The document provides information about the Financial Risk Manager (FRM) certification program, which involves passing two exams to demonstrate knowledge of financial risk management. It details the requirements to obtain the FRM charter, including work experience and education qualifications. Key details are provided around the exam dates and locations, registration fees, course structure and duration, and payment options for an upcoming training program in India to prepare candidates for the FRM exams.

1. Training Programme

2. 
The Financial Risk Manager (FRM®) certification is the globally
recognized benchmark and professional designation for financial risk
managers.

A candidate who successfully completes the programs and meets the
professional requirements is awarded a "FRM Charter"
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There are 2 levels and you need minimum 6 months to complete this
course.

FRM charter holder membership requirements are 24 months of
acceptable professional work experience and passing the Part I and Part
II exams and an active membership of GARP.

Exams are conducted all over the world (including India) twice in a year
i.e May or November.

3. 
Having an advanced degree and certification in financial risk
management helps to increase career potential.

Earning your FRM designation not only broadens your skill
set, it demonstrates a standardized level of industry
knowledge, making you a recognized leader in financial risk
management.

FRM holders have positions such as Chief Risk Officer, Senior
Risk Analyst, Head of Operational Risk, and
Director, Investment Risk Management, to name a few

4. 
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
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Graduation is the requirement for this course.
This program is catered for excellent openings in
Large National and International Banks,
Large investment firms and other financial
institutions.IT professionals, Analytics and Finance
professionals with an interest in risk management.
Hence plenty of excellent job opportunities in large
banks, investment firms
It is also beneficial for Btech, IT
professionals, MBA, Finance graduates who are
interested in financial risk management career.

5. 
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
Mr Sreenivasan Iyer with more than 25 years of
experience globally at senior financial
positions, with the following qualifications.
2004 Financial Risk Manager from GARP (U.S.A.)
2000 Certified Public Accountant (CPA) from AICPA
(U.S.A.)
1999 Chartered Financial Analyst (CFA) from CFAI /
AIMR (U.S.A.)
1999 Certified Management Accountant (CMA)
from IMA (U.S.A.)
1983 Fellow Member of Institute of Chartered
Accountants of India from ICAI (India)

6. 
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1. Foundations of Risk Management - 20%
Risk Measurement
Risk Management
2. Quantitative Analysis – 20%
Fundamentals of Probability and Statistics
Monte Carlo Methods
3. Financial Markets and Products – 30%
Bond Fundamentals and Option Markets
Fixed Income Securities and Derivatives
4. Valuation and Risk Models – 30%
Risk Models and Linear Risk
Non Linear Risk Models

7. 
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5. Market Risk Measurement and Management – 25%
Advance Risk Models: Univariate and Multivariate
Managing Volatility Risk
6. Credit Risk Measurement and Management – 25%
Credit Risk and Credit Exposure
Managing Credit Risk
7. Operational and Integrated Risk Management – 25%
Operational Risk and Liquidity Risk
Firm wide Risk Management
8. Investment Risk Management – 15%
Portfolio Risk Management
Hedge Risk Management
9. Current Issues in Financial Markets – 10%
Basel III regulations

8. 
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1. You are analyzing a two-year interest rate swap with
a notional principal of USD 100 million. The swap has a
fixed rate of 2.15% and a floating rate of 6-month
LIBOR + 60 basis points. Assuming semi-annual
payments and a 360-day count convention, what is the
net settlement payment for the first 6-month period,
assuming 6-month LIBOR is at 1.15% at the start of the
swap and 1.45% after 180 days?
a. Fixed rate payer pays USD 200,000.
b Fixed rate payer receives USD 200,000.
c. Fixed rate payer pays USD 50,000.
d. Fixed rate payer receives USD 50,000.

9. 
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2. Mixed Fund has a portfolio worth USD 12,428,000
that consists of 42% of fixed income investments and
58% of equity investments. The 95% annual VaR for the
entire portfolio is USD 1,367,000 and the 95% annual
VaR for the equity portion of the portfolio is USD
1,153,000. Assume that there are 250 trading days in a
year and that the correlation between stocks and bonds
is zero. What is the 95% daily VaR for the fixed income
portion of the portfolio?
a. USD 21,263
b. USD 46,445
c. USD 55,171
d. USD 72,635

11. 
Third Saturday of May and November i.e.
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May 17, 2014 and November 15, 2014
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Exam centers in India:
Bangalore, Chennai, Hyderabad, Kolkatta, Mumbai
and New Delhi
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Exam timings:
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8 AM to 12 PM (Part 1)

2 PM to 6 PM (Part 2)


12. Enrollment
Fees
Examination
Fees
Total Fees
Early Registration ( Closes
on 31, Jan, 2014)
USD 300
USD 350
USD 650
Standard Registrations ( 1
Feb 1 to Feb 28 , 2014)
USD 300
USD 475
USD 775
Late Registration ( Mar 1
to Apr 15, 2014)
USD 300
USD 650
USD 950

13. Title
FRM from GARP, USA
Duration
15 week ends (Saturdays & Sundays)
Course
Fees
INR 20,000(plus service tax)
Mode
Face-to-face & Online Virtually-Live
Classes

14. Modalities for payment
◦ Cheques to be couriered to 4/4 East Patel Nagar, Delhi110008
◦ Cheques can be deposited in our HDFC Bank Account no.
01442000012558 in any HDFC Bank Branch
◦ For transferring funds on-line through net-banking
NEFT, branch IFSC Code is: HDFC0000144
◦ Call for Our exécutive to pick-up the cheque/cash from
your door-steps
Reference websites:
www.takshilalearning.com
www.garp.org

15. Contact Central Helpline no.
91-99581 57000