol for the FRM® exam?

» Finance professionals (quant analyst, risk manager, derivative trader, research analyst, portfolio manager) from wide range of organizations (investment/commercial banks, asset management house, brokerage house, insurance firms, hedge funds and credit rating agencies)
» Treasury/investment professionals from multinational corporate
» IT Professionals (Business Analyst, Developers) working in BFSI domain
» Students – MS Finance, MBA Finance, BE and graduates in Math/Physics/Statistics – aspiring to pursuer career in the risk management
» Working professional aspiring to switch career in the risk management

New Exam Pattern

» Under the new pattern, the FRM® exam is now split in two levels (L1 & L2). L1 & L2 levels will be conducted simultaneously in the month of May and November each year
» Duration of each exam (L1 & L2) will be 4 hours (2 hours of morning and after-noon session with a 150min break in between)
» Multiple choice questions (L1: 100, L2: 80). No negative marking.
» FRM® L1 exam fee (May 22, 2010 exam) for new candidate: $650
» For more information on the FRM® certification and exam pattern, please refer to GARP website (www.garp.com)

For more details feel free to contact us.