{"id":4303,"date":"2026-10-01T09:37:24","date_gmt":"2026-10-01T09:37:24","guid":{"rendered":"https:\/\/www.edzeb.com\/blog\/?p=4303"},"modified":"2026-10-01T09:42:29","modified_gmt":"2026-10-01T09:42:29","slug":"frm-syllabus","status":"publish","type":"post","link":"https:\/\/www.edzeb.com\/blog\/frm-syllabus\/","title":{"rendered":"FRM Syllabus 2026, Part 1 and Part 2 &#8211; Detailed Guide"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">To gain FRM certification, it is important to understand the FRM syllabus. What topics are included in Part 1 and Part 2, and what is the topic-wise weightage?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this guide, let us explore the FRM course syllabus along with the best <\/span><a href=\"https:\/\/www.edzeb.com\/blog\/best-books-for-frm\/\"><span style=\"font-weight: 400;\">books for FRM<\/span><\/a><span style=\"font-weight: 400;\"> to study when exams are just around the corner and the topic weightage.<\/span><\/p>\n<section class=\"quick-summary-section\">\n<div class=\"quick-summary-box\">\n<div class=\"quick-summary-header\">\u00a0 <span class=\"qs-badge\">Key Takeaways<\/span><\/div>\n<ul class=\"quick-summary-list\">\n<li>FRM qualification is awarded by GARP.<\/li>\n<li>\u00a0 The FRM curriculum is divided into 2 parts.<\/li>\n<li>The FRM Part 1 Exam window is November 14\u201320, 2026.<\/li>\n<li>The FRM Part 2 Exam window is from November 21\u201325, 2026.<\/li>\n<\/ul>\n<\/div>\n<\/section>\n<div style=\"border: 1px solid #32dbc6; padding: 0px 0px 0px 20px; border-radius: 5px;\">\n<h2 style=\"font-size: 22px !important; line-height: 0 !important; padding-bottom: 15px !important;\"><b>Table of Contents:<\/b><\/h2>\n<ol class=\"tbl-content\" style=\"line-height: 2 !important;\">\n<li><b><a href=\"&quot;#sylb\">FRM Syllabus as per 2026 GARP Guidelines<\/a><\/b><\/li>\n<li><b><a href=\"#weightage\">FRM Course Syllabus Weightage 2026<\/a><\/b><\/li>\n<li><b><a href=\"#books\">FRM Syllabus Study Material &amp; Books<\/a><\/b><\/li>\n<li><b><a href=\"#conc\">Conclusion<\/a><\/b><\/li>\n<li id=\"sylb\"><b><a href=\"#faq\">Frequently Asked Questions<\/a><\/b><\/li>\n<\/ol>\n<\/div>\n<h2>FRM Syllabus as per 2026 GARP Guidelines<\/h2>\n<p><span style=\"font-weight: 400;\">The FRM syllabus is divided into 2 parts. FRM Part 1 syllabus includes 4 subjects, and the FRM Part 2 syllabus includes 6 subjects. Both are scheduled independently, and you must pass them in chronological order to gain the financial risk manager certification.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The skills gained after pursuing the qualification can be applied across risk, banking and investment roles, which can influence <\/span><a href=\"https:\/\/www.edzeb.com\/blog\/frm-salary-in-india\/\"><span style=\"font-weight: 400;\">FRM salary in India<\/span><\/a><span style=\"font-weight: 400;\"> depending on the location, company, role and experience.<\/span><\/p>\n<h3><strong>FRM Part 1 Syllabus<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">It focuses on the fundamental tools and concepts used to assess financial risk.<\/span><\/p>\n<h4><b>Foundations of Risk Management<\/b><\/h4>\n<h4><span style=\"font-weight: 400;\">It includes Risk management frameworks, governance, risk appetite and financial crises. With the help of these, professionals identify and report risks, develop risk policies, set risk limits and support enterprise risk management.<\/span><\/h4>\n<h4><b>Quantitative Analysis<\/b><\/h4>\n<h4><span style=\"font-weight: 400;\">It lets you study Probability, statistics, regression, time series and quantitative methods used in risk modelling, forecasting, data analysis, stress testing and measuring financial risk.<\/span><\/h4>\n<h4><b>Financial Markets and Products<\/b><\/h4>\n<h4><span style=\"font-weight: 400;\">It covers Bonds, derivatives, futures, forwards, options and swaps to understand market exposures, evaluate financial instruments and assess hedging strategies<\/span><\/h4>\n<h4><b>Valuation and Risk Models<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">In this, Valuation techniques, VaR, volatility, stress testing and risk models are taught to measure portfolio risk, assess potential losses, support pricing and evaluate risk models<\/span><\/p>\n<h3><strong>FRM Part 2 Syllabus<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">It focuses on applying the risk-management tools learned in Part I.<\/span><\/p>\n<h4><b>Market Risk Measurement and Management<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">It covers Market risk, VaR, Expected Shortfall, stress testing and backtesting to monitor how changes in interest rates, currencies, equity prices and other market factors can affect portfolios<\/span><\/p>\n<h4><b>Credit Risk Measurement and Management<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">It is all about Credit analysis, default risk, counterparty risk and credit derivatives, which are used in lending, corporate banking and risk teams to evaluate borrowers, counterparties and credit exposures.<\/span><\/p>\n<h4><b>Operational Risk and Resilience<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">It covers Operational risk, governance, technology and cyber risk, and resilience, used to identify losses arising from failed processes, people, systems or external events and to strengthen business continuity and controls<\/span><\/p>\n<h4><b>Liquidity and Treasury Risk Measurement and Management<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">You study liquidity risk, funding risk, treasury management and asset-liability management to manage cash flows, funding needs, liquidity buffers and contingency funding in banks and other financial institutions.<\/span><\/p>\n<h4><b>Risk Management and Investment Management<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">It includes Portfolio risk, investment risk, risk budgeting and investment decisions taken by asset managers and investment teams to balance risk and return and monitor portfolios.