Careers360 Logo
ask-icon
share
    FRM Eligibility Criteria 2026 - Age, Qualification, Work Experience
    • Articles
    • FRM Eligibility Criteria 2026 - Age, Qualification, Work Experience

    FRM Eligibility Criteria 2026 - Age, Qualification, Work Experience

    Mirza Farhan BaigUpdated on 02 Feb 2026, 03:14 PM IST

    The Global Association of Risk Professionals (GARP) specifies the FRM course requirements 2026. The FRM eligibility criteria comprise the conditions that candidates need to fulfil to get the FRM certification. According to FRM eligibility 2026, anyone can take the FRM exam, including a student who is currently a graduate or even a student who holds a postgraduate degree in Finance. However, there are some FRM course requirements 2026 to get the FRM certification. In this article, we will dig deep into FRM eligibility requirements 2026, educational qualifications, work experience etc.

    This Story also Contains

    1. FRM Course Overview 2026
    2. FRM Course Eligibility Criteria 2026
    3. FRM Certification Work Experience Requirements
    4. FRM Passing Criteria 2026
    5. FRM Course Passing Estimate 2026
    6. How to Elevate Your Chances of Passing the FRM Exam
    FRM Eligibility Criteria 2026 - Age, Qualification, Work Experience
    FRM Eligibility Criteria 2026

    FRM Course Overview 2026

    Particulars

    Details

    Name

    Financial Risk Manager

    Abbreviation

    FRM

    Governing body

    Global Association of Risk Professionals (GARP)

    Exam type

    International certification

    Test centre administration

    GARP

    Number of exams

    2 (Part I, Part II)

    Exam duration

    4 hours (each)

    Number of questions

    Part I - 100 questions

    Part II - 80 questions

    Question type

    Multiple-choice (MCQs)

    Certification validity

    2 years


    FRM Course Eligibility Criteria 2026

    There is no specified eligibility criteria to take the FRM Level 1 and Level 2 exams. Candidates who are currently pursuing their graduation are also eligible to take the exam. GARP has specified the FRM course eligibility through its official website. The eligibility criteria to get FRM certification has been given below:

    • Candidates must take the FRM Level 1 exam. There are no specified educational qualifications to take the Level 1 exam.

    • Candidates who have passed the FRM Level 1 exam. The FRM Level 2 exam must be completed within 4 years from the date of passing the FRM Level 1 exam.

    • Once candidates pass the FRM Level 2 exam, they must also obtain two years full-time relevant financial risk management work experience.

    FRM Certification Work Experience Requirements

    Candidates have a time period of five years to submit two years full-time relevant financial risk management work experience after passing the FRM Level 2 exam. Candidates who have 10 years of work experience before enrolling for the FRM exam are also eligible for certification. Candidates must note that in case they fail to get two years work experience within the specified timeframe, they must re-enroll for the FRM Level 1 exam, pay all the application fee, retake both the exams and again obtain work experience to get the FRM certification.

    You may also check: FRM Salary in India

    FRM Passing Criteria 2026

    The GARP has not specified any specific passing criteria for the FRM Level 1 or Level 2 exams. Candidates are sent their scores over email consisting of the pass/fail status. The FRM exam aims at providing candidates all the necessary knowledge as competent finance professionals rather than a specific score. The FRM passing criteria is defined according to the difficulty level of the exam. The FRM difficulty level varies from one session to the next. However, students can take help of the FRM passing score estimate 2026 to get an idea about the number of questions they need to get right to pass the exam:

    FRM Course Passing Estimate 2026

    Level

    Number of Correct Questions

    FRM Level 1

    50-60 out of 100 or a score of 65% +

    FRM Level 2

    48+ out of 80

    FRM Exam Passing Percentage

    SessionLevel 1Level 2

    May 2010

    November 2010

    53%

    39%

    54%

    55%

    May 2011

    November 2011

    53%

    47%

    62%

    57%

    May 2012

    November 2012

    47%

    47%

    61%

    56%

    May 2013

    November 2013

    46%

    51%

    57%

    58%

    May 2014

    November 2014

    42%

    49%

    58%

    59%

    May 2015

    November 2015

    43%

    49%

    52%

    62%

    May 2016

    November 2016

    45%

    45%

    50%

    54%

    May 2017

    November 2017

    42%

    42%

    54%

    52%

    May 2018

    November 2018

    41%

    50%

    53%

    56%

    May 2019

    November 2019

    42%

    46%

    60%

    59%

    October 2020

    November 2020

    44%

    45%

    62%

    59%

    May 2021

    November 2021

    47%

    45%

    59%

    63%

    May/Aug 2022

    November 2022

    51%

    50%

    57%

    59%

    May/Aug 2023

    November 2023


    47%

    45%

    51%

    53%

    May/August 2024

    November 2024

    56%

    55%

    52%

    52%

    May/August 2025

    November 2025

    58%

    TBA
    52%

    TBA

    How to Elevate Your Chances of Passing the FRM Exam

    Follow these tips to increase your chances of passing the FRM examination.

    • Plan Ahead and Start Early: Set up a clear study plan for the FRM exam and give yourself plenty of time to prepare. Starting early will help you feel more relaxed and organized.

    • Focus on GARP’s Learning Objectives: Take the time to go through the Learning Objectives provided by GARP. They’re your roadmap, showing exactly what you need to know for the exam.

    • Consider an FRM Prep Course: Sign up for an FRM prep class. It can provide valuable structure and expert support to help guide you through the material.

    • Stick to a Regular Study Routine: Find a study schedule that works for you and stick with it. Regular study sessions will help you stay on track and prevent last-minute stress.

    • Balance Reading and Practice: Alternate between reading your study materials and doing practice problems. And don’t forget to take breaks – your brain needs time to process the information!

    • Take a Mock Exam: Try at least one full-length practice exam. It’ll help you get used to the test format and give you a confidence booston the exam date.

    Upcoming Finance Exams
    Ongoing Dates
    CFA Exam Others

    11 Nov'25 - 13 May'26 (Online)

    Ongoing Dates
    ACET Application Date

    10 Feb'26 - 14 May'26 (Online)

    Ongoing Dates
    CSEET Application Date

    1 Mar'26 - 31 May'26 (Online)