Guide to FRM Exam Dates and Deadlines 2024 | Zell Education

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      A Guide to FRM Exam Dates and Deadlines 2024

      Last Update On 4th July 2024
      Duration: 5 Mins Read

      The Global Association of Risk Professionals (GARP) has designed the FRM job designation to identify risk professionals qualified to make informed business decisions. Candidates must clear the exam to apply for this position. This article is for everyone who wishes to know about FRM exam dates and other details. Read this article to understand the process, especially the fee and other policies about FRM.

      FRM Exam Dates

      What are the Recent Changes to FRM Exam Dates?

      There was a recent change in the FRM exam details by GARP in May 2022. The agency updated the part 1 exam to be held thrice a year – May, August (instead of July), and November. However, even the part 2 exams started to happen thrice a year, effective December 2022. In the past, only part 1 exams were conducted three times a year.

      A Reminder of the Upcoming 2024 Exam Cycle

      Candidates applying must remember the FRM exam deadline dates to ensure they register on time and take advantage of the opportunity. Listed below is the reminder of the upcoming FRM exam schedule for your reference:

      • May 2024 – Registration started on 1st December 2023
      • August 2024 – Registration began on 1st March 2024
      • November 2024 – Registration started on 1st May 2024

      Remember, these dates are for FRM exams part 1 and FRM exam part 2.

      FRM Exam Dates 2024

      The FRM exam registration date and the exam date are separate and should not be confused or inter-linked. The above section only spoke about the registration date, and the table below talks about the exam dates:

      Month

      Exam Date

      May 2024

      Part 1 – 11-17 May 2024

      Part 2 – 18 – 22 May 2024

      August 2024

      Part 1 and 2 – 9-10 August 2024

      November 2024

      Part 1 – 9-15 November 2024

      Part 2 – 16-19 November 2024

      May 2024 FRM Exam Dates

      Here are the exam and other relevant dates for the May 2024 attempt:

      Deadlines

      May 2024 (Part 1 and 2)

      Registration 

      1 December 2023

      Early registration ends

      31 January 2024

      ADA application deadline

      28 February 2024

      Registration closes: The last date to defer to the next exam

      31 March 2024

      The last date to reschedule, select, and change exam venue

      26 April 2024

      Exam date

      Part 1 – 11-17 May 2024

      Part 2 – 18 – 22 May 2024

      August 2024 FRM Exam Dates

      Here are the exam and other relevant dates for the August 2024 attempt:

      Deadlines

      August 2024 (Part 1 and 2)

      Registration 

      1 March 2024

      Early registration ends

      30 April 2024

      ADA application deadline

      30 May 2024

      Registration closes: The last date to defer to the next exam

      30 June 2024

      The last date to reschedule, select, and change exam venue

      26 July 2024

      Exam date Part 1 and 2 – 9-10 August 2024

      November 2024 FRM Exam Dates

      Here are the exam and other relevant dates for the November 2024 attempt:

      Deadlines

      November 2024 (Part 1 and 2)

      Registration 

      1 May 2024

      Early registration ends

      31 July 2024

      ADA application deadline

      31 August 2024

      Registration closes: The last date to defer to the next exam

      30 September 2024

      The last date to reschedule, select, and change exam venue

      25 October 2024

      Exam date

      Part 1 – 9-15 November 2024

      Part 2 – 16-19 November 2024

      FRM Exam Locations 2024

      Candidates must completely understand all FRM exam information, including how to find their preferred exam location. The candidates applying from Hong Kong, China, and Thailand must schedule their exam location using the ATA platform. All other candidates are required to book it through PSI location providers.

      Candidates must remember that seats are on a first-come, first-served basis and must be selected when the registration window opens.

      2024 FRM Exam Fees, Refund, and Other Important Policies

      The FRM exam fees vary depending on whether the candidate goes for early or standard registration and whether they are new or returning candidates. Let’s look at both:

      FRM Exam Level

      New Candidate

      Returning Candidate

      Exam part 1

      Early – USD 1000

      Standard – USD 1200

      Early – USD 600

      Standard – USD 800

      Exam part 2

      Early – USD 600

      Standard – USD 800

      NA

      In case the candidates wish to cancel their registration, they have 48 hours to submit a refund request. They must submit their refund request via email to [email protected]. Here are some more exam policies for candidates to remember:

      • A complete registration form must be submitted with the registration fee before the deadline. If the candidate doesn’t submit the refund within 48 hours, the registration fee will be forfeited. 
      • If the candidate wants to sit for the exam in the future, they will have to pay the registration fee again.
      • Candidates must reach the exam venue on time. They won’t be allowed to sit for the exam if they are late. In such cases, no fee will be refunded.
      • They must carry proof of identification when appearing at the exam venue for admission.

      Timeline for Completing FRM Certification

      Candidates must pass Parts 1 and 2 of the exam to get FRM certification. Part 2 must be cleared by 31 December of the fourth year of passing part 1. Moreover, candidates must submit proof of two years of full-time financial risk management work experience to obtain their certification.

      What Happens if an FRM Exam is Postponed or You Need to Defer it?

      Candidates can only postpone or defer their exam only one time to the next exam date. No second deferral is allowed, and the request must be made before the end of the exam registration date. The candidate must also pay USD 250 to defer their exam. 

      How Do You Get FRM Exam Results?

      The FRM results are given and scored on a pass-and-fail basis. Candidates will receive their FRM exam results via email approximately six weeks after taking them. The results will also have a quartile comparison of how they have performed with other candidates.

      Conclusion 

      Before attempting the exam, candidates must understand the FRM exam pattern, FRM exam format, and FRM exam structure completely. This will help in knowing whether this exam and field is right for them or not. Moreover, this exam requires a lot of dedication and consistent efforts and hence, if you have a clear understanding, it will be possible to go for the right FRM exam preparation.

      FAQs on FRM Exam Dates and Deadlines:

      How long is the FRM exam?

      The exam length of the FRM exam is four hours. It is the same for both parts 1 and 2.

      Can we postpone FRM exam?

      Candidates are only allowed once to postpone their exam to the next available exam schedule.

      How much does FRM exam cost?

      A new candidate applying via early registration will have to pay USD 1000, and if applying through standard registration, will have to pay USD 1200 for part 1. However, the returning candidates and the ones applying for part 2 have to pay USD 600 for early and USD 800 for standard registration.

      How many times a year is the FRM exam?

      The FRM examination is conducted three times – May, August, and November in a year.

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