<\/span><\/p>\n<h4><b>Current Issues in Financial Markets<\/b><\/h4>\n<p><span id=\"weightage\" style=\"font-weight: 400;\">You are taught about emerging issues such as AI, private credit, geopolitical risk, digital assets and digital resilience to help risk professionals understand and assess new risks such as digitalisation, AI, private credit and other developments affecting financial markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But before you begin your preparation, it is also important to understand the <\/span><a href=\"https:\/\/www.edzeb.com\/blog\/frm-eligibility-criteria\/\"><span style=\"font-weight: 400;\">FRM Eligibility<\/span><\/a><span style=\"font-weight: 400;\"> requirements.<\/span><\/p>\n<h2><b>FRM Course Syllabus Weightage 2026<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to GARP\u2019s 2026 FRM Learning Objectives, the syllabus has approximate weightings across four domains in Part I and six domains in Part II, given in the tabular chart below,<\/span><\/p>\n<table style=\"width: 99.6521%; height: 616px;\">\n<tbody>\n<tr style=\"height: 56px;\">\n<td style=\"width: 29.1617%; text-align: center; height: 56px;\"><strong>FRM Part<\/strong><\/td>\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><strong>Subject<\/strong><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><strong>Approx. Weightage<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 29.1617%; text-align: center; height: 224px;\" rowspan=\"4\"><strong>Part I<\/strong><\/td>\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Foundations of Risk Management<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">20%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Quantitative Analysis<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">20%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Financial Markets and Products<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Valuation and Risk Models<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 29.1617%; height: 336px; text-align: center;\" rowspan=\"6\"><span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<strong>Part II<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/span><\/td>\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Market Risk Measurement and Management<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">20%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Credit Risk Measurement and Management<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">20%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Operational Risk and Resilience<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">20%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Liquidity and Treasury Risk Measurement and Management<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">15%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Risk Management and Investment Management<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">15%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"width: 50.6494%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">Current Issues in Financial Markets<\/span><\/td>\n<td style=\"width: 25.2389%; text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">10%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span id=\"books\" style=\"font-weight: 400;\">Once you understand the syllabus and the weightage of each of the subjects, the next step is to complete your <\/span><a href=\"https:\/\/www.edzeb.com\/blog\/frm-registration\/\"><span style=\"font-weight: 400;\">FRM registration<\/span><\/a><span style=\"font-weight: 400;\"> for the relevant exam window.<\/span><\/p>\n<h2><b>FRM Study Material &amp; Books<\/b><\/h2>\n<h3><b>GARP\u2019s Official Material<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Use the official study resources as your primary reference because the FRM curriculum is revised annually. The current 2026 resources include:\u00a0<\/span><\/p>\n<p><b>GARP Study Guide<\/b><span style=\"font-weight: 400;\"> includes all the primary topics and the required readings necessary for self-preparation.<\/span><\/p>\n<p><b>GARP Learning<\/b><span style=\"font-weight: 400;\"> is about core learning and practice using digital curriculum, practice questions, and study-planning tools.<\/span><\/p>\n<p><b>Official FRM Books<\/b><span style=\"font-weight: 400;\"> contain detailed concept study of the full FRM Part 1 and Part II curriculum.<\/span><\/p>\n<p><b>Required readings for Part II<\/b><span style=\"font-weight: 400;\"> are additional material to prepare for current issues and other prescribed readings.<\/span><\/p>\n<p><b>GARP Practice exams<\/b><span style=\"font-weight: 400;\"> are important for evaluating your progress under timed conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Along with the official GARP resources, you can explore the <\/span><a href=\"https:\/\/www.edzeb.com\/blog\/best-books-for-frm\/\"><span style=\"font-weight: 400;\">Best Books for FRM<\/span><\/a><span style=\"font-weight: 400;\"> for additional preparation, including the ones given below,<\/span><\/p>\n<h3><b>Kaplan Schweser FRM Study Resources<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Kaplan Schweser also offers FRM study material that includes concise study notes, a question bank and mock exams for revision and exam-focused practice.<\/span><\/p>\n<h3><b>Bionic Turtle FRM Study Material\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Bionic Turtle FRM Study Material lets you access Videos, practice questions, spreadsheets and study-planning resources for your conceptual learning and additional practice.<\/span><\/p>\n<p><span id=\"conc\" style=\"font-weight: 400;\">You can choose to study from any of these, but it is suggested to kindly go through the official material first to ensure that your preparation covers the latest FRM syllabus and learning objectives.