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FRM® Level 1 Certification Training in Dammam, Saudi Arabia

Get the certification that will launch your career in the field of risk management—Financial Risk Management!

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Modes of Delivery

Classroom

Our classroom training provides you the opportunity to interact with instructors face-to-face.

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Description

The Financial Risk Manager (FRM®) designation is the globally recognized benchmark for those who manage risk in corporate finance. FRM®- Level 1, a certification offered by GARP (Global Association of Risk Professionals), is a base-level qualification for risk management professionals. This certification gives a solid footing in the principles of analyzing, controlling, or assessing potential credit risk, market risk, and liquidity risk as well as non-market related financial risks.

The FRM® Level 1 Exam is a challenging and practice-oriented exam, which calls for systematic and comprehensive study methodology to ensure success. The exam covers key areas of financial risk management presented in the context of real-world scenarios. To ace the exam, candidates need to be thoroughly grounded in the skills and knowledge needed to survive in today's complex financial landscape. KnowledgeHut’s training will help you aim for a first time pass of the exam.

What you will learn:

The workshop and the subsequent FRM® certification will help you:

  • Become recognized across the globe as a leader in financial risk management
  • Increase your career opportunities and enhance your earning potential
  • Expand your knowledge and understanding of the latest financial risk concepts
  • Develop your personal and professional opportunities within the world of finance
  • Add to your credibility and respect from employers, peers, and clients
  • Grow your global networking connections to over 26,000 FRM® holders in 136 countries across the globe.

You will also get:

  • High quality training from an industry expert
  • 50 PDUs
  • Downloadable e-book

Key Features

KnowledgeHut is listed on GARP Exam Preparation Providers for FRM Part 1 and 2
5-days classroom workshop combined with 10 online hours study for FRM preparation
End-to-end exam prep assistance
Comprehensive, downloadable e-book
50 PDUs
Master all areas of financial risk management

Certification

Prerequisites:

There are no prerequisites to attend the workshop or to appear for the exam.

Certification:

In order to be certified as a Financial Risk Manager (FRM®) and be able to use the FRM acronym after your name, the following are required:

  • A passing score on both Part I and Part II of the FRM® Examination
  • A minimum of two years professional full-time work experience in the area of financial risk management or another related field including, but not limited to, trading, portfolio management, faculty academic, industry research, economics, auditing, risk consulting, and/or risk technology
  • Active Fellow Membership in GARP
The Exam:

The FRM® Exam is a pencil and paper multiple choice exam given in two parts. It is offered exclusively in English, in May and November every year.

The FRM® Exam Part I focuses on the essential tools and concepts required to assess financial risk. There will be 100 questions in the exam (on 4 topics), which will need to be completed in 4 hours’ time.

Topics
Weightage in FRM® Level 1 Exam
Quantitative Analysis
20%
Financial Markets and Products
30%
Valuation and Risk Models

30%

Foundations of Risk Management
20%

The questions are multiple choice and there will be no negative marking. Candidates must pass Part I of the FRM® Exam in order to have Part II graded.

For more details, visit GARP’s FRM Exam Format Webpage.

The curriculum for the FRM® program comprises the topic areas below, and there are two parts to the exam that test the academic portion of the program. Both parts have a strong emphasis on Quants.
The FRM® Part I curriculum covers the tools used to assess financial risk: quantitative analysis, fundamental risk management concepts, financial markets and products, and valuation and risk models.

Modules covered:
  • Valuation and Risk Module-Introduction To VAR
  • Quantitative Analysis-Probability Distribution
  • Valuation and Risk Module-Option, Option Strategy and Valuation
  • Introduction (Option, Futures and Other Derivatives)
  • Mechanics of Futures Markets
  • Hedging Strategies Using Futures
  • Interest Rates
  • Determination of Forward and Futures Prices
  • Interest Rate Futures
  • Swaps
  • Properties of Stock Options
  • Trading Strategies Involving Options
  • Commodity Forwards and Futures
  • Fundamentals of Commodity Spot and Futures Markets: Instruments, Exchanges and Strategies
  • Foreign Exchange Risk


  • Bond Prices, Discount Factors and Arbitrage
  • Bond Prices, Spot Rates, and Forward Rates
  • Yield to Maturity
  • One-Factor Measures of Price Sensitivity
  • Binomial Trees
  • The Black-Scholes-Merton Model
  • Greek Letters
  • Measures of Financial Risk
  • Putting VAR to Work
  • Operational Risk
  • Extending the VAR Approach to Operational Risk
  • Stress Testing
  • Principles for Sound Stress Testing Practices and Supervision
  • Rating Agencies
  • External and Internal Ratings
  • Country Risk Models
  • Sovereign Risk
  • Loan Portfolios and Expected Loss
  • Unexpected Loss
  • Review of Probability
  • Discrete Probability Distributions
  • Continuous Probability Distributions
  • Hypothesis Testing
  • Correlation Regression
  • Multiple Regression
  • Monte Carlo
  • Estimating correlation and volatility
  • Quantifying Volatility in VAR Models
  • Foundations of Risk Management

Our Students

"The course content covered most of the basics and went deeper into details when required. Good hands-on exercises with practical examples."

"Excellent trainer and with confidence I can handle all sorts of PM scenarios and can challenge your mindset. Very good customer service from KnowledgeHut."

