Showing posts with label Financial risk managers. Show all posts
Showing posts with label Financial risk managers. Show all posts

Wednesday, December 25, 2024

Enroll before 1 st January 2025.. ACCA FRM CIPFA EA CIA CPA

Enroll before 1 January 2025..ACCA CPA CIMA FRM CIPFA EA..Gmsisuccess Goregaon West Mumbai Tel 9773464206.Click here ✍️ to get this offer..CIA Gmsi Training Centre on Google: https://posts.gle/zE7Aas

How global professional credentials programs can help students boost their professional career prospects and jobs in MNC companies:

Enhanced Career Prospects

1. *Global Recognition*: Credentials like US CMA, US CPA, CIMA, ACCA, FRM, CIPFA, EA, and IFRS EA are recognized globally, making it easier to work abroad or for MNCs.


2. *Increased Earning Potential*: Studies have shown that professionals with these credentials can earn higher salaries compared to those without.


3. *Career Advancement*: These credentials demonstrate expertise and commitment, leading to faster career advancement and promotions.

Improved Job Prospects in MNCs

1. *MNCs' Preferred Qualifications*: Many MNCs require or prefer candidates with these credentials, especially in finance, accounting, and risk management roles.


2. *Global Networking Opportunities*: These credentials provide access to global networks of professionals, creating opportunities for collaboration, mentorship, and job referrals.


3. *Cultural Adaptability*: Professionals with these credentials have demonstrated their ability to adapt to global standards and best practices, making them more attractive to MNCs.

Development of Key Skills

1. *Technical Expertise*: These credentials develop technical skills in finance, accounting, risk management, and other related areas.


2. *Strategic Thinking*: Professionals with these credentials learn to think strategically, making them valuable assets to MNCs.


3. *Communication and Leadership*: These credentials help develop essential soft skills, such as communication, leadership, and teamwork.

Increased Competitiveness

1. *Differentiation*: Having a global professional credential differentiates you from others in the job market.


2. *Competitive Edge*: These credentials demonstrate a commitment to ongoing learning and professional development, giving you a competitive edge in the job market.


3. *Adaptability*: Professionals with these credentials are better equipped to adapt to changing market conditions and industry requirements.

Some popular global professional credentials programs include:

1. *US CMA (Certified Management Accountant)*: Offered by the Institute of Management Accountants (IMA)


2. *US CPA (Certified Public Accountant)*: Offered by the American Institute of Certified Public Accountants (AICPA)


3. *CIMA (Chartered Institute of Management Accountants)*: Offered by the Chartered Institute of Management Accountants (CIMA)


4. *ACCA (Association of Chartered Certified Accountants)*: Offered by the Association of Chartered Certified Accountants (ACCA)


5. *FRM (Financial Risk Manager)*: Offered by the Global Association of Risk Professionals (GARP)


6. *CIPFA (Chartered Institute of Public Finance and Accountancy)*: Offered by the Chartered Institute of Public Finance and Accountancy (CIPFA)


7. *EA (Enrolled Agent)*: Offered by the Internal Revenue Service (IRS)


8. *IFRS EA (International Financial Reporting Standards Enrolled Agent)*: Offered by the International Association of Accounting Professionals (IAAP

)

www.gmsisuccess.in


Tuesday, May 19, 2020

How to Become a Certified Financial Risk Manager (FRM®)

How to Become a Certified Financial Risk Manager (FRM®)


  • Financial Risk Managers (FRM) receive accredited by the Global Association of Risk Professionals (GARP).
  • FRMs specialize in assessing risk for major banks, insurance companies, accounting firms, regulatory agencies, and asset management firms.
  • FRM certification requires passing a two-part exam and completing two years of work experience in financial risk management.
An FRM identify threats to assets, earning capacity, or the success of an organization. FRMs may work in financial services, banking, loan origination, trading, or marketing. Many specialize in areas like credit or market risk. FRMs determine risk by analyzing financial markets and the global environment to predict changes or trends. It is the FRM’s role to develop strategies to counteract the effects of potential risks.
To receive the FRM designation, candidates must successfully complete a comprehensive, two-part exam and complete two years of work experience in financial risk management.
The exam is recognized in over 90 countries and is designed to measure a financial risk manager’s ability to manage risk in a global environment.
The FRM Exam covers the application of risk management tools and techniques to the investment management process. The questions are practical and related to real-world work experiences. Candidates are expected to understand risk management concepts and approaches as they would apply to a risk manager’s day-to-day activities.
The exam tests knowledge of the tools used to assess financial risks, such as quantitative analysis, fundamental risk management concepts, financial markets and products, and risk models. The FRM Exam Part I focuses on the essential tools and concepts required to assess financial risk. Passing the FRM Exam Part I is the first step for an individual to become a Certified FRM.

FRM Exam Format

The FRM Exam Part I and Part II are pencil-and-paper, multiple-choice exams. They are offered solely in English, twice a year in May and November, at over 100 exam sites around the world.

Body of Knowledge

Part I
A 100 question multiple-choice exam, the FRM Exam Part I focuses on the tools used to assess financial risk: quantitative analysis, foundations of risk management, financial markets and products, and valuation and risk models. Part I is always offered in the morning and must be completed in four hours or less.
Part II
The FRM Exam Part II is an 80 question multiple-choice exam, emphasizing the application of the tools acquired in Part I: market, credit, operational and integrated risk management, investment management as well as current market issues. Part II is always offered in the afternoon and must be completed in four hours or less.
Never leave an answer blank. A blank answer has a maximum point value of zero. A randomly marked answer has an expected value of 0.25 points, and if you can eliminate one bad answer, this value increases to 0.33 points. You will not be penalized for wrong answers.

FRM Exam Dates and Registration Periods

Examination Dates:
  • May 16, 2020
  • November: Date TBD
Final deadline exam registrations—May 2020:
  • Early Registration – Ends January 31, 2020
  • Standard Registration – Ends February 29, 2020
  • Late Registration – Ends April 15, 2020
Final deadline exam registrations—November 2020:
* Registration Dates are TBD

FRM Progam Fees

Enrollment for the FRM exam requires a one-time enrollment fee of $400 (USD), due when you register for your first level I FRM exam, as well as individual exam registration fees.
  • Early – $425
  • Standard – $550
  • Late – $725

Requirements to Earn the FRM

  1. Register to Take the Exam
  2. Pass FRM Exam Part I
  3. Register for Part II
  4. Pass FRM Exam Part II
  5. Demonstrate two years of relevant work experience
Please note that if a candidate elects to take Part II on the same day as Part I, their Part II Exam will not be marked by GARP unless they first pass Part I