<\/span><\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span id=\"faq\" style=\"font-weight: 400;\">Lastly, FRM exams are approaching in November 2026, so for FRM Part 1 and Part 2, prepare yourselves by thoroughly going through the FRM syllabus and using the right study material to ace your exams, be it the official GARP\u2019s Study Material, Kaplan Schweser FRM Study Resources or Bionic Turtle FRM Study Material.\u00a0<\/span><\/p>\n<h2><b>FAQs on FRM Syllabus<\/b><\/h2>\n<style>#sp-ea-4305 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 300ms;}#sp-ea-4305.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-4305.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #444;}#sp-ea-4305.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-4305.sp-easy-accordion>.sp-ea-single {background: #eee;}#sp-ea-4305.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #444;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1790842484\"><div id=\"sp-ea-4305\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\"><div class=\"ea-card ea-expand sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43050\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43050\" aria-controls=\"collapse43050\" href=\"#\" aria-expanded=\"true\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-minus\"><\/i> What is the FRM syllabus for 2026?<\/a><\/h3><div class=\"sp-collapse spcollapse collapsed show\" id=\"collapse43050\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43050\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The FRM syllabus for 2026 is divided into 2 Parts. FRM Part 1 includes Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. FRM Part 2 includes Market Risk, Credit Risk, Operational Risk, Liquidity and Treasury Risk, Investment Management, and Current Issues in Financial Markets.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43051\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43051\" aria-controls=\"collapse43051\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How to Prepare for the FRM Syllabus?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43051\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43051\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Prepare for the FRM Syllabus by understanding the GARP syllabus and learning objectives to cover the latest updates in the syllabus before building an understanding of concepts, practising, revising, and giving mock tests.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43052\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43052\" aria-controls=\"collapse43052\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Is the FRM Syllabus Difficult?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43052\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43052\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">Nothing is difficult if you prepare diligently. Things get challenging, but that is what prepares you for the best that is yet to come.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43053\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43053\" aria-controls=\"collapse43053\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How long does FRM preparation take?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43053\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43053\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">FRM preparation takes a year or so to pass both exams.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43054\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43054\" aria-controls=\"collapse43054\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What is the FRM Part 1 syllabus weightage?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43054\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43054\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The FRM Part 1 syllabus 2026 has four subjects.\u00a0<\/span><\/p><ol><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Foundations of Risk Management (20%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Quantitative Analysis (20%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Financial Markets and Products (30%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Valuation and Risk Models (30%)<\/span><\/li><\/ol><p><span style=\"font-weight: 400\">These are approximate weightages based on GARP\u2019s 2026 Learning Objectives.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43055\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43055\" aria-controls=\"collapse43055\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What is the FRM Part 2 syllabus weightage?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43055\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43055\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The FRM Part 2 syllabus 2026 includes six subjects.<\/span><\/p><ol><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Market Risk Measurement and Management (20%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Credit Risk Measurement and Management (20%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Operational Risk and Resilience (20%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Liquidity and Treasury Risk Measurement and Management (15%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Risk Management and Investment Management (15%)<\/span><\/li><li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Current Issues in Financial Markets (10%)<\/span><\/li><\/ol><p><span style=\"font-weight: 400\">These are approximate weightages based on GARP\u2019s 2026 Learning Objectives.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43056\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43056\" aria-controls=\"collapse43056\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What is the FRM Part 1 syllabus?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43056\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43056\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The FRM Part 1 syllabus covers Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43057\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43057\" aria-controls=\"collapse43057\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What is the FRM Part 2 syllabus?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43057\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43057\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">The FRM Part 2 syllabus includes Market Risk Measurement and Management, Credit Risk Measurement and Management, Operational Risk and Resilience, Liquidity and Treasury Risk Measurement and Management, Risk Management and Investment Management, and Current Issues in Financial Markets. <\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43058\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43058\" aria-controls=\"collapse43058\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How many subjects are there in FRM Part 1?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43058\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43058\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">FRM Part 1 has 4 subjects.<\/span><\/p><\/div><\/div><\/div><div class=\"ea-card sp-ea-single\"><h3 class=\"ea-header\"><a class=\"collapsed\" id=\"ea-header-43059\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse43059\" aria-controls=\"collapse43059\" href=\"#\" aria-expanded=\"false\" tabindex=\"0\"><i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> How many subjects are there in FRM Part 2?<\/a><\/h3><div class=\"sp-collapse spcollapse \" id=\"collapse43059\" data-parent=\"#sp-ea-4305\" role=\"region\" aria-labelledby=\"ea-header-43059\"> <div class=\"ea-body\"><p><span style=\"font-weight: 400\">FRM Part 2 has 6 subjects.<\/span><\/p><\/div><\/div><\/div><script type=\"application\/ld+json\">{ \"@context\": \"https:\/\/schema.org\", \"@type\": \"FAQPage\", \"@id\": 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FRM Part 1 includes Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. FRM Part 2 includes Market Risk, Credit Risk, Operational Risk, Liquidity and Treasury Risk, Investment Management, and Current Issues in Financial Markets.\" } },{ \"@type\": \"Question\", \"name\": \"How to Prepare for the FRM Syllabus?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Prepare for the FRM Syllabus by understanding the GARP syllabus and learning objectives to cover the latest updates in the syllabus before building an understanding of concepts, practising, revising, and giving mock tests.\" } },{ \"@type\": \"Question\", \"name\": \"Is the FRM Syllabus Difficult?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"Nothing is difficult if you prepare diligently. Things get challenging, but that is what prepares you for the best that is yet to come.\" } },{ \"@type\": \"Question\", \"name\": \"How long does FRM preparation take?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"FRM preparation takes a year or so to pass both exams.\" } },{ \"@type\": \"Question\", \"name\": \"What is the FRM Part 1 syllabus weightage?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The FRM Part 1 syllabus 2026 has four subjects.\u00a0<ol><li>Foundations of Risk Management (20%)<\/li><li>Quantitative Analysis (20%)<\/li><li>Financial Markets and Products (30%)<\/li><li>Valuation and Risk Models (30%)<\/li><\/ol>These are approximate weightages based on GARP\u2019s 2026 Learning Objectives.\" } },{ \"@type\": \"Question\", \"name\": \"What is the FRM Part 2 syllabus weightage?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The FRM Part 2 syllabus 2026 includes six subjects.<ol><li>Market Risk Measurement and Management (20%)<\/li><li>Credit Risk Measurement and Management (20%)<\/li><li>Operational Risk and Resilience (20%)<\/li><li>Liquidity and Treasury Risk Measurement and Management (15%)<\/li><li>Risk Management and Investment Management (15%)<\/li><li>Current Issues in Financial Markets (10%)<\/li><\/ol>These are approximate weightages based on GARP\u2019s 2026 Learning Objectives.\" } },{ \"@type\": \"Question\", \"name\": \"What is the FRM Part 1 syllabus?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The FRM Part 1 syllabus covers Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models.\" } },{ \"@type\": \"Question\", \"name\": \"What is the FRM Part 2 syllabus?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"The FRM Part 2 syllabus includes Market Risk Measurement and Management, Credit Risk Measurement and Management, Operational Risk and Resilience, Liquidity and Treasury Risk Measurement and Management, Risk Management and Investment Management, and Current Issues in Financial Markets.\" } },{ \"@type\": \"Question\", \"name\": \"How many subjects are there in FRM Part 1?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"FRM Part 1 has 4 subjects.\" } },{ \"@type\": \"Question\", \"name\": \"How many subjects are there in FRM Part 2?\", \"acceptedAnswer\": { \"@type\": \"Answer\", \"text\": \"FRM Part 2 has 6 subjects.\" } }] }<\/script><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>To gain FRM certification, it is important to understand the FRM syllabus. What topics are included in Part 1 and Part 2, and what is the topic-wise weightage? In this guide, let us explore the FRM course syllabus along with the best books for FRM to study when exams are just around the corner and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1382,1381],"class_list":["post-4303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-frm-course-syllabus","tag-frm-syllabus"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FRM Syllabus 2026: Part 1 &amp; Part 2 Topics, Weightage Guide<\/title>\n<meta name=\"description\" content=\"Explore the FRM Syllabus 2026 for Part 1 and Part 2, topic-wise weightage, study material, books, and key GARP learning objectives for exam preparation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.edzeb.com\/blog\/frm-syllabus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRM Syllabus 2026: Part 1 &amp; 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