"I learned much from this training session, the faculty had good knowledge of the subject matter and provided good learning examples."

"2days PMP training was very good, I got lot of inspiration from this training."

Shreerang Bhawalkar

Shreerang Bhawalkar

ADP Dealer Services
Milind Gawaskar

Milind Gawaskar

Design Managr at NEC
Jan Miko

Jan Miko

Senior Digital Manager
Ada Lee

Ada Lee

Marketing Director

Frequently Asked Questions

The Financial Risk Manager (FRM®) designation is a globally recognized standard for those who manage risk. FRM®- Level 1, a certification offered by GARP (Global Association of Risk Professionals), is a base-level qualification for risk management professionals. This certification gives a firm footing in the principles of analyzing, controlling, or assessing potential credit risk, market risk, and liquidity risk as well as non-market related financial risks. The FRM® Level 1 Exam covers key areas of financial risk management presented in the context of real-world scenarios. To pass the exam, candidates need to be thoroughly grounded in the skills and knowledge needed to survive in today's complex financial landscape. FRM® holders perform a range of functions related to risk management within investment banks, asset management firms, as well as in corporations and government agencies. Certified FRMs who have successfully completed the rigorous FRM® programme are much valued by top employers across a range of businesses.

FRM® holders perform a range of functions related to risk management within investment banks, asset management firms, as well as in corporations and government agencies. Certified FRMs who have successfully completed the rigorous FRM® programme are much valued by top employers across a range of businesses.

This course is currently not available in a purely virtual format. Please check for updates.

You can appear for the exam even without the required work experience but remember that in order to get the certification and practice, you must pass the exam and gain the stated work experience.

If one passes the FRM exam (Full exam or both Part-1 and Part-2) but does not have the 2 years of relevant work experience, GARP issues a letter stating that the candidate has passed the FRM exam. The candidate will be considered as "FRM Holder" but not "Certified FRM Holder". The FRM certification will be conferred after the candidate submits proof of 2-years work experience to GARP, and receives confirmation from GARP that the candidate has been formally included on its registry of certified FRM holders.

Candidates are entitled to use the statement "FRM Program: Passed Parts I & II" in their resume.

Yes, you must aim to gain FRM Part II within 4 years from the date when you passed the FRM Part I exam. Also you have 5 years from the date you passed the FRM Exam Part II to have your work experience verified.

PDUs are credits awarded by the Project Management Institute and recognize your dedication to project management best practices. PDUs are offered by the PMI®, and every PMI® certification, except the CAPM®, requires you to earn a specific number of PDUs per three-year certification cycle.

In order to appear for the FRM exams, you have to first register with www.garp.org. The fees are different depending on when the candidate has enrolled and as what. The following link will give you all the details: https://www.garp.org/#!/frm/fees-payments

KnowledgeHut will give you comprehensive courseware in the downloadable format. Free exam study guides are also available from GARP but if you want official books from GARP then you have to pay for them.


GARP requires certified individuals to gain and maintain Continuing Professional Development (CPDs) to meet the career demands of a FRM® and stay up-to-date.

For more information check: http://www.garp.org/#!/cpd


Remember that GARP does not provide refunds for either the Exam Enrolment or Exam Registration Fee.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: http://www.knowledgehut.com/refund

Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!


An indicative mix of participants would include:

  • Analytics Client Consultants – Risk Management Analytics
  • Risk Managers, Personal Banking
  • Corporate Risk – Managing Directors – COO & Risk Officers for Global Asset Liability Management
  • Risk Quantification Managers
  • Managers, Operational Risk Advisory and Oversight for Wealth Management
  • Large Enterprise Commercial Risk Managers
  • Senior Operational Risk Managers
  • Credit Risk Specialists
  • Market Risk Specialists
  • Operational Risk Analysts
  • Regulatory Risk Analysts
  • Prudential Risk Managers
  • Enterprise Risk Managers

FRM® Level 1 Certification Course in Dammam

Risk Management: FRM Level 1 Certification in Dammam In Dammam with the expansion of the private sector, the need for financial management and financial risk management also increased. Financial risk management is required in oil companies as well in order to prevent them from unforeseen losses. The role of a finance risk manager in Dammam will be to identify, evaluate and regulate threats to a company?s capital and earnings.KnowledgeHut is offering Financial Risk Management FRM certification in Dammam so that candidates can learn the principles of assessing, measuring or controlling the potential credit market and liquidity risk as well as non-market-related financial risks. What is the course about? In FRM level 1 in Dammam, the candidates will acquire base level qualification which will benefit them in identifying and controlling dangers that can arise on a company?s capital and income. The course FRM training online in Dammam is divided into two modules, quantitative analysis and foundation of risk management. It will update and expand your understanding on the concepts latest financial risks. Benefits of the course The applicants will surely increase their career opportunities and credibility. The financial risk manager FRM certification increases the chances of candidates receiving a higher salary package manifold. It is extremely beneficial for companies as well because it will assist them in decreasing their business liabilities, foresee and forecast hidden risks and build a better defensive and regulatory system. The KnowledgeHut Way KnowledgeHut provides the risk manager training in Dammam from a well-versed professional from the industry. The fee charged is also reasonable and you can access their LMS for 100 days without any charge. You can enrol on their website or book a private or group session as well